Deadline on July 27th coming up in Lawsuit for Investors in shares of Virgin Galactic Holdings, Inc. (NYSE: SPCE)

A deadline is coming up on July 27, 2021 in the lawsuit filed for certain investors of Virgin Galactic Holdings, Inc. (NYSE: SPCE) over alleged securities laws violations by Virgin Galactic Holdings, Inc.

Investors who purchased shares of Virgin Galactic Holdings, Inc. (NYSE: SPCE) have certain options and there are strict and short deadlines running. Deadline: July 27, 2021. NYSE: SPCE stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

According to the complaint filed in the U.S. District Court for the Eastern District of New York the plaintiff alleges on behalf of purchasers of Virgin Galactic Holdings, Inc. (NYSE: SPCE) common shares between October 26, 2019 and April 30, 2021, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between October 26, 2019 and April 30, 2021, the defendants made false and/or misleading statements and/or failed to disclose that for accounting purposes, SCH's warrants were required to be treated as liabilities rather than equities, that Virgin Galactic had deficient disclosure controls and procedures and internal control over financial reporting, that as a result, the Company improperly accounted for SCH warrants that were outstanding at the time of the Business Combination, and that as a result, the Company's public statements were materially false and misleading at all relevant times.

Those who purchased shares of Virgin Galactic Holdings, Inc. (NYSE: SPCE) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

This release was published on openPR.