Virgin Galactic Holdings, Inc. (SPCE) 

Investigation

Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Virgin Galactic Holdings, Inc. ("Virgin Galactic” or the "Company") (NASDAQ: SPCE). Investors who purchased Virgin Galactic securities are encouraged to obtain additional information and assist the investigation.   

 

The investigation concerns whether Virgin Galactic and certain of its officers and/or directors have violated federal securities laws.

 

On March 2, 2022, news outlets reported on the filing of a shareholder lawsuit alleging that former Virgin Galactic chairman Chamath Palihapitiya took advantage of his insider role at the Company to sell some 10 million shares of stock for $315 million before abruptly resigning from the Company’s Board of Directors in February 2022.  On this news, Virgin’s stock price fell sharply during intraday trading on March 3, 2022.

 

If you are aware of any facts relating to this investigation or purchased Virgin Galactic shares, you can assist this investigation by contacting the firm. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484. 

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique.  Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients.  In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.