Market Overview

MAXAR TECHNOLOGIES, LTD. INVESTOR ALERT: Girard Gibbs Announces Investigation on Behalf of MAXR Investors

Share:

Maxar Technologies Investors Are Encouraged to Contact the Firm
for Information about their Legal Rights

Girard Gibbs LLP is investigating claims on behalf of investors of Maxar
Technologies, Ltd. (NYSE:MAXR) involving possible securities law
violations.

To speak privately with an attorney regarding this class action
lawsuit investigation,
click
here
.

On August 7, 2018, Spruce Point Capital Management published a research
report alleging that Maxar "has pulled one of the most aggressive
accounting schemes Spruce Point has ever seen to inflate Non-IFRS
earnings by 79%".

Specifically, the report asserts that Maxar used its acquisition of
DigitalGlobe "to inflate [its] intangible assets" and had "amended its
post-retirement benefit plan to book one-time gains" in a manner that
"was not fully disclosed across its investor communications".

Following publication of the Spruce Point report, Maxar's stock price
fell more than 13% to close at $38.44 on August 7, 2018, thereby
injuring investors.

If you purchased or acquired share of MAXR and would like to speak
privately with a securities attorney to learn more about the
investigation or your legal rights as an investor, please visit our
website
or contact the securities team directly at (800) 254-9493.

About Girard Gibbs

Girard Gibbs is a national litigation firm representing investors,
businesses, municipalities and unions in class and individual actions in
state and federal courts throughout the country. The firm has recovered
over a billion dollars for its clients against some of the world's
largest corporations, and our attorneys have been honored for the
quality of their work and legal achievements with recognition in the Best
Lawyers in America
 list for five consecutive years.

This press release may constitute Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.

View Comments and Join the Discussion!