Hagens Berman Notifies Investors in Maxar Technologies (MAXR) of the Firm's Investigation of Possible Disclosure Violations
SAN FRANCISCO, Oct. 31, 2018 /PRNewswire/ -- Hagens Berman Sobol Shapiro LLP notifies investors in Maxar Technologies Ltd. (NYSE: MAXR) of the Firm's investigation of possible disclosure violations. If you purchased or otherwise acquired MAXR securities before October 31, 2018 and suffered losses contact Hagens Berman Sobol Shapiro LLP. For more information visit:
https://www.hbsslaw.com/cases/MAXR
or contact Reed Kathrein, who is leading the firm's investigation, by calling 510-725-3000 or emailing
On October 31, 2018, Maxar and management announced disappointing financial results for the third quarter ended September 30, 2018. In particular, they reported a massive $7.31 per share loss on sales of barely $508 million. In contrast, investors had expected the Company to report a profit.
This news drove the price of Maxar shares down $12.16, or about 45%, to close at $14.91.
"We're focused on investors' losses and the extent to which management's earlier statements may have been misleading," said Hagens Berman partner Reed Kathrein.
Whistleblowers: Persons with non-public information regarding Maxar should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 510-725-3000 or email [email protected].
About Hagens Berman
Hagens Berman is a national investor-rights law firm headquartered in Seattle, Washington with 80+ attorneys in 10 offices across the country. The Firm represents investors, whistleblowers, workers and consumers in complex litigation. More about the firm and its successes can be found at www.hbsslaw.com. For the latest news visit our newsroom or follow us on Twitter at @classactionlaw.
Contact:
Reed Kathrein, 510-725-3000
SOURCE Hagens Berman Sobol Shapiro LLP
Related Links
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article