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Reading: Space Tech Company Maxar Technologies Hit With Securities Suit Amid Proposed $6.4B Advent Acquisition
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Legal Mag > Blog > Litigation > Space Tech Company Maxar Technologies Hit With Securities Suit Amid Proposed $6.4B Advent Acquisition
Litigation

Space Tech Company Maxar Technologies Hit With Securities Suit Amid Proposed $6.4B Advent Acquisition

Press Room
Press Room 3 weeks ago
Updated 2023/03/01 at 8:44 PM
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Space tech company Maxar Technologies and members of its board of directors were slapped with a shareholder lawsuit on Monday in California Northern District Court over the company’s proposed acquisition by Advent International for $6.4 billion. The suit, brought by Weiss Law on behalf of Jeweltex Manufacturing Retirement Plan, alleges that the proxy statement filed in support of the deal contains false information. Counsel have not yet appeared for the defendants. The case is 5:23-cv-00873, Jeweltex Manufacturing Retirement Plan v. Maxar Technologies Inc. et al.

This suit was surfaced by Law.com Radar, a source for high-speed legal news and litigation updates personalized to your practice. Law.com Radar publishes daily updates on just-filed federal cases like this one. Click here to get started and be first to know about new suits in your region, practice area or client sector.

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Press Room March 1, 2023
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