Thieler Law Corp advises investors with losses exceeding $100,000 of the March 15, 2019 lead plaintiff deadline in a class action lawsuit filed against Maxar Technologies Inc (NYSE: MAXR) (“Maxar” or “the Company”). The suit is pending in the U.S. District Court for the District of Colorado and investors, who purchased Maxar Technologies Inc securities between March 29, 2018, and January 7, 2019, have until March 15, 2019 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased Maxar Technologies Inc securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that Maxar improperly inflated the value of its intangible assets, among other accounting improprieties; Maxar's highly-valued WorldView-4 was equipped with CMGs that were faulty and/or ill-suited for their designed and intended purpose; and as a result, Maxar's public statements were materially false and misleading at all relevant times. The lawsuit alleges that when the truth emerged, investors suffered damages.

On August 7, 2018, a report published by Spruce Point Capital alleged that Maxar “has pulled one of the most aggressive accounting schemes Spruce Point has ever seen to inflate Non-IFRS earnings by 79%,” and that the Company’s “$3.7 billion of rising debt with almost no cash and free cash flow” necessitates that Maxar “eliminate its dividend immediately, or risk wiping out equity holders.”

Following this news, NYSE: MAXR fell more than 13% on August 7, 2018.

If you were negatively impacted by your investment in Maxar Technologies Inc securities between March 29, 2018, and January 7, 2019 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.

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