Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Maxar Technologies Ltd (NYSE: MAXR) violated securities laws in connection with certain financial statements.

The investigation seeks to discover if possible claims on behalf of purchasers of the securities of Maxar Technologies Ltd (NYSE: MAXR) concerning whether a series of statements by Maxar Technologies Ltd regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

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.

Based in Westminster, Colorado, and founded in 1969 Maxar Technologies Ltd is a space and geospatial intelligence company, provides satellites, earth imagery, geospatial data, and analytics for the commercial and government customers worldwide.

If you purchased shares of Maxar Technologies Ltd (NYSE: MAXR) on or before August 7, 2018, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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