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What's Next for Virgin Galactic?
Benzinga· 2025-11-18 16:51
Virgin Galactic Holdings, Inc. (NYSE:SPCE) settled a shareholder class action on June 17, 2025, agreeing to pay $8.5 million to resolve allegations that the space tourism company concealed critical safety issues and engineering flaws tied to its flagship Unity 22 mission in July 2021. The lawsuit, filed in the U.S. District Court for the Eastern District of New York (Case 1:21-cv-03070), centered on claims that management misled investors about the technical readiness and safety of its suborbital flight sys ...