The information contained on this web page is only a summary of information presented in more detail in the Notice of Proposed Settlement of Class Action (the “Notice”), which you can access by clicking here . Since this website is just a summary, you should review the Notice for additional information.

If you are a member of the Class, your rights will be affected and you may be eligible for a payment from the Settlement, unless you timely request to be excluded.

The Class consists of:

“ALL PERSONS WHO ACQUIRED MAXAR TECHNOLOGIES INC. COMMON STOCK IN EXCHANGE FOR DIGITALGLOBE, INC. COMMON STOCK PURSUANT TO THE REGISTRATION STATEMENT AND PROSPECTUS ISSUED IN CONNECTION WITH MAXAR’S OCTOBER 2017 MERGER WITH DIGITALGLOBE.

On December 11, 2023, the Court granted final approval of the Settlement and granted Plaintiff’s motion for attorney fees and costs. Please find the relevant Order in the Court Documents section of this website.

Plaintiff alleges that the Offering Materials misrepresented and omitted material facts regarding Maxar’s business, including that: (1) there were significant indicators of impairment of Maxar’s assets, particularly in its Communications, SSL, and geostationary satellite communications (“GeoComm”) businesses; (2) Maxar had not adequately tested for impairment; (3) GeoComm was severely impaired as of the date of the Offering Materials; (4) Maxar was not complying with IFRS accounting standards, including related to impairment testing; and (5) risks that Maxar characterized as hypothetical had already materialized at the time of the Merger. Plaintiff alleges that Defendants thus violated §§ 11, 12(a)(2), and 15 of the Securities Act of 1933.

Defendants deny all of Plaintiff’s allegations and deny that there was any violation of the Securities Act.

The non-reversionary gross settlement amount is $36,500,000, plus accrued interest and minus the costs of administering the notice to the class, attorney fees and expenses and payment to Plaintiff as class representative.

This website and the Notice summarize the Settlement. For more details regarding the Settlement, please reference the documents filed in the case under the “Court Documents” link on the left. You may also contact the Claims Administrator for further information regarding the Settlement at the phone, address and email address listed below.