Momentus Inc. (MNTS) Announces Proposed Settlement of Stockholder Derivative Action
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Momentus Announces Proposed Settlement of Stockholder Derivative Action
September 26, 2024 5:00 PM EDTSAN JOSE, Calif.--(BUSINESS WIRE)-- Momentus Inc. (NASDAQ: MNTS) (Momentus or the Company), a U.S. commercial space company that offers satellite buses, transportation, and other inspace infrastructure services, today announced that the U.S. District Court for the Northern District of California issued a preliminary order providing for approval of a derivative settlement and providing for notice of the settlement to stockholders of the Company in the matters captioned Hanna v. Kabot, et al., Case No. 5:23-cv-00374 (N.D. Cal.); Rivlen v. Kabot, et al., Case No. 2:23-cv-03120... More
