Virgin Galactic wins court approval to settle derivative lawsuits

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Virgin Galactic Receives Final Approval by the Court to Settle Derivative Claims With No Findings of Wrongdoing

August 18, 2026 9:00 AM EDT

Court Grants Final Approval of Settlement of Derivative Lawsuits Matter Fully Resolved, with All Related Claims Released and No Finding of Wrongdoing Company to Receive $2.75 Million in Settlement Payment, of which Company will Keep Half

ORANGE COUNTY, Calif.--(BUSINESS WIRE)-- Virgin Galactic Holdings, Inc. (NYSE: SPCE) ("Virgin Galactic" or the "Company") today announced that on August 14, 2026, the U.S. District Court for the... More