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KUSNIER v. VIRGIN GALACTIC HOLDINGS, INC.

21-CV-03070-ARR-TAM.

639 F.Supp.3d 350 (2022)

Mark KUSNIER and Robert Scheele, Individually and on Behalf of All Others Similarly Situated, Plaintiff, v. VIRGIN GALACTIC HOLDINGS, INC., Michael A. Colglazier, George Whitesides, Michael Moses, Richard Branson, and Chamath Palihapitiya, Defendants.

United States District Court, E.D. New York.

Signed November 7, 2022.

Attorney(s) appearing for the Case

Phillip Kim, Jonathan Richard Horne, Laurence Matthew Rosen, The Rosen Law Firm, P.A., New York, NY, Ex Kano S. Sams, II, Pro Hac Vice, Kara Wolke, Raymond Daniel Sulentic, Pro Hac Vice, Glancy Prongay & Murray LLP, Los Angeles, CA, for Plaintiff Mark Kusnier.

Ex Kano S. Sams, II, Pro Hac Vice, Kara Wolke, Raymond Daniel Sulentic, Pro Hac Vice, Glancy Prongay & Murray LLP, Los Angeles, CA, Gregory B. Linkh, Glancy Prongay & Murray LLP, New York, NY, Jonathan Richard Horne, Laurence Matthew Rosen, The Rosen Law Firm, P.A., New York, NY, for Plaintiff Robert Scheele.

Colleen Smith, Pro Hac Vice, Latham & Watkins LLP, San Diego, CA, Michele D. Johnson, Pro Hac Vice, Kristin N. Murphy, Pro Hac Vice, Latham & Watkins LLP, Costa Mesa, CA, Corey Anne Calabrese, Latham & Watkins LLP, New York, NY, for Defendants.

OPINION & ORDER

Plaintiffs Mark Kusnier, Robert Scheele, Xinqiang Cui, Justin Carough, Jennifer Ortiz, and Richard O'Keefe-Jones bring this putative securities class action against defendants Virgin Galactic Holdings, Inc. ("Virgin Galactic"), Richard Branson, Chamath Palihapitiya, George...

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