Virgin Galactic Securities Class Action Settlement
Virgin Galactic has agreed to settle a securities class action brought by investors who allege the space tourism company made false and misleading statements about the safety and development progress of its SpaceShipTwo vehicle. If you purchased Virgin Galactic (NYSE: SPCE) or Social Capital Hedosophia (IPOA) stock between July 10, 2019 and August 4, 2022, you may be entitled to a cash payment based on your recognized stock losses.
Do I Qualify?
You may be eligible if:
- Investors who purchased Virgin Galactic (NYSE: SPCE) or Social Capital Hedosophia (IPOA) stock between July 10, 2019 and August 4, 2022
- You provide brokerage records showing purchases during the class period
- You submit a valid claim before August 13, 2026
Brokerage records are required. You must provide records showing your stock purchases during the class period.
File your claim through the official settlement website.
File Your Claim →What Happened?
Virgin Galactic, the space tourism company founded by Richard Branson, was sued by investors who alleged the company made false and misleading statements about the safety record and development progress of its SpaceShipTwo vehicle. The lawsuit alleged that Virgin Galactic concealed known safety issues and technical problems that ultimately caused significant delays to its commercial spaceflight program.
The class period covers the SPAC merger period when Social Capital Hedosophia took Virgin Galactic public, as well as the subsequent period when the company made repeated optimistic statements about its launch timeline that the lawsuit alleged were materially misleading.
How Much Will I Actually Get?
Payments are calculated based on your recognized loss formula. Brokerage records showing purchases during the class period are required. Deadline is August 13, 2026.
Last updated: June 16, 2026 | Information verified from court records and official settlement documents.