Court partially denies Virgin Galactic's motion to dismiss securities class action

Virgin Galactic Holdings, Inc

Class action alleges false statements about ship safety and commercial flight program between July 2019 and October 2021.
On Nov 7, 2022, court granted in part and denied in part defendants' motion to dismiss.
Co-lead plaintiffs granted leave to file amended complaint by November 28, 2022.
Company states claims are without merit and intends to vigorously defend.

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