{"id":2492,"date":"2024-09-04T21:57:40","date_gmt":"2024-09-04T21:57:40","guid":{"rendered":"https:\/\/usatrustedlawyers.com\/blog\/investor-claims-virgin-galactic-put-billionaire-space-race-over-safety-netting-branson-1b\/"},"modified":"2024-09-04T21:57:40","modified_gmt":"2024-09-04T21:57:40","slug":"investor-claims-virgin-galactic-put-billionaire-space-race-over-safety-netting-branson-1b","status":"publish","type":"post","link":"https:\/\/usatrustedlawyers.com\/blog\/investor-claims-virgin-galactic-put-billionaire-space-race-over-safety-netting-branson-1b\/","title":{"rendered":"Investor Claims Virgin Galactic Put Billionaire Space Race Over Safety, Netting Branson $1B"},"content":{"rendered":"\n<div>\n<p>A Virgin Galactic Holdings Inc. shareholder has claimed in the Court of Chancery that founder Richard Branson and the company\u2019s board breached their fiduciary duties by failing to prioritize and keep investors informed about safety issues on space flights.<\/p>\n<p>Robbins Geller Rudman &amp; Dowd and Robbins LLP are representing the\u00a0plaintiff,\u00a0Kimberley Espinosa, and filed a public version of her derivative <a href=\"https:\/\/drive.google.com\/file\/d\/1CaXQLms18hVTT4hKnDpdDA9FSTIN0_VN\/view?usp=sharing\" rel=\"nofollow noopener\" target=\"_blank\">complaint<\/a> on Tuesday, alleging that Branson\u00a0made over $1.1 billion by selling Virgin Galactic shares at a price artificially inflated by safety issues not being publicly known.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>A Virgin Galactic Holdings Inc. shareholder has claimed in the Court of Chancery that founder Richard Branson and the company\u2019s board breached their fiduciary duties by failing to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2493,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[3288,3290,300,3287,2012,3289,3280,696,1691,2483,3286],"class_list":["post-2492","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lawyers","tag-billionaire","tag-branson","tag-claims","tag-galactic","tag-investor","tag-netting","tag-put","tag-race","tag-safety","tag-space","tag-virgin"],"_links":{"self":[{"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/2492","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/comments?post=2492"}],"version-history":[{"count":0,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/2492\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/media\/2493"}],"wp:attachment":[{"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/media?parent=2492"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/categories?post=2492"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/tags?post=2492"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}