Astra Space Investors: Reach out to the Portnoy Law Firm prior to the April 11, 2022 Deadline
Investors can contact the law firm at no cost to learn more about recovering their losses
LOS ANGELES, April 08, 2022 (GLOBE NEWSWIRE) — The Portnoy Law Firm advises Astra Space, Inc. f/k/a Holicity, Inc. (NASDAQ: ASTR, HOL) investors that a class action lawsuit has been filed on behalf of persons and entities that purchased or otherwise acquired Fennec securities between February 2, 2021 and December 29, 2021, inclusive (the “Class Period”).
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: [email protected], to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose: (1) Astra cannot launch “anywhere”; (2) Astra significantly overstated its addressable market; (3) Astra overstated the effectiveness of its designs and reliability; (4) Astra significantly overstated its plans for diversification and its broadband constellation plan; and (5) as a result, defendants’ public statements were materially false and/or misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
Please visit our website to review more information and submit your transaction information.
The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
[email protected]
310-692-8883
www.portnoylaw.com
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