Virgin Galactic wins court approval of derivative lawsuit settlement, gets $2.75 million payment
SPCE•Court approves derivative lawsuit settlement
- Virgin Galactic won final court approval on Aug. 14, 2026 to settle shareholder derivative suits in federal court in New York.
- The settlement releases all related claims with no finding of wrongdoing by the company or its directors or officers.
- Insurers will pay USD 2.75 million to the company, which will retain half.
