07/14/26 · 4 min read
Virgin Galactic securities settlement: $8.5M for SPCE investors, file online by August 13
By ClaimBridge Team
If you bought Virgin Galactic (SPCE) — or pre-merger Social Capital Hedosophia (IPOA) — common stock between July 10, 2019 and August 4, 2022 and lost money, an $8.5 million settlement will pay you a pro-rata share of your recognized loss. Claims are due online by 11:59 p.m. ET on August 13, 2026 — and filing online matters here, because mailed claims are docked the greater of $5 or 1% of recognized loss.
What this settlement is about
Lavin v. Virgin Galactic Holdings (E.D.N.Y., No. 1:21-cv-03070) alleged that the company and its executives made false and misleading statements about the readiness of its commercial spaceflight program. The defendants deny wrongdoing.
Who qualifies and how much
Purchasers of SPCE or IPOA common stock during the class period who held through at least one corrective disclosure. The plan of allocation weights the fund heavily (88.2%) toward purchases from July 12 through September 2, 2021 — if you bought in that window, your claim carries far more value. Units and warrants are not eligible, payments under $10 aren't distributed, and per-share recoveries are small — this claim is most worthwhile for meaningful positions.
How to file
Broker records (trade confirmations or account statements) document the claim; the form supports representatives filing with evidence of authority, so ClaimBridge readies the trade documentation so your registration takes minutes. The official settlement site is virgingalacticsecuritiessettlement.com. File online by August 13, 2026.
Frequently asked questions
I bought SPCE in 2021 — is my claim worth more?
Likely yes. Purchases from July 12 – September 2, 2021 share 88.2% of the fund under the plan of allocation; purchases earlier or later share the remaining 11.8%.
Are Virgin Galactic warrants or units covered?
No — only common stock (SPCE, or IPOA before the merger). Warrants, units, and shares from converting non-public securities are excluded.
Why file online instead of mailing?
The plan of allocation reduces mailed claims' recognized loss by the greater of $5 or 1%. Online claims (due 11:59 p.m. ET August 13, 2026) take no reduction.