SEC Alleges Texas Man Offered Virgin Sham $200M 'Lifeline' <https://www.law360.com/delaware/articles/1848867?nl_pk=8f2e5a76-bb66-462b-a05a-b234142584d6&utm_source=newsletter&utm_medium=email&utm_campaign=delaware&utm_content=2024-06-18&read_main=1&nlsidx=0&nlaidx=3>
By Gina Kim Securities regulators sued a venture capitalist and his investment firm in Texas federal court Monday, accusing the firm of making a bogus offer to invest $200 million into Virgin Orbit last year despite having less than $1 in its bank account and causing stock prices to swell before plummeting when the deal collapsed. Complaint attached | Read full article » <https://www.law360.com/delaware/articles/1848867?nl_pk=8f2e5a76-bb66-462b-a05a-b234142584d6&utm_source=newsletter&utm_medium=email&utm_campaign=delaware&utm_content=2024-06-18&read_more=1&nlsidx=0&nlaidx=3> | Save to favorites » <https://www.law360.com/delaware/articles/1848867?nl_pk=8f2e5a76-bb66-462b-a05a-b234142584d6&utm_source=newsletter&utm_medium=email&utm_campaign=delaware&utm_content=2024-06-18&read_later=1&nlsidx=0&nlaidx=3>
