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Fort Worth man offered $200M to buy Virgin Orbit. He had less than $1 in his bank account, SEC claims
FORT WORTH, Texas - The Securities and Exchange Commission is suing a Fort Worth native, claiming he submitted a ‘bogus offer’ of $200 million to buy a now-defunct aerospace company, according ...
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Virgin Orbit lays off 85% of its workforce to reduce expenses0 0
In a filing with the US Securities and Exchange Commission, Virgin Orbit has said it’s laying off 675 employees, which works out to about 85% of the total workforce. The decision was made after ...