Orbcomm controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2009
IPO prospectus disclosure litigation
Orbcomm was sued over allegations that its 2006 IPO prospectus contained inaccurate material statements and failed to disclose weakening demand for its products. The matter was resolved in 2009 through an agreed payment of $2.45 million.