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INVESTIGATION ALERT: Edelson Lechtzin LLP Announces Investigation Of EchoStar Corporation (NASDAQ: SATS) and Encourages Investors with Substantial Losses or Witnesses with Relevant Information to Contact the Firm
GlobeNewswire News Room· 2025-05-30 21:48
Company Overview - EchoStar Corporation is a telecommunications company that specializes in satellite communications, video distribution, and wireless services, operating through brands such as Dish Network, Sling TV, and Boost Mobile [3]. Allegations and Investigation - Edelson Lechtzin LLP is investigating potential violations of federal securities laws involving EchoStar, stemming from allegations of providing misleading business information to investors [1]. - On May 12, 2025, The Wall Street Journal reported that the Federal Communications Commission (FCC) would investigate EchoStar's compliance with federal licensing requirements related to satellite spectrum usage and 5G networking [4]. - Following the FCC investigation report, EchoStar's stock price fell by $4.01 per share, representing a decline of 16.58%, closing at $20.18 per share on the same day [4].
Why EchoStar Plunged Today
The Motley Fool· 2025-05-30 20:34
Shares of EchoStar (SATS -11.78%) plunged 12.1% on Friday, after the company failed to make an interest payment on one of its senior notes secured by its wireless spectrum.The company is justifying missing the payment due to lingering uncertainty resulting from its current fight with the Federal Communications Commission over EchoStar's use -- or lack thereof -- of this key spectrum license.Investors never like to see a missed interest payment, as it brings up the specter of potential bankruptcy, but the si ...
Boost Mobile Rated No. 1 in 5G Coverage and 5G Availability Across Seven Major U.S. Cities
Prnewswire· 2025-05-22 12:04
Opensignal report confirms Boost Mobile's real-world 5G performance in major cities across the U.S.LITTLETON, Colo., May 22, 2025 /PRNewswire/ -- Boost Mobile is setting a new benchmark for 5G performance. According to an independent report from Opensignal – the leading global provider of independent insights into consumers' connectivity experiences – Boost Mobile rated #1 in 5G coverage and 5G availability in seven major U.S. cities.i With these achievements, Boost Mobile now provides a greater connectivit ...
EchoStar's Wireless Subscriber Growth Comes At A Cost, Says Analyst
Benzinga· 2025-05-21 18:49
JP Morgan analyst Sebastiano C Petti expressed views on EchoStar Corporation SATS earnings reported on May 9.The company reported a loss of 71 cents per share, missing the analyst consensus estimate of 69 cents loss and sales of $3.87 billion, in line with the Street view.The analyst notes that, during the earnings call, CEO Hamid Akhavan reiterated the company’s ambition to establish itself as a “leading provider of global direct-to-device connectivity,” leveraging its international S-band spectrum and dom ...
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of EchoStar Corporation - SATS
Prnewswire· 2025-05-20 13:00
NEW YORK, May 20, 2025 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of EchoStar Corporation ("EchoStar" or the "Company") (NASDAQ: SATS). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980. CONTACT: Danielle Peyton Pomerantz LLP [email protected] 646-581-9980 ext. 7980 The investigation concerns whether EchoStar and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. ...
ECHOSTAR ALERT: Bragar Eagel & Squire, P.C. is Investigating EchoStar Corporation on Behalf of EchoStar Stockholders and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-05-16 01:00
NEW YORK, May 15, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against EchoStar Corporation (“EchoStar” or the “Company”) (NASDAQ:SATS) on behalf of EchoStar stockholders. Our investigation concerns whether EchoStar has violated the federal securities laws and/or engaged in other unlawful business practices. Click here to participate in the action. On May 12, 2025, The Wall Street Journal reported that the Federa ...
Kirby McInerney LLP Announces Investigation of Claims Against EchoStar Corporation (SATS) on Behalf of Investors
GlobeNewswire News Room· 2025-05-14 22:00
Core Points - Kirby McInerney LLP is investigating potential claims against EchoStar Corporation regarding possible violations of federal securities laws and unlawful business practices [1] - The Federal Communications Commission is investigating EchoStar's compliance with federal requirements for building a nationwide 5G network, leading to a significant decline in EchoStar's share price [3] Investigation Details - The investigation by Kirby McInerney LLP focuses on whether EchoStar and its officers have engaged in unlawful business practices [1] - Shareholders who have purchased EchoStar securities are encouraged to contact the law firm for more information regarding their rights [4] Market Reaction - Following the news of the FCC investigation, EchoStar's stock price fell by $4.01, approximately 16%, from $24.19 on May 9, 2025, to $20.18 on May 12, 2025 [3]
Kirby McInerney LLP Announces Investigation of Claims Against EchoStar Corporation (SATS) on Behalf of Investors
Newsfilter· 2025-05-14 22:00
Core Viewpoint - EchoStar Corporation is under investigation by Kirby McInerney LLP for potential violations of federal securities laws and unlawful business practices [1][3] Investigation Details - The investigation was prompted by a report from The Wall Street Journal on May 12, 2025, indicating that the Federal Communications Commission (FCC) is looking into EchoStar's compliance with federal requirements for building a nationwide 5G network [3] - Following the news of the investigation, EchoStar's stock price fell by $4.01, representing a decline of approximately 16%, from $24.19 on May 9, 2025, to $20.18 on May 12, 2025 [3] Legal Firm Background - Kirby McInerney LLP is a New York-based law firm specializing in securities, antitrust, whistleblower, and consumer litigation, with a history of achieving recoveries totaling billions of dollars for shareholders in securities litigation [6]
Boost Mobile Welcomes the Slimmest Galaxy Yet to Its Smartphone Lineup: The Samsung Galaxy S25 Edge
Prnewswire· 2025-05-14 12:02
Core Insights - Boost Mobile is launching the Samsung Galaxy S25 Edge, which is described as the thinnest and lightest Galaxy smartphone to date, featuring advanced AI and camera capabilities [1][2] - The Galaxy S25 Edge is available for pre-order with special pricing for customers who sign up for the Infinite Access for Galaxy plan [2][3] - The device includes a 200MP camera and is designed for durability with a titanium frame and Corning® Gorilla® Glass Ceramic 2 protection [4][5] Pricing and Plans - Customers who pre-order the Galaxy S25 Edge between May 13 and May 29 can get the phone and the Infinite Access for Galaxy plan for $65 per month [2] - Starting May 30, customers who port their number to Boost Mobile can purchase the Galaxy S25 Edge for $549.99 with the Unlimited Premium plan [3] - Existing Boost Mobile customers can upgrade to the Galaxy S25 Edge for $699.99 with the Unlimited Premium plan [3] Product Features - The Galaxy S25 Edge features Galaxy AI, which enhances user experience through intelligent organization and image enhancements [4] - The camera capabilities include AI-powered Nightography for improved low-light photography [4] - The device is built to withstand everyday wear and tear while maintaining a sleek design [5] Company Commitment - Boost Mobile emphasizes its commitment to providing a superior mobile experience with the latest 5G smartphone offerings and reliable connectivity [6] - The company offers flexible and transparent plans starting at $25 per month for unlimited 5G service [7] - Boost Mobile operates a nationwide cloud-native O-RAN 5G network, ensuring fast speeds and coverage [7]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of EchoStar Corporation - SATS
GlobeNewswire News Room· 2025-05-13 19:20
NEW YORK, May 13, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of  EchoStar Corporation (“EchoStar” or the “Company”) (NASDAQ: SATS).  Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether EchoStar and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  [Click here for information about joining the class action] On May 12 ...