Core Viewpoint - EchoStar Corporation is under investigation by the Federal Communications Commission (FCC) for potential violations related to its compliance in building a nationwide 5G network, which has led to significant stock price declines and investor losses [3][4]. Group 1: Investigation and Compliance Issues - On May 12, 2025, it was reported that the FCC would investigate EchoStar's compliance with federal requirements for a nationwide 5G network, resulting in a stock price drop of $4.01, or 16.6%, closing at $20.18 per share [3]. - On May 30, 2025, EchoStar announced it would not make a cash interest payment of approximately $326 million to allow time for the FCC's response to its compliance investigation, causing the stock price to fall by $2.44, or 12.1%, to close at $17.73 per share [4]. Group 2: Legal Actions and Investor Communication - The Law Offices of Howard G. Smith are investigating on behalf of EchoStar investors regarding potential claims for recovering losses due to the company's stock price declines [1][2]. - Investors who suffered losses are encouraged to contact the Law Offices of Howard G. Smith for discussions about their legal rights and potential claims [2][5].
EchoStar Corporation (SATS) Investors Who Lost Money - Contact Law Offices of Howard G. Smith About Securities Fraud Investigation