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INVESTIGATION NOTICE: Robbins Geller Rudman & Dowd LLP Launches Investigation into EchoStar Corporation (SATS) and Encourages Investors with Substantial Losses or Witnesses with Relevant Information to Contact Law Firm
GlobeNewswire News Room· 2025-06-06 20:30
SAN DIEGO, June 06, 2025 (GLOBE NEWSWIRE) -- The law firm of Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving EchoStar Corporation (NASDAQ: SATS) focused on whether EchoStar and certain of its executives made false and/or misleading statements and/or failed to disclose material information to investors. If you have information that could assist in the EchoStar investigation or if you are an EchoStar investor who suffered a loss and would like t ...
Why EchoStar Stock Plummeted by Over 16% Today
The Motley Fool· 2025-05-12 22:49
It's almost never encouraging for an investor to learn of a federal government investigation into one of their companies. That was the news driving down telecom services provider EchoStar (SATS -16.70%) on Monday; the market shunned the stock, to the point where it closed the day more than 16% down in price. The S&P 500 (^GSPC 3.26%), meanwhile, had a banner day with a nearly 3.3% gain.Static on the lineEchoStar is the company that operates both the Boost Mobile budget telecom brand, and the Dish Network sa ...