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. ...

Core Viewpoint - EchoStar Corporation is under investigation for potential securities fraud and unlawful business practices, following a significant drop in its stock price due to regulatory scrutiny from the FCC regarding its compliance with federal requirements for building a nationwide 5G network [1][3]. Group 1: Investigation and Legal Context - Pomerantz LLP is investigating claims on behalf of EchoStar investors, focusing on possible securities fraud or other unlawful business practices by the company and its officers [1]. - The firm is recognized for its expertise in corporate, securities, and antitrust class litigation, having a long history of fighting for victims of securities fraud [4]. Group 2: Regulatory Scrutiny and Market Reaction - The FCC has initiated an investigation into EchoStar's compliance with federal requirements for its Boost Mobile subsidiary, which aims to establish a competitive wireless operation [3]. - Following the news of the FCC's investigation, EchoStar's stock price fell by $4.01, representing a 16.58% decrease, closing at $20.18 per share on May 12, 2025 [3].

Core Viewpoint - Horizon Technology Finance Corporation is under investigation for potential securities fraud and unlawful business practices following disappointing financial results [1][3]. Financial Performance - For the fourth quarter and full year ended December 31, 2024, Horizon reported total investment income of $23.5 million, which was below the consensus estimate of $26.1 million and represented a decline both year-over-year and from the previous quarter [3]. - The net asset value per share decreased to $8.43 from $9.06 in the previous quarter, attributed to "stressed investments" by the CEO [3]. Market Reaction - Following the announcement of the financial results, Horizon's stock price fell by $0.96 per share, or 9.95%, closing at $8.65 per share on March 5, 2025 [4].