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SATS INVESTIGATION NOTICE: Investigation Launched into EchoStar Corporation, Attorneys Encourage Investors and Potential Witnesses to Contact Law Firm
Prnewswire· 2025-06-09 13:30
SAN DIEGO, June 9, 2025 /PRNewswire/ -- 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 to learn more, you can ...
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 ...
SATS INVESTIGATION ALERT: Investigation Launched into EchoStar Corporation, Attorneys Encourage Investors and Potential Witnesses to Contact Law Firm
Prnewswire· 2025-06-05 00:28
Company Overview - EchoStar Corporation, along with its subsidiaries, provides networking technologies and services [3] Investigation Details - Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving EchoStar, focusing on whether the company and its executives made false or misleading statements or failed to disclose material information to investors [1] - Investors who suffered losses or have information related to the investigation are encouraged to reach out to Robbins Geller [2] Recent Developments - On May 12, 2025, The Wall Street Journal reported that the FCC would investigate EchoStar's compliance with federal requirements for building a nationwide 5G network, leading to a stock price drop of over 16% [4] - On May 30, 2025, EchoStar announced it would not make a $326 million cash interest payment to allow time for FCC relief, resulting in an additional 12% decline in stock price [5] - On June 2, 2025, EchoStar disclosed it would not make approximately $183 million in cash interest payments due to uncertainty from the FCC review, causing a further stock price drop of more than 11% [6]