NEWTOWN, Pa., May 30, 2025 (GLOBE NEWSWIRE) — Edelson Lechtzin LLP is investigating potential violations of the federal securities laws involving EchoStar Corporation (“EchoStar”) (NASDAQ: SATS), resulting from allegations of providing potentially misleading business information to the investing public.
If you have non-public information that could assist in the EchoStar investigation, or if you are a EchoStar investor who suffered a loss and would like to learn more, you can provide your information HERE.
You can also contact attorney Eric Lechtzin of Edelson Lechtzin LLP by calling 844-563-5550 or via e-mail at [email protected].
THE COMPANY:
EchoStar is a telecommunications company specializing in satellite communications, video distribution, and wireless services. EchoStar offers its services through various brands, including Dish Network, Sling TV, and Boost Mobile.
THE ALLEGED WRONGDOING:
On May 12, 2025, The Wall Street Journal reported that the Federal Communications Commission would investigate EchoStar’s compliance with federal licensing requirements governing its satellite spectrum usage and 5G networking buildout.
Following this report, EchoStar’s stock price declined by $4.01 per share, or 16.58%, to close at $20.18 per share on May 12, 2025.
ABOUT EDELSON LECHTZIN LLP: Edelson Lechtzin LLP is a national class action law firm with offices in Pennsylvania and California. In addition to cases involving securities and investment fraud, our lawyers focus on class cases alleging violations of the federal antitrust laws, employee benefit plans under ERISA, wage theft, data security, and consumer fraud.
For more information, please contact:
Marc H. Edelson, Esq.
Eric Lechtzin, Esq.
EDELSON LECHTZIN LLP
411 S. State Street, Suite N-300
Newtown, PA 18940
Phone: 844-696-7492 or 215-867-2399 ext. 1
Email: [email protected]
Email: [email protected]
Web: www.edelson-law.com
This press release may be considered Attorney Advertising in some jurisdictions. No class has been certified in this case, so you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. Your ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Wall St Business News, Latest and Up-to-date Business Stories from Newsmakers of Tomorrow