LOS ANGELES–(BUSINESS WIRE)–The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of EchoStar Corporation (“EchoStar” or “the Company”) (NASDAQ: SATS) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. EchoStar is the subject of a Wall Street Journal article published on May 12, 2025, reporting that the FCC notified EchoStar that the agency would be investigating the Company’s compliance with federal requirements to build a nationwide 5G network. The Company’s shared dropped 16.6% on this news. The Company then disclosed on May 30, 2025, that it “elected not to make an approximately $326 million cash interest payment” to “allow time for the FCC to provide the relief requested in [the Company’s] Response” to the agency’s compliance investigation. Based on this news, shares of EchoStar fell by 13.1% in intraday trading on the same day.
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We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at bschall@schallfirm.com.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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Contacts
The Schall Law Firm
Brian Schall, Esq.
310-301-3335
info@schallfirm.com
www.schallfirm.com
