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 183 million in cash interest payments due to uncertainty from the FCC review, causing a further stock price drop of more than 11% [6]
SATS INVESTIGATION ALERT: Investigation Launched into EchoStar Corporation, Attorneys Encourage Investors and Potential Witnesses to Contact Law Firm