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Kirby McInerney LLP Announces Investigation of Claims Against EchoStar Corporation (SATS) on Behalf of Investors

1. Kirby McInerney LLP is investigating EchoStar for potential securities law violations. 2. The FCC is probing EchoStar's compliance with federal 5G network requirements. 3. EchoStar's stock dropped 16% following news of the investigation. 4. Concerns over legal issues may impact investor confidence in EchoStar. 5. Historical recoveries in securities litigation indicate significant financial risks.

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FAQ

Why Very Bearish?

The investigation raises severe red flags about compliance, leading to a significant stock drop. Historically, such legal probes often depress stock prices further, as seen with other tech firms facing similar scrutiny.

How important is it?

The investigation impacts investor sentiment and can affect EchoStar’s future revenue and compliance. Past legal issues in tech have led to market losses and recovery challenges.

Why Short Term?

Immediate investor reactions to legal investigations likely affect stock prices quickly. Past instances show that stock prices react adversely to ongoing investigations, especially in technology and telecommunications sectors.

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SATSTMUSVZTCSCO
NEW YORK, May 14, 2025 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP is investigating potential claims against EchoStar Corporation (“EchoStar” or the “Company”) (NASDAQ: SATS). The investigation concerns whether EchoStar and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices. [LEARN MORE ABOUT THE INVESTIGATION] On May 12, 2025, The Wall Street Journal reported that the Federal Communications Commission had notified EchoStar that it would be investigating EchoStar’s compliance with federal requirements to build a nationwide 5G network. On this news, the price of EchoStar shares declined by $4.01 per share, or approximately 16%, from $24.19 per share on May 9, 2025, to close at $20.18 on May 12, 2025. If you purchased or otherwise acquired EchoStar securities, have information, or would like to learn more about this investigation, contact Thomas W. Elrod of Kirby McInerney LLP by email at investigations@kmllp.com, or by filling out the form below to discuss your rights or interests with respect to these matters without any cost to you. [CONTACT US] Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. ContactsKirby McInerney LLPThomas W. Elrod, Esq.212-699-1180https://www.kmllp.cominvestigations@kmllp.com

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