Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against EchoStar Corporation (SATS) and Encourages Shareholders to Learn More About the Investigation
NEW YORK CITY, NY / ACCESS Newswire / June 30, 2025 /Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of EchoStar Corporation ("EchoStar" or "the Company") (NASDAQ:SATS). Investors who purchased EchoStar securities are encouraged to obtain additional information and assist the investigation by visiting the firm 's site: bgandg.com/SATS.
Investigation Details
On May 12, 2025, The Wall Street Journal reported that the Federal Communications Commission had notified EchoStar that it would be investigating the Company 's compliance with federal requirements to build a nationwide 5G network. Following this news, EchoStar stock dropped, thereby damaging investors. 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.
What 's Next?
If you are aware of any facts relating to this investigation or purchased EchoStar securities, you can assist this investigation by visiting the firm 's site: bgandg.com/SATS. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660
There is No Cost to You
We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys ' fees, usually a percentage of the total recovery, only if we are successful.
Why Bronstein, Gewirtz & Grossman
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
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Contact
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Nathan Miller
332-239-2660 | info@bgandg.com
SOURCE:Bronstein, Gewirtz & Grossman, LLC
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