An investigation on behalf of current long term investors in DISH Network Corporation (NASDAQ:DISH) shares over possible breaches of fiduciary duty by certain officers and directors was announced.
San Diego, CA -- (SBWIRE) -- 06/07/2023 -- An investigation was announced concerning potential breaches of fiduciary duties by certain directors of DISH Network Corporation.
Investors who are current long term investors in DISH Network Corporation (NASDAQ: DISH) shares, have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
The investigation by a law firm for investors in NASDAQ: DISH stocks follows a lawsuit filed against DISH Network Corporation over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: DISH stocks, concerns whether certain DISH Network Corporation directors are liable in connection with the allegations made in that lawsuit.
The plaintiff alleges that, the Defendants made false and/or misleading statements and/or failed to disclose that: the Company overstated its operational efficiency and maintained a deficient cybersecurity and information technology infrastructure, that as a result of the foregoing, the Company was unable to properly secure customer data, leaving it vulnerable to access by malicious third parties, that the foregoing cybersecurity deficiencies also both rendered Dish's operations susceptible to widespread service outages and hindered the Company's ability to respond to such outages, and that as a result, the Company's public statements were materially false and misleading at all relevant times.
Those who purchased shares of DISH Network Corporation (NASDAQ: DISH) have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
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92108 San Diego
About The Shareholders Foundation
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.