The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the United States District Court for the District of Colorado on behalf of investors who purchased DISH Network Corporation (NASDAQ: DISH) securities between February 22, 2021 and February 27, 2023.
According to the Dish lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) the Company overstated its operational efficiency and maintained deficient cybersecurity and information technology infrastructure; (ii) as a result of the foregoing, the Company was unable to properly secure customer data, leaving it vulnerable to access by malicious third parties; (iii) 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 (iv) as a result, the company’s public statements were materially false and misleading at all relevant times.
If you suffered a loss in Dish you have until May 22, 2023 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
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