NEW
YORK, April 28, 2023 /PRNewswire/ -- Jakubowitz
Law announces that a securities fraud class action lawsuit has
commenced on behalf of shareholders of DISH Network Corporation
(NASDAQ: DISH).
To receive updates on the lawsuit, fill out the
form:
https://claimyourloss.com/securities/dish-network-class-action-loss-submission-form/?id=38581&from=4
The lawsuit seeks to recover losses for shareholders who
purchased Dish between February 22,
2021 and February 27, 2023.
Shareholders interested in acting as a lead plaintiff
representing the class of wronged shareholders have until
May 22, 2023 to petition the
court. Your ability to share in any recovery doesn't require that
you serve as a lead plaintiff.
According to a filed complaint, DISH Network Corporation issued
materially 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.
Jakubowitz Law is vigorous in pursuit of justice for
shareholders who have been the victim of securities fraud. Attorney
advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (628) 895-0423
F: (212) 537-5887
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SOURCE Jakubowitz Law