Rosen, A Globally Recognized Firm, Reminds Intelsat S.A. Investors of Important Deadline in Class Action – I

Rosen是一家全球公认的公司,它提醒Intelsat S.A.投资者集体行动的重要最后期限

2020/04/24 21:20  Business Wire

Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Intelsat S.A. (NYSE: I) between November 5, 2019 and November 18, 2019, inclusive (the "Class Period") of the important June 8, 2020 deadline in the class action. The lawsuit seeks to recover damages for Intelsat investors under the federal securities laws.

To join the Intelsat class action, go to http://www.rosenlegal.com/cases-register-1831.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR’S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.

According to the lawsuit, defendants violated provisions of the Exchange Act by selling a block of Intelsat shares while in possession of material non-public information, including that Intelsat had met with the Federal Communications Commission ("FCC") on November 5, 2019, to discuss the private sale of certain wavebands controlled by Intelsat for future "5G" use (the "C-Band") and that the FCC opposed Intelsat’s then-existing proposal, instead favoring a public auction rather than private sale of the C-Band. Then on November 18, 2019, after the FCC announced that it would publicly auction the C-Band that Intelsat had been hoping to sell privately, Intelsat’s share price declined 40% to close at $8.03 per share. When the true details entered the market, the lawsuit claims that investors suffered damages.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 8, 2020. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://www.rosenlegal.com/cases-register-1831.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or cases@rosenlegal.com .

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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has secured hundreds of millions of dollars for investors. Attorney Advertising. Prior results do not guarantee a similar outcome.

Rosen律师事务所是一家全球性的投资者权益律师事务所,它提醒购买者注意Intelsat S.A.的证券。(纽约证券交易所:一)2019年11月5日至2019年11月18日,包括2020年6月8日重要的集体诉讼截止日期(“班次”)。这起诉讼旨在根据联邦证券法为国际通信卫星组织的投资者寻求赔偿。

若要加入国际通信卫星组织的集体行动,请转到http://www.rosenlegal.com/cases-register-1831.html或打电话给菲利普·金,Esq。免费电话866-767-3653或电子邮件pkim@rosenlegal.com或Cases@rosenlegal.com获得集体诉讼信息。

在上述行动中,尚未有任何类别获得认证。除非你保留一门课程,否则除非你保留了一门课程,否则你不能由律师代理。你可以聘请你自己选择的律师。您也可能仍然是缺席的类成员,在这一点上什么也不做。投资者是否有能力分享任何潜在的未来复苏并不取决于担任首席原告。

根据诉讼,被告违反了“交易法”的规定,出售了一批国际通信卫星组织的股票,同时拥有非公开信息,包括国际通信卫星组织于2019年11月5日与联邦通信委员会(“FCC”)举行了会议,讨论私人出售由国际通信卫星组织控制的某些波段供未来“5G”使用(“C波段”)的问题,以及FCC反对通信卫星组织当时的现有提议,而不是赞成公开拍卖而不是私下出售C波段。然后在2019年11月18日,在FCC宣布公开拍卖国际通信卫星希望私下出售的C波段之后,国际通信卫星组织的股价下跌了40%,以每股8.03美元收盘。当真正的细节进入市场时,诉讼声称投资者受到了损害。

集体诉讼已经提出。如果你想担任首席原告,你必须在2020年6月8日之前向法院提出上诉。主要原告是代表其他阶级成员指导诉讼的代表方。如果你想参加诉讼,到http://www.rosenlegal.com/cases-register-1831.html或讨论你的权利或利益有关的集体诉讼,请联系菲利普金,埃斯克。罗森律师事务所免费电话866-767-3653,或通过电子邮件pkim@rosenlegal.com或case@rosenlegal.com。

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罗森律师事务所代表世界各地的投资者,其业务集中于证券集团诉讼和股东派生诉讼。国际空间站证券集团行动服务公司(ISS Securities Class Action Services)在2017年的证券集体诉讼和解数量中,罗森律师事务所排名第一。自2013年以来,该公司每年都进入前三名。罗森律师事务所为投资者筹集了数亿美元。律师广告。先前的结果不能保证类似的结果。

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