Throughout the Class Period, defendants made materially false and misleading statements regarding the Company’s business, operations, and prospects. Specifically, 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;
- as a result of the foregoing, the Company was unable to properly secure customer data, leaving it vulnerable to access by malicious third parties;
- 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
- as a result, the Company’s public statements were materially false and misleading at all relevant times.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select 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.
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