DISH Network Corporation (DISH) Cybersecurity Case

D. Colorado

Court

1:23-cv-734

Case number

02/22/2021

Class period Start

02/27/2023

Class period End

05/25/2023

Lead Plaintiff motion deadline

DISH Network confirmed that it had “determined that the outage was due to a cyber-security incident".
$DISH price fell 6.48%, injuring investors.
Investors suspect $DISH of negligence, failing to provide proper cybersecurity
On February 28, 2023, DISH Network Corp. (DISH) confirmed that it had “determined that the outage was due to a cyber-security incident and notified appropriate law enforcement authorities,” adding that the “threat agent” behind the ransomware attack stole data from Dish’s compromised systems, potentially containing personal information.

On this news, the $DISH price fell 6.48%, injuring investors.

Earlier, on February 24, 2023, a widespread outage caused DISH websites and apps to cease functioning, subjected customers to authentication issues when signing into TV channel apps using their Dish credentials, and appeared to render the Company’s call center phone numbers unreachable.

Considering all the facts, Investors may have reasons to suspect $DISH of negligence and failure to provide proper cybersecurity which led to damages for clients and investors of the Company.

Case Status

Motion to dismiss

Alleged Offence

Mismanagement,

Misleading Statements,

Failure to Disclose,

Negligence,

Omissions

Suspected Party

Directors,

Management,

Service Provider

Security Type

Stocks

Trade Direction

Long

Shock Event Date

02/28/2023

Lead Plaintiff Deadline

05/25/2023

DISH Network Corporation (DISH) Cybersecurity Case

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