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DISH.US
id: 634, Created by Stan Vick Chase, Scout

Join DISH Network Corporation (DISH) Cybersecurity Case to Fight Losses

  • 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.
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
28 February 2023
Class period Start
22 February 2021
Class period End
27 February 2023
Lead Plaintiff Deadline
25 May 2023
Court
District of Colorado
Collecting participants…
Created by Stan Vick Chase, Scout

DISH Network Corporation

DISH Network Corporation, together with its subsidiaries, provides pay-TV services in the United States. The company operates in two segments, Pay-TV and Wireless. It offers video services under th...

    Ticker
    DISH.US
    ISIN
    US25470M1099
    CIK
    1001082
    Sector
    Communication Services
    Industry
    Telecom Services
    Country
    USA
    Address
    9601 South Meridian Boulevard, Englewood, CO, United States, 80112