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DISH.US
id: 634

DISH Network Corporation (DISH) Cybersecurity Case

D. Colorado
Court
22 Feb 2021
Class period Start
27 Feb 2023
Class period End
25 May 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
Lead Plaintiff Appointed
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
Lead Plaintiff Deadline
25 May 2023
Collecting participants…

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