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Need Help? Call : (310) 914-5007
The Law Offices of Frank R. Cruz announces an investigation of Telesat Corporation (“Telesat ” or the Company”) (NASDAQ: TSAT) on behalf of investors concerning the Company’s possible violations of federal securities laws.
What Is The Investigation About?
On January 21, 2026, bondholders filed a lawsuit against Telesat alleging that the Company is “indisputably insolvent” and unable to pay its debt, stating that the Company has “ignored its debtholders and audaciously attempted to transfer its crown jewel asset out of its creditors’ reach.”
On this news, Telesat’s stock price fell $7.27, or 21%, to close at $27.39 per share on January 21, 2026, thereby injuring investors.
If you suffered a loss on your Telesat Corporation investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below. Please note that submission of this form does not by itself form an attorney-client relationship nor does filing out this form mean you have joined any lawsuit.
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