The Shareholders Foundation announces that an investigation on behalf of investors in shares of DISH Network Corp (NASDAQ:DISH) is ongoing concerning whether certain DISH Network officers and directors possibly breached their fiduciary duties in connection with certain statements.
Investors who purchased shares of DISH Network Corp (NASDAQ:DISH) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.
The investigation by a law firm concerns, among other things, whether certain DISH Network officers and directors breached their fiduciary duties and caused damage to the company and its shareholders by failing to implement adequate internal controls.
A Federal judge recently found Dish Network LLC liable for tens of millions of third-party telemarketing sales calls that could expose the company to billions of dollars in damages.
DISH Network Corp reported that its annual Total Revenue rose from over $13.07 billion in 2011 to over $13.9 billion in 2013 and that its respective Net Income declined from over $1.51 billion to $807.49 million.
Shares of DISH Network Corp (NASDAQ:DISH) grew from $22.24 per share in August 2011 to as high as $79.41 per share in November 2014.
On January 16, 2015, NASDAQ:DISH shares closed at $71.85 per share.
Those who purchased shares of DISH Network Corp have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com