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Jaramillo v. DISH Network Corporation et al
Case Number:
1:23-cv-00734
Court:
Nature of Suit:
Securities, Commodities, Exchange
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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March 21, 2025
Investors Fail To Show Dish Lied About 5G, Judge Says
A Colorado federal judge has permanently tossed a proposed investor class action claiming Dish Network lied about the success of its 5G network rollout, finding that while Dish may have been "overly ambitious" about its plans, that isn't enough to state a claim for securities fraud.
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May 06, 2024
Dish's 5G Roll-Out Enough For Scienter, Investors Say
Even though Dish Network is maintaining that shareholders' confidential witnesses "witnessed nothing," those shareholders are telling the federal judge overseeing their case that the satellite company's own statements support their claims that Dish hid its 5G network integration issues from them.
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April 01, 2024
Dish Says Investor Suit's 'Witnesses Witnessed Nothing'
Dish Network wants to dismiss a proposed shareholder class action accusing it of concealing its 5G network integration issues from investors, saying the court should ignore the testimonies of the suit's three confidential witnesses because they have no "basis of knowledge" of the company's inner workings.