BENSALEM, Pa.–(BUSINESS WIRE)–Law Offices of Howard G. Smith announces an investigation on behalf of Telesat Corporation (“Telesat ” or the “Company”) (NASDAQ: TSAT) investors concerning the Company’s possible violations of federal securities laws.
IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN TELESAT CORPORATION (TSAT), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS.
Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at [email protected], by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com.
What Happened?
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.
Contact Us To Participate or Learn More:
If you purchased Telesat securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
Law Offices of Howard G. Smith,
3070 Bristol Pike, Suite 112,
Bensalem, Pennsylvania 19020,
Telephone: (215) 638-4847
Email: [email protected],
Visit our website at: www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Contacts
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
[email protected]
www.howardsmithlaw.com
