INTELSAT 48 HOUR DEADLINE ALERT: ClaimsFiler Reminds Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuit Against Intelsat S.A. - I
June 06, 2020 at 22:50 PM EDT
ClaimsFiler, a FREE shareholder information service, reminds investors that they have only until June 8, 2020 to file lead plaintiff applications in a securities class action lawsuit against BC Partners (including individual partners Raymond Svider and Justin Bateman) and Silver Lake Group, L.L.C. (and its related entities) on behalf of purchasers of Intelsat S.A. (NYSE: I) securities between November 5, 2019 and November 18, 2019, inclusive (the “Class Period”). This action is pending in the United States District Court for the Northern District of California.
Intelsat investors should visit us at https://www.claimsfiler.com/cases/view-silver-lake-group-llc-intelsat-sa-securities-litigation or call toll-free (844) 367-9658. Lawyers at Kahn Swick & Foti, LLC are available to discuss your legal options.
About the Lawsuit
On November 18, 2019, the Federal Communications Commission announced that it would publicly auction the wavebands controlled by Intelsat for future “5G” use (the “C-Band”) that the Company had been hoping to sell privately.
On this news, the price of Intelsat’s shares plummeted.
The case is James Hill, et al. v. Silver Lake Group, L.L.C., et al., 20-cv-02341.
ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of dollars from securities class action settlements. At ClaimsFiler.com, investors can: (1) register for free to gain access to information and settlement websites for various securities class action cases so they can timely submit their own claims; (2) upload their portfolio transactional data to be notified about relevant securities cases in which they may have a financial interest; and (3) submit inquiries to the Kahn Swick & Foti, LLC law firm for free case evaluations.
To learn more about ClaimsFiler, visit www.claimsfiler.com.