Join The Class Action Suit
Company: Loral Space & Communications Inc.
Kaskela Law LLC is investigating Loral Space & Communications Inc. (“Loral”) (NASDAQ: LORL) on behalf of the company’s current stockholders.
Recently, Loral announced that it had entered into an agreement with Public Sector Pension Investment Board (“PSP Investments”) and Telesat Canada (“Telesat”) to combine Loral and Telesat into a new Canadian public company (“New Telesat”). Upon closing of the proposed transaction, Loral stockholders will become stockholders of New Telesat.
The investigation is focused on whether Loral’s officers and/or directors have violated the securities laws or breached their fiduciary duties to stockholders in connection with the proposed transaction.
Loral stockholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.) at (484) 258 – 1585, or by completing the information form on this page, for additional information about this investigation and their legal rights and options.