A law firm is beginning an investigation of...
A law firm is beginning an investigation of Dish Network’s interest in LightSquared. Kahn Swick attorneys will focus the investigation on “whether Dish’s officers and/or directors breached their fiduciary duties to Dish’s shareholders or otherwise violated state or federal laws,”…
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the law firm said in a news release (http://bit.ly/16aNGkT). Dish Chairman Charlie Ergen made a $2.22 billion bid for the spectrum. A lawsuit filed by Harbinger Capital Partners against Ergen alleging a scheme to become LightSquared’s biggest lender is pending (CD Aug 26 p11). Dish had no comment.