WILMINGTON, Del., Dec. 08, 2020 (GLOBE NEWSWIRE) --
Rigrodsky & Long, P.A. announces that it is investigating Loral Space & Communications Inc. (“Loral”) (NASDAQ GS: LORL) regarding possible breaches of fiduciary duties and other violations of law related to Loral’s agreement to merge with Telestat Canada and Telestat Partnership LP (“Telestat Partnership”). Under the terms of the agreement, shareholders of Loral will have the option to receive a number of units of Telestat Partnership LP or shares of Class A common stock of a newly-formed Canadian corporation.
To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-loral-space-communications-inc.
You may contact Seth D. Rigrodsky or Gina M. Serra cost and obligation free at (888) 969-4242 or [email protected].
Rigrodsky & Long, P.A., with offices in Delaware and New York, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in securities fraud and corporate class actions nationwide.
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CONTACT:
Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
(888) 969-4242 (Toll Free)
(302) 295-5310
Fax: (302) 654-7530
[email protected]
https://rl-legal.com
