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Hughes Communications Inc Stockholder Files Lawsuit To Block Buyout

  • If you purchased shares of Hughes Communications Inc. (NASDAQ: HUGH) prior to the announcement and continue to hold those HUGH shares, you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this case, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

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Lawsuit Overview

An investor in shares of Hughes Communications filed a lawsuit in State Court against Hughes’s Board of Directors for alleges breaches of fiduciary duties arising out of their attempt to sell Hughes Communications to EchoStar Corp. via an unfair process at an unfair price. On Monday, Feb 14, 2011, Hughes Communications, Inc. (NASDAQ: HUGH) and EchoStar Corporation (NASDAQ: SATS) had ...



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