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Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have 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).
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.
If you purchased securities of Intelsat and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (email@example.com), or fill out the form on this page.
The case is James Hill, et al. v. Silver Lake Group, L.L.C., et al., 20-cv-02341.
Click here to read the first filed complaint.