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Stock impact report

Telesat Corporation Investigated by the Portnoy Law Firm

Telesat Corporation (TSAT) 
Company Research Source: GlobeNewswire
LOS ANGELES, Jan. 28, 2026 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Telesat Corporation, ("Telesat" or the "Company") (NASDAQ: TSAT) investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors.  Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: lesley@portnoylaw.com, to discuss their legal rights, or join the case via https://portnoylaw.com/telesat-corporation. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses. On January 21, 2026, bondholders filed a lawsuit against Telesat alleging that the Company is "indisputably insolvent" and unable to pay its debt, stating that the Company has “ignored its debtholders and audaciously attempted to transfer its crown jewel asset out of its creditors’ reach.” On this news, Telesat’s stock price fell $7.27, or 21%, to close Show less Read more
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