Telesat Corporation (NASDAQ: TSAT)

This investigation is for anyone who acquired securities in Telesat Corporation (NASDAQ: TSAT) prior to January 21, 2026.

The Law Offices of Howard G. Smith believes that the Company and certain of its executives violated federal law. Specifically, the Law Offices of Howard G. Smith believes that the Company misled investors regarding its financial condition. More specifically, the Law Offices of Howard G. Smith believes that the Company misled investors by failing to inform investors that the Company is insolvent.

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, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Telesat Corporation (NASDAQ: TSAT) prior to January 21, 2026 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.