Fri. Dec 8th, 2023
Viasat Under Investigation for Potential Securities Fraud

Viasat, Inc. is currently under investigation for potential securities fraud. The Law Offices of Vincent Wong have initiated the investigation, looking into Viasat and certain officers and directors of the company.

The investigation stems from an unexpected event that occurred during reflector deployment on July 12, 2023, which could significantly impact the performance and capacity of the ViaSat-3 Americas satellite. Analysts have raised questions about Viasat’s inability to correct the antenna issue, noting a similar incident with the Company’s ViaSat-2 satellite in 2017.

In response to this news, Viasat’s stock price experienced a significant drop, falling by $12.24 per share, or approximately 28%, to close at $30.74 per share.

If you suffered a loss on your investment in Viasat, you are urged to contact the Law Offices of Vincent Wong to explore potential recovery options. There is no cost or obligation for this consultation.

It is important to note that any previous litigations involving financial fraud and shareholder rights have no bearing on the outcome of this case. Vincent Wong, an experienced attorney specializing in securities litigations, is handling this investigation.

For more information or to contact Vincent Wong, please find the details below:

Vincent Wong, Esq.
Law Offices of Vincent Wong
39 East Broadway, Suite 304
New York, NY 10002
Tel: 212.425.1140
E-Mail: [email protected]