[January 22, 2026]

Securities Fraud Investigation Into Telesat Corporation (TSAT) Announced - Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz

The Law Offices of Frank R. Cruz announces an investigation of Telesat Corporation ("Telesat " or the Company") (NASDAQ: TSAT) on behalf of investors concerning the Company's possible violations of federal securities laws.

IF YOU ARE AN INVESTOR WHO LOST MONEY ON TELESAT CORPORATION (TSAT), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURUING A CLAIM TO RECOVER YOUR LOSS.

What Is The Investigation About?

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 at $27.39 per share on January 21, 2026, thereby injuring investors.

Contact Us To Participate or Learn More:
If you purchased Telesat securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
The Law Offices of Frank R. Cruz,
2121 Avenue of the Stars, Suite 800,
Century City, California 90067
Call us at: 310-914-5007
Email us at: [email protected]
Visit our website at: www.frankcruzlaw.com.
Follow us for updates on Twitter at twitter.com/FRC_LAW.

If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260122981516/en/

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