TSAT Investors Have Opportunity to Join Telesat Corporation Fraud Investigation with the Schall Law Firm

LOS ANGELES–(BUSINESS WIRE)–$TSAT—The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Telesat Corporation (“Telesat” or “the Company”) (NASDAQ: TSAT) for violations of the securities laws.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Telesat is the subject of a lawsuit filed by its bondholders on January 21, 2026. The lawsuit claims the Company is “indisputably insolvent,” adding that it has “ignored its debtholders and audaciously attempted to transfer its crown jewel asset out of its creditors’ reach.” Based on this news, shares of Telesat fell by 21% on the same day.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at bschall@schallfirm.com.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

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

Contacts

The Schall Law Firm
Brian Schall, Esq.
310-301-3335
info@schallfirm.com
www.schallfirm.com