PR Newswire | Dec 16, 2020 10:20PM EST

Swick & Foti, LLC Investigates Merger of Loral Space & Communications Inc. - LORL

12/16 21:20 CST

LORAL SPACE INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Merger of Loral Space & Communications Inc. - LORL NEW ORLEANS, Dec. 16, 2020

NEW ORLEANS, Dec. 16, 2020 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed merger of Loral Space & Communications Inc. (NasdaqGS: LORL) with Telesat Canada pursuant to which Loral shareholders not affiliated with the funds managed by MHR Fund Management LLC will end up owning just 26.1% of the combined company. KSF is seeking to determine whether the merger and the process that led to it are adequate, or whether the merger undervalues the Company.

If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn (lewis.kahn@ksfcounsel.com) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nasdaqgs-lorl/ to learn more.

To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.

Kahn Swick & Foti, LLC1100 Poydras St., Suite 3200New Orleans, LA 70163

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SOURCE Kahn Swick & Foti, LLC