GlobeNewswire Inc | Dec 8, 2020 10:16AM EST

December 08, 2020

WILMINGTON, Del., Dec. 08, 2020 (GLOBE NEWSWIRE) --

Rigrodsky & Long, P.A. announces that it is investigating Loral Space & Communications Inc. (Loral) (NASDAQ GS: LORL) regarding possible breaches of fiduciary duties and other violations of law related to Lorals agreement to merge with Telestat Canada and Telestat Partnership LP (Telestat Partnership). Under the terms of the agreement, shareholders of Loral will have the option to receive a number of units of Telestat Partnership LP or shares of Class A common stock of a newly-formed Canadian corporation.

To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-loral-space-communications-inc.

You may contact Seth D. Rigrodsky or Gina M. Serra cost and obligation free at (888) 969-4242 or info@rl-legal.com.

Rigrodsky & Long, P.A., with offices in Delaware and New York, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in securities fraud and corporate class actions nationwide.

Attorney advertising. Prior results do not guarantee a similar outcome.

CONTACT:

Rigrodsky & Long, P.A.Seth D. RigrodskyGina M. Serra(888) 969-4242 (Toll Free)(302) 295-5310Fax: (302) 654-7530info@rl-legal.com https://rl-legal.com