Dish Network Defeats Investors’ Appeal Over 5G Rollout Delay

A securities suit against Dish Network Corp. over 5G rollout delays was properly dismissed even though the district court analyzed only two company statements out of 19 targeted by investors, the Tenth Circuit said Tuesday.

The lower court’s analysis “was consistent with the manner in which both parties framed their arguments,” the US Court of Appeals for the Tenth Circuit said. On appeal, the investors didn’t “show, let alone argue, that the court picked the wrong statements” about network functionality and business customer growth, or explain why the two statements aren’t representative of the others, Judge Scott Matheson Jr. said ...