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Dave McGlade

Verdict in Intelsat ‘insider trading’ Class Action

Judge Jeffrey White of the US District Court in California’s Northern District has ruled his decision in the long-running Class Action alleging insider trading over the sale of Intelsat shares by certain shareholders including the then chairman Dave McGlade. The judge, on April 26th, dismissed various last-minute motions from the Lead Plaintiff and entered judgement […]

April 27, 2023By Chris Forrester

Intelsat Class Action gathers pace

The long-running Class Action inside trading allegations brought by some investors in Intelsat is coming to a head. The action centres on allegations that Dave McGlade, then chairman of Intelsat, in 2019, together with some major Intelsat stock-holders, sold significant portions of their holdings following a specific meeting between Intelsat and key officials at the […]

January 26, 2023By Chris Forrester