BENSALEM, Penn.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that it is investigating potential claims on behalf of investors of Starz (or the “Company”) (Nasdaq: STRZA; STRZB) concerning the Company’s and its officers’ possible violations of federal securities laws. Law Offices of Howard G. Smith is preparing a lawsuit to recover damages on behalf of injured Starz investors.
On October 29, 2015, Deadline Hollywood revealed that Starz's former Senior Vice President of Sales and Affiliate Marketing, Keno Thomas, filed a lawsuit against Starz, CEO Christopher Albrecht, CRO Michael Thornton, and Liberty Media Corp. The complaint alleges that Mr. Thomas was fired after he refused to fabricate subscriber and revenue information at the behest of Starz senior management.
On this news, STRZA shares fell $3.69 per share, or 9% to close at $33.51 on October 30, 2015, thereby injuring investors.
If you purchased Starz securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to email@example.com, or visit our website at http://www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.