IRVINE, Calif.--(BUSINESS WIRE)--Khang & Khang LLP announces that it is investigating claims of potential misrepresentations by Starz (“Starz” or the “Company”) (NASDAQ: STRZA) (NASDAQ: STRZB). The investigation focuses on whether the Company and its officers violated securities laws by issuing misleading information to investors.
If you purchased shares of Starz during the Class Period, please contact Joon M. Khang, Esquire, of Khang & Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: 949-419-3834, or by email at joon@khanglaw.com.
There has been no class certification in this case. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.
On October 29, 2015, online magazine Deadline Hollywood claimed 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. The lawsuit alleges that Thomas “was ordered by Starz senior management, at the behest of Mr. Thornton, to fabricate revenue and subscriber information so that Mr. Thornton and Mr. Albrecht could present those falsified figures to Starz’s Board of Directors” and “Starz ultimately terminated Mr. Thomas for his whistleblowing, his refusal to participate in illegal activities[.]”
If you wish to learn more about this lawsuit, or if you have any questions concerning this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: 949-419-3834, or by email at joon@khanglaw.com.
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