SAN DIEGO--(BUSINESS WIRE)--Shareholder rights law firm Johnson & Weaver, LLP announced that a class action lawsuit was filed on behalf of purchasers of Starz (NASDAQ: STRZA) common stock during the period between August 1, 2014 and October 29, 2015 (the “Class Period”).
If you are a Starz shareholder and fit in one of the following categories, we encourage you to contact us:
1) Shareholders buying Starz shares during the Class Period (August 1, 2014 and October 29, 2015).
2) All Shareholders, continuously holding shares before August 1, 2014. As a long term shareholder, you may have standing to hold Starz harmless from the damage the officers and directors caused by making them personally responsible. You may also be able to assist in reforming the Company’s corporate governance.
The complaint charges Starz and certain of its officers and directors with violations of the Securities Exchange Act of 1934.
According to the complaint, all through the Class Period defendants issued materially false and misleading statements to investors and/or failed to disclose that: (1) Starz lacked adequate internal controls; (2) according to a former Starz senior executive, Starz’s contract with Comcast Corporation was a result of illicit business practices; and (3) as a result, Starz’s public statements were materially false and misleading at all relevant times. When the true details were revealed, investors suffered damages.
If you wish to serve as a lead plaintiff, you must move the Court no later than January 8, 2016.
If you purchased Starz shares during the Class Period, or if you are a long term shareholder and wish to discuss this action, please contact Jim Baker (firstname.lastname@example.org) by email or by phone at 619-814-4471.
About Johnson & Weaver, LLP:
Johnson & Weaver, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonandweaver.com. Attorney advertising. Past results do not guarantee future outcomes.