NEW YORK--(BUSINESS WIRE)--The Klein Law Firm announces the commencement of an investigation of Live Nation Entertainment, Inc. (NYSE:LYV) concerning possible violations of federal securities laws.
Shares of Live Nation fell after an April 1, 2018 New York Times report that the U.S. Department of Justice is investigating whether certain of Live Nation’s business practices are in violation of a consent decree negotiated in connection with the approval of Live Nation’s 2010 merger with Ticketmaster. The article reported that officials at the Department of Justice “have been reviewing complaints that Live Nation…has used its control over concert tours to pressure venues into contracting with its subsidiary, Ticketmaster.” Following this news, Live Nation’s share price fell from a close of $42.14 on March 29, 2018, to a close of $38.17 on April 2, 2018.
If you suffered a loss in Live Nation and wish to obtain additional information, please contact Joseph Klein, Esq. by telephone at 212-616-4899 or visit http://www.kkclasslaw.com/LYV-Info-Request-Form-291.
Joseph Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.