LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Live Nation Entertainment, Inc. (“Live Nation” or ''the Company'') (NYSE: LYV) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company's shares between February 23, 2017 and March 30, 2018, inclusive (the ''Class Period''), are encouraged to contact the firm before June 18, 2018.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall, or Sherin Mahdavian, of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at firstname.lastname@example.org.
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, Live Nation made materially false and/or misleading statements during the class period and failed to disclose the following facts: The company did not act in accordance with the terms of a Department of Justice antitrust consent decree (the “Consent Decree”). Furthermore, Live Nation did not have acceptable internal controls in place to monitor adherence to the consent decree and prevent violations. Due to the failure to disclose this information, Live Nation’s statements, claims about the company’s business operations, and financial prospects were materially false and misleading throughout the class period. According to the lawsuit, when accurate information about Live Nation became apparent in the market, investors suffered damages.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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