BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that it has continued its investigation on behalf of Tribune Media Company (“Tribune” or the “Company”) (NYSE: TRCO) investors concerning the Company and its officers’ possible violations of federal securities laws.
On July 26, 2018, after the market closed, the Wall Street Journal reported that the U.S. Department of Justice is investigating whether Tribune, Sinclair Broadcast Group, Inc., and other independent television station owners violated antitrust law by coordinating efforts when their ad sales teams communicated with each other about their performance, potentially leading to higher rates for TV commercials. On this news, Tribune’s stock price fell, thereby injuring investors.
If you purchased Tribune 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 firstname.lastname@example.org, or visit our website at www.howardsmithlaw.com.
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