ATLANTA--(BUSINESS WIRE)--Holzer & Holzer, LLC is investigating whether Townsquare Media, Inc. (“Townsquare” or the “Company”) (NYSE: TSQ) complied with federal securities laws. In its June 9, 2020 SEC filing, the Company stated that impairment charges of $39.4 million and $69 million on FCC licenses and goodwill, respectively, were required. Additionally, Townsquare disclosed that it would have to restate some of its financial statements issued during the 2017-2019 fiscal years.
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