A lawsuit was filed on behalf of investors in Live Nation Entertainment, Inc. (NYSE: LYV) shares over alleged securities laws violations.
San Diego, CA -- (SBWIRE) -- 05/02/2018 -- An investor, who purchased shares of Live Nation Entertainment, Inc. (NYSE: LYV), filed a lawsuit over alleged Securities Laws violations by Live Nation Entertainment, Inc. in connection with certain allegedly false and misleading statements made by Live Nation Entertainment, Inc.
Investors in shares of Live Nation Entertainment, Inc. (NYSE: LYV) should contact the Shareholders Foundation at email@example.com or call +1(858) 779 - 1554.
On April 1, 2018, it was reported that the U.S. Department of Justice is investigating whether Live Nation Entertainment, Inc. engaged in anticompetitive behavior in violation of U.S. antitrust laws.S hares of Live Nation Entertainment, Inc. (NYSE: LYV) declined to $35.94 per share on April 4, 2018.
The plaintiff claims that between February 23, 2017 and March 30, 2018, the Defendants failed to disclose that the Company failed to abide by the terms of a Department of Justice Consent Decree, that the Company lacked adequate internal controls to prevent a violation of the consent decree, and that, as a result of the foregoing, the Company's financial statements and Defendants' statements about Live Nation's business, operations, and prospects, were materially false and misleading at all relevant times.
Those who purchased shares of Live Nation Entertainment, Inc. (NYSE: LYV) have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North - Suite 423
92108 San Diego
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