NEW
YORK, Aug. 11, 2023 /PRNewswire/ -- Jakubowitz
Law announces that a securities fraud class action
lawsuit has commenced on behalf of shareholders of Live Nation
Entertainment, Inc. (NYSE: LYV).
To receive updates on the lawsuit, fill out the
form:
https://claimyourloss.com/securities/live-nation-class-action-loss-submission-form/?id=43327&from=4
The lawsuit seeks to recover losses for shareholders who
purchased Live Nation between February 23,
2022 and July 28, 2023.
Shareholders interested in acting as a lead plaintiff
representing the class of wronged shareholders have until
October 3, 2023 to petition
the court. Your ability to share in any recovery doesn't require
that you serve as a lead plaintiff.
According to a filed complaint, Live Nation Entertainment, Inc.
issued materially false and/or misleading statements and/or failed
to disclose that: (1) Live Nation engaged in anticompetitive
conduct, including charging high fees and extended contracts with
talent, and retaliated against venues; (2) as a result, Live Nation
was reasonably likely to incur regulatory scrutiny and face fines,
penalties, and reputational harm; and (3) as a result of the
foregoing, defendants' positive statements about the Company's
business, operations, and prospects were materially misleading
and/or lacked a reasonable basis.
Jakubowitz Law is vigorous in pursuit of justice for
shareholders who have been the victim of securities
fraud. Attorney advertising. Prior results do not
guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (628) 895-0423
F: (212) 537-5887
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content:https://www.prnewswire.com/news-releases/lyv-shareholder-alert-jakubowitz-law-reminds-live-nation-shareholders-of-a-lead-plaintiff-deadline-of-october-3-2023-301898487.html
SOURCE Jakubowitz Law