BALA CYNWYD, PA / ACCESSWIRE / April 20, 2018 / Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of AMC Entertainment Holdings, Inc. ("AMC" or "the Company") (NYSE: AMC News) for possible breaches of fiduciary duty and other violations of federal and state law.
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A Class Action Complaint has alleged that AMC made materially false and misleading statements and/or failed to disclose issues associated with the Carmike acquisition. Specially, Carmike's operations had been experiencing underperformance due to a protracted period of underinvestment in its theaters and that AMC was able to retain only a very small number of Carmike's loyalty members after the acquisition. As a result, AMC shareholders suffered losses.
If you currently own shares of AMC stock purchased between December 20, 2016 and August 1, 2017 and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 510, Bala Cynwyd, PA 19004, by visiting http://www.brodskysmith.com/cases/amc-entertainment-holdings-inc-nyse-amc/, or calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.
SOURCE: Brodsky & Smith, LLC