SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in Live Nation Entertainment, Inc. with Losses of $500,000 to Contact the Firm

Saturday, 05 August 2023 07:00 AM

Topic: 

Class Action

LOS ANGELES, CA / ACCESSWIRE / August 5, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Live Nation Entertainment, Inc. ("Live Nation" or "the Company") (NYSE: LYV) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

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Investors who purchased the Company's securities between February 23, 2022 and July 28, 2023, inclusive (the "Class Period"), are encouraged to contact the firm before October 3, 2023.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Live Nation is the subject of a report published by Politico on July 28, 2023. The report claims that the DOJ "could file an antitrust lawsuit against concert promoter Live Nation Entertainment and its subsidiary Ticketmaster by the end of the year, according to three people with knowledge of the matter." The report adds that the DOJ will allege that "the entertainment giant is abusing its power over the live music industry." Based on this news, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Live Nation, investors suffered damages.

Join the case to recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

The Schall Law Firm
Brian Schall, Esq.
310-301-3335
[email protected]
www.schallfirm.com

SOURCE: The Schall Law Firm