NEW YORK, July 27, 2018 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of
Sinclair Broadcast Group, Inc. (“Sinclair” or the “Company”) (NASDAQ: SBGI). Such investors are advised to contact
Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 9980.
The investigation concerns whether Sinclair and certain of its officers and/or directors have engaged in
securities fraud or other unlawful business practices.
[Click here to join a class action]
On July 26, 2018, post-market, the Wall Street Journal reported that the U.S. Department of Justice is
investigating whether Sinclair, Tribune Media Company, and other independent television station owners had violated antitrust law
by “coordinat[ing] efforts when their ad sales teams communicated with each other about their performance, potentially leading to
higher rates for TV commercials”. On this news, Sinclair’s stock price fell sharply during intraday trading on July 27,
2018.
The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris, is acknowledged as one of the
premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz,
known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80
years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities
fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on
behalf of class members. See www.pomerantzlaw.com.
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 9980
