NEW YORK, Aug. 09, 2018 (GLOBE NEWSWIRE) -- Levi & Korsinsky announces it has commenced an investigation of
Sinclair Broadcast Group, Inc. (“Sinclair” or “the Company”) (NASDAQGS: SBGI) concerning possible violations of
federal securities laws.
On May 8, 2017, Sinclair announced it had entered into an agreement to acquire 100% of the issued and
outstanding shares of Tribune Media Company (NYSE: TRCO). On August 3, 2017, Sinclair filed a Form 8-K with the U.S. Securities and
Exchange Commission disclosing that the U.S. Department of Justice had requested additional information and documentary material
pertaining to the agreement. Then on August 9, 2018, Tribune Media Company said it had terminated the deal and was suing Sinclair
for breach of contract following the FCC’s determination that Sinclair failed to fully disclose material information about the
merger. To obtain additional information, go to:
http://www.zlk.com/pslra-d/sinclair-broadcast-group-inc
or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The
firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar
outcomes.
CONTACT:
Levi & Korsinsky, LLP
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
