SINCLAIR BROADCAST 24 HOUR DEADLINE ALERT: Approximately 24 Hours Remain; ClaimsFiler Reminds Investors with Losses in Excess of
$100,000 of Deadline in Class Action Lawsuit Against Sinclair Broadcast Group, Inc. - SBGI
ClaimsFiler, a FREE shareholder information service, reminds investors that they have only until October 9, 2018 to file
lead plaintiff applications in a securities class action lawsuit against Sinclair Broadcast Group, Inc. (NasdaqGS: SBGI). Investor
losses must relate to purchases of the Company’s shares between February 22, 2017 and July 19, 2018. This action is pending in the
United States District Court for the District of Maryland.
Get Help
Sinclair investors should visit us at
https://www.claimsfiler.com/cases/view-sinclair-broadcast-group-inc-securities-litigation or call toll-free (844) 367-9658.
Lawyers at Kahn Swick & Foti, LLC are available to discuss your legal options.
About the Lawsuit
On July 19, 2018, the FCC released its Order pertaining to Sinclair’s proposed merger with Tribune Media Company (which the
Company called the “largest acquisition” in its history), finding “a substantial and material question of fact as to whether
Sinclair affirmatively misrepresented or omitted material facts” regarding whether it had “attempted to skirt the Commission’s
broadcast ownership rules” through “proposed divestitures [that] were in fact ‘sham’ transactions.” On this news, the price of
Sinclair’s shares plummeted.
About ClaimsFiler
ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of
dollars from securities class action settlements. At ClaimsFiler.com, investors can: (1) register for free to gain access to
information and settlement websites for various securities class action cases so they can timely submit their own claims; (2)
upload their portfolio transactional data to be notified about relevant securities cases in which they may have a financial
interest; and (3) submit inquiries to the Kahn Swick & Foti, LLC law firm for free case evaluations.
To learn more about ClaimsFiler, visit
www.claimsfiler.com.
ClaimsFiler
Jerry Gallo, 844-367-9658
https://www.claimsfiler.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20181008005803/en/