The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Live Nation Entertainment, Inc. (“Live Nation” or “the Company”) (NYSE: LYV) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. The Wall Street Journal reported on December 13, 2019, that the DOJ is preparing to take legal action against Live Nation. The legal action is based on allegations that the Company strong-armed venues into using its Ticketmaster subsidiary. This would be a violation of the Company’s 2010 settlement as part of its merger with Ticketmaster. Based on this news, shares of Live Nation fell by 7.3% on the same day.
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, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, 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 brian@schallfirm.com.
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.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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