NEW YORK, NY / ACCESSWIRE / December 11, 2023 / Levi & Korsinsky notifies investors that it has commenced an investigation of Sony Group Corporation ("Sony") (NYSE:SONY) concerning possible violations of federal securities laws.
On November 21, 2023, Reuters reported that the U.K.'s Competition Appeal Tribunal ruled that Sony must face a mass lawsuit worth up to 6.3 billion pounds over claims that the PlayStation maker allegedly abused its dominant position in the market by charging "excessive prices" to its customers. The lawsuit alleges that Sony required digital games and add-ons to be bought and sold only via its online PlayStation Store, charging developers and publishers a 30% commission. The claim also alleges customers have paid higher prices for games and add-on content than they would have. Following this news, Sony's stock dropped sharply, damaging investors. To obtain additional information, go to:
https://zlk.com/pslra-1/sony-group-corporation-lawsuit-submission-form?prid=59398&wire=1
or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212)363-7500.
WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212)363-7500
Fax: (212)363-7171
https://zlk.com/
SOURCE: Levi & Korsinsky, LLP
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