NEW YORK, NY / ACCESSWIRE / April 26, 2024 /
Live Nation Entertainment (NYSE:LYV)
Lifshitz Law PLLC announces investigation into possible securities laws violations and/or breaches of fiduciary duties in connection with allegations that the Company made false and/or misleading statements and/or failed to disclose that: (i) the Company had engaged in anticompetitive conduct, including charging high fees and extended contracts with talent, and retaliated against venues; (ii) as a result, the Company was reasonably likely to incur regulatory scrutiny and face fines, penalties, and reputational harm; and (iii) as a result of the foregoing, the Company's positive statements about its business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
If you are a LYV investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@lifshitzlaw.com.
The Estee Lauder Companies, Inc. (NYSE:EL)
Lifshitz Law PLLC announces investigation into possible securities laws violations and/or breaches of fiduciary duties in connection with allegations that the Company failed to disclose the risks faced related to the Company's market demand and inventory levels.
If you are an EL investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@lifshitzlaw.com.
Lyft, Inc. (NASDAQ:LYFT)
Lifshitz Law PLLC announces investigation into possible securities laws violations and/or breaches of fiduciary duties in connection with allegations that the Company made false and/or misleading statements and/or failed to disclose material information. Specifically, after the market closed on February 13, 2024, Lyft announced its financial results for the fourth quarter and full-year ended December 31, 2023. Lyft's press release reported that Lyft anticipated an "[a]djusted EBITDA margin expansion … of approximately 500 basis points year-over-year," when in fact Lyft only anticipated a 50 basis point expansion. Lyft common shares traded at inflated prices in the aftermarket on February 13, 2024 until the misstatement was corrected.
If you are a LYFT investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@lifshitzlaw.com.
Luna Innovations Incorporated (NASDAQ:LUNA)
Lifshitz Law PLLC announces investigation into possible securities laws violations and/or breaches of fiduciary duties in connection with allegations that the Company made misrepresentations and omissions related to: (i) Luna's financial statements included false figures as a result of improper revenue recognition; (ii) as a result, Luna would need to restate its previously filed financial statements from August 10, 2023 to November 14, 2023; (iii) Luna lacked adequate internal controls; and (iv) as a result, the Company's statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all times.
If you are a LUNA investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@lifshitzlaw.com.
ATTORNEY ADVERTISING.© 2024 Lifshitz Law PLLC. The law firm responsible for this advertisement is Lifshitz Law PLLC, 1190 Broadway, Hewlett, New York 11557, Tel: (516) 493-9780. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
Contact:
Joshua M. Lifshitz, Esq.
Lifshitz Law PLLC
Phone: 516-493-9780
Facsimile: 516-280-7376
Email:info@lifshitzlaw.com
SOURCE: Lifshitz Law Firm, P.C.
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