Live Nation Entertainment, Inc.(NYSE: LYV)
Hagens Berman Sobol Shapiro LLP alerts investors in Live Nation Entertainment, Inc.(NYSE: LYV) to the June 18, 2018 Lead Plaintiff deadline the securities class action pending in the U.S. District Court for the Central District of California.
If you purchased or otherwise acquired shares of LYV between February 23, 2017 and March 30, 2018 and suffered losses contact Hagens Berman Sobol Shapiro LLP. For more information, contact Reed Kathrein, who is leading the firm's investigation, by calling 510-725-3000 or emailing LYV@hbsslaw.com.
On April 1, 2018, the New York Times reported the Justice Department is investigating serious accusations against Live Nation Entertainment. A chief competitor reportedly has accused the Company with violating an agreement aimed to prevent the Company and Ticketmaster from monopolizing the market for musical performances.
This news drove the price of Live Nation Entertainment shares down $3.87, or about 10%, to close at $38.17 on April 2, 2018.
“We’re focused on investors’ losses, Defendants’ possible monopolistic behavior, and potential impacts on reported financial results,” said Hagens Berman partner Reed Kathrein.
Whistleblowers: Persons with non-public information regarding Live Nation Entertainment should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 510-725-3000 or email LYV@hbsslaw.com.
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