Press release
Investigation announced for Investors who lost money with shares of Live Nation Entertainment, Inc. (NYSE: LYV) over possible Violations of Securities Laws
An investigation for investors in Live Nation Entertainment, Inc. (NYSE: LYV) shares over potential securities laws violations.
Investors who purchased shares of Live Nation Entertainment, Inc. (NYSE: LYV), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Live Nation Entertainment, Inc. (NYSE: LYV) concerning whether certain statements by Live Nation Entertainment, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On May 23, 2024, The Department of Justice (DOJ) filed a antitrust lawsuit in the U.S. District Court for the Southern District of New York accusing Ticketmaster and its parent company Live Nation Entertainment, Inc of allegedly illegally monopolizing the live entertainment industry to the detriment of concertgoers and artists alike. Federal officials allege that Live Nation Entertainment, Inc has allegedly illegally thwarted competition and unduly burdened consumers in part through its ownership of Ticketmaster, which effectively gives it control over much of the market for live entertainment. The Assistant Attorney General said in a statement that the "antitrust lawsuit seeks to break up the Live-Nation-Ticketmaster monopoly, which will restore competition to the benefit of fans and artists alike".
Shares of Live Nation Entertainment, Inc. (NYSE: LYV) declined from $102.84 per share on May 22, 2024, to $86.81 per share on June 14, 2024.
Those who purchased shares of Live Nation Entertainment, Inc. (NYSE: LYV) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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