BENSALEM, Pa.–(Zeest Media)–Law Offices of Howard G. Smith announces an investigation on behalf of Live Nation Entertainment, Inc. (“Live Nation” or the “Company”) (NYSE: LYV) investors concerning the Company’s possible violations of federal securities laws.
“the entertainment giant is abusing its power over the live music industry.”
On July 28, 2023, Politico reported that the Department of Justice (“DOJ”) “could file an antitrust lawsuit against concert promoter Live Nation Entertainment and its subsidiary Ticketmaster by the end of the year, according to three people with knowledge of the matter.” Politico further reported that the DOJ complaint is expected to allege that “the entertainment giant is abusing its power over the live music industry.”
On this news, Live Nation’s stock price fell $7.60, or 7.8%, to close at $89.33 per share on July 28, 2023, thereby injuring investors.
If you purchased Live Nation securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to email@example.com, or visit our website at www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.