LOS ANGELES, CA / ACCESSWIRE / September 19, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Lions Gate Entertainment Corp. ("Lions Gate" or "the Company") (NYSE:LGF-A)(NYSE:LGF-B) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Lions Gate is the subject of a Bloomberg article published on August 27, 2024, that reported on a lawsuit filed against the Company by the Canada Pension Plan Investment Board. The lawsuit’s purpose is to prevent the Company from separating from Starz cable and streaming service via a SPAC merger. The lawsuit alleges that the Company violated its obligations to investors in a $1 billion note issue from 2021. The lawsuit alleges that the Company engaged in a scheme for its studio business to be transferred to a blank-check vehicle.
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We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at bschall@schallfirm.com
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.
310-301-3335
info@schallfirm.com
www.schallfirm.com
SOURCE: The Schall Law Firm
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COMTEX_457922610/2457/2024-09-19T11:04:46