BUSINESS: ROSEN, A TRUSTED & LEADING LAW FIRM, Encourages Live Nation Entertainment, Inc. Investors With Losses To Inquire About Class Action Investigation – LYV

dWeb.News Article from Daniel Webster dWeb.News

by Daniel Webster, dWeb.News Publisher

NEW YORK, Nov. 24, 2021 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Live Nation Entertainment, Inc. (NYSE: LYV) resulting from allegations that Live Nation may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Live Nation securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law firm is currently preparing a class action to recover investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to http://www.rosenlegal.com/cases-register-2198.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

WHAT IS THIS ABOUT: On November 5, 2021, the Astroworld tragedy occurred, resulting in at least 9 deaths, hundreds of injuries, and the hospitalization of 25 people. Live Nation promoted the event.

According to an Associated Press article entitled “Crowd surge kills at least 8 at Houston music festival,” the crowd at Astroworld “suddenly surged toward the stage during a performance by rapper Travis Scott, squeezing fans so tightly together that they could not breathe or move their arms and killing eight people in the chaos.” The article also noted that “[s]ome audience members said barricades erected near the stage and to separate different sections of ticket holders prevented fans from escaping.”

Since the tragedy, dozens of lawsuits have been filed against Live Nation, many of which allege that the concert organizers created conditions that caused the stampedes and failed to provide proper safety planning, security, and medical personnel. According to a Billboard article, “[e]xperts have told Billboard that the litigation over the deadly event – which left eight dead and scores more injured – could ultimately see hundreds of individual claims and that potential damages or settlements could reach hundreds of millions of dollars.”

On this news, the Company’s share price fell 5.7% on November 8, 2021, the next trading day after the tragedy.

WHYROSEN LAW We encourage investors to choose qualified counsel who have a track record in successful leadership roles. Notices are often issued by firms that lack comparable experience, resources or meaningful peer recognition. Choose wisely when selecting counsel. The Rosen Law Firm represents investors around the world, with a focus on shareholder derivative litigation and securities class actions. Rosen Law Firm achieved the largest securities class action settlement against any Chinese company. Rosen Law Firm was ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Lawdragon and Super Lawyers have recognized many of the firm’s lawyers.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Past results are not indicative of a similar outcome.

——————————-

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
Phillip Kim, Esq.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

For more dWeb.News Business News: https://dweb.news/news-sections/business-news/

The post BUSINESS: ROSEN, A TRUSTED & LEADING LAW FIRM, Encourages Live Nation Entertainment, Inc. Investors With Losses To Inquire About Class Action Investigation – LYV appeared first on dWeb.News dWeb.News from Daniel Webster Publisher dWeb.News – dWeb Local Tech News and Business News

dWeb.NewsRead More

Similar Posts