EQUITY ALERT: Rosen Law Firm Encourages Live Nation Entertainment, Inc. Investors with Losses to Inquire About Class Action Investigation – LYV - Yahoo Finance

NEW YORK, November 08, 2021--(BUSINESS WIRE)--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 preparing a class action seeking recovery of 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 [email protected] or [email protected] for information on the class action.

WHAT IS THIS ABOUT: On November 5, 2021, the Astroworld tragedy occurred, injuring hundreds and resulting in the deaths of at least 8 people and the hospitalization of at least 25 people. Live Nation promoted the event.

According to an Associated Press article entitled "Crowd surge kills at least 8 at Houston music festival" "[t]he crowd at a Houston music festival 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 further noted that "[t]he pandemonium unfolded Friday evening at Astroworld, a sold-out, two-day event in NRG Park with an estimated 50,000 people in attendance. As a timer clicked down to the start of the performance, the crowd pushed forward." 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." Finally, the article stated that "[t]he police chief said authorities were investigating reports of suspicious activity in the crowd, including a security officer who told police that he felt a prick in his neck during the chaos and lost consciousness while being examined by first responders. He was revived by the opioid antidote Narcan."

source: https://finance.yahoo.com/news/equity-alert-rosen-law-firm-195600704.html

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