TOP RANKED ROSEN LAW FIRM Encourages Live Nation Entertainment, Inc. Investors with Losses to Inquire About Class Action Investigation - LYV - Yahoo Finance
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, 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."
source: https://finance.yahoo.com/news/top-ranked-rosen-law-firm-202600913.html
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.