NEW YORK, Sept. 14, 2023 (GLOBE NEWSWIRE) — Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, is investigating certain directors and officers of Live Nation Entertainment, Inc. (“Live Nation”) (NYSE: LYV) for breaching their fiduciary duties to Live Nation and its shareholders. If you are a Live Nation shareholder, you may contact attorney Joe Pettigrew for additional information toll-free at 844-818-6982, or jpettigrew@scott-scott.com.
Scott+Scott is investigating whether members of Live Nation’s board or directors or senior management failed to manage Live Nation in an acceptable manner, in breach of their fiduciary duties, and whether Live Nation and its shareholders have suffered damages as a result.
On November 15, 2022, major disruptions and customer complaints followed the planned public release of tickets to Taylor Swift’s upcoming tour, Eras, on the website of Live Nation’s subsidiary Ticketmaster. The U.S. Department of Justice (“DOJ”) and several state attorney generals have since announced investigations into Ticketmaster and Live Nation. On February 23, 2023, a U.S. Senate committee referred Live Nation and Ticketmaster to the DOJ for potential antitrust violations. On August 4, 2023, a securities class action suit was filed against Live Nation, claiming that Live Nation’s misstatements around its anticompetitive behavior had artificially inflated Live Nation’s stock price.
What You Can Do
If you are a Live Nation shareholder, you may have legal claims against Live Nation’s directors and officers. If you wish to discuss this investigation, or have questions about this notice or your legal rights, please contact attorney Joe Pettigrew toll-free at 844-818-6982 or jpettigrew@scott-scott.com.
About Scott+Scott
Scott+Scott has significant experience in prosecuting major securities, antitrust, and consumer rights actions throughout the United States. The firm represents pension funds, foundations, individuals, and other entities worldwide with offices in New York, London, Amsterdam, Connecticut, California, and Ohio.
Attorney Advertising
CONTACT:
Joe Pettigrew
Scott+Scott Attorneys at Law LLP
600 W. Broadway, Suite 3300, San Diego, CA 92101
844-818-6982
jpettigrew@scott-scott.com
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