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CLASS ACTION UPDATE for TRCO, MGTI and GOOG: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders
CLASS ACTION UPDATE for TRCO, MGTI and GOOG: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders.
About this update from Mgt Capital Investments, Inc.
[{"type":"text","content":"\nNEW YORK, Nov. 01, 2018 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court and further details about the cases can be found at the links provided. There is no cost or obligation to you.\n Tribune Media Company (NYSE: TRCO)Class Period: November 29, 2017 - July 16, 2018Lead Plaintiff Deadline: November 13, 2018Join the action: https://www.zlk.com/pslra-1/tribune-media-company-loss-form?wire=3 Allegations: Tribune Media Company made materially false and/or misleading statements throughout the class period and/or failed to disclose that: (1) Sinclair Broadcasting Group, Inc., which had agreed to merge with Tribune, was refusing to divest itself of television stations in certain markets necessary in order to secure regulatory approval; and (2) Sinclair was taking the position that it was not legally or contractually obligated to complete the identified divestitures to ensure regulatory approval. To learn more about the Tribune Media Company class action contact [email protected]. MGT Capital Investments Inc. (OTCMKTS: MGTI)Class Period: October 9, 2015 - September 7, 2018Lead Plaintiff Deadline: November 27, 2018Join the action: https://www.zlk.com/pslra-1/mgt-capital-investments-inc-loss-form?wire=3 Allegations: MGT Capital Investments Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) Defendants were engaged in an illegal pump-and-dump scheme to artificially inflate MGT Capital’s stock price; (2) the \"Scheme Defendants\"--Defendants Ladd, Honig, Stetson, Brauser, O’Rourke, and Groussman--had a history of engaging in illegal conduct in connection with the purchase and sale of securities; (3) the Scheme Defendants were a “group”, pursuant to Section 13 of the Exchange Act; (4) the Scheme Defendants exercised control over the Company; (5) the Company’s acquisition of D-Vasive Inc. was part of Defendants’ illegal pump-and-dump scheme to artificially inflate MGT Capital’s stock price; (6) Defendants’ illicit scheme caused MGT Capital to make false and misleading statements, which would result in governmental and regulat...