Live Nation Entertainment Inc.'s site is seen on a cellphone screen. Photo: Adobe Stock Live Nation, Board Members Hit With Securities Suit Over Taylor Swift Ticket Debacle
This complaint was first surfaced by Law.com Radar.
November 15, 2023 at 04:24 PM
3 minute read
Securities Litigation
A Live Nation shareholder's lawsuit alleges that the company and its board of directors breached their fiduciary duties and violated federal securities law with "materially false and misleading" statements before and after the Department of Justice opened an investigation into the company last November in the wake of its Taylor Swift "ticketing debacle" and alleged monopoly of the live entertainment industry.
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