Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Live Nation Entertainment Inc (NYSE: LYV) violated securities laws in connection with certain financial statements.

The investigation seeks to discover if possible claims on behalf of purchasers of the securities of Live Nation Entertainment Inc (NYSE: LYV) concerning whether a series of statements by Live Nation Entertainment Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On December 13, 2019, a report by the Wall Street Journal claimed that the U.S. Department of Justice (“DOJ”) was preparing to take legal action against Live Nation based on allegations that the company sought to “strong-arm” concert venues into using its market-dominant Ticketmaster subsidiary. Such efforts would violate the terms of a settlement agreement that Live Nation and Ticketmaster reached with the government in 2010 as a condition of their merger. According to the agreement, the DOJ allowed the companies to combine, but required them to abide by conditions meant to preserve competition in the music and ticketing industries.

On this news, NYSE: LYV fell $5.09 or 7.3% to close at 64.34 on December 13, 2019.

Based in Beverly Hills, California, and founded in 2005 Live Nation Entertainment Inc operates as a live entertainment company. It operates through Concerts, Sponsorship & Advertising, and Ticketing segments.

If you purchased shares of Live Nation Entertainment Inc (NYSE: LYV) on or before December 13, 2019, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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