Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Tribune Media Company (NYSE: TRCO) 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 Tribune Media Company (NYSE: TRCO) concerning whether a series of statements by Tribune Media Company regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On July 26, 2018, a report by the Wall Street Journal revealed that the U.S. Department of Justice is investigating whether Tribune, Sinclair Broadcast Group, Inc., and other independent television station owners had violated antitrust law by “coordinat[ing] efforts when their ad sales teams communicated with each other about their performance, potentially leading to higher rates for TV commercials”. 

Following this news, NYSE: TRCO fell over 1.65% to close at $33.07 per share on July 27, 2018.

Based in Chicago, Illinois, and founded in 1847 Tribune Media Company operates as a media and entertainment company in the United States.

If you purchased shares of Tribune Media Company (NYSE: TRCO) on or before July 26, 2018, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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