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NEW YORK, Nov. 30, 2015 (GLOBE NEWSWIRE) -- The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the USDC for the Central District of California on behalf of investors who purchased Starz (NASDAQ:STRZA) (NASDAQ:STRZB) securities between August 1, 2014 and October 29, 2015.
Click here to learn about the case: http://docs.wongesq.com/STRZB-Info-Request-Form-1006. There is no cost or obligation to you.
According to the complaint, defendants issued materially false and misleading statements to investors and/or failed to disclose that: (1) Starz lacked adequate internal controls; (2) according to a former Starz senior executive, Starz’s contract with Comcast Corporation was a result of illicit business practices; and (3) as a result, Starz’s public statements were materially false and misleading at all relevant times.
On October 29, 2015, Deadline Hollywood revealed that a lawsuit had been filed against Starz, CEO Christopher Albrecht, CRO Michael Thornton, and Liberty Media by the Company’s former Senior Vice President of Sales and Affiliate Marketing, Keno Thomas; the complaint alleges that defendants retaliated against Mr. Thomas for whistleblowing with regard to the Company’s affiliate carriage deals with Comcast and DirecTV and for refusing to participate in illegal behavior.
If you suffered a loss in Starz you have until January 8, 2016 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff. To obtain additional information, contact Vincent Wong, Esq. either via email [email protected], by telephone at 212.425.1140, or visit http://docs.wongesq.com/STRZB-Info-Request-Form-1006.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT: Vincent Wong, Esq. 39 East Broadway Suite 304 New York, NY 10002 Tel. 212.425.1140 Fax. 866.699.3880 E-Mail: [email protected]
