GPM Announces Filing Of Securities Class Action On Behalf Of Starz Investors; and Encourages Investors With Losses of $100,000 or Greater to Contact the Firm

LOS ANGELES--(BUSINESS WIRE)--

Glancy Prongay & Murray LLP ("GPM") announces the filing of a class action lawsuit United States District Court for the Central District of California, on behalf of investors of Starz ("Starz" or the "Company") STRZA STRZB who purchased shares between August 1, 2014 and October 29, 2015 inclusive (the "Class Period") and have been damaged by the recent declines in the Company's stock price.

On October 29, 2015, Deadline Hollywood revealed that Starz's former Senior Vice President of Sales and Affiliate Marketing, Keno Thomas, filed a lawsuit against Starz, CEO Christopher Albrecht, CRO Michael Thornton, and Liberty Media Corp. The complaint alleges that Mr. Thomas was fired after he refused to fabricate subscriber and revenue information at the behest of Starz senior management. On this news, STRZA shares fell $3.69 per share, or 9% to close at $33.51 on October 30, 2015, thereby injuring investors.

The complaint alleges 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.

Starz investors have until January 8, 2016 to file a lead plaintiff motion. If you have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to shareholders@glancylaw.com, or visit our website at http://www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

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