Market Overview

INVESTOR REMINDER: Kessler Topaz Meltzer & Check, LLP Announces Deadline in Class Action Lawsuit Filed Against Live Nation Entertainment, Inc.


The law firm of Kessler Topaz Meltzer & Check, LLP reminds Live Nation
Entertainment, Inc. (NYSE:LYV) ("Live Nation") investors that a class
action lawsuit has been filed on behalf of purchasers of Live Nation
common stock between February 23, 2017 and March 30, 2018,
inclusive (the "Class Period").

REMINDER: Investors who purchased Live Nation securities during
the Class Period may, no later than June 18, 2018,
seek to be appointed as a lead plaintiff representative of the class.
For additional information or to learn how to participate in this action
please visit

According to the complaint, Live Nation produces live concerts and sells
tickets to those events over the internet. The company owns and operates
over 195 venues throughout the world. The company significantly expanded
its ticketing services with the purchase of Ticketmaster Entertainment
("Ticketmaster") in 2010. During the course of acquiring Ticketmaster,
Live Nation agreed to the terms of an antitrust consent decree (the
"Consent Decree") with the Department of Justice. The Consent Decree
contained specific rules to prevent the company from monopolizing live
music promotion and ticketing.

The Class Period commences on February 23, 2017, when Live Nation filed
its annual report on Form 10-K for the period ended December 31, 2016.
The company stated that, "we believe that we are materially in
compliance with [federal, state and local laws]...governing primary
ticketing and ticket resale services."

According to the complaint, on April 1, 2018, The New York Times
published a story entitled "Roster of Stars Lets Live Nation Flex Ticket
Muscles, Rivals Say." The article alleged that Live Nation failed to
abide by the terms of the Consent Decree aimed to prevent it and
Ticketmaster from monopolizing the market for live musical performances.

Following this news, Live Nation's stock price fell $3.97 per share, or
almost 10%, to close at $38.17 per share on April 2, 2018. The following
trading session, Live Nation stock continued its decline, dropping $1.56
per share, or over 4%, to close on April 3, 2018 at $36.61 per share.

The complaint alleges that, throughout the Class Period, the defendants
made false and/or misleading statements and/or failed to disclose that:
(1) that the company failed to abide by the terms of the Consent Decree;
(2) that the company lacked adequate internal controls to prevent a
violation of the Consent Decree; and (3) that, as a result of the
foregoing, the company's financial statements and the defendants'
statements about Live Nation's business, operations, and prospects, were
materially false and misleading at all relevant times.

Investors who wish to discuss this action and their legal options are
encouraged to contact Kessler Topaz Meltzer & Check, LLP (James Maro,
Jr., Esq. or Adrienne Bell, Esq.) at (888) 299-7706 or at

Live Nation investors may, no
later than June 18, 2018
, seek to be appointed as a lead
plaintiff representative of the class through Kessler Topaz Meltzer &
Check, or other counsel, or may choose to do nothing and remain an
absent class member. A lead plaintiff is a representative party who acts
on behalf of all class members in directing the litigation. In order to
be appointed as a lead plaintiff, the Court must determine that the
class member's claim is typical of the claims of other class members,
and that the class member will adequately represent the class in the
action. Your ability to share in any recovery is not affected by the
decision of whether or not to serve as a lead plaintiff.

Kessler Topaz Meltzer & Check prosecutes class actions in state and
federal courts throughout the country. Kessler Topaz Meltzer & Check is
a driving force behind corporate governance reform, and has recovered
billions of dollars on behalf of institutional and individual investors
from the United States and around the world. The firm represents
investors, consumers and whistleblowers (private citizens who report
fraudulent practices against the government and share in the recovery of
government dollars). The complaint in this action was not filed by
Kessler Topaz Meltzer & Check. For more information about Kessler Topaz
Meltzer & Check, please visit

View Comments and Join the Discussion!