SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of AMC Entertainment Holdings, Inc. - AMC
NEW YORK, June 1, 2015 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of AMC Entertainment Holdings, Inc. ("AMC" or the "Company") (NYSE MKT: AMC). Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 237.
The investigation concerns whether AMC and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
On June 1, 2015, the Company announced in an Securities and Exchange Commission (SEC) filing that, "[o]n May 28, 2015, AMC Entertainment Inc. (the "Company"), a wholly owned subsidiary of AMC Entertainment Holdings, Inc., received a Civil Investigative Demand ("CID") from the Antitrust Division of the United States Department of Justice in connection with an investigation under Sections 1 and 2 of the Sherman Antitrust Act. On May 29, 2015, the Company also received a CID from the Antitrust Section of the Office of Attorney General of the State of Ohio regarding a similar inquiry under Ohio's antitrust laws. The CIDs request the production of documents and answers to interrogatories concerning potentially anticompetitive conduct, including film clearances and participation in certain joint ventures."
On this news, shares of AMC fell $1.46 per share, to 27.45, or more than 5.05%, on June 1, 2015.
The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Florida, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 70 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.
CONTACT:
Robert S. Willoughby
Pomerantz LLP
[email protected]
SOURCE Pomerantz LLP
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