| Company: | Lions Gate Entertainment Corp, |
| Ticker Symbol: | LGF |
| Class Period: | Feb-11-13 to Mar-13-14 |
| Date Filed: | Aug-19-14 |
| Lead Plaintiff Deadline: | Oct-18-14 |
| Court: | Southern District of New York |
| Allegations: | |
The complaint alleges that Lions Gate and certain of its executives violated federal securities laws by failing to disclose and/or misrepresenting the existence of an SEC investigation, the prospect of legal proceedings associated with the alleged misconduct under investigation, and the exposure of the Company to loss in connection with said investigation and alleged misconduct. It is further alleged that the Company misled investors and/or failed to adequately disclose the nature of a series of transactions between the Company and investor Carl Icahn.
On March 13, 2014, the SEC issued an Order that described the investigation and noted that Lions Gate settled the investigation by, among other things, agreeing to pay $7.5 million in fines and acknowledging that it had violated federal securities laws.
If you acquired the securities of the defendants during the Class Period you may, no later than the Lead Plaintiff Deadline shown above, request that the Court appoint you as lead plaintiff through counsel of your choice. You may also choose to remain an absent class member. A lead plaintiff must meet certain requirements.
