UPCOMING DEADLINE: Levi & Korsinsky, LLP Notifies Shareholders of Starz of Class Action Lawsuit & a Lead Plaintiff Deadline o...
December 28 2015 - 10:19AM
Business Wire
The following statement is being issued by Levi & Korsinsky,
LLP:
To: All persons or entities who purchased or otherwise
acquired securities of Starz (“Starz”) (NASDAQGS: STRZA, STRZB)
between August 1, 2014 and October 29,
2015.
You are hereby notified that a class action lawsuit has
been commenced in the USDC for the Central District of California.
If you purchased or otherwise acquired Starz between August 1, 2014
and October 29, 2015, your rights may be affected by this action.
To get more information go to:
http://zlk.9nl.com/starz-strza
or contact Joseph E. Levi, Esq. either via email at
jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877)
363-5972. 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.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, California, Connecticut, and Washington D.C. The
firm’s attorneys have extensive expertise and experience
representing investors in securities litigation involving financial
fraud, and have recovered hundreds of millions of dollars for
aggrieved shareholders. Attorney advertising. Prior results do not
guarantee similar outcomes.
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version on businesswire.com: http://www.businesswire.com/news/home/20151228005234/en/
Levi & Korsinsky, LLPJoseph E. Levi, Esq.30 Broad Street -
24th FloorNew York, NY 10004Tel: 212-363-7500Toll Free:
877-363-5972Fax: 212-363-7171www.zlk.com
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