ANNOUNCEMENT FROM LIONS GATE ENTERTAINMENT CORP.: If so

NEW YORK, Oct. 1, 2024 (GLOBE NEWSWIRE) —

Why: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of Lions Gate Entertainment Corp. shareholders. (NYSE: LGF.A, LGF.B), arising from allegations that Lions Gate may have issued materially misleading business information to the investing public.

Now What: If you purchased Lions Gate securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. Rosen Law Firm is preparing a class action lawsuit to recover investor losses.

What to do next: To join the proposed class action, go to or call Phillip Kim, Esq. to. Call us toll-free at 866-767-3653 or email [email protected] for class action information.

What is this about: On August 27, 2024, Bloomberg published an article titled “Lions Gate Sued by Pension Fund Seeking to Block Starz Split.” It states: “[o]One of the largest pension funds in the world has Lions Gate Entertainment Corp. is suing to stop the film and television studio from separating its struggling cable and streaming service Starz through a blank check merger. Canada Pension Plan Investment Board [. . .] filed a lawsuit in New York on Tuesday alleging that Lions Gate breached obligations to investors in a $1 billion bond offering in 2021 to pave the way for the transfer of its profitable studio business to a special purpose acquisition company to level.”

On this news, Lions Gate’s Class A common stock fell 3.58% on August 27, 2024 and Lions Gate’s Class B common stock fell 3.5% on the same day.

Why Rosen Law: We encourage investors to select qualified advisors who have a track record of success in leadership roles. Companies issuing notices often do not have comparable experience, resources, or significant peer recognition. Many of these firms do not conduct securities class actions. Be smart when choosing your advisor. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest settlement ever in a securities class action lawsuit against a Chinese company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services in 2017 for number of securities class action settlements. The firm has been ranked in the top four every year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone, the company secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named a Titan of Plaintiffs’ Bar by law360. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

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Contact information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, PA
275 Madison Avenue, 40th floor
New York, NY 10016
Phone: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com