SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Sinclair Broadcast Group, Inc. (SBGI)
NEW YORK, July 27, 2018 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Sinclair Broadcast Group, Inc. ("Sinclair" or the "Company") (NASDAQ: SBGI). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/sbgi.
The investigation concerns whether Sinclair and certain of its officers and/or directors have violated federal securities laws.
On July 26, 2018, post-market, the Wall Street Journal reported that the U.S. Department of Justice is investigating whether Sinclair, Tribune Media Company, and other independent television station owners had violated antitrust law by "coordinat[ing] efforts when their ad sales teams communicated with each other about their performance, potentially leading to higher rates for TV commercials". On this news, Sinclair's stock price fell sharply during intraday trading on July 27, 2018.
If you are aware of any facts relating to this investigation, or purchased Sinclair shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/sbgi. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | [email protected]
SOURCE Bronstein, Gewirtz & Grossman, LLC
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