Endeavor Group Investors Advised on Class Action Lawsuit
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 6 hours ago
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Source: Globenewswire
- Class Action Notice: The Portnoy Law Firm advises Endeavor Group (NYSE: EDR) investors of a class action lawsuit for those who purchased securities between January 15, 2025, and March 24, 2025, with a deadline of March 18, 2026, for filing a lead plaintiff motion to protect their legal rights.
- Allegations in Lawsuit: The lawsuit alleges that defendants orchestrated a scheme to depress minority bargaining power and shareholder value by rejecting a “majority of the minority” vote, locking in a $27.50 cash-out merger consideration, and disseminating misleading information statements, thereby harming public shareholders' interests.
- Legal Consultation Services: The Portnoy Law Firm offers complimentary case evaluations and encourages investors to contact attorney Lesley F. Portnoy via phone or email to discuss options for pursuing claims, demonstrating the firm's commitment to protecting investor rights.
- Historical Performance: The founding partner of the Portnoy Law Firm has recovered over $5.5 billion for aggrieved investors, indicating the firm's expertise, although past results do not guarantee similar outcomes in future cases.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
