TMCnet News

SBGI LOSS NOTICE: Rosen Law Firm Reminds Sinclair Broadcast Group, Inc. Investors of Important Deadline in Class Action - SBGI
[September 20, 2018]

SBGI LOSS NOTICE: Rosen Law Firm Reminds Sinclair Broadcast Group, Inc. Investors of Important Deadline in Class Action - SBGI


Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) from February 22, 2017 through July 19, 2018, inclusive (the "Class Period") of the important October 9, 2018 lead plaintiff deadline in the class action. The lawsuit seeks to recover damages for Sinclair investors under the federal securities laws.

To join the Sinclair class action, go to https://www.rosenlegal.com/cases-1383.html or call Phillip Kim, Esq. or Zachary Halper, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR'S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.

According to the lawsuit, defendants during the Class Period made materially false and/or misleading staements and/or failed to disclose that: (1) the Sinclair/Tribune Merger was not in compliance with FCC (News - Alert) rules and regulations; (2) Sinclair was not using its best efforts to eliminate any impediment to regulatory approval; (3) Sinclair was engaging in non-arm's length transactions with buyers connected to Sinclair's controlling shareholders in order to skirt FCC ownership rules; and (4) as a result, defendants' public statements were materially false and/or misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.



A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 9, 2018. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to https://www.rosenlegal.com/cases-1383.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. or Zachary Halper, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at [email protected] or [email protected].

Follow us for updates on LinkedIn (News - Alert): https://www.linkedin.com/company/the-rosen-law-firm or on Twitter (News - Alert): https://twitter.com/rosen_firm.


Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Attorney Advertising. Prior results do not guarantee a similar outcome.


[ Back To TMCnet.com's Homepage ]