LGF-A, LGF-B investors have the opportunity to participate in the fraud investigation of Lions Gate Entertainment Corp. with the law firm Schall

Schall Law Firm, a national law firm focused on shareholder rights litigation, announces that it is investigating claims alleging violations of the securities laws on behalf of investors of Lions Gate Entertainment Corp. (“Lions Gate” or “the Company”) (NYSE: LGF-A, LGF-B).

The investigation focuses on whether the company made false and/or misleading statements and/or failed to disclose information relevant to investors. Lions Gate is the subject of a Bloomberg article published on August 27, 2024, which reported on a lawsuit filed against the company by the Canada Pension Plan Investment Board. The lawsuit seeks to prevent the company from separating from Starz Cable and its streaming service through a SPAC merger. The lawsuit alleges the company breached its obligations to investors in a $1 billion bond offering scheduled for 2021. The lawsuit alleges the company engaged in a scheme to spin off its studio operations into a blank-check vehicle.