Portnoy Law Firm Announces Class Action On Behalf Of AMC Entertainment Holdings, Inc. Investors
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email:..., to discuss their legal rights, or join the case via . The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors' options for pursuing claims to recover their losses.
The complaint alleges that throughout the Class Period, the statements were materially false and misleading because the rights of APE holders were in fact constrained by the Certificate of Designations (“COD”) for AMC's preferred stock, which contained a highly-technical loophole allowing AMC to exclude APE holders from distributions occurring after conversion to common stock. The Complaint continues to allege that this loophole was subtle, non-obvious, and undisclosed in the FAQ or other public investor communications.
The Portnoy Law Firm represents investors in pursuing claims caused by corporate wrongdoing. The Firm's founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
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310-692-8883
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