Investor Alert: Investigation into AirMedia Group Announced by Holzer & Holzer, LLC
June 19 2015 - 11:27AM
Business Wire
Holzer & Holzer, LLC is investigating whether AirMedia
Group, Inc. (“AirMedia” or the “Company”) (NASDAQ: AMCN) and/or
certain of its officers complied with the federal securities laws
when making public statements regarding the Company’s business and
prospects. On June 15, 2015, AirMedia announced entry into a
definitive agreement to sell 75 percent of its advertising business
for $344 million (RMB 2.1 billion). The price of its stock fell
dramatically following the announcement, which indicated a
previously announced potential deal with Shenzhen Liantronics Co.
was terminated.
If you purchased AMCN common stock between April 14, 2015 and
June 15, 2015 and lost money on that investment, you are encouraged
to contact Holzer & Holzer, LLC and its attorneys Corey D.
Holzer, Esq. via email at cholzer@holzerlaw.com, or Marshall P.
Dees, Esq. via email at mdees@holzerlaw.com, or via toll-free
telephone at (888) 508-6832, to discuss your legal rights.
Holzer & Holzer, LLC is an Atlanta, Georgia law firm that
dedicates its practice to vigorous representation of shareholders
and investors in litigation nationwide, including shareholder class
action and derivative litigation. More information about the firm
is available through its website, www.holzerlaw.com and upon
request from the firm. Holzer & Holzer, LLC has paid for the
dissemination of this promotional communication, and Corey D.
Holzer is the attorney responsible for its content.
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version on businesswire.com: http://www.businesswire.com/news/home/20150619005632/en/
Holzer & Holzer, LLCCorey D. Holzer, Esq., 888-508-6832
(toll-free)cholzer@holzerlaw.com
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