NEW YORK--(BUSINESS WIRE)--
The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the United States District Court for the Southern District of New York on behalf of investors who purchased AMC Entertainment Holdings, Inc. ("AMC") (NYSE: AMC) securities between December 20, 2016 and August 1, 2017.
Click here to learn about the case: http://www.wongesq.com/pslra-sbm/amc-entertainment-holdings-inc?wire=2. There is no cost or obligation to you.
The complaint alleges that, throughout the Class Period, defendants failed to disclose that (1) Carmike’s operations had been experiencing a prolonged period of financial underperformance due to a protracted period of underinvestment in its theaters; (2) Carmike had experienced a significant loss in market share when its loyal patrons migrated to competitors that had renovated and upgraded their theaters; (3) AMC was able to retain only a small number of Carmike’s loyalty program members after the Carmike acquisition; and (4) these issues were having a material adverse effect on Carmike’s operations and theater attendance.
If you suffered a loss in AMC you have until March 13, 2018 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff. To obtain additional information, contact Vincent Wong, Esq. either via email [email protected], by telephone at 212.425.1140, or visit http://www.wongesq.com/pslra-sbm/amc-entertainment-holdings-inc?wire=2.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
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