SproutNews logo

The Klein Law Firm Reminds Investors of a Class Action Filed on Behalf of Grupo Televisa S.A.B. Shareholders and a Lead Plaintiff Deadline of May 4, 2018 (TV)

NEW YORK, NY / ACCESSWIRE / April 24,
2018 / The Klein Law Firm announces that a class action
complaint has been filed on behalf of shareholders of Grupo Televisa S.A.B.
(NYSE: TV) who purchased shares between April 11, 2013 and
January 25, 2018. The action, which was filed in the United
States District Court for the Southern District of New York, alleges that the
Company violated federal securities laws.

In particular, the complaint alleges
that throughout the Class Period, defendants made materially false and/or
misleading statements and/or failed to disclose that (1) Grupo Televisa
executives engaged in an unlawful bribery scheme involving Fédération
Internationale de Football Association (“FIFA”) executives; (2)
discovery of the foregoing conduct would likely subject Grupo Televisa to
heightened regulatory scrutiny; and (3) Grupo Televisa lacked effective
internal controls over financial reporting. When the true details entered the
market, the lawsuit claims that investors suffered damages.

Shareholders have until
May 4, 2018 to petition the court for lead
plaintiff status. Your ability to share in any recovery does not require that
you serve as lead plaintiff. You may choose to be an absent class
member.

If you suffered a loss during the class
period and wish to obtain additional information, please contact Joseph Klein,
Esq. by telephone at 212-616-4899 or visit http://www.kleinstocklaw.com/pslra-c/grupo-televisa-s-a-b?wire=1.

Joseph Klein, Esq. represents investors
and participates in securities litigations involving financial fraud throughout
the nation. Attorney advertising. Prior results do not guarantee similar
outcomes.

CONTACT:

Joseph Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com

SOURCE: The Klein
Law Firm

ReleaseID: 497261

Go Top