Live Nation Can’t Dismiss Shareholder Lawsuit Over ‘False and Misleading’ Earnings Reports, Judge Rules ...Middle East

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A U.S. District Court judge is allowing a shareholder lawsuit against Live Nation to move forward, denying the concert promotion giant’s motion to dismiss it in a decision handed down Friday (Feb. 27).   The case involves how much the company should have to disclose about ongoing public pressure from federal authorities and how much of its financial success it should attribute to its dominant market share in the concert industry — as opposed to demand for concert tickets or the strength of its business.   Shareholders Brian Donley and Gene Gress are suing Live Nation over drops in its share price from February 202

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