#United States #Class Action #Los Angeles #Live Nation #Settlement

Notice of Class Action for Live Nation Entertainment

Date: June 9, 2025
Issued by: Glancy Prongay & Murray LLP and The Rosen Law Firm, P.A.

In an important class action announcement, the United States District Court for the Central District of California has approved a class action that affects all individuals and entities that purchased common stock of Live Nation Entertainment, Inc. between February 23, 2022 and May 22, 2024.

Overview of the Class Action

This class action has been initiated on behalf of investors who believe they may have been misled concerning the performance of Live Nation's stock during the designated period. Notably, the claimants are represented by lead plaintiffs Brian Donley and others situated similarly.

The court case number is 223-cv-06343-KK (ASx), under the jurisdiction of the Honorable Kenly Kiya Kato.

Proposed Settlement

The lead plaintiffs have successfully negotiated a proposed settlement of $20 million. If approved, this amount will resolve all claims outlined in the class action. The settlement reflects a significant effort to ensure that the rights of affected shareholders are acknowledged and compensated.

Key Settlement Dates:

• - A settlement fairness hearing is scheduled for August 28, 2025, at 10:00 AM. The hearing will take place at the United States District Court, Riverside, California.
• - Those wishing to be part of this settlement must complete a Claim Form postmarked by September 20, 2025.

Rights and Options for Class Members

All class members are advised to carefully read the notice as it contains crucial information about their rights regarding the settlement.

• - Filing a Claim: Eligible class members must submit the Claim Form to receive a distribution from the settlement fund. Failure to do so will result in being bound by the court's judgments and orders, despite not sharing in the settlement proceeds.
• - Exclusions and Objections: Class members can also choose to exclude themselves from the settlement, which must be done by August 7, 2025. Alternatively, objections to the settlement or the proposed plan of allocation must also be submitted by this date.

Additional Information

For more details, investors can download the full notice and Claim Form from the Claims Administrator's website: www.LiveNationSecuritiesSettlement.com.

You can contact the Claims Administrator at:

• - Mailing Address:

Live Nation Securities Litigation
c/o A.B. Data, Ltd.
P.O. Box 173080
Milwaukee, WI 53217
Phone Number: 1-877-411-5027

For inquiries about the action, the law firms representing the lead plaintiffs are:

• - Glancy Prongay & Murray LLP

Ex Kano S. Sams II, Esq.
Garth Spencer, Esq.
1925 Century Park East, Suite 2100
Los Angeles, CA 90067

• - The Rosen Law Firm, P.A.

Phillip Kim, Esq.
Joshua Baker, Esq.
101 Greenwood Avenue, Suite 440
Jenkintown, PA 19046

Conclusion

Both the proposed settlement and the specifics of the action illustrate the importance of corporate accountability and investor protection. Shareholders of Live Nation Entertainment during the specified time period are encouraged to familiarize themselves with these developments and take appropriate steps to safeguard their rights.