Bronstein, Gewirtz & Grossman, LLC has filed a class action lawsuit against AMC Entertainment and its executives for alleged securities violations. The lawsuit claims AMC failed to disclose limitations on APE holders’ rights after conversion to common stock, specifically regarding special dividends. Investors who purchased APEs between August 18, 2022, and November 1, 2023, have until April 20, 2026, to apply to be lead plaintiffs.
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Class Action Filed Against AMC Entertainment for Securities Violations
Bronstein, Gewirtz & Grossman, LLC has filed a class action lawsuit against AMC Entertainment and its executives for alleged securities violations. The lawsuit claims AMC failed to disclose limitations on APE holders’ rights after conversion to common stock, specifically regarding special dividends. Investors who purchased APEs between August 18, 2022, and November 1, 2023, have until April 20, 2026, to apply to be lead plaintiffs.