Portnoy Law Firm Files AMC Investor Class Action Lawsuit

Reuters

13 hours ago

Portnoy Law Firm Files AMC Investor Class Action Lawsuit

A law firm has filed a proposed class action on behalf of AMC Entertainment Holdings investors who bought securities between Aug. 18, 2022 and Nov. 11, 2023. The suit alleges AMC made materially false and misleading statements by failing to disclose that provisions in the preferred stock certificate contained a technical loophole that could allow the company to exclude APE holders from certain distributions after conversion to common stock. Investors have until April 20, 2026 to seek appointment as lead plaintiff.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AMC Entertainment Holdings Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202602241613PRIMZONEFULLFEED9660562) on February 24, 2026, and is solely responsible for the information contained therein.

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The suit alleges AMC made materially false and misleading statements by failing to disclose that provisions in the preferred stock certificate contained a technical loophole that could allow the company to exclude APE holders from certain distributions after conversion to common stock. Investors have until April 20, 2026 to seek appointment as lead plaintiff.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AMC Entertainment Holdings Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. 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