|Company name||Tribune Media Company|
NEW YORK, August 2, 2018 – Bragar Eagel & Squire, P.C. is investigating potential claims against Tribune Media Company (NYSE: TRCO). Our investigation concerns whether Tribune has violated the federal securities laws and/or engaged in other unlawful business practices.
On July 26, 2018, The Wall Street Journal reported that the Department of Justice is investigating Tribune and other independent television station owners to determine if they violated antitrust laws by “coordinat[ing] efforts when their ad sales teams communicated with each other about their performance, potentially leading to higher rates for TV commercials[.]”
On this news, Tribune shares fell 1.65% on July 27, 2018, thereby injuring investors.
If you purchased or otherwise acquired Tribune shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at email@example.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.