Investors Have Until September 20, 2025 to Submit Claims for $20M Live Nation Settlement
A US court has set a deadline for claims in the $20 million Live Nation settlement, giving investors until September 20, 2025 to submit their claims and receive payment. The settlement stems from a lawsuit filed by shareholders against Live Nation, following allegations that the company abused its dominance in the live music industry.
According to a report by Politico, on July 28, 2023, the US Department of Justice (DOJ) was considering filing an antitrust lawsuit against Live Nation. The news caused the company’s stock to drop 7.8%, wiping out $1.75 billion in market value. This was not the first time the company faced scrutiny, as earlier on February 23, 2023, NPR reported that the Senate Judiciary Subcommittee had urged the DOJ to investigate Live Nation, prompting a 10.1% decline in the company’s stock.
The TradingView news report states that following these revelations, Live Nation was sued by shareholders and has agreed to settle by paying $20 million to investors. As reported, "On July 28, 2023, Politico reported that the DOJ could file an antitrust lawsuit against Live Nation, alleging the company abused its dominance in the live music industry."
The deadline for submitting claims is fast approaching, and investors who believe they are eligible for a payout must act quickly. According to the TradingView news report, "You can submit your claim and be notified of any further updates. More than 100 companies are currently paying out settlements. Connect your brokerage account to automatically check which ones you may have missed — or file manually for this case."
It is essential for investors to be aware of the deadline and take necessary steps to recover their losses. The TradingView news report provides a clear call to action, stating, "Investors have until September 20, 2025 to submit their claims and receive payment."
The case, filed in the C.D. California court (case number 2:23-cv-6343), highlights the importance of staying informed about ongoing lawsuits and settlement opportunities. Investors who believe they may be eligible for a payout should visit the TradingView news website for further information and updates.
In conclusion, the $20 million Live Nation settlement provides an opportunity for investors to recover their losses. However, with a deadline of September 20, 2025, time is of the essence. Investors are urged to submit their claims promptly and take advantage of this settlement opportunity. For more information, please refer to the original TradingView news report.
