Grupo Televisa. The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the United States District Court for the Southern District of New York on behalf of investors who purchased Grupo Televisa S.A.B. (NYSE: TV) securities between April 11, 2013 and January 25, 2018.
According to the TV lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Grupo Televisa executives engaged in an unlawful bribery scheme involving Fédération Internationale de Football Association (“FIFA”) executives; (2) discovery of the foregoing conduct would likely subject Grupo Televisa to heightened regulatory scrutiny; and (3) Grupo Televisa lacked effective internal controls over financial reporting. When the true details entered the market, the lawsuit claims that investors suffered damages.
“Grupo Televisa”
If you suffered a loss in Grupo Televisa S.A.B. you have until May 4, 2018 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.
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