Lee Enterprises, Incorporated (NYSE: LEE) Investor Alert: Investigation over Possible Violations of Securities Laws
An investigation for investors in Lee Enterprises, Incorporated (NYSE: LEE) shares over potential securities laws violations by Lee Enterprises, Incorporated was announced.
An investigation was announced for investors of Lee Enterprises, Incorporated (NYSE: LEE) shares over potential securities laws violations by Lee Enterprises, Incorporated.
Investors who purchased shares of Lee Enterprises, Incorporated (NYSE: LEE), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Lee Enterprises, Incorporated (NYSE: LEE) concerning whether a series of statements by Lee Enterprises, Incorporated regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Davenport, IA based Lee Enterprises, Incorporated provides local news and information, and advertising services in the United States. Lee Enterprises, Incorporated reported that its Total Revenue declined from $780.96 million for the 12 months period that ended on September 30, 2022, to as low as $691.13 million for the 12 months period that ended on September 30, 2023, and that its Net Loss over those respective time period increased from $2.01 million to $5.26 million.
Lee Enterprises, Inc. (NASDAQ: LEE) is accused of sharing subscribers' personal video-viewing information with Facebook without consent. Certain subscribers brought a class action in a lawsuit in the Southern District of Iowa.
Shares of Lee Enterprises, Incorporated (NYSE: LEE) declined to as low as $7.56 per share on December 28, 2023.
Those who purchased shares of Lee Enterprises, Incorporated (NYSE: LEE) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
Media Relations Contact
Michael Daniels
Shareholders Foundation, Inc.
1-858-779-1554
http://www.ShareholdersFoundation.com
View this press release online at: http://rwire.com/1382509