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0.00229885057471259 0.00689655172413778 0.00229885057471259 0.00229885057471259 -0.0011494252873563 -0.0011494252873563 -0.00919540229885058 -0.0022988505747128
Stock impact report

AMC Entertainment Holdings, Inc. Provides Settlement Notice

AMC Entertainment Holdings, Inc. Class A (AMC) 
NASDAQ:AMEX Investor Relations: investor.amctheatres.com
Company Research Source: Business Wire
LEAWOOD, Kan.--(BUSINESS WIRE)--AMC Entertainment Holdings, Inc. (NYSE: AMC), today announced that a federal court in New York has issued an order preliminarily approving a proposed settlement reached by all parties to a civil action brought by plaintiffs Dennis J. Donoghue and Mark Rubenstein, each of whom are AMC shareholders, for AMC to recover so-called “short-swing” profits under Section 16(b) of the Securities Exchange Act of 1934 (the “Exchange Act”) alleged to have been realized by defendants Antara Capital Master Fund LP, Antara Capital Fund GP LLC, Antara Capital LP, Antara Capital GP LLC, and Himanshu Gulati (collectively, the “Antara Defendants”) in connection with their purchases and sales of AMC securities. AMC is party to the suit in name only, which was brought for the benefit of AMC.The court will hold a hearing on May 2, 2024 at 1:15 p.m. in Courtroom 12B at the Daniel Patrick Moynihan United States Courthouse, 500 Pearl Street, New York, New York to, among other Show less Read more
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