SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of ViacomCBS Inc. - VIAC
ViacomCBS Inc. - Class B (VIAC)
Last viacomcbs inc. - class b earnings: 2/20 07:00 am
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Source: GlobeNewswire
NEW YORK, Dec. 07, 2021 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of ViacomCBS Inc. (“ViacomCBS” or the “Company”) (NASDAQ: VIAC). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980. The investigation concerns whether Goldman Sachs Group Inc. (“Goldman Sachs”) and/or Morgan Stanley and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] According to media reports, in March 2021, Goldman Sachs and Morgan Stanley confidentially learned that the family office Archegos Capital Management (“Archegos”) had failed or was likely to fail to meet a margin call, requiring Archegos to liquidate its position in ViacomCBS. Trading on this non-public information, Goldman Sachs and Morgan Stanley avoided billions of dollars in losses on their ViacomCBS investments by selling Compa
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