Wolf Haldenstein Adler Freeman & Herz LLP announces that it is investigating TKO Group Holdings, Inc. for potential violations of fiduciary duty to shareholders
TKO Group Holdings, Inc. Class A (TKO)
Company Research
Source: GlobeNewswire
NEW YORK, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Wolf Haldenstein Adler Freeman & Herz LLP ("Wolf Haldenstein"), a preeminent national shareholder rights litigation firm, announces that it is investigating TKO Group Holdings, Inc. (NYSE: TKO) (“TKO” or the “Company”), its Board of Directors, and their controlling stockholder, for potential breaches of fiduciary duty. PLEASE CLICK HERE TO PROVIDE YOUR CONTACT INFORMATION TKO is controlled by Endeavor Group Holdings, Inc. (“Endeavor”), through its ownership of 53.6% of the total voting power of the Company’s voting stock. Endeavor has designated a majority of directors to the Company’s Board As a result of its control, Endeavor can influence TKO to engage in conflicted transactions and control the outcome of TKO’s corporate actionsthat typically would require shareholder approval. On October 24, 2024, TKO announced that it had entered into a transaction agreement with Endeavor Operating Company, LLC, a subsidiary of Endeavor,
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TKO
News
- The Schall Law Firm Urges Shareholder Participation In An Inquiry Into TKO Group Holdings, Inc. For Securities Law Violations Accesswire
- Wolf Haldenstein Adler Freeman & Herz LLP announces that it is investigating TKO Group Holdings, Inc. for potential violations of fiduciary duty to shareholdersPR Newswire
- TKO INVESTIGATION: Current TKO Group Holdings Shareholders are Notified to Contact BFA Law about Ongoing Investigation into Breaches of Fiduciary Duties (NYSE:TKO)GlobeNewswire
- TKO GROUP HOLDINGS Investigated by BFA Law after Acquisition Announcement; Contact the Firm if You are a Current ShareholderAccesswire
- Wolf Haldenstein Adler Freeman & Herz LLP Announces that it is Investigating TKO Group Holdings, Inc. for Potential Violations of Fiduciary Duty to ShareholdersAccesswire
TKO
Earnings
- 8/8/24 - Miss
TKO
Sec Filings
- 10/24/24 - Form 424B3
- 10/24/24 - Form 8-K
- 10/17/24 - Form SC
- TKO's page on the SEC website