In re Sinclair Broadcast Group, Inc. Securities Litigation

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Case overview

Case Number:

1:18-cv-02445

Court:

Maryland

Nature of Suit:

Securities/Commodities

Multi Party Litigation:

Class Action

Judge:

Catherine C. Blake

Firms

Companies

Sectors & Industries:

  1. July 20, 2020

    Sinclair Investors' Suit Dead Without Lead Plaintiff

    A Maryland federal judge said Monday that she won't revisit her order trimming most claims from a shareholder suit against Sinclair Broadcasting that was filed after the company's proposed $3.9 billion merger with Tribune Media went south.

  2. February 05, 2020

    Sinclair Can't Fully Shake Investor Claims Over Tribune Deal

    Sinclair Broadcast Group escaped most, but not all, of its shareholders' securities fraud claims arising from its failed $3.9 billion merger with Tribune Media on Tuesday, when a Maryland federal judge found all but two alleged misstatements to be insufficient.

  3. August 15, 2019

    Sinclair Tells Court It Didn't Lie About Tribune Deal's Chances

    Sinclair Broadcast Group Inc. pressed a Maryland federal court Wednesday to shut down a securities lawsuit centered on the company's failed $3.9 billion combination with Tribune Media Co., insisting that every statement Sinclair made to its investors was true when it was issued.

  4. May 06, 2019

    Sinclair Tells Court It Had No Motive To Kill $3.9B Tribune Deal

    Sinclair Broadcast Group Inc. said investors suing over the failed $3.9 billion Tribune Media deal can't prove that either Sinclair or its top brass had any intention of scuttling the transaction, so their securities suit can't stand.

  5. August 09, 2018

    Sinclair Investor Sues Over Withdrawn $3.9B Tribune Deal

    A Sinclair Broadcast Group Inc. investor filed a putative securities fraud class action against the company Thursday in Maryland federal court, claiming it and its top brass mangled the review process of a planned $3.9 billion acquisition of Tribune Media Co. by knowingly misleading the public about its divestitures.