Class Action Lawsuit Filed Against AMC Entertainment Holdings, Inc. Over Preferred Equity Units
A class action lawsuit has been filed against AMC Entertainment Holdings, Inc. (NYSE: AMC; APE) by Pomerantz LLP, alleging securities fraud related to the treatment of AMC Preferred Equity Units (APEs). Investors who held APEs before their conversion to common stock in August 2023 were excluded from a special dividend, allegedly due to undisclosed constraints in the Certificate of Designations. The deadline for potential lead plaintiffs is April 20, 2026.
Topics: AMC Entertainment class action legal action preferred equity units securities fraud