Sinclair Broadcast Group, Inc.
|Company Name||Sinclair Broadcast Group, Inc.|
|Class Period||February 22, 2017 to July 26, 2018|
|Lead Plaintiff Motion Deadline||August 09, 2018|
On July 26, 2018, the Wall Street Journal reported that the U.S. Department of Justice is investigating whether Sinclair and other independent television station owners violated antitrust law by coordinating efforts when their ad sales teams communicated with each other about their performance, potentially leading to higher rates for TV commercials. On this news, Sinclair’s stock price fell, thereby injuring investors.
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