San Diego, CA -- (SBWIRE) -- 11/13/2018 -- A deadline is coming up on November 13, 2018 in the lawsuit filed for certain investors in NYSE: TRCO shares over alleged securities laws violations by Tribune Media Company.

Investors who purchased shares of Tribune Media Company (NYSE: TRCO) have certain options and there are strict and short deadlines running. Deadline: November 13, 2018. NYSE: TRCO stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The plaintiff alleges on behalf of purchasers of Tribune Media Company (NYSE: TRCO) common shares between November 29,2017 and July 16, 2018, that the defendants violated Federal Securities Laws. The plaintiff claims that between November 29,2017 and July 16, 2018, the Defendants made materially false and misleading statements and omitted material adverse facts concerning the conduct of Sinclair Broadcast Group Inc. ("Sinclair") during the process of seeking regulatory approval necessary to complete a proposed merger between Tribune and Sinclair (the "Merger").

More specifically, the plaintiff alleges that while the Defendants frequently discussed the regulatory steps necessary to complete the Merger in public statements and presentations, including Sinclair's purported agreement to take certain actions to secure regulatory approval, the Defendants misstated or omitted the fact that Sinclair was refusing to divest itself of television stations in certain markets necessary in order to secure regulatory approval, and that Sinclair was taking the position that it was not legally or contractually obligated to complete the identified divestitures to ensure regulatory approval.

The plaintiff acclaims that as a result of the Defendants' allegedly false and misleading statements and omissions, Tribune common stock traded at artificially inflated prices between November 29,2017 and July 16, 2018 and such inflation was removed when it was revealed that the Merger had not received regulatory approval by the applicable deadline and would not close.

Those who purchased shares of Tribune Media Company (NYSE: TRCO) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.