An investigation for investors in NYSE:TSQ shares was announced concerning possible violations of securities laws by Townsquare Media Inc and certain of its directors and officers.
Investors who purchased shares of Townsquare Media Inc (NYSE:TSQ), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Townsquare Media Inc (NYSE:TSQ) concerning whether a series of statements by Townsquare Media Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Townsquare Media Inc reported that its annual Total Revenue rose from $373.89 million in 2014 to $516.87 milion in 2016 and that its Net Loss of $17.37 million in 2014 turned into a Net Income of $23.06 million in 2016. Shares of Townsquare Media Inc (NYSE:TSQ) grew from $7.83 per share in June 2016 to as high as $13.01 per share on March 17, 2017.
On April 13, 2017, NYSE:TSQ shares closed at $11.16 per share.
Those who purchased NYSE:TSQ shares 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