Live Nation Entertainment, Inc. Securities Lawsuit Investigation

Shamis & Gentile P.A., a law firm that advocates for investors who are victims of securities fraud, is investigating potential claims against Live Nation Entertainment, Inc. (LYV)

If you purchased or held Live Nation Entertainment securities and suffered losses, you may be eligible to join this securities investigation and seek compensation.

About Live Nation Entertainment

Live Nation Entertainment is a Delaware corporation that operates as a global leader in live entertainment. The company’s principal business segments include concerts, ticketing (primarily through Ticketmaster), and sponsorship and advertising.

Live Nation’s board of directors, consists of 11 members, including independent directors, the CEO, and representatives of its largest stockholder, Liberty Media.

What's being investigated

The current investigation centers on claims that Live Nation’s board and senior officers may have breached their fiduciary duties by allegedly failing to prevent or address practices that have led to significant regulatory scrutiny and potential harm to the company.

According to a complaint filed by the Federal Trade Commission and seven states on September 18, 2025, Live Nation and its subsidiary Ticketmaster are alleged to have knowingly allowed, and in some cases encouraged, ticket brokers to circumvent ticket purchase limits.

The complaint contends that this conduct enabled brokers to acquire thousands of tickets for single events, reselling them at substantial markups and generating significant fees for the company. The FTC also alleges that Live Nation engaged in deceptive pricing practices, including hidden fees and misleading representations to artists and consumers.

Investors and regulators are examining whether the board and officers had adequate systems to monitor these mission-critical risks, and whether they responded appropriately to red flags and regulatory warnings.

Key timeline

• January 28, 2020: U.S. Department of Justice extends and modifies Live Nation’s merger consent decree, citing alleged violations. Investors say this heightened board oversight obligations.
• May 23, 2024: DOJ files antitrust lawsuit in SDNY seeking breakup of Live Nation and Ticketmaster, alleging monopolization and exclusionary practices. Investors contend this signals ongoing regulatory risk.
• September 18, 2025: FTC and seven states file complaint in California federal court alleging Live Nation and Ticketmaster facilitated broker circumvention and deceptive pricing. Investors argue this raises questions about board oversight and internal controls.

Why investors may be concerned

Stockholders and analysts argue that the board and senior officers of Live Nation may have failed in their duty to implement and monitor effective compliance systems related to ticketing integrity, broker enforcement, and pricing transparency.

The FTC complaint alleges that company leadership was aware of, and in some instances encouraged, practices that allowed brokers to bypass controls and inflate resale activity, potentially increasing company revenues at the expense of consumers and artists.

Investors contend that such alleged conduct could implicate claims of oversight failure (so-called “Caremark” claims), especially given the company’s history of regulatory scrutiny and the board’s specific committee mandates to oversee legal and compliance risks.

Your Rights and Next Steps

This is an active investigation into potential breaches of fiduciary duty by the board and officers of Live Nation Entertainment. If you owned LYV shares during the relevant period and suffered losses, you may have the right to participate in a derivative action.

In such actions, shareholders seek to hold directors and officers accountable for alleged misconduct that harmed the company, including failure to monitor mission-critical risks or respond to regulatory red flags.

To pursue a derivative claim, a shareholder must generally have held stock continuously during the alleged misconduct and through the date of any lawsuit. Delaware law governs these claims, and procedural steps such as a demand on the board or a showing of “demand futility” may be required.

By joining the investigation, you help ensure that your interests as a shareholder are represented, and you may support efforts to improve corporate governance and seek monetary recovery for the company.

You May Be Entitled to Compensation

Securities investigations are time-sensitive. If you purchased or held Live Nation Entertainment (NYSE: LYV) during the proposed class period, and still hold some shares today, you can seek corporate reforms, the return of funds back to the Company, and a court approved incentive award at absolutely no cost to you.

To participate in potential actions, complete the form below to join the investigation.