NEW YORK–(BUSINESS WIRE)–Entwistle & Cappucci LLP and Susman Godfrey L.L.P. today announced that they filed a Class Action Complaint (“Complaint”) against Endeavor Group Holdings, Inc. (“Endeavor”), certain of Endeavor’s directors, Silver Lake Group, L.L.C. (“Silver Lake”) and certain of its affiliates (collectively, “Defendants”) on behalf of a class (“Class”) consisting of all sellers of Endeavor Class A common stock from January 15, 2025 through March 24, 2025.
The action (“Action”) seeks to recover damages on behalf of investors that were damaged as a result of allegedly false and misleading statements and omissions of material facts in the January 15, 2025 Information Statement and subsequent amendment issued by Defendants, and related filings with the U.S. Securities and Exchange Commission. Among other things, the Complaint alleges the Information Statement and other solicitation materials misled investors regarding the true value of Endeavor’s shares, failed to adequately disclose the earnings of Endeavor’s executives under the terms of the Merger, and failed to disclose conflicts of interests with Endeavor’s special committee and financial advisor.
The Action was filed in the United States District Court for the Central District of California and is captioned: Altshares Event-Driven ETF v. Endeavor Group Holdings, Inc., No. 2:26-cv-00526. The Complaint asserts claims under Sections 10(b), 13(e) and 20(a) of the Exchange Act and SEC Rules 10b-5 and 13e-3 promulgated thereunder.
If you wish to serve as a lead plaintiff in this matter, you must file a motion with the Court no later than March 18, 2026. Any member of the proposed Class may move the Court to serve as a lead plaintiff through counsel of their choice, or they may choose to do nothing and remain a member of the Class.
If you wish to discuss this Action or have any questions concerning this notice or your rights or interests, please contact: Robert N. Cappucci, Esq. of Entwistle & Cappucci at (212) 894-7200 or via e-mail at [email protected] or Krysta Kauble Pachman, Esq. of Susman Godfrey at (310) 789-3100 or via email at [email protected].
About Entwistle & Cappucci
Entwistle & Cappucci is a national law firm providing exceptional legal representation to clients in the most complex and challenging legal matters. Our practice encompasses all areas of litigation, corporate transactions, bankruptcy, insurance, corporate investigations and white-collar defense. Our clients include public and private corporations, major hedge funds, public pension funds, governmental entities, leading institutional investors, domestic and foreign financial services companies, emerging business enterprises and individual entrepreneurs.
About Susman Godfrey
For 40 years, Susman Godfrey has focused its nationally recognized practice on just one thing: high-stakes commercial litigation. It is one of the nation’s leading law firms, with offices in Houston, Seattle, Los Angeles and New York. For more information, visit www.susmangodfrey.com.
Contacts
Entwistle & Cappucci LLP
www.entwistle-law.com
Robert N. Cappucci, Esq. ([email protected])
230 Park Avenue, 3rd Floor
New York, NY 10169
Telephone: (212) 894-7200
Susman Godfrey L.L.P.
https://www.susmangodfrey.com
Krysta Kauble Pachman, Esq. ([email protected])
1900 Avenue of the Stars, Suite 1400
Los Angeles, CA. 90067
Telephone: (310) 789-3100
