Endeavor Group Holdings, Inc. Class Action Lawsuit - EDR
Case Summary
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The Endeavor Group class action lawsuit seeks to represent sellers of Endeavor Group Holdings, Inc. (NYSE: EDR) Class A common stock between January 15, 2025 and March 24, 2025 (the “Class Period”), excluding those who exchanged their Class A common stock for $27.50 per share in take-private merger consideration. Captioned AltShares Event-Driven ETF v. Endeavor Group Holdings, Inc., No. 26-cv-00526 (C.D. Cal.), the Endeavor Group class action lawsuit charges Endeavor Group, Endeavor Group’s parent company, Silver Lake Group, L.L.C., and certain of Endeavor Group’s top executives and directors with violations of the Securities Exchange Act of 1934.
If you suffered substantial losses and wish to serve as lead plaintiff of the Endeavor Group class action lawsuit, please provide your information in the form on this page. You can also contact attorney J.C. Sanchez of Robbins Geller by calling 800/449-4900 or via e-mail at info@rgrdlaw.com. Lead plaintiff motions for the Endeavor Group class action lawsuit must be filed with the court no later than March 18, 2026.
CASE ALLEGATIONS: Endeavor Group is a global sports and entertainment conglomerate.
The Endeavor Group class action lawsuit alleges that defendants throughout the Class Period orchestrated a unified scheme to depress minority bargaining power and the value realizable by the unaffiliated public shareholders, while insiders captured future upside through rollovers and separate benefits. Defendants allegedly orchestrated this scheme by, among other things: (i) rejecting a “majority of the minority” vote on the merger and closing by controller written consent; (ii) locking-in a $27.50 cash-out merger consideration without any collar or contingent value right and offering only a de minimis dividend to shareholders that they shared with themselves; and (iii) disseminating a misleading Information Statement on January 15, 2025 that spoke in present tense about “fairness” and “best interests” to unaffiliated shareholders while relying on Centerview Partners, LLC’s fairness opinion with analysis frozen “as of” March 2024 and omitting material contemporaneous information needed to render those assertions not misleading.
THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who sold Endeavor Group Class A common stock during the Class Period excluding those who exchanged their Class A common stock for $27.50 per share in take-private merger consideration to seek appointment as lead plaintiff in the Endeavor Group class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the Endeavor Group investor class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Endeavor Group shareholder class action lawsuit. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Endeavor Group class action lawsuit.
ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world’s leading law firms representing investors in securities fraud and shareholder litigation. Our Firm has been ranked #1 in the ISS Securities Class Action Services rankings for four out of the last five years for securing the most monetary relief for investors. In 2024, we recovered over $2.5 billion for investors in securities-related class action cases – more than the next five law firms combined, according to ISS. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs’ firms in the world, and the Firm’s attorneys have obtained many of the largest securities class action recoveries in history, including the largest ever – $7.2 billion – in In re Enron Corp. Sec. Litig.