Deadline Monday Alert: The Schall Law Firm Reminds Investors of a Class Action Lawsuit on Behalf of Tencent Music Entertainment Group Shareholders and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
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Los Angeles - (NewMediaWire) - December 22, 2021 - The Schall Law Firm, a national shareholder rights litigation
firm, reminds investors of a class action lawsuit against Goldman Sachs Group
Inc. and Morgan Stanley on behalf of shareholders inTencent
Music Entertainment Group (“Tencent Music” or “the Company”) (NYSE: TME)for violations of the securities laws.
Investors who purchased the Company's securities
between March 22, 2021 and March 29, 2021, inclusive (the ''Class Period''),
are encouraged to contact the firm before December 27, 2021.
We also encourage you to contact Brian Schall of
the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067,
at 310-301-3335, to discuss your rights free of charge. You can also reach us
through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.
The class, in this case, has not yet been
certified, and until certification occurs, you are not represented by an
attorney. If you choose to take no action, you can remain an absent class
member.
According to the Complaint, Goldman Sachs
Group Inc. and Morgan Stanley sold a large number of Tencent Music shares while
in possession of material non-public information. The defendants knew that Archegos
Capital Management would need to fully liquidate its position in Tencent Music based
on margin call pressures. The defendants avoided billions in losses by selling
the Company’s shares while in possession of this information. When the market
learned the truth about Tencent Music, investors suffered damages.
(NewMediaWire) - December 22, 2021 - The Schall Law Firm, a national shareholder rights litigation
firm, reminds investors of a class action lawsuit against Goldman Sachs Group
Inc. and Morgan Stanley on behalf of shareholders in Tencent
Music Entertainment Group (“Tencent Music” or “the Company”) (NYSE: TME) for violations of the securities laws.
