Glancy Prongay & Murray LLP Commences Investigation on Behalf of Time, Inc. Investors (TIME)

Provided By Business Wire

Last update: Nov 28, 2017

Glancy Prongay & Murray LLP (“GPM”) announces an investigation on behalf of Time, Inc. (“Time” or the “Company”) (NYSE: TIME) investors concerning the Company and its officers’ possible violations of federal securities laws. To obtain information or aid in the investigation, please visit the Time investigation page on our website www.glancylaw.com/case/time-inc.

On May 10, 2017, Time issued a press release attributing a decline in its first quarter 2017 revenue, in part, to distractions caused by its efforts to sell the company. On this news, Time’s stock fell $2.15 per share or 14.2% to close at $12.95 on May 10, 2017, thereby injuring investors.

If you purchased Time securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to shareholders@glancylaw.com, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

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