Levine Lee client Eros Media World, a global media and entertainment powerhouse and leading player in the Indian film industry, announced that the SEC has closed its investigation of Eros Media World into allegations of inflated revenues, improper related party transactions, and false and misleading financial disclosures. Eros Media World is a longstanding client of Levine Lee, which serves as the company’s lead litigation counsel and regular outside counsel. The firm has successfully represented Eros Media World in connection with attacks by short sellers, a securities class action, a Video Privacy Protection Act class action, various corporate governance matters, and the aforementioned SEC investigation. “We are most pleased to have these issues behind us,” noted Founder and Executive Director Kishore Lulla, adding, “We would like to thank our United States counsel for their brilliant legal representation and their extraordinary efforts on our behalf: Kenneth E. Lee of Levine Lee LLP.”
Kenneth E. Lee, Chad P. Albert, and Steven W. Kessler have represented Eros Media World.
For more information, see the following articles:
https://www.medianews4u.com/sec-clears-eros-media-world-of-accounting-allegations-investigation-concluded/