Endeavor Hit With Securities Class Action Challenging $27.50 Take‑Private

Overview

• Multiple investor firms say a federal class action has been filed for holders who traded Endeavor Class A shares between January 15 and March 24, 2025.
• The complaint alleges the January 15, 2025 Information Statement misled shareholders by touting fairness while relying on a Centerview opinion effective as of March 2024.
• Plaintiffs claim the deal disadvantaged minority holders through controller written consent rather than a majority‑of‑the‑minority vote.
• The suit challenges a fixed $27.50 cash‑out with no collar or contingent value right and cites a de minimis dividend and insider rollovers that preserved upside for insiders.
• Filings also allege undisclosed executive earnings and advisor conflicts, with firms including Rosen, Portnoy, Bronstein Gewirtz & Grossman, Wolf Haldenstein, and Faruqi & Faruqi recruiting class members; no class has been certified.