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Beach Boys Guitarist David Marks Leads Class Action Lawsuit Against UMG
Marks accuses the company of underreporting international streaming revenue
Daniel Goldblatt | May 14, 2021 @ 10:45 AM
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David Marks, an early member of The Beach Boys, has filed a class action lawsuit against UMG Recordings in which he accuses the company of shorting its artists millions of dollars from international streaming revenue.
According to the lawsuit, filed in California federal court on Thursday, Marks says that UMG is “contractually required to pay artists a portion of the international revenue it receives from the exploitation of Plaintiff and Class Members’ artistic works from digital streaming.”
NOTICE OF EXTENSION OF CLAIM SUBMISSION DEADLINE
This notice affects all persons and entities who purchased or otherwise acquired publicly traded common stock of Helios and Matheson Analytics, Inc. during the period between August 15, 2017 and July 26, 2018, inclusive, and were damaged thereby (the Class ).
YOU ARE HEREBY NOTIFIED, that if you are a Class Member, to be eligible to share in the distribution of the Net Settlement Fund, you must submit a Claim Form
postmarked or submitted online no later than July 7, 2021. If you are a Class Member and do not timely submit a valid Claim Form, you will not be eligible to share in the distribution of the Net Settlement Fund, but you will nevertheless be bound by all judgments or orders entered by the Court relating to the Settlement, whether favorable or unfavorable.
PROPOSED SETTLEMENT; (II) SETTLEMENT FAIRNESS HEARING;
AND (III) MOTION FOR ATTORNEYS FEES AND LITIGATION EXPENSES
TO: All persons and entities who purchased or otherwise acquired publicly traded securities of YRC Worldwide Inc. ( YRC ) during the period from March 10, 2014, through December 14, 2018, inclusive (the Class Period ), and were damaged thereby (the Class ).
1
Please read this notice carefully. your rights will be affected by a class action lawsuit pending in this court.
YOU ARE HEREBY NOTIFIED, pursuant to Rule 23 of the Federal Rules of Civil Procedure and an Order of the United States District Court for the Northern District of New York (the Court ), that the above-captioned securities class action (the Action ) is pending in the Court.