Class action lawsuit filed against AMC for misleading APE investors over dividend exclusions

Bronstein, Gewirtz & Grossman, LLC has filed a class action lawsuit against AMC Entertainment Holdings and some officers, alleging violations of federal securities laws affecting investors who bought AMC Preferred Equity Units (APEs) between August 18, 2022, and November 1, 2023. The lawsuit claims AMC misled investors by not disclosing a technical loophole in the preferred stock terms that allowed AMC to exclude APE holders from receiving a special dividend after conversion to common stock. Investors who suffered losses during this period are encouraged to join the case by April 20, 2026, to seek damages. The law firm represents investors on a contingency fee basis, meaning no upfront cost unless they win a recovery.