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On the evening of March 5, 2024, Entravision disclosed that Meta (Facebook) intends to wind down its authorized sales partner program, and is ending its relationship with the company. Meta accounted for roughly half of Entravision’s revenue in 2023. Following this news, shares of Entravision Communications Corp. have dropped over 48% in premarket trading.
In order to be eligible to join the EVC class action lawsuit, you must have incurred a loss on shares of Entravision Communications Corporation purchased during the class period listed above.
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