Sony Group Corp (SONY)
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Sony Group Corp (“Sony” or “the Company”) (NYSE: SONY). Investors who purchased Sony securities are encouraged to obtain additional information and assist the investigation.
The investigation concerns whether Sony has violated federal securities laws.
On November 21, 2023, Reuters reported that the U.K.’s Competition Appeal Tribunal ruled that Sony must face a mass lawsuit worth up to 6.3 billion pounds over claims that the PlayStation maker allegedly abused its dominant position in the market by charging “excessive prices” to its customers. The lawsuit alleges that Sony required digital games and add-ons to be bought and sold only via its online PlayStation Store, charging developers and publishers a 30% commission. The claim also alleges customers have paid higher prices for games and add-on content than they would have. Following this news, Sony’s stock dropped sharply, thereby damaging investors.
If you are aware of any facts relating to this investigation or purchased Sony securities, you can assist this investigation. You can also contact Peretz Bronstein or his law clerk and client relations manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.
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