Lead Plaintiff Deadline is March 13, 2018

NEW YORK, Jan. 29, 2018 (GLOBE NEWSWIRE) -- Wolf Haldenstein Adler Freeman & Herz LLP announces that a federal securities class action lawsuit has been filed in the United States District Court for the Southern District of New York against AMC Entertainment, Inc. (“AMC” or the “Company”) (NYSE:AMC) on behalf of investors that acquired AMC securities in the February 8, 2017 Secondary Public Offering (“SPO”) or during the period from December 20, 2016 through August 1, 2017 (the “Class Period”), inclusive.

Investors who have incurred losses in AMC Entertainment, Inc. are urged to contact the firm immediately at classmember@whafh.com or (800) 575-0735 or (212) 545-4774. You may obtain additional information concerning the action on our website, www.whafh.com.

If you have incurred losses in the shares of AMC Entertainment, Inc. and would like to assist with the litigation process as a lead plaintiff, you may, no later than March 13, 2018, request that the Court appoint you lead plaintiff of the proposed class. Please contact Wolf Haldenstein to learn more about your rights as an investor in AMC Entertainment, Inc.

On November 30, 2016, AMC acquired Odeon and UCI Cinemas Holdings, and on December 21, 2016, AMC acquired Carmike Cinemas. Subsequently, on December 21, 2016, AMC filed a shelf Registration Statement with the Securities and Exchange Commission (SEC) to permit the Company to offer and sell AMC common shares. The filed Complaint alleges that throughout the Class Period, Defendants failed to disclose that Carmike’s operations had been performing poorly.

On August 1, 2017, after the close of regular trading, AMC announced worse-than-expected preliminary second quarter 2017 financial results due to a loss of market share that occurred during 2016 and the poor performance of the recently acquired Carmike theaters.

On this news, AMC stock fell from $20.80 to close at $15.20 on August 2, 2017), or more than 50% below the $31.50 per shares price at which the shares were sold in the Secondary Public Offering on February 7, 2017.

Wolf Haldenstein Adler Freeman & Herz LLP has extensive experience in the prosecution of securities class actions and derivative litigation in state and federal trial and appellate courts across the country. The firm has attorneys in various practice areas; and offices in New York, Chicago and San Diego. The reputation and expertise of this firm in shareholder and other class litigation has been repeatedly recognized by the courts, which have appointed it to major positions in complex securities multi-district and consolidated litigation.

If you wish to discuss this action or have any questions regarding your rights and interests in this case, please immediately contact Wolf Haldenstein by telephone at (800) 575-0735, via e-mail at classmember@whafh.com, or visit our website at www.whafh.com.

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Contact:

Wolf Haldenstein Adler Freeman & Herz LLP
Kevin Cooper, Esq.
Gregory Stone, Director of Case and Financial Analysis
Email: gstone@whafh.com, kcooper@whafh.com or classmember@whafh.com
Tel: (800) 575-0735 or (212) 545-4774

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