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topicnews · October 25, 2024

GETY INVESTIGATION ALERT: Johnson Fistel LLP

GETY INVESTIGATION ALERT: Johnson Fistel LLP

SAN DIEGO, Oct. 25, 2024 (GLOBE NEWSWIRE) — In a press release issued on Wednesday, October 23, 2024 by Johnson Fistel, LLP under the same heading, please note that the fourth paragraph refers to Friday, October 31st . Updated May 2024. The corrected publication follows:

Johnson Fistel, LLP (www.johnsonfistel.com), a shareholder rights law firm, announces that it is continuing to investigate whether certain directors and officers of Getty Images Holdings, Inc. (NYSE: GETY) have failed in their fiduciary duties to Getty Images and its injured shareholders.

What can I do? If you are a current shareholder of Getty Images, you may have legal claims that may be brought on behalf of the company against the company’s directors and officers. If you would like to discuss this release or your legal rights, please contact Senior Analyst Jim Baker (jimb@johnsonfistel.com) at 619-814-4471. If you send an email, please include a phone number.

If you continuously own Getty Images shares, you can click or copy and paste the following link into a browser to join:

What is this about? A former technology executive has pleaded guilty to a single count of fraud involving a scheme to artificially inflate the stock price of photo and video distributor Getty Images, federal officials said May 31, 2024.

Robert Scott Murray, who served as chief executive of networking equipment maker 3Com for several months in 2006, was indicted on securities fraud charges for allegedly attempting to manipulate the stock price of Seattle-based Getty. According to a Justice Department statement, as of April 2023, Murray owned about 300,000 shares of Getty Images Holding Inc., which alleged that the investor attempted to increase Getty’s stock to sell his position for a larger profit.

Johnson Fistel LLP’s investigation seeks to determine whether Getty Image’s officers or members of its board of directors harmed the company through breaches of their fiduciary duties or otherwise violating securities laws in connection with the above alleged conduct.

About Johnson Fistel, LLP: Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York, Georgia and Colorado. The firm represents retail and institutional investors in shareholder derivative and securities class actions. Further information about the firm and its lawyers can be found under Lawyer Advertising. Past results are no guarantee of future results. The services can be provided by lawyers in any of our offices.

Lawyer advertising.
Past results are no guarantee of future results.
The services can be provided by lawyers in any of our offices.

Johnson Fistel, LLP paid for the distribution of this advertisement and Frank J. Johnson is the attorney responsible for its contents.

Contact:
Johnson Fistula, LLP
501 W. Broadway, Suite 800, San Diego, CA 92101
James Baker, Investor Relations or Frank J. Johnson, Esq., (619) 814-4471
jimb@johnsonfistel.com or fjohnson@johnsonfistel.com