AMC, Pension Fund Blast Investor Bids for APE-Related Documents

May 16, 2023, 9:44 PM UTC

AMC Entertainment Holdings Inc. and the pension fund leading litigation over its APE preferred units are fighting requests by retail investors for access to confidential files related to the company’s controversial stock conversion plan.

The two sides filed court briefs Tuesday opposing motions seeking internal AMC documents—produced under seal over the course of the case—by shareholders who say they’re weighing the merits of a nine-figure class action settlement to end the blockbuster legal battle.

AMC assailed the requests as an attempt to gain insider stock tips, calling the potential objections a pretext. The case record contains “thousands of pages of ...

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