Clear Channel Outdoor Holdings, Inc.

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Company Name	Clear Channel Outdoor Holdings, Inc.
Stock Symbol	CCO

On September 28, 2023, it was announced that Clear Channel agreed to pay over $26 million to resolve charges that it had violated the Foreign Corrupt Practices Act (“FCPA”) by bribing Chines government officials “to obtain contracts required to sell advertising services to public and private sector clients for display on public bus shelters and other outdoor displays.” Additionally, Clear Channel used “sham intermediaries and false invoices to generate cash for off-book ‘customer development’ consultants engaged to win advertising business from government and private customers,” and “failed to ensure that sufficient internal accounting controls were in place.”

On this news, Clear Channel’s stock price fell $0.05, or 3.1%, to close at $1.58 per share on September 29, 2023, thereby injuring investors.

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If you suffered a loss on your Clear Channel Outdoor Holdings, Inc. investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below. Please note that submission of this form does not by itself form an attorney-client relationship nor does filing out this form mean you have joined any lawsuit.

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