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SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of Townsquare Media, Inc. (NYSE: TSQ) and Encourages Long-Term Shareholders to Contact the Firm

1. Kaskela Law is investigating Townsquare Media for potential securities law violations. 2. TSQ shares have dropped over 41% from $12 to below $7 since May 2024. 3. The investigation centers on corporate actions and fiduciary duties of TSQ's leadership. 4. Shareholders are encouraged to seek legal counsel regarding their rights. 5. The firm specializes in securities fraud and corporate governance litigation.

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FAQ

Why Very Bearish?

The steep decline in TSQ's share price and legal investigation indicate severe investor concerns, reminiscent of other cases where stock prices plummeted before legal resolutions, such as the Enron scandal.

How important is it?

The investigation by Kaskela Law poses a significant risk to TSQ's stock value due to potential legal liabilities.

Why Short Term?

The immediate focus is on the ongoing investigation and price decline, which typically impacts stock sentiment swiftly, akin to other companies facing legal scrutiny.

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PHILADELPHIA, April 21, 2025 (GLOBE NEWSWIRE) -- The law firm of Kaskela Law LLC is investigating Townsquare Media, Inc. (NYSE: TSQ) on behalf of the company’s long-term investors. Click here for additional information: https://kaskelalaw.com/case/townsquare-media/ Since May 2024, shares of Townsquare Media’s common stock have declined in value from a trading price of over $12.00 per share to a current value of less than $7.00 per share, a decline of over 41% in value. The investigation seeks to determine whether Townsquare Media and/or the company’s officers and directors violated the securities laws or breached their fiduciary duties to investors in connection with recent corporate actions. Townsquare Media shareholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) for additional information about this investigation and their legal rights and options at (484) 229 – 0750, or by clicking on the following link (or by copying and pasting the link into your browser): https://kaskelalaw.com/case/townsquare-media/ Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation on a contingent basis. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com. CONTACT: KASKELA LAW LLC D. Seamus Kaskela, Esq.(skaskela@kaskelalaw.com)Adrienne Bell, Esq.(abell@kaskelalaw.com)18 Campus Blvd., Suite 100Newtown Square, PA 19073(888) 715 – 1740(484) 229 – 0750www.kaskelalaw.com This notice may constitute attorney advertising in certain jurisdictions.  

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