IHRT Investor Alert: Levi & Korsinsky Notifies Investors of Investigation Into iHeartMedia, Inc. (IHRT)

NEW YORK CITY, NY / ACCESS Newswire / November 12, 2026 /iHeartMedia, Inc. (NASDAQ:IHRT) shares fell approximately 35% to 37% in after-hours trading following the Company 's third-quarter 2026 report, which disclosed consolidated Adjusted EBITDA of approximately $170 million, below the $180 million to $220 million guidance range previously provided in the Company 's August 10, 2026 SEC filing. If you lost money on IHRT in that decline, you are encouraged to act now to protect your potential recovery. Submit your IHRT loss details now. You may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.

The guidance is part of the public record. On August 10, 2026, iHeartMedia filed a Form 8-K with the SEC, furnishing its Q2 earnings release as Exhibit 99.1. The release projected Q3 2026 consolidated Adjusted EBITDA of $180 million to $220 million.

Actual Q3 Adjusted EBITDA was $170.5 million, approximately $9.5 million below the low end and $29.5 million (14.8%) below the $200 million midpoint. The guidance was issued roughly seven weeks before quarter-end.

The investigation centers on iHeartMedia 's SEC-filed statements to investors and whether they may involve potential securities law violations.

Investors who suffered losses on iHeartMedia stock should request a free review of their IHRT losses or call (212) 363-7500.

WHY LEVI & KORSINSKY -- Ranked in ISS Securities Class Action Services ' Top 50 Report for seven consecutive years, Levi & Korsinsky, LLP is a nationally recognized leader in shareholder rights litigation. With a team of over 70 professionals, the firm has recovered billions of dollars for investors.

Frequently Asked Questions About the IHRT Investigation

Q: Who is eligible to participate in the IHRT investigation? A: Investors who purchased IHRT stock or securities and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses -- not on whether you still hold the shares.

Q: How much did IHRT stock drop? A: Shares fell approximately 35% to 37% in after-hours trading. The decline followed the Company 's report of third-quarter 2026 Adjusted EBITDA of approximately $170 million, below its previously disclosed guidance range of $180 million to $220 million. Investors who purchased shares at allegedly inflated prices and suffered losses may be eligible to seek compensation.

Q: Which statements are being investigated as potentially misleading? A: The investigation concerns whether iHeartMedia made materially false or misleading statements regarding its adjusted EBITDA guidance. This includes the Q3 2026 range of $180 million to $220 million set out in its August 10, 2026 Form 8-K. When the Company disclosed third-quarter adjusted EBITDA of approximately $170 million, the stock price declined sharply.

Q: What do IHRT investors need to do right now? A: Investors may gather brokerage records showing purchase dates, share quantities, and prices paid. Submit your information for a no-cost, no-obligation evaluation of your potential recovery. No immediate action is required to remain eligible to participate in the investigation.

Q: What documents do I need to participate? A: Brokerage statements or trade confirmations showing purchase dates, share quantities, prices paid, and any subsequent sale dates and prices.

Q: What if I already sold my IHRT shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought IHRT and sold at a loss may still participate in the investigation.

Q: What if my IHRT losses are small -- is it still worth contacting a lawyer? A: Yes. There is no minimum loss amount required to participate in the investigation.

Q: What does it cost me to participate? A: There is no upfront cost to submit your information and review whether you may be eligible to recover. Should you choose to participate in any resulting action, these matters are generally handled on a contingency basis, with any attorneys ' fees and expenses subject to court approval.

Attorney Advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171

SOURCE:Levi & Korsinsky, LLP

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