In 1976, Tom Petty and the Heartbreakers was formed, with Petty as the lead singer and guitarist.
It was reported earlier today that rock icon Tom Petty died after suffering cardiac arrest.
Petty recently wrapped the 40th anniversary tour for Tom Petty and the Heartbreakers with three shows at the Hollywood Bowl, with the last show taking place on September 23.
A new report claims that report was made erroneously and that Petty remains in the hospital in critical condition.