SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of MDC Partners Inc. of Pendency of Class Action Lawsuit and a Lead Plaintiff Deadline of September 29, 2015 - MDCA
(firmenpresse) - NEW YORK, NY -- (Marketwired) -- 08/13/15 -- The following statement is being issued by Levi & Korsinsky, LLP:
or otherwise acquired securities of ("MDC") (NASDAQ: MDCA) .
that a securities class action lawsuit has been commenced in the USDC for the Southern District of New York. If you purchased or otherwise acquired MDC securities between September 24, 2013 and April 27, 2015, inclusive, your rights may be affected by this action. To get more information :
or contact Joseph E. Levi, Esq. either via email at or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
According to the complaint, throughout the Class Period defendants issues materially false and misleading statements and/or failed to disclose material information. On April 27, 2015 the Company announced its financial results for the first quarter ended March 31, 2015. The Company also announced that: (a) it had been actively cooperating with an SEC investigation relating to the reimbursement of expenses incurred by CEO Miles Nadal; (b) that Mr. Nadal had agreed to reimburse the Company $8.6 million, (c) during the quarter ended March 31, 2015, the Company incurred approximately $5.8 million in legal fees and other related expenses relating to the inquiry; and (d) the Company reassigned its CFO, Michael Sabatino, to a new role in the Company.
to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn''t require that you serve as a lead plaintiff.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm''s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
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Datum: 13.08.2015 - 08:46 Uhr
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