Shareholder Alert: Robbins Arroyo LLP Announces Another Complaint Filed Against Meredith Corporation (MDP)
Shareholder rights law firm Robbins Arroyo LLP announces that a purchaser of Meredith Corporation (NYSE: MDP) filed a class action complaint against the company for alleged violations of the Securities Exchange Act of 1934 between January 31, 2018 and September 5, 2019.
- Shareholder rights law firm Robbins Arroyo LLP announces that a purchaser of Meredith Corporation (NYSE: MDP) filed a class action complaint against the company for alleged violations of the Securities Exchange Act of 1934 between January 31, 2018 and September 5, 2019.
- Meredith is a media company that distributes content through print, digital, mobile, video, and broadcast television.
- If you suffered a loss as a result of Meredith's misconduct, click here .
- According to the complaint, in January 2018, Meredith acquired Time Inc. for $3.2 billion, touting that the merger of the two companies "meaningfully enhance[d] [Meredith's] financial strength and flexibility."