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Zhang Investor Law announces the filing of a class action lawsuit on behalf of shareholders who bought shares of Meredith Corporation (NYSE: MDP) from January 31, 2018 through September 5, 2019 (the “Class Period”). The lawsuit seeks to recover damages for Meredith Corporation investors under the federal securities laws.
If you bought Meredith Corporation securities between January 31, 2018 through September 5, 2019, and would like to join the action, please click “Join This Class Action,” above.
SHAREHOLDER ALERT: Zhang Investor Law Announces the Filing of a Securities Class Action Lawsuit Against Meredith Corporation- MDP
New York, N.Y., September 19, 2019. Zhang Investor Law announces the filing of a class action lawsuit on behalf of shareholders who bought shares of Meredith Corporation between January 31, 2018 and September 5, 2019, inclusive (the “Class Period”).
To join the MDP class action, go to http://zhanginvestorlaw.com/cases/meredith-corporation/ call Sophie Zhang, Esq. toll-free at 800-991-3756 or email firstname.lastname@example.org for information on the class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT.
According to the lawsuit, throughout the Class Period (1) the Time, Inc. acquisition was not as profitable as Meredith had claimed; (2) Meredith would incur additional costs for strategic investments to improve the Time business; (3) Meredith’s earnings would be materially and adversely impacted; and (4) as a result of the foregoing, defendants’ positive statements about Meredith’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damage
A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 5, 2019. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://zhanginvestorlaw.com/cases/meredith-corporation/ or to discuss your rights or interests regarding this class action, please contact Sophie Zhang, Esq. of Zhang Investor Law toll free at 800-991-3756 or via e-mail at email@example.com.
Zhang Investor Law represents investors worldwide.