Investor Alert: Ademi & O'Reilly, LLP Investigates Possible Securities Fraud of Meredith Corporation
Meredith Corporation (MDP)
Last meredith corporation earnings: 2/6 08:00 am
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US:NYSE Investor Relations:
ir.meredith.com/investors/default.aspx
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Source: PR Newswire
MILWAUKEE, Sept. 6, 2019 /PRNewswire/ -- Ademi & O'Reilly, LLP is investigating possible securities fraud claims against Meredith Corporation (NYSE: MDP) resulting from inaccurate statements Meredith made regarding its business practices, financial statements and prospects.Click here to learn more about the investigation: http://ademilaw.com/case/meredith-corporation or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you. The investigation focuses on whether Meredith issued false and misleading statements regarding its business practices and prospects. Specifically, despite repeated reassurances to the contrary, Meredith's acquisition of certain print assets of Time Inc. was not producing anticipated financial results, as Meredith was taking longer to turn around the advertising performance of these assets. Moreover, the number of low-margin magazine subscriptions Meredith encountered inside the legacy Time Inc. brands was more than anticipated. As noted
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