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Stock impact report

Derivative Litigation Dismissed Against All Reading International Directors

Reading International Inc - Class A Non-voting (RDI) 
Last reading international inc - class a non-voting earnings: 8/9 03:22 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.readingrdi.com
Company Research Source: Business Wire
CULVER CITY, Calif.--(BUSINESS WIRE)-- Reading International, Inc. (“Reading”) (NASDAQ: RDI, RDIB) today announced that the Nevada trial court dismissed with prejudice all claims asserted against Reading Directors Guy Adams, Ellen Cotter and Margaret Cotter by James J. Cotter, Jr., in his purported derivative litigation in the case of Cotter v. Cotter, et al., Case No. A-15-719860-B (District Court of the State of Nevada for Clark County). The District Court granted the summary judgment motions from the bench on June 19, 2018, and a final order is now being prepared. The previously announced July 9, 2018 trial date has been vacated. All claims against Directors Judy Codding, William Gould, Edward L. Kane, Douglas McEachern and Michael Wrotniak were previously dismissed with prejudice by the District Court’s order dated December 28, 2017. The dismissal with prejudice of claims against our Directors was Show less Read more
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