Levi & Korsinsky, LLP Files Class Action Lawsuit Against Mediacom Communications Corp.

By Avik, Gaea News Network
Wednesday, December 22, 2010

NEW YORK (GaeaTimes.com) — Levi & Korsinsky, LLP has reportedly filed a class action lawsuit in the United States District Court for the Southern District of New York on behalf of current stockholders of Mediacom Communications Corp. regarding the planned acquisition of the company by Rocco Commisso, Mediacom’s Chairman, Chief Executive Officer, and controlling shareholder. The allegations that the lawsuit, entitled Pease v. Commisso, Index No. 10-cv-9263, impose among other things, were that the defendants violated Section 14(a) of the Securities Exchange Act of 1934 and corresponding Rule 14a-9. In particular, the plaintiff alleges that the defendants have issued materially false or misleading statements regarding the proposed acquisition.

If you wish to serve as lead plaintiff, you must move the Court no later than 60 days from today. If you wish to discuss this action or have any questions concerning this notice or your rights or interests, please contact plaintiff’s counsel, Eduard Korsinsky, at Levi & Korsinsky, LLP, (212) 363-7500 or, or via e-mail at ek@zlk.com. If you are a member of this class, you can view a copy of the complaint as filed or join this class action online at http://www.zlk.com. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice or may choose to do nothing and remain an absent class member.

Levi & Korsinsky, LLP is a national law firm that represents the rights of shareholders and victims of corporate abuse. We are headquartered in New York City and have offices in Los Angeles, California and New Jersey. With over 50 years of combined litigation experience, the members of L|K have been involved in hundreds of class action lawsuits and have obtained multi-million dollar recoveries.

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