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Case Status:    DISMISSED    
On or around 07/21/2011 (Notice of voluntarily dismissal)

Filing Date: December 10, 2010

According to a press release dated December 13, 2010, 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.

According to a Stipulation and Order signed on May 26, 2011, by Judge Cathy Seibel, based on the parties stipulation and agreement, the parties respectfully request that the Court stay all proceedings, obligations, filing's, and deadlines in this action, pending adjudication by the Delaware Court of Chancery on whether the proposed settlement be approved.

On May 25, 2011, the parties filed and the Court approved a request to stay the current proceedings pending an outcome in a Delaware Chancery Court case.

The plaintiff filed a notice of voluntary dismissal with prejudice on July 20, 2011, against all defendants.


Sector: Services
Industry: Broadcasting & Cable TV
Headquarters: United States


Ticker Symbol: MCCC
Company Market: NASDAQ
Market Status: Public (Listed)

About the Company & Securities Data

"Company" information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, "Securities" information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.

In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.
COURT: S.D. New York
DOCKET #: 10-CV-09263
JUDGE: Hon. Cathy Seibel
DATE FILED: 12/10/2010
CLASS PERIOD END: 12/10/2010
  1. Levi & Korsinsky, LLP
    30 Broad Street, 15 1h Floor, Levi & Korsinsky, LLP, NY 10004
    212.363.7500 212.363-7171 ·
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