Thieler Law Corp advises investors with losses exceeding $100,000 of the September 29, 2015 lead plaintiff deadline in a class action lawsuit filed against MDC Partners Inc (NASDAQ: MDCA) (“MDC Partners” or “the Company”). The suit is pending in the U..S. District Court for the Southern District of New York investors, who purchased  MDC Partners Inc securities between September 24, 2013 and April 27, 2015, have until September 29, 2015 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased MDC Partners Inc securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 866-6157 or emailing mail@thielerlaw.com .  No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that MDC Partners had been actively cooperating with an SEC investigation relating to the reimbursement of expenses incurred by CEO Miles Nadal. Additionally they failed to reveal that Mr. Nadal had agreed to reimburse the Company $8.6 million and during the quarter ended March 31, 2015, the Company incurred approximately $5.8 million in legal fees and other related expenses relating to the inquiry. 

On April 27, 2015 the Company announced its financial results for the first quarter ended March 31, 201, also disclosing that the Company reassigned its CFO, Michael Sabatino, to a new role in the Company.  

If you were negatively impacted by your investment in MDC Partners Inc September 24, 2013 and April 27, 2015securities between and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.

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