BUSINESS WIRE –Aug 31 — Kreindler & Kreindler LLP today announced that it has filed a class action lawsuit on behalf of shareholders of Intermix Media (MySpace.com, Alena.com), alleging that current directors, officers and controlling shareholders of Intermix designed a sale to News Corporation that benefited themselves at the expense of the Company and public shareholders.
The full article was originally published at Business Wire, but is no longer available.
It often happens at many Public Companies that
Directors, Chiefs Officers and Preferred Shareholders receive the CAKE
and
Common Shareholders receive portions of a BISCUIT.
Kindest Regards,
Fernando Ardenghi.
Buenos Aires.
Argentina.
ardenghifer@gmail.com