Regal Communications makes announcement

REGAL COMMUNICATIONS CORPORATION (NASDAQ/NMS Symbol: RCOM) today announced that a class action complaint has been filed against it and a current and former executive officer alleging federal securities laws claims which the Company intends to contest vigorously. REGAL COMMUNICATIONS CORPORATION, thr...

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Bibliographic Details
Published inBusiness Wire p. 1
Main Author Fisher, Elliot S
Format Newsletter
LanguageEnglish
Published New York Business Wire 14.01.1994
Subjects
Advertising
Class action lawsuits
Middle Atlantic
Television programs
PA
Ft Washington
US
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Summary:REGAL COMMUNICATIONS CORPORATION (NASDAQ/NMS Symbol: RCOM) today announced that a class action complaint has been filed against it and a current and former executive officer alleging federal securities laws claims which the Company intends to contest vigorously. REGAL COMMUNICATIONS CORPORATION, through its wholly owned subsidiaries, Regal Group, Joan Rivers Products and Regal Shop International, is a leading producer and distributor of program length advertisements as well as an integrated marketing and merchandising company. REGAL also develops and markets information and entertainment telephone programs for the pay-per-call consumer market. (excerpt)