Meredith Stumbles with Time Inc. Purchase, and Now Lawyers Are Circling

At least five law firms have announced actual or potential class-action lawsuits against Meredith Corporation following the company’s disappointing earnings report and forecast last week. A lawsuit filed in a federal court on Friday, Wirthwein v. Meredith Corporation, charges that Meredith and two of its executives had previously failed to tell investors that “the Time, […]