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Reading International Inc - Class B Voting Common Stock (OQ:RDIB)

Business Focus: N/A

Jun 21, 2018 08:00 am ET
Derivative Litigation Dismissed Against All Reading International Directors
Reading International, Inc. (“Reading”) (NASDAQ: RDI, RDIB) today announced that the Nevada trial court dismissed with prejudice all claims asserted against Reading Directors Guy Adams, Ellen Cotter and Margaret Cotter by James J. Cotter, Jr., in his purported derivative litigation in the case of Cotter v. Cotter, et al., Case No. A-15-719860-B (District Court of the State of Nevada for Clark County). The District Court granted the summary judgment motions from the bench on June 19, 2018, and a final order is now being prepared. The