Faruqi and Faruqui, LLP Logo
Share this page

MDC Holdings Inc. (MDC)

(NYSE: MDC)

Summary

Faruqi & Faruqi, LLP Launches An Investigation Against MDC Holdings Inc. (MDC) For Potential Breaches Of Fiduciary Duties By Its Board Of Directors

Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of MDC Holdings Inc. (“MDC” or the “Company”) (NYSE: MDC) for potential breaches of fiduciary duties in connection with their conduct in seeking shareholders’ approval for executive compensation.

Specifically, in the Proxy Statement filed by the Company with the Securities and Exchange Commission on February 6, 2013, the Board of Directors recommends that MDC’s shareholders vote to approve an amendment to the MDC 2011 Equity Incentive Plan, authorizing 1,600,000 shares of Common Stock to be available for issuance. The proxy also recommends that shareholders approve an advisory vote on executive compensation. The issuance of the additional shares could have a substantial dilutive effect on the shares of MDC common stock.

If you own common stock in MDC and wish to obtain additional information and protect your investments free of charge, please contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.

Request Information

Please tell us about yourself by completing the form below and we will provide you with additional
information at no cost to you on how to join the Class Action.

  • Company:
    MDC Holdings Inc. (MDC)
  •    

* The submission of this form does not create an attorney-client relationship.

Contact Counsel

MergerInfo Request
Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330

Email:

Send Information

If you have information regarding this case that you would like to make available, please click here to contact us about our investigation.