Madden v. Pegasus Communications Corp, No. 2:05-cv-0568

The Rosen Law Firm was sole Lead Counsel in this class action in the U.S. District Court for the Eastern District of Pennsylvania. The action alleged violations of §§ 10b and 20(a) of the Securities Exchange Act arising out of the issuance of allegedly false and misleading statements concerning the Company’s direct broadcast satellite agreement with DirecTV and the Company’s reported subscriber growth and totals. Plaintiffs settled this action for a $2.95 million cash payment to class members.

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