Gardy & Notis, LLP has been appointed by the Court as lead counsel for shareholders of Value Line, Inc. (NASDAQ: VALUE) seeking to recoup damages against Value Line’s controlling shareholder and certain of its former officers based on allegations of a scheme where certain Value Line mutual funds were overcharged brokerage commissions. Value Line agreed to consent order with the SEC to disgorge the commissions and pay penalties and interest to the SEC. Along with the attorney’s fees paid to defend the SEC action, the damages attributable to the 13.5% of Value Line common stock not owned by the controlling shareholder was approximately $3.36 million.

Gardy & Notis, LLP has been appointed by the Court as lead counsel for shareholders of The Student Loan Corporation (NYSE: STU) challenging a series of conflicted proposed transactions through which Citibank, N.A. -- Student Loan's controlling shareholder with 80% of Student Loan's common stock -- engineered a breakup of Student Loan's assets to rid itself of non-core banking assets at the expense of Student Loan's public shareholders.

Gardy & Notis, LLP has been appointed by the Court as lead counsel for shareholders of Primedia, Inc. (NYSE: PRM) seeking to recoup damages against Kolberg Kravis Roberts & Co. L.P., Henry R. Kravis, and other Primedia insiders based on allegations that KKR controls Primedia and used Primedia's inside information to buy Primedia securities at depressed prices and achieve roughly $150 million in insider trading profits.