December 24, 2011
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 the other directors of Primedia based on allegations that KKR controls Primedia and looted Primedia's assets to fund an early 100% redemption of preferred stock that KKR and its investment vehicles had bought for just pennies on the dollar.
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