*DJ Emmis Awarded Favorable Ruling In Preferred Stk Litigation
03/04/2014 11:05 AM
(MORE TO FOLLOW) Dow Jones Newswires (212-416-2800)
March 04, 2014 11:05 ET (16:05 GMT)
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Sentiment: Strong Buy
Apparently correct. Marketwatch reporting this:
INDIANAPOLIS, March 4, 2014 /PRNewswire/ -- Judge Sarah Evans Barker of the United States District Court, Southern District of Indiana, has ruled in favor of Emmis Communications EMMS +4.87% in a suit filed by dissident preferred shareholders.
Evil management triumphs over stupid hedge funds.