Investors Suing MID, Stronach, Directors July 08, 2010 According to a report, MI Developments, numerous shareholders, and its controlling shareholder, Frank Stronach, are being sued by some of the company's biggest
Commission Rules In Favour Of MID September 15, 2009 On Monday, September 14, MI Developments Inc. announced that the Ontario Securities Commission dismissed claims made by certain MID Class 'A' shareholders challenging MID's ability to rely on certain ...
MEC Assets Pilfered? July 23, 2009 A group of unsecured creditors have gone to court in Delaware, charging that racetrack owner Magna Entertainment Corp. fraudulently transferred more than $125 million to Frank Stronach-controlled comp...
Karper: Quebec Horsepeople Short-Changed Via Bankruptcy Protection May 12, 2009 In an opinion piece released yesterday, Quebec Trotting and Pacing Association (ATAQ) vice president Rick Karper stated that the horsepeople of Quebec are being short-changed under conditions of
Stronach Out As MEC CEO April 08, 2009 Magna Entertainment Corp. announced yesterday that Frank Stronach has been replaced as CEO
NASDAQ To Delist MEC March 10, 2009 Magna Entertainment Corp. has announced that it has received notification from the NASDAQ stock market that its securities will be delisted
Magna Files For Bankruptcy March 05, 2009 Magna Entertainment Corp. ("MEC" or "the Company") (NASDAQ: MECA; TSX: MEC.A), together with certain of its wholly-owned subsidiaries, today announced that it has filed voluntary petitions for reorgan...
MEC To Be Delisted From TSX March 03, 2009 Magna Entertainment has announced that it has been slapped with a delisting notice from the Toronto Stock Exchange, which told the horse racing and gaming company
