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Stock Market & Financial Investment News

News Breaks
August 20, 2014
12:20 EDTCIDMRonald Chez sends letter to Cinedigm over insider ownership
Ronald Chez disclosed a letter sent to Cinedigm CEO Chris McGurk, which stated in part, "I was concerned to see that certain key officers and members of the Board of Directors have yet to make a serious personal financial commitment to own equity in Cinedigm apart from holding stock options...I believe the board policy should define ownership levels based on management positions ranging from 50% to 300% of base compensation for company officers, and three to five times annual director total compensation for outside directors. These levels should be achieved within a reasonable time frame." Chez owns 7.9% of Cinedigm's outstanding shares.
News For CIDM From The Last 14 Days
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March 25, 2015
08:40 EDTCIDMCinedigm sues Gaiam over alleged financial misreporting, NY Post says
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March 20, 2015
10:30 EDTCIDMCinedigm management to meet with B. Riley
Meeting to be held in San Francisco on March 24 hosted by B. Riley.

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