Update on Primedia, Inc. Shareholder Lawsuit: Boardmember.com Discusses the Case with Judith L. Spanier

Ms. Spanier who successfully argued the appeal before the Delaware Supreme Court in In re Primedia, Inc. Deriative Action; Kahn v. Kolberg Kravis Roberts & Co., et al., No. 436, 2010, 2011 Del. LEXIS 313 (Del. Sup. Ct. June 20, 2011) was quoted by Boardmember.com.  The Delaware Supreme Court reversed the dismissal of the shareholder derivative lawsuit on behalf of Primedia Inc. (PRM) seeking to recoup monies arising out of alleged insider trading in Primedia's securities by Kolberg Kravis Roberts & Co. ("KKR") the Company's controlling shareholder.