Faruqi & Faruqi, LLP Launches An Investigation Against MDC Holdings Inc. (MDC) For Potential Breaches Of Fiduciary Duties By Its Board Of Directors

Tue Feb 19, 2013 5:52pm EST

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NEW YORK--(Business Wire)--
Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New
York City, is investigating the Board of Directors of MDC Holdings Inc. ("MDC"
or the "Company") (NYSE: MDC) for potential breaches of fiduciary duties in
connection with their conduct in seeking shareholders` approval for executive
compensation. 

Specifically, in the Proxy Statement filed by the Company with the Securities
and Exchange Commission on February 6, 2013, the Board of Directors recommends
that MDC`s shareholders vote to approve an amendment to the MDC 2011 Equity
Incentive Plan, authorizing 1,600,000 shares of Common Stock to be available for
issuance. The proxy also recommends that shareholders approve an advisory vote
on executive compensation. The issuance of the additional shares could have a
substantial dilutive effect on the shares of MDC common stock. 

Request more information now by clicking here: www.faruqilaw.com/MDC. There is
no cost or obligation to you.

Faruqi & Faruqi, LLP is a national law firm which represents investors and
individuals in class action litigation. The firm is focused on providing
exemplary legal services in complex litigation in the areas of securities,
shareholder, antitrust and consumer litigation, throughout all phases of
litigation. The firm has an experienced trial team which has achieved
significant victories on behalf of the firm`s clients. 

If you own common stock in MDC and wish to obtain additional information and
protect your investments free of charge, please visit us at
www.faruqilaw.com/MDC or contact Juan E. Monteverde, Esq. either via e-mail at
jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330. 

Attorney Advertising. (C) 2013 Faruqi & Faruqi, LLP. The law firm responsible
for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior
results do not guarantee or predict a similar outcome with respect to any future
matter. We are happy to discuss your particular case.

Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
jmonteverde@faruqilaw.com
Toll Free: (877) 247-4292
Phone: (212) 983-9330 

Copyright Business Wire 2013

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