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MDC Partners Tables SEC Settlement

Marcoms holding company MDC Partners has reached an agreement 'in principle' to pay the US Securities and Exchange Commission (SEC) $1.5m, to settle an investigation into expenses claimed by former Chairman and CEO Miles Nadal. More

NY Judge Dismisses Case against MDC Partners

A US Federal Judge in New York has dismissed a shareholder law suit against marcoms holding company MDC Partners, which claimed the company had been involved in a pattern of fraudulent behavior and that several of its former execs had violated the Securities Exchange Act. More

Nadal Leaves MDC Partners Following Expenses Scandal

Miles Nadal, the Chairman & CEO of marcoms holding company MDC Partners, has left after being forced to repay nearly $12.5m in expenses, following an investigation by the SEC. He has been replaced by Scott Kauffman, who has served as Presiding Director since March 2012. More

MDC and Doner Open Multicultural Consultancy

Marcoms network MDC Partners and its digital strategy agency Doner have launched a specialist multicultural business called Cultura United Agency, offering full-service ad and PR expertise driven by insights across Hispanic, African American and Asian audiences. More

MDC Chief to Repay $8.6m Following SEC Inquiry

Miles Nadal, the CEO of marcoms holding company MDC Partners, has agreed to return $8.6m to the company, for expenses which the SEC says 'lacked appropriate substantiation'. More

MDC Partners Buys Majority Stake in Luntz Global

Marcoms network MDC Partners has acquired a majority partnership interest in language and communications research specialist Luntz Global, thereby extending its own Consumer Insights and Analytics practice. Terms of the deal were not disclosed. More

MDC Acquires Ad Targeting Platform Dotbox

Marcoms network MDC Partners has acquired a majority stake in New York-based social media commerce platform Dotbox, which uses its proprietary 4CsX platform to combine traditional ecommerce with social media and ad personalization tools. Terms of the deal were not disclosed. More

Former Journalist Hired for Digital Think Tank Launch

In the US, marcoms network MDC Partners has hired journalist Ash Bennington as Director of Strategic Technology and Innovation. Bennington will oversee the launch of MDC Ideas, an internal think tank dedicated to identifying new solutions in social media, digital and business analytics. More

MDC Partners Buys to Expand Analytics Offer

In Canada, marcoms network MDC Partners has acquired a majority stake in digital agency Capital C and data analytics business Kenna from their parent firm Newport Partners Holdings, under which the agencies were merged in 2005. The deal is reportedly valued at $27m. More

MDC Takes Majority Stake in Media Analytics Firm

US marcoms network MDC Partners has acquired a majority interest in media analytics firm Integrated Media Solutions (IMS). Terms were not disclosed. More

Analytics Buy for Expanding MDC

In the US, marketing and communications network MDC Partners Inc. has agreed to acquire Communifx, a data analytics and database marketing firm focused on engagement marketing and optimization solutions. More

MDC Partners Forms Consumer Insights Group

Marcoms agency MDC Partners has formed a Consumer Insights Group, to develop data and analytics capabilities for use by MDC companies wishing to analyze clients' integrated digital and multi-channel media campaigns. More

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