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Coming Soon: National Lampoon’s Litigation Vacation

 
So, this is way off topic, I know, but really, I couldn’t stop myself. As Bloomberg reports today , the SEC has sued National Lampoon (NLN) , its CEO Daniel Laikin and three other people for allegedly participating in a plan to fraudulently manipulate trading in the company’s stock. The SEC asserted in a civil suit filed in federal court in Philadelphia that Laikin paid kickbacks to a stock promoter and a witness cooperating with the FBI who he believed had connections to “corrupt” brokers. Whoops! Fake mobsters! In the suit, the Commission is asking for an order barring the company and Laikin from similar misconduct in the future, and is seeking to impose an unspecified fine against Laikin. Maybe Chevy Chase could play Laikin in the movie. (link)

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