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, 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 whom he believed had connections to “corrupt” brokers. Whoops! Fake mobsters!