PHILADELPHIA, Dec 15, 2008 /PRNewswire via COMTEX/ -- PHILADELPHIA, Dec. 15 /PRNewswire-USNewswire/ -- Acting United States Attorney Laurie Magid today announced the unsealing of three indictments and an information charging seven individuals with conspiracy and securities fraud. The charges pertain to four separate schemes designed to artificially inflate the prices of publicly traded stocks. Among those charged is Daniel Laikin, CEO of National Lampoon, Inc. which owns interests in the film "Animal House" and the "Vacation" series. These cases were the result of a long-term investigation, conducted in coordination with the United States Securities and Exchange Commission (the "SEC"), that detected ongoing stock manipulation schemes in the national securities markets. The SEC today filed separate civil actions against the same individuals.
Whatever you do, Daniel, don't try to take the security guard hostage. It worked in the movie but probably won't work well in real life.
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