Movie studio Metro-Goldwyn-Mayer, home of movie franchises such as James Bond and The Pink Panther, proposed a bankruptcy plan that would reduce its debt by $4 billion and put the founders of Spyglass Entertainment in charge of the legendary studio.
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Regulators brought securities fraud charges against actor Larry Wilcox, who played California Highway Patrol officer Jon Baker on the TV show “CHiPs.”
The SEC alleged that Wilcox and at least a dozen others were engaged in “various illicit kickback schemes to manipulate the volume and price of microcap stocks and illegally generate stock sales.”
The agency says that Wilcox and the…
Continue reading Former CHiPs Star Charged With Securities Fraud
Former CHiPs Star Charged With Securities Fraud originally appeared on DailyFinance on Fri, 08 Oct 2010 06:58:00.
Filed Under: People, Media, Stocks in the News
Japanese mobile-phone users are about 70% more likely to regularly use their devices to connect to the Internet than Americans, and more than twice as likely to be connected as European mobile users.
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Apple’s iPad launch earlier this year was the most successful tech-gadget debut ever, blowing away previous success stories like the iPhone and the DVD player, according to Bernstein Research analyst Colin McGranahan.
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Viacom is being sued by 14-year-old Caitlin Sanchez, who provided the voice for the lead role on Dora the Explorer, the wildly popular children’s show on Nickelodeon. Sanchez’s lawyer says the company owes her millions.
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