Lions Gate Admits Disclosure Violations In 2010 Icahn SpatVW Staff
Lions Gate Entertainment Corp. (USA) (NYSE:LGF) revealed in an SEC filing that it has admitted to disclosure violations relating to certain transactions it announced on July 20, 2010, and has agreed to pay $7.5 million in penalties.
Lions Gate Entertainment Corp. (USA) (NYSE:LGF) entered these transactions during its defense against activist investor Carl Icahn’s hostile bid to take over the company in 2010.
Dilution by night . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email firstname.lastname@example.org and we will get back to you as quick as humanly possible