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National Lampoon CEO pleads guilty to conspiracy

Published: September 23, 2009 4:52 PM
By The Associated Press  

Quick ReadNational Lampoon CEO pleads guilty to conspiracy in stock price manipulation

PHILADELPHIA (AP) — The CEO of National Lampoon Inc. has pleaded guilty to conspiracy.

Federal prosecutors in Philadelphia say CEO Daniel Laikin was part of a plot to artificially inflate the company's stock price by paying people to buy shares. The 47-year-old man, who lives in Indianapolis and Los Angeles, pleaded guilty to conspiracy Wednesday. Prosecutors dropped a count of securities...

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