National Lampoon CEO gets 4 years in jail
Prosecutors allege he inflated company's stock priceFormer National Lampoon CEO Daniel Laikin has been sentenced to four years in jail for conspiring to drive up the stock price of his company.
Federal prosecutors alleged Laikin artificially inflated his company's stock price from $2 to $5 by paying people to buy shares, according to the Associated Press.
Prosecutors dropped a count of securities fraud after Laikin agreed to plead guilty to conspiracy.
National Lampoon owns the rights to the "Vacation" and "Animal House" movies.