Feds to auction off L.A. mansion at center of Armenian bribery allegations [Los Angeles Times (CA)]
Lions Gate Entertainment Corporation Class A Voting Shares (LGF.A)
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Source: Los Angeles Times
The federal Department of Justice announced a civil forfeiture settlement Monday against the 11-bedroom, 27-bathroom French chateau-style mansion in one of L.A.'s most exclusive neighborhoods, Holmby Hills. The 33,652-square-foot home — a few doors down from the Playboy Mansion — belonged to the sons of Gagik Khachatryan, Armenia's former minister of finance. Under the settlement, the U.S. will sell the property “at the highest obtainable market price.” The home was previously listed for sale at $63.5 million in 2022. It was later relisted for just under $40 million. The government said it will keep 85% of the net proceeds from the sale, with the rest delivered to Khachatryan's sons and a corporation they own. An attorney representing Gagik's sons, Artyom and Gurgen Khachatryan, released a statement that said his clients “agreed to resolve the existing claims without any admission of wrongdoing.” The attorney, Ephraim Wernick, added that the brothers “continue to forcefully
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News
- Bronstein, Gewirtz and Grossman, LLC Announces an Investigation Against Lions Gate Entertainment Corporation (LGF.A; LGF.B) and Encourages Stockholders to Seek Compensation for Alleged WrongdoingsAccesswire
- Bronstein, Gewirtz and Grossman, LLC Initiates an Investigation into Allegations Against Lions Gate Entertainment Corporation (LGF.A; LGF.B) And Encourages Investors to Reach OutAccesswire
- LGF.A; LGF.B INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces an Investigation into Lions Gate Entertainment Corporation and Encourages Investors to Contact the Firm!GlobeNewswire
- Bronstein, Gewirtz and Grossman, LLC Encourages Lions Gate Entertainment Corporation (LGF.A; LGF.B) Investors to Inquire about Securities InvestigationAccesswire
- 4 Film & Television Production Stocks to Watch on Dull Industry Trends [Yahoo! Finance]Yahoo! Finance
LGF.A
Earnings
- 5/23/24 - Beat
LGF.A
Sec Filings
- 9/5/24 - Form 4
- 8/30/24 - Form 4
- 8/16/24 - Form 4
- LGF.A's page on the SEC website