Court document alleges seven complainants in latest charges against Magna founder Frank Stronach [Globe and Mail, The (Toronto, Canada)]
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Magna International, Inc. (MGA)
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Source: Globe and Mail, The
The details of the latest charges are outlined in a court document that bring the total number of alleged victims to 10. The 91-year-old founder of Magna International was charged early this month with the sexual assault of three women and then police announced additional charges earlier this week. Mr. Stronach has issued statements through his lawyer denying the allegations. The court document, sworn by Peel Regional Police earlier this week and made public Friday, include two charges that allege Mr. Stronach indecently assaulted and attempted to rape one woman between June, 1977, and January, 1978, in Toronto. The document also says Mr. Stronach is charged with six counts of sexual assaults alleged to have occurred in Toronto in 1983; Toronto in 1988; Scarborough in 1990; Aurora, Ont., between January, 1999, and December, 2003; Aurora, Ont., between September, 2001, and June, 2002; and Gormley, Ont., in February of this year. Mr. Stronach's lawyer, Brian Greenspan, declined
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- Magna International Inc. (NYSE: MGA) was upgraded by analysts at BNP Paribas from a "neutral" rating to an "outperform" rating.MarketBeat
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- Magna International Inc. (NYSE: MGA) had its price target lowered by analysts at Wells Fargo & Company from $49.00 to $46.00. They now have an "equal weight" rating on the stock.MarketBeat
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- 5/3/24 - Miss
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