Investigation Overview
Accoding to a press release a law firm is currently investigating on behalf of National Lampoon, Inc. (AMEX: NLN) investors over whether the stock price of National Lampoon, Inc. was artificially inflated.
According to a press release the investigation focuses on potential claims on behalf of shareholders related to whether an officer of National Lampoon, Inc. (AMEX: NLN) participated in a stock manipulation scheme in order to artificially inflate its stock prices. SFMS specifically is investigating whether, from on or about March 1, 2008 through on or about June 30, 2008, National Lampoons chief executive paid kickbacks to stock promoters in order to create the false impression of steady demand for National Lampoon stock and artificially inflate the price of the National Lampoon, Incs (AMEX: NLN) stock.