Korean Prosecutors Look To Arrest Private Equity Chief

Law360, New York (November 1, 2006, 12:00 AM EST) -- The head of the South Korean branch of an American private equity group has come under fire from Korean regulators, who are seeking to arrest the executive on charges of stock price manipulation.

Prosecutors have applied for an arrest warrant for Paul Yoo, the head of Lone Star Advisors Korea, according to the New York Times. The government has also sought a warrant for Lone Star Vice Chairman Ellis Short, Lone Star General Counsel Michael Thompson, and Stephen Lee, another former Lone Star executive.

The three...
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