National Lampoon CEO Fights Lockdown As Trial Nears

Law360, New York (April 7, 2011, 6:22 PM EDT) -- The CEO of media company National Lampoon Inc. asked a federal judge in Indiana on Thursday to release him from lockdown as he awaits trial over an alleged $230 million investment scam.

Accused fraudster Timothy Durham urged Judge Jane Magnus-Stinson of the U.S. District Court for the Southern District of Indiana to vacate a magistrate judge’s order and allow him to leave the shelter he is currently consigned to in exchange for home detention.

Durham and two associates were indicted March on 12 criminal charges of...
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