Kings Road Investor Demands Docs In Stake Dilution Row

Law360, New York (August 30, 2011, 6:54 PM EDT) -- An entertainment company on Friday asked a California state court to order Kings Road Entertainment Inc. to produce corporate records for inspection in a suit alleging a scheme by executives to dilute its controlling stake in Kings Road by issuing millions of shares for little value.

Sven Ebeling and West Coast Pictures LLC allege Kings Road CEO Michael A. Yedor and others colluded to seize control of Kings Road for themselves through fraudulent means, according to the petition for alternative writ of mandate.

Without any notice to...
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