Stock Fraud Defendant Told To Hand Over Rock Tapes

Law360, New York (January 14, 2008, 12:00 AM EST) -- The judge overseeing the illegal stock scheme case against Universal Express Inc. has ordered the luggage delivery company's chief executive to hand over a collection of tapes of the Jackson Five television and music recordings, ruling that he does not own the lucrative memorabilia.

Judge Gerard Lynch of he U.S. District Court for the Southern District of New York on Friday granted the court-appointed receiver's request that CEO Richard Altomare relinquish the recordings of Michael Jackson and his siblings on the grounds that Universal Express has...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.