Lionsgate Vendor Pleads Guilty To $2M Kickback Scheme

Law360, Los Angeles (May 6, 2013, 10:01 PM EDT) -- A vendor accused of conspiring with a Lionsgate Entertainment Inc. media buyer to defraud the studio of more than $2 million by submitting inflated purchase orders for DVD and Blu-ray displays entered a guilty plea in California federal court Monday, according to a prosecutor.

Assistant U.S. Attorney Sarah Heidel declined to provide details of Larry Collins' plea after a court hearing that was closed to the public. Documents that appear to be related to the plea were filed under seal Thursday.

Collins, the owner of Versagraphic...
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.