Dan Laikin
Daniel S. Laikin is an American business executive. He served as chief operating officer and chief executive officer of National Lampoon, Incorporated from 2002 to 2008.[citation needed]
Life and career
Laikin served as co-chairman of Indiana-based real estate development company Biltmore Homes, Inc., until 2000. He also served as a managing partner of technology investment firm Four Leaf Partners, LLC.[citation needed]
In 2001, Laikin's group moved to buy a majority stake in J2 Communications Inc., the owner of the moribund National Lampoon properties.[1] From 2002 forward they built media businesses around the brand, becoming active in film, television, radio, print, as well as building the largest Internet based comedy network in the world.[citation needed]
Laikin was the largest shareholder of National Lampoon, Incorporated. In December 2008, the SEC alleged Laikin conspired to inflate the company's stock price. In 2010, a federal judge sentenced Laikin to 45 months in prison. He was released in 2012.[2] Laikin was replaced by Tim Durham, who himself was arrested in 2011 for looting more than $200 million from the company. [3]
References
- ^ Laikin group grabs controlling stake. Indianapolis Business Journal
- ^ "Dan Laikin sentenced to 45 months in Lampoon fraud". Indianapolis Business Journal.
- ^ "Can Anyone Repair National Lampoon's Devastated Brand?". Vanity Fair.