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1 item from 2005

7 April 2005 | The Hollywood Reporter | See recent The Hollywood Reporter news »

The Securities and Exchange Commission filed fraud and other charges Wednesday against producer Drew S. Levin and several former associates. Levin, a 25-year industry veteran whose credits range from That's Incredible! and Totally Hidden Videos to reality TV projects, is accused with regard to Team Communications Group Inc., a production company where he served as CEO. Levin's attorney issued a statement calling the charges "without merit" and accused the SEC of delaying on filing these charges for more than four years. "We will use this opportunity to pursue through the federal court the additional facts that will prove that Mr. Levin is absolutely blameless on all the claims the SEC asserts," defense attorney Peter Sheridan said. "The sales that the SEC bases its claims on are five- and six-year-old contracts entered into by Team's subsidiaries and were known to Team's auditors and counsel." »

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1 item from 2005