Word: deg
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Dates: during 1990-1999
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...World, Kings Road -- have either passed into bankruptcy or deep financial trouble. But none have burned through as much money in so short a time -- without even a near hit -- as De Laurentiis. Worse still, few if any ventures contained such a web of insider-enriching transactions. Stockholders of DEG, who saw their shares plummet from a peak of $19 to less than 40 cents, have responded with fiery class-action lawsuits. At the same time, DEG is suing De Laurentiis for $50 million, accusing its founder of fraud, misrepresentation and self-dealing...