Lions Gate Files New Complaint Against Icahn Over MGM Studios

Dec. 6 (Bloomberg) -- Lions Gate Entertainment Corp. filed an amended complaint against billionaire Carl Icahn, reiterating that he was “secretly plotting” to profit from merging the studio with Metro-Goldwyn-Mayer Inc. while telling investors the deal would be a “debacle.”

Icahn should correct his misstatements, compensate Lions Gate investors and pay damages for interfering in the company’s plans, the studio said in a Dec. 3 filing in U.S. District Court in Manhattan.

Link to Company News:{562340Q US <Equity> CN <GO>} Link to Company News:{IEP US <Equity> CN <GO>} Link to Company News:{LGF US <Equity> CN <GO>}

To contact the reporter on this story: Linda Sandler in New York at lsandler@bloomberg.net

To contact the editor responsible for this story: Charles Carter at ccarter12@bloomberg.net