Two Missouri men and their two accomplices have been indicted by a federal grand jury for a nationwide email spamming scheme that targeted more than 2,000 colleges and universities.
Through the spamming scheme more than $4 million worth of products were sold to students, according to Matt J. Whitworth, Acting United States Attorney for the Western District of Missouri.
Allman Brothers Sue Universal Over Digital Downloads
The Allman Brothers Band has filed a lawsuit against Universal Music Group (UMG) for around $13 million over royalties from CDs and digital downloads.The lawsuit seeks payment for some of the Southern rock group’s songs recorded for its first label Capricorn Records, from 1969 to 1980, when the band had such hits as "Melissa," "Ramblin’ Man," and "Midnight Rider."
Lehman Brothers Holdings’ Record Results
Lehman Brothers Holdings reported net income of $875 million, or $2.91 per common share (diluted), for the first quarter ended February 28, 2005.