Producer Merv Griffin’s wholly owned Griffin Co....
Producer Merv Griffin’s wholly owned Griffin Co. amended a lawsuit against Donald Trump to allege that the controlling shareholder in Resorts International has schemed to depress the value of the casino operator’s shares “and lock up his control in order to acquire Resorts on the cheap.†The amended suit alleges that the New York financier withheld material information about the value of Resorts and its properties, misleading the public and government agencies in order to acquire at a depressed price the 88% of the Class A stock now in public hands. Griffin has bid $295 million for all the Resorts stock.
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