Heartland Head Indicted

MacFadyen, Ken
April 2007
Investment Dealers' Digest;4/2/2007, Vol. 73 Issue 13, p4
Trade Publication
The article reports on the indictment of David Stockman, chief executive officer of Heartland Industrial Partners LP in May 2007. Stockman was indicted on federal charges that he falsely and fraudulently inflated earnings before interest, taxes, depreciation and amortization and operating income for Collins & Aikman Corp., an automobile parts supplier owned by Heartland. Stockman's attorney Elkan Abramowitz commented on the charges saying that it is a misguided attempt.


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