KCM – Kornitzer Capital Management

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KCM Sanctioned for Willful Violations – A Timeline

Kornitzer Capital Management (KCM) and its CEO, John Kornitzer, were sanctioned by the SEC on Dec 10 for failing to reduce high concentrations in securities of a single company held by four funds managed by KCM. The following timeline illustrates the severity of the mismanagement: John Kornitzer, portfolio manager at the time for [...]

2019-12-11T16:07:34-06:00December 11th, 2019|Investor Law, KCM - Kornitzer Capital Management|

SEC Censures and Fines Kornitzer Capital Management

On December 10, Kansas-based Kornitzer Capital Management (KCM) and its CEO, John Kornitzer, were sanctioned by the SEC for “repeated failures to follow client instructions to reduce high concentrations in securities of a single company”. According to the SEC and investor complaints, KCM, directed by John Kornitzer, invested heavily in Lions Gate Entertainment, starting [...]

2019-12-11T15:05:13-06:00December 10th, 2019|Investor Law, KCM - Kornitzer Capital Management|