Lord Black sued by SEC

The U.S. Securities and Exchange Commission has filed fraud charges against Canadian-born Conrad Black, the former chairman and CEO of Hollinger International, accusing him of “cheating and defrauding shareholders.”

Also charged is David Radler, Hollinger’s former president and chief operating officer.

This continues a controversy surrounding Lord Black’s handling of the company, as reported earlier earlier in the forums:
Telegraph ownership case reaches court
Hollinger increases claim against Black