Darth Vader, Disclosures, and Chapman Capital

I’m a tireless reader of corrections in the financial press and so I thought I had seen it all. But this correction from today’s WSJ concerning a recent Money & Investing story is a classic:

Corrections & Amplifications

Chapman Capital LLC didn’t state in a 13D filed with the Securities and Exchange Commission that it had earned $1.4 million from trading in Footstar stock. The $1.4 million estimate in a Jan. 28 Money & Investing article actually was taken from an article on TheStreet.com and should have been attributed properly. Chapman Capital hasn’t specified the correct number.

The offices of Robert Chapman, head of the firm, aren’t decorated with sharks teeth and he doesn’t liken himself to the fictional characters Darth Vader and the Terminator, as incorrectly stated in the Jan. 28 article.

The article incorrectly attributed certain comments to a representative of the firm who had been identified as Robert Lewis; after publication, Mr. Chapman said he had made those comments himself.

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