SHAREHOLDER SPARK IS DEMOED
We headed straight to the apartment residence of Peter Laventhol, Owner Spark Management LP. Recently it was announced that several institutional investors have sold their shares and separated themselves from the horrible cruelty that goes on at Huntingdon Life Sciences.
Peter Laventhol, who has control over all of the investments of Spark Management, sold approximately two thirds of his stake in LSR, for which activists are very appreciative. However, with his remaining investment of 18,900 shares of LSR stock (Huntingdon Life Sciences); Spark is the largest remaining institutional investor. Since the other investors which included Wachovia, Axa, Deutschebank, SAC Capitol, AIP, Transamerica and Frontier have all sold out, WAR can now focus all of their attention on Spark.
The protest took place as MOMA (Museum of Modern Art), one of New York Citys premier museums was very busy with visitors entering and leaving. Laventhols apartment is a half block away from one of MOMA's busiest entrances. Posters were displayed showing the bloody mutilated remains of beagle puppies and primates killed at Huntingdon Life Sciences to test products like Spenda and Viagra. Museum goers and Laventhols neighbors recoiled from the gruesome pictures but promised to call Peter Laventhol to ask him to divest his murderous shares in LSR.
WAR activists have pledged that if Spark remains the largest institutional investor they will be at Laventhols home and the Spark offices on 58th Street with a regular and possibly daily presence until the remaining 18,900 shares are sold.