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Times Staff and Wire Reports

Judge Opens Books to Hollywood Park Dissident: Ruling that dissident shareholder Marjorie L. Everett has uncovered evidence of possible mismanagement and “self-dealing” by Hollywood Park Inc. Chairman Randall D. Hubbard, a Delaware judge has ordered the company to provide Everett with detailed records of several controversial transactions that Hubbard has initiated in recent years. Everett, whom Hubbard ousted from the chairmanship in a bitter shareholder battle in 1991, has criticized Hubbard for several deals, including the company’s 1994 purchase of the Woodlands racetrack in Kansas, of which Hubbard was the majority owner. An attorney for Hollywood Park dismissed the ruling as insignificant and said the company would quickly turn over the information.

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