SOURCE: Insomniac

Insomniac

September 27, 2013 16:42 ET

Insomniac Issues Statement Regarding Dismissal of Four Embezzlement Charges Against Insomniac CEO, Pasquale Rotella

LOS ANGELES, CA--(Marketwired - Sep 27, 2013) - In response to Los Angeles County Superior Court Judge, Kathleen A. Kennedy's, decisive ruling clearing Los Angeles based event producer and Insomniac CEO, Pasquale Rotella, of four embezzlement charges against him, Rotella's attorney, Gary Jay Kaufman, has issued the following statement:

"We are extremely pleased with the Court's ruling this morning. The ruling confirms what we've maintained from day one -- that Mr. Rotella didn't steal a penny from the Coliseum -- he paid money.

Now almost two years since the beginning of this investigation, two civil judges and one criminal judge have come to this same conclusion.

Today's ruling is a giant step toward what we expect to be a full and complete exoneration of Mr. Rotella."

About Insomniac
Insomniac produces innovative music festivals and events featuring immersive multisensory environments enhanced by state-of-the-art lighting and sound design, large-scale art installations, interactive circus and theatrical performances, boundary-pushing special effects and pyrotechnics, and fan participation. The quality of our fans' experience is the company's top priority. Insomniac's premier annual event, Electric Daisy Carnival, is one of the largest, most spectacular music festivals in the world. Insomniac has produced more than 250 music events and for more than 3 million attendees in California, Nevada, Colorado, Washington, Texas, Florida, New York, and Puerto Rico. Founded by Pasquale Rotella, Insomniac has been based in Los Angeles since it started in 1993.

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