Printer Accused of Financial Misdeeds

SEGUIN, TX—The former leader of two media-based companies, one of them a printing plant, has been charged with first- and third-degree felonies, including misusing employee 401(k) plans and providing false information to a bank, the Austin Business Journal reported.

James Michael Story was indicted in Guadalupe County Court on charges that he misused in excess of $20,000 from the 401(k) plans between 2003 and 2006, according to the paper. Story owned Story Communications (now defunct) and its printing branch, Webstar.