Alumnus Calls Off $1M Gift to Kent State

An alumnus called off a planned $1 million donation to Kent State University after the student newspaper there started looking into inquiries by the U.S. Securities and Exchange Commission into his business 12 years ago, The Plain Dealer of Cleveland reported. The withdrawal came a day before the university was to honor the donor at a men's basketball game. The student newspaper's article about its investigation may be found here.