The cover of the Dec. 25 edition of Powersports Business magazine has the wrong person shown in a photograph accompanying the story "Piaggio chairman found guilty in bankruptcy case."
The photo was supposed to show Roberto Colaninno, the Piaggio & C. SpA chairman who was sentenced to prison in December after an Italian court found him and two others guilty of practicing "preferential bankruptcy" in a case related to a failed real estate and hotel company. The decision can be appealed and Colaninno has said he is "convinced of the honesty and legality of the decisions" that he was involved in.
In addition to alerting readers via its enews, Powersports Business also will print a correction in its next edition. We regret the error.