Former L-3 President Opening Biometrics Investment Firm

Robert V. LaPenta left L-3 Communications Corp. as president and chief financial officer in April, but he's taking his "L" with him. LaPenta, who founded L-3 in 1997 with Frank C. Lanza and Lehman Brothers, last week announced formation of L-1 Investment Partners of Stamford, Conn., a private firm...

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