June 23, 2013
by Blake Lynch
Judge Simeon Lake of the US District Court for the Southern District of Texas on Friday reduced the prison sentence of former Enron CEO Jeffrey Skilling from more than 24 years in prison to 14 years. As a term of the deal reached between Skilling and the government, more than $40 million of ...[read more]
August 6, 2012
by Sung Un Kim
The US Court of Appeals for the Seventh Circuit on Monday upheld a lower court's denial of motion submitted by former Illinois governor George Ryan seeking his release from prison. Ryan argued that he was convicted under pre-Skilling v. United States jury instructions and thus he should be ...[read more]
April 16, 2012
by Jamie Reese
The US Supreme Court declined review in the case of former Enron CEO Jeffrey Skilling on Monday. The court, without any comment, allowed to stand the decision of the US Court of Appeals for the Fifth Circuit, which ruled the errors were harmless and rejected Skilling's challenge to his conviction... ...[read more]
March 28, 2012
by Katherine Bacher
On March 28, 2011, the US District Court for the Southern District of Texax sentenced former Enron Broadband Services executive, Rex Shelby, to two years of probation on charges of insider trading. His sentencing marked the end of an eight-year criminal investigation of Enron executives regarding ...[read more]
November 15, 2011
by Jonathan Cohen
JURIST Guest Columnist Bruce Aronson of Creighton University School of Law says that recent corporate scandals in Japan highlight the need for the reform of that country's corporate governance structure, just as the Enron case did in the US...It has been two tough years for Japanese corporate ...[read more]
August 13, 2011
by Daniel Richey
A federal appeals court on Friday upheld the conviction of ex-Merrill Lynch executive James Brown stemming from his role in the Enron fraud scandal. Brown was indicted on five counts in 2003 stemming from a 1999 transaction in which Merrill took a $28 million equity interest in a facility of ...[read more]
July 4, 2011
by Clay Flaherty
On July 4, 2006, Enron founder Kenneth Lay died after suffering a massive heart attack in Aspen, Colorado. Lay, along with former Enron executive Jeffrey Skilling, had been convicted in May 2006 on charges of fraud and conspiracy. They had both provided investors with false and misleading ...[read more]
June 14, 2011
by Clay Flaherty
On June 14, 2005, JPMorgan Chase agreed to pay $2.2 billion to settle with investors over claims that shareholders were misled about Enron Corporation revenue because JPMorgan hid the company's debt. The announcement followed Citigroup's decision to settle an Enron-related class action lawsuit for ...[read more]
April 7, 2011
by Sarah Paulsworth
The US Court of Appeals for the Fifth Circuit ruled Wednesday that errors in the prosecution's case against former Enron CEO Jeffrey Skilling are harmless, denying Skilling a new trial. The court, however, went on to vacate the original sentence against Skilling and remand for resentencing due to ...[read more]
March 28, 2011
by LaToya Sawyer
A federal judge sentenced former Enron Broadband Services executive Rex Shelby to two years probation Monday on charges of insider trading. The sentencing marks the end of an eight-year long criminal prosecution of Enron executives linked to investment fraud that caused the fall of Enron Broadband ...[read more]

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