Testimony concludes in ex-Enron executives trial

[JURIST] Testimony ended Monday in the trial of former Enron [JURIST news archive] executives Ken Lay and Jeffrey Skilling [Houston Chronicle profiles] as the defense team rested their case and the prosecution called only three rebuttal witnesses. Lay and Skilling are charged [indictment, PDF] with multiple counts of fraud and criminal conspiracy for providing investors with false and misleading financial information from 1999 up until Enron filed bankruptcy in late 2001.

Both Lay and Skilling took the stand in their own defense [JURIST report], vehemently denying the charges against them. Closing arguments begin May 15 and jury deliberations are scheduled to start May 17. AP has more. The Houston Chronicle has ongoing coverage of the trial.



 

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