Former Enron broadband executive gets 2-year sentence Michael Sung at 3:39 PM ET
[JURIST] The US District Court for the Southern District of Texas sentenced Enron [JURIST news archive] Broadband Services former COO Kevin Hannon to two years in prison Monday. Hannon, who was charged along with four other former Enron executives and mid-level employees for conspiracy, fraud and insider trading, faced a maximum sentence of five years in prison for misrepresenting Enron's broadband network [JURIST news archive] to be more advanced than it actually was to boost Enron's stock prices.
Paper Chase is JURIST's real-time legal news service, powered by a team of 30 law student reporters and editors led by law professor Bernard Hibbitts at the University of Pittsburgh School of Law. As an educational service, Paper Chase is dedicated to presenting important legal news and materials rapidly, objectively and intelligibly in an accessible, ad-free format.