A Houston judge may decide Wednesday whether to allow former Enron Corp. Chairman Kenneth Lay to have a separate trial from his alleged co-conspirators, former CEO Jeffrey Skilling and former Chief Accounting Officer Richard Causey. Lay’s attorney, who made the request on Monday, also requested that the trial, whether before a jury or not, begin by mid-September.
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Another Enron Exec Pleads Guilty, to Cooperate in Ongoing Investigation
Kenneth Rice, 45, who formerly was co-CEO of Enron Corp.’s broadband division, pleaded guilty on Friday to one count of securities fraud. He agreed to pay a $13.7 million fine, and now faces up to 10 years in prison. Sentencing is set for Jan. 31, 2005.
Another Enron Exec Pleads Guilty, to Cooperate in Ongoing Investigation
Kenneth Rice, 45, who formerly was co-CEO of Enron Corp.’s broadband division, pleaded guilty on Friday to one count of securities fraud. He agreed to pay a $13.7 million fine, and now faces up to 10 years in prison. Sentencing is set for Jan. 31, 2005.
Lay Pleads Innocent to 11 Criminal Charges
Kenneth Lay, once an icon of the energy industry and toast of Houston’s social community, on Thursday pleaded innocent to 11 criminal charges in connection with his actions at the failed company that he founded, Enron Corp. Lay, who, if convicted, faces charges that in total carry 175 years in prison and a fine of $5.75 million, also was charged by the Securities and Exchange Commission (SEC).
Lay Pleads Innocent to 11 Criminal Charges
Kenneth Lay, once the toast of Houston’s social community and referred to by President Bush as “Kenny Boy,” on Thursday pleaded innocent to 11 criminal charges in connection with his actions at the failed company that he founded, Enron Corp. Lay, 62, who faces charges that in total carry 175 years in prison if he is convicted, also was charged by the Securities and Exchange Commission (SEC).
Enron Task Force Issues Sealed Indictment Against Ken Lay
A sealed indictment was delivered Wednesday afternoon against former Enron Corp. Chairman and CEO Kenneth Lay, according to courthouse sources. The charges were to be disclosed Thursday when Lay, 62, apparently will surrender to authorities.
Enron’s Lay Says Indictment Would be ‘Great Miscarriage of Justice’
Former Enron Corp. Chairman and CEO Kenneth Lay admitted responsibility for his company’s bankruptcy last week, but he said he had not committed any crimes worthy of an indictment.
Enron’s Lay Says Indictment Would be ‘Great Miscarriage of Justice’
In an interview with The New York Times Sunday, former Enron Corp. Chairman and CEO Kenneth Lay admitted responsibility for the company’s bankruptcy, but said he had not committed any crimes.
Sources Suggest Enron’s Former Chairman to be Indicted Within Two Weeks
Kenneth Lay, long-time chairman of Enron Corp., is expected to be indicted on criminal charges within the next two weeks regarding his activities during the final months at the failed energy company, according to sources. If the indictment is handed out, it most likely would resolve the biggest work of the Enron Task Force’s two-and-a-half-year investigation.
Report Says Feds Reviewing Lay’s Comments in Months before Enron’s Bankruptcy
Former Enron Corp. Chairman Kenneth Lay is under the microscope by federal investigators to determine whether there are grounds to bring criminal charges against him, according to the Wall Street Journal.