Wednesday, June 26, 2013

Enron ex-CEO's prison sentence reduced

[JURIST] Judge Simeon Lake of the US District Court for the Southern District of Texas [official website] on Friday reduced [DOJ press release] the prison sentence of former Enron CEO Jeffrey Skilling [JURIST news archives] 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 Skilling's fortune, which has been frozen since his conviction in 2006, will be distributed to victims of Enron's...

Source: http://jurist.org/paperchase/2013/06/enron-ex-ceos-prison-sentence-reduced.php

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