SEC Charges Former In-house Counsel of Enron with Fraud

As part of a continuing investigation, in a civil action filed on March 28, 2007 in the United States District Court for the Southern District of Texas, the SEC charged two former in-house attorneys of Enron in connection with a scheme to make material misrepresentations and omissions in connection with Enron’s public filings. The complaint charges violations of the federal securities laws, aiding and abetting Enron’s violations of the antifraud and periodic reporting provisions of the securities laws, and aiding and abetting violations of inside trading by Enron’s then Chairman, Kenneth Lay.

For more, see the complaint filed in SEC v. Mintz et al.

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One Response

  1. It was always only a matter of time before this had to come to pass. With the unimaginably complex paperwork it would have taken to set this monumental fraud in motion, legal skiill off the top shelf would have to had to be engaged for participattion..

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