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Judge: Enron Pension Suit Can Go Forward

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NashVegas Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-01-03 10:40 PM
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Judge: Enron Pension Suit Can Go Forward
Current and former Enron Corp. employees will be allowed to proceed with a lawsuit that contends the bankrupt energy trader didn't meet its duties in administering the company's pension plan.

In a 329-page order released Wednesday, U.S. District Judge Melinda Harmon denied motions by Enron and its former chief executive, Kenneth Lay, requesting the claims against them be dismissed.

However, Harmon did dismiss claims that cited the federal Racketeer Influenced and Corrupt Organizations Act, known as RICO, against a number of other Enron officials, including former chief executive Jeff Skilling and former chief financial officer Andrew Fastow.


http://story.news.yahoo.com/news?tmpl=story&ncid=&e=4&u=/ap/20031002/ap_on_bi_ge/enron_pension_lawsuit
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Nottingham Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-02-03 12:21 AM
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1. Well its about Freakin time
:bounce:
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