Ex-WorldCom CEO Ebbers' conviction affirmed
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A federal appeals court in New York on  Friday affirmed the conviction of former WorldCom Inc. Chief  Executive Bernard Ebbers for orchestrating an $11 billion  accounting fraud that led to the largest U.S. bankruptcy.
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Worldcom boss goes to prison Worldcom ex-CEO Bernie Ebbers starts a 25-year prison sentence today for his role in the $11bn collapse of the firm.â¦
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A federal judge agreed Tuesday to delay former WorldCom Inc. chief executive Bernard J. Ebbers's trial until January to give his lawyers more time to prepare his defense.-The Washington Post
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The former finance chief of WorldCom Inc. testified Thursday that the company called off 2001 merger talks with Verizon after he and CEO Bernard Ebbers worried Verizon officials would discover WorldCom's cooked books.
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WorldCom's former finance chief testified yesterday that he warned CEO Bernard Ebbers at a 2001 dinner meeting that accountants would have to classify expenses as assets to meet Wall Street expectations.
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NEW YORK -- A federal judge has delayed the trial of former WorldCom chief Bernard Ebbers until January 17th. The trial had been set to start November Ninth.
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Former Worldcom boss Bernard Ebbers will start his prison term on Tuesday for his role in an $11bn fraud case.
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Former WorldCom Inc. chief Bernard Ebbers orchestrated an $11 billion accounting fraud and then told "lie after lie after lie" about the telecommunication company's crumbling finances to protect its stock price and his own personal fortune, a prosecutor said yesterday in opening statements at Ebbers's trial.
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Potential jurors for the trial of former WorldCom Inc. chief Bernard Ebbers were asked Wednesday whether they had financial ties to the company and what they had read in the media about the case.
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Randall Schwartz, a former Intel contractor, has been cleared of a conviction for hacking into Intel systems
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The former finance chief of WorldCom Inc. testified Monday he worked with CEO Bernard Ebbers to falsify the company's books, describing his ex-boss as a micromanager fanatical about controlling expenses.
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Two WorldCom Inc. accountants agreed  to cover up $800 million in expenses only after learning that  Chief Executive Bernard Ebbers refused to warn investors that  profits were worse than expected, they testified at Ebbers'  fraud trial on Wednesday.
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Former WorldCom Inc. finance chief  Scott Sullivan began his long-awaited testimony on Monday by  implicating ex-CEO Bernard Ebbers in an $11 billion accounting  scandal that drove the telecommunications company into the  largest U.S. bankruptcy.
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BRUSSELS  - U.S. giant WorldCom, now called MCI Inc., won a moral victory Tuesday when a European court ruled that European Union antitrust regulators should not have issued an order blocking its aborted &#36;127-billion-US bid in 2000 for telecom rival Sprint Corp.
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For the governmentÂs star witness in its case against Bernard J. Ebbers, the former chief of WorldCom, last weekÂs court appearance may seem like a breeze compared with the cross-examination he faces this week.
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NEW YORK, Sept. 7 -- A federal judge has ordered former WorldCom Inc. chief executive Bernard J. Ebbers to report to prison on Sept. 26 to begin serving a 25-year sentence for accounting fraud.
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A federal judge approved a $2.575 billion settlement of a class-action lawsuit by WorldCom investors who claimed they were defrauded by Citigroup, the second-largest settlement ever in a securities fraud case.