Enron creditors seek remedies from benefits firm
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Enron Corp creditors said on Thursday they have filed court documents seeking remedies from benefits outsourcing firm Hewitt Associates Inc  for mistakes made in allocating funds from legal settlements stemming from the energy trader's collapse.
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The Supreme Court considered the proper standard to prove securities fraud Wednesday, a key question as investors seek to recoup billions in damages after the collapse of major companies such as Enron Corp.
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HOUSTON The former finance chief of fallen energy giant Enron and the man who replaced him when he was forced out are among about 50 potential witnesses for the defense phase of the fraud and conspiracy trial.
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Swiss bank UBS agreed to pay Enron Corp. creditors $115 million in cash to settle a lawsuit related to equity transactions, the successor to the bankrupt energy trader said on Wednesday.
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Enron Corp.'s (ENRNQ.PK) former director of investor relations has agreed to pay &#36;1.49 million to settle fraud charges related to the bankrupt energy company, U.S. securities regulators said on Wednesday.
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_ An alleged side deal between Enron Corp. and Merrill Lynch &amp; Co. in 1999 shows how Enron was willing to employ suspect financial practices to meet lofty earnings targets, prosecutors said.
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The automated signature machine did it. Attorneys for Kenneth Lay suggested bank loan documents containing terms he allegedly violated actually were signed by an automatic signature device in the Enron Corp. founder&#039;s office and not by him.
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Defendants on trial in the first Enron Corp. criminal case may seek to call former Enron Corp.  financial mastermind Andrew Fastow as a witness to aid their defense, according to documents submitted by defense lawyers on Friday.
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HOUSTON -- It was one of the more spectacular corporate bankruptcies ever: Enron Corp. , once the seventh-largest company in the country, felled by intricate and illegal accounting tricks.
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Over 17,000 former Enron or Enron-affiliated workers, who had money tied to four pension plans when the company collapsed in 2001 amidst revelations of accounting fraud, will receive their benefit payments.
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Enron Corp.'s former director of  investor relations has agreed to pay $1.49 million to settle  fraud charges related to the bankrupt energy company, U.S.  securities regulators said on Wednesday.
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Citigroup (C) faces a lawsuit from angry investors who say they were defrauded in a &quot;massive scheme of deception&quot; when they bought securities tied to the credit-worthiness of bankrupt energy trader Enron (ENRNQ).
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- Enron Corp. on Tuesday said it distributed about $3.37 billion to its creditors, taking the total distribution since November 2004 to $9.40 billion.
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The Supreme Court yesterday declined to hear an appeal by Enron investors suing major banks that allegedly helped the Houston company disguise its financial problems, all but closing the door on efforts by shareholders to hold third parties responsible for crippling stock losses.
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Defendants on trial in the first Enron  Corp. criminal case may seek to call former Enron Corp.  ENRNQ.PK financial mastermind Andrew Fastow as a witness to  aid their defense, according to documents submitted by defense  lawyers on Friday.
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The government&#39;s pension insurance agency yesterday called on Congress to strengthen its hand in seeking to attach assets of bankrupt companies to protect those companies&#39; pension plan
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Three former bankers are due in court to face an extradition hearing in connection with the collapsed energy giant Enron.