Ex-Enron Broadband Executive Sentenced for Insider Trading

Former Enron Broadband Services executive Rex Shelby was sentenced today…. Shelby, 59, pleaded guilty to one count of insider trading and was sentenced to three months in a federal halfway house and three months of house arrest. Shelby will also forfeit about $2.6 million in profits from the illicit trade.

Ex-Enron Broadband Executive Sentenced for Insider Trading — Bloomberg

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