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Join the Securities Litigation and Enforcement Group on LinkedInFrom Enron to FTX: Who is John Jay III, the New CEO of Bankrupt Exchange FTX?
John Jay Ray III, who led disgraced energy titan Enron through rocky bankruptcy proceedings and a slew of settlements in the early-mid 2000s, has taken over as CEO at beleaguered crypto exchange FTX. Now-former CEO Samuel Bankman-Fried, who led FTX to its major international crypto presence, resigned the same day as the company’s bankruptcy filing, […]
Enron Scandal Executives, 20 Years Later: Where Are They Now? – Bloomberg
It’s been 20 years, to the day, since Enron Corp. filed for bankruptcy, marking one of the most spectacular financial collapses in history and forever cementing its legacy as the posterchild of corporate fraud. *** Here’s a look at some of the prominent players in the scandal—both fallen executives and those who investigated them—and where they are now: Source: Enron […]
Jeffrey Skilling released after 12 years in prison for role in Enron scandal – Houston Chronicle
Jeffrey K. Skilling, the former Enron CEO who spent the past 12 years in prison for his role in masterminding one of most notorious corporate fraud cases in history, was released from federal custody on Thursday, the Bureau of Prisons said. via Jeffrey Skilling released after 12 years in prison for role in Enron scandal […]
Former Enron CEO Jeffrey Skilling Has Been Released from Prison – Houston Public Media
Former Enron executive Jeffrey Skilling has been released from prison. Skilling has been sent to a halfway house in Texas, according to the Federal Bureau of Prisons. via Former Enron CEO Jeffrey Skilling Has Been Released from Prison – Houston Public Media.
What Robert Mueller Learned From Enron – The New York Times
As I talked with Mr. Mueller’s former Enron Task Force colleagues in recent weeks, it became clear to me that he believes the Enron team was successful — and understands why. That means his special counsel team will probably move more slowly than people anticipate. But it might also shock people with its aggressive investigative […]
Enron’s Legacies, a Decade and a Half Later | The D&O Diary
Fifteen years ago this month, the once high-flying energy company Enron completed its massive collapse when it filed a petition for bankruptcy protection. In his interesting December 2, 2016 post on the Harvard Law School Forum on Corporate Governance and Financial Regulation (here), Michael Peregrine of the McDermott, Will & Emery law firm takes a […]
Enron Still Matters, 15 Years After Its Collapse – The New York Times
Where were you on Dec. 2, 2001? It is not a cocktail party icebreaker question, but rather a test of perspective and experience. Because 15 years ago on that day, the energy giant Enron filed for bankruptcy protection, prompting a chain of seminal legislative, regulatory and public policy developments that influence corporate governance practices to […]
Former Enron CEO Jeff Skilling may leave prison by 2017
Proposed agreement will require Skilling to give up remaining rights to appeal and his 2006 convictions on 19 criminal counts will stand.
DOJ Discloses it May Reduce Former Enron CEO Skilling’s Prison Sentence – Compliance Week
A notice posted on the Justice Department’s website yesterday indicates that the DOJ is is considering entering into a sentencing agreement with former Enron CEO Jeffrey K. Skilling that would reduce his sentence. In 2006, Skilling was convicted on fraud and conspiracy charges related to the fall of Enron, and sentenced to 24 years in prison. via DOJ Discloses […]
Enron Ex-CEO Seeks Retrial on ‘New Evidence,’ Lawyer Says
Former CEO Skilling to seek new trial based on “newly discovered evidence.”