Kenneth_lay With the unexpected death of former Enron CEO, Kenneth Lay, the criminal conviction against him, that was expected to result in a prison sentence, now stands void. Efforts to get restitution for victims of his fradulent practices through criminal proceedings are also no longer possible after his death.

However, the civil cases against him will not be affected and will proceed against his estate.

Kenneth Lay's death is also not likely to have an impact on the sentence or appeal of former Enron CEO Jeffrey Skilling.

July 6, 2006 / category: Investor / link / comments (0)

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