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News Link • Justice and Judges

Judge ends Enron shareholder lawsuit against banks

• Reuters
Exactly eight years after Enron Corp filed for bankruptcy protection, a federal judge has dismissed a lawsuit by investors against banks they accused of helping the energy company commit fraud.

Wednesday's dismissal by U.S. District Judge Melinda Harmon in Houston federal court came after Enron investors had already obtained $7.2 billion of settlements, a record for U.S. class-action litigation according to Cornerstone Research.

1 Comments in Response to

Comment by Patriot 2012
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Another Very Reason, to NEVER EVER put your money into these sort of companies! Todays Companies mostly are greedy and you will never ever see your money again! We are all fools in today world to gamble any of our hard earned money into the market. Only those that know how to, will munipulate! 

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