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Eron (Accounting Scandal (Enron's involvement with JEDI (Transactions…
Eron
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Aftermath
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September 2008 - A class action lawsuit filed by shareholders and investors is settled in federal court. The $7.2 billion settlement will be paid out by a group of banks accused of participating in the accounting fraud scheme"
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Key Players
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Kenneth Lay: Ex-CEO
11 Charges including conspiracy, securities fraud, wire fraud, bank fraud and making false statements.
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