At a Monday hearing where Jeffrey Skilling continued to proclaim his innocence, U.S. District Judge Sim Lake sentenced the former Enron CEO to more than 24 years in prison, a term at the low end of a range set by federal sentencing guidelines. In May, a jury found Skilling guilty of 19 criminal charges stemming from Enron's collapse. Lake also approved a settlement that would provide money to plaintiffs in litigation filed by shareholders and employees who lost money through Enron's retirement plans.
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Former Enron CEO Jeffrey Skilling Sentenced to 24 Years in Prison
Texas Lawyer
October 24, 2006
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