A federal judge has dismissed charges against a third defendant in a problematic Enron-related case marred by overturned convictions and flawed legal theory. But even with the dismissal, former Merrill Lynch executive James A. Brown could still return to prison on two other convictions that were not overturned. In 2004, Brown and two other executives were convicted of conspiracy and wire fraud, accused of helping push through Enron's sham sale to Merrill Lynch of three power barges moored off the Nigerian coast in 1999.
September 20, 2010 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
A judge on Thursday dismissed charges against a third defendant in a problematic Enron-related case marred by overturned convictions and flawed legal theory.
The motion by prosecutors to have charges against former Merrill Lynch executive James A. Brown dismissed was granted just days before a retrial was to begin on Monday. The charges were originally overturned in 2006 on appeal.
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