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Former Enron employees are unlikely to recover much, if anything, of what they lost when the company's stock collapsed last year. That assessment comes from bankruptcy lawyers who say that the federal bankruptcy code considers the thousands of fired workers with Enron stock in their 401(k) accounts to be unsecured creditors. As such, they are low on the list of who gets paid.
February 13, 2002 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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