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Enron's former investment banks and auditor are facing a potential nightmare in Alabama state court. A case brought by Alabama's retirement fund claims $75 million in losses as a result of Enron's meltdown. The plaintiff's firm likes its chances of victory. Notably, two of its partners have played key roles in drafting and shaping Alabama securities law over the last 30 years. Not especially good news for the defendants.
October 09, 2002 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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