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A Texas jury's guilty verdict against a former Enron employee and four ex-Merrill Lynch employees for fraud and conspiracy has set the stage for a trial against former Enron executives Ken Lay and Jeff Skilling. The partial prosecutorial victory marked the first attempt to criminally convict former employees and bankers for the energy company -- and, in the words of one lawyer, constitutes "a big win" that will aid other prosecutions.
November 08, 2004 at 12:00 AM
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The original version of this story was published on Law.Com
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