May 25, 2006 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
In their sixth day of deliberations, a federal court jury in Houston found former Enron Corp. Chairman Kenneth Lay guilty of all six charges against him and former Chief Executive Officer Jeffrey Skilling guilty on 19 out of 28 charges that he faced. Jurors found Skilling not guilty of nine insider-trading charges against him.
Upon hearing the May 25 verdict, Skilling showed little emotion. Lay’s daughter and wife cried as the verdict was read. Sentencing is set for Sept. 11.
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