AGs Side With Shareholders In Enron Case

Law360, New York (January 10, 2007, 12:00 AM EST) -- A handful of Wall Street investment banks should be held accountable for their role in the Enron Corp. accounting fraud, according to a motion filed by the attorneys general of 30 states.

The states have taken the side of Enron shareholders in a 28-page brief written by Texas Attorney General Greg Abbott and filed in the U.S. Court of Appeals for the Fifth Circuit.

In addition to Abbott, attorneys general from Alabama, Arizona, Arkansas, California, Connecticut, Georgia, Hawaii, Illinois, Indiana, Iowa, Kentucky, Louisiana, Maryland, Michigan, Minnesota,...
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