Enron Remnants, Hewitt End $9M Settlement Battle

Law360, New York (May 12, 2011, 1:03 PM EDT) -- A Texas federal judge on Wednesday signed off on a resolution between the remnants of Enron Corp. and human resources firm Hewitt Associates over a $9.15 million shortfall in a settlement fund for former employees caused by a mistake in calculation by the settlement administrator.

The settlement fund was set up to compensate former Enron employees who lost their retirement funds when Enron went bust in 2001.

Details of Hewitt's deal with Enron Creditors Recovery Corp., the Enron Savings Plan and its administrative committee, approved by...
To view the full article, register now.




Case Information

Case Title

Tittle, et al v. Enron Corp, et al

Case Number



Texas Southern

Nature of Suit

791(Labor: E.R.I.S.A.)


Judge Melinda Harmon

Date Filed

November 13, 2001

Law Firms


UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.