Former Enron Execs Settle SEC Fraud Allegations

Law360, New York (August 7, 2007, 12:00 AM EDT) -- A pending civil suit brought by the U.S. Securities and Exchange Commission against two former Enron Corp. executives has been put to rest, with the pair agreeing to pay disgorgements and civil penalties in return for the dismissal of all fraud allegations, the SEC said Monday.

The SEC filed its civil complaint against Jerry K. Castleman, a former accountant and vice president and chief accounting officer of Enron South America, and Kathleen M. Lynn, former senior vice president of Enron International, in October 2006 in the...
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