Judge Puts Off Enron Settlement Ruling

Law360, New York (March 3, 2008, 12:00 AM EST) -- For Enron Corp. shareholders, the saga that began seven years ago with the massive fraud at the energy company could draw to a close any day, as a district court judge is poised to rule on the distribution plan for the $7.2 billion settlement reached in the class action litigation.

A federal judge on Friday delayed a decision on whether to approve a plan to distribute the money, part of a $40 billion lawsuit alleging that financial institutions that worked with Enron participated in the accounting...
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