National Century Execs' Lose Bid For Acquittal

Law360, New York (March 5, 2008, 12:00 AM EST) -- Former executives of bankrupt National Century Financial Enterprises Inc., who are standing trial in Ohio for fraud, will continue their defense after a federal judge ruled against their request for acquittal.

Judge Algenon L. Marbley issued an order Tuesday in the U.S. District Court for the Southern District of Ohio denying the defendants' Rule 29 motion for acquittal, finding that the government had presented enough evidence for the trial to proceed.

An attorney for the defendants could not be reached for comment Wednesday.

Following four weeks...
To view the full article, register now.

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.