Enron To Fork Over $134M For Workers, Retirees

Law360, New York (February 17, 2006, 12:00 AM EST) -- Enron Corp.’s workers and retirees will receive approximately $134 million under the defunct energy company’s settlement of government and employee claims, the U.S. Department of Labor announced.

The figure is nearly 38% of the $356.25 million Enron agreed to pay in summer of 2005 on claims made by the department and the company's retirement plan participants.

"This agreement secures $134 million in cash, which will be distributed to workers and retirees through their retirement plans. The department will not rest until we have done everything we...
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