Merrill Execs Convicted In Nigerian Barge Case Released

Law360, New York (June 8, 2006, 12:00 AM EDT) -- Two former Merrill Lynch & Co. Inc. executives convicted for their roles in the Enron-related Nigerian Barge scheme have been released from prison by a judge in the U.S. Court of Appeals for the Fifth Circuit due to their pending appeals.

Daniel Bayly and Robert Furst, who were convicted of conspiracy and fraud along with two other former Merrill executives, were released after fellow defendant William Fuhs’ motion for release was granted by the same court on March 30.

The fourth defendant in the case, James...
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