We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Fallen Adelphia Execs Bid To Toss Fraud Convictions

Law360 (June 14, 2006, 12:00 AM EDT) -- Less than two years after being slapped with securities fraud charges, Adelphia Communications Corp. founder John Rigas and his son Timothy are seeking absolution, this week asking a federal appeals court to overturn their convictions for their roles in the massive accounting fraud scandal that felled the telecommunications giant.

The disgraced founder Rigas and his son, Adelphia's former chief financial officer, are both free on bail pending the outcome of their appeals following last year’s sentencing.

The Adelphia scandal broke in 2002, when federal prosecutors filed...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.