Trial Of National Century Head To Proceed

Law360, New York (September 24, 2008, 12:00 AM EDT) -- A federal judge has refused to drop charges against the former chief executive of National Century Financial Enterprises Inc. for his alleged involvement in a $2 billion fraud scheme to deceive investors about the financial health of the company that collapsed in 2002.

In a ruling handed down Sept. 22, Judge Algenon Marbley of the U.S. District Court for the Southern District of Ohio rejected Lance K. Poulsen's arguments that the charges against him should be dismissed because the government prejudicially delayed its effort to seek...
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