Arthur Andersen to Pay $73M In Enron Deal
Court Alerts
[##_1L|1250581013.jpg|width="90" height="119" alt=""|_##]A US federal judge has approved a settlement under which Arthur Andersen will pay $72.5 million to investors who sued the firm for its involvement in the Enron scandal. US District Judge Melinda Harmon signed an order approving the settlement, ending the former accounting giant's involvement in a $40 billion class action lawsuit.
The University of California Board of Regents is the main plaintiff in the case and has already received over $7.3 billion from JPMorgan Chase, Citigroup and the Canadian Imperial Bank of Commerce. Merrill Lynch and Credit Suisse Group were also sued in the case, but they are seeking a ruling that the case should never have been certified as a class action.
The US Supreme Court overturned a 2002 obstruction of justice conviction against Arthur Andersen for its involvement in the fallout of Enron, but the ruling did not come in time to save the accounting firm which is no longer in operation.
Related listings
-
One Vt. sugar maker takes fight to U.S. court
Court Alerts 03/11/2007Berndt, 56, owns the Maverick Farm in Sharon, a 16,000-tree property that's one of the largest maple producers in the state. He's planning on sugaring another 20 years before passing the property on to his children or a conservation group. But warmer...
-
Court Calls District Gun Laws Unconstitutional
Court Alerts 03/09/2007[##_1L|1095539745.jpg|width="120" height="88" alt=""|_##]The US DC Circuit Court of Appeals Friday invoked the Second Amendment to reverse a lower court ruling and strike down a three-decades old ban on individuals in the District of Columbia having ...
-
Failed Abortion Sparks Child Care Lawsuit
Court Alerts 03/07/2007A woman who had an abortion but still gave birth has filed a lawsuit against two doctors and a family planning organization seeking the costs of raising her child. The complaint was filed by Jennifer Raper, 45, last week in Suffolk Superior Court and...
Is Now the Time to Really Call a Special Education Lawyer?
IDEA, FAPE, CHILD FIND and IEPs: The Individuals with Disabilities Education Act (IDEA) guarantees all children with disabilities to a free appropriate public education (FAPE). FAPE starts with a school’s responsibility to identify that a child has a disability (Child Find) and create an Individualized Education Program (IEP) to suit the needs of the child.
Forte Law Group is one of only a very few law firms within the state of Connecticut that is dedicated to exclusively representing families and children with special needs.
Parents need to be persistent, dedicated and above all else aware of the many services and accommodations that their child is entitled to under the law. As early as this point within your child’s special education, many parents will often find themselves in the situation asking, “is now the time to really call a special education lawyer?” Here are a few things to consider when asking yourself that question.