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Former WorldCom CEO Ebbers begins prison sentence
September 26, 2006
'[JURIST] Former WorldCom CEO Bernard Ebbers began his 25-year prison sentence Tuesday in the Oakdale Correctional Complex federal prison in Louisiana. In July a federal appeals court affirmed his securities fraud conviction and rejected contentions....... [more] 
Appeals court affirms 25-year sentence for former WorldCom CEO Ebbers
July 28, 2006
'[JURIST] A federal appeals court Friday affirmed the securities fraud conviction and 25-year prison sentence handed down for former WorldCom CEO Bernard Ebbers. Ebbers appealed the 2005 district court determinations, saying the prosecution unfairly....... [more]
SEC settles civil lawsuits against former WorldCom execs
July 27, 2006
'[JURIST] The US Securities and Exchange Commission (SEC) said Thursday that it had reached settlements with former WorldCom CFO Scott Sullivan and six others for their roles in fraudulent adjustments and entries in WorldCom''s books and records. Mark....... [more]
Federal court hears Ebbers appeal of fraud conviction
January 30, 2006
'[JURIST] Lawyers for former WorldCom CEO Bernard Ebbers urged federal appeals court judges Monday to reconsider his 25-year prison sentence, questioning the fairness of the prosecution during trial proceedings. Ebbers was convicted of fraud and....... [more]
WorldCom institutional investors reach $651 million settlement
October 27, 2005
'[JURIST] Investment banks and other defendants associated with the WorldCom accounting fraud fallout have agreed to settle with a group of over 65 institutional investors for$651 million. The investors had opted out of a broader class action lawsuit....... [more]
MCI settles tax fraud claims with 16 states, DC
October 4, 2005
'[JURIST] MCI agreed Monday to pay$331 million to 16 states and the District of Columbia to settle allegations that the company illegally classified transfers between subsidiaries to avoid paying state taxes as part of the WorldCom accounting fraud. Two....... [more]
Ebbers petitions appeals court to throw out fraud convictions
September 30, 2005
'[JURIST] Attorneys for former WorldCom CEO Bernard Ebbers have filed a brief urging the US Second Circuit Court of Appeals to overturn fraud and conspiracy convictions against Ebbers saying his trial earlier this year was"fundamentally flawed," and....... [more]
BREAKING NEWS ~ Federal judge approves WorldCom settlements
September 21, 2005
'[JURIST] AP is reporting that a federal judge has approved settlements worth over$6 billion in civil litigation related to the WorldCom accounting fraud. 1:49 PM ET- Under the deals approved by District Judge Denise Cote, several corporate defendants....... [more]
Ebbers granted bail pending appeal; Ohio gets $94 million WorldCom settlement
September 7, 2005
'[JURIST] A federal judge Wednesday granted bail for former WorldCom CEO Bernard Ebbers, allowing him to remain free while he appeals a conviction for his involvement in the$11 billion fraud scandal that led to the collapse of the company. Ebbers was to....... [more]
Prison officials deny Ebbers request for low security facility
August 25, 2005
'[JURIST] The Federal Bureau of Prisons has denied the request of former WorldCom CEO Bernard Ebbers'' request to serve his 25-year prison sentence in a low-security facility near his Mississippi home, placing him instead in a medium-security prison in....... [more]
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