June 26, 2003

Reports on the Enron case

The following articles report on the Chao v. Enron Corporation case filed today by the Department of Labor:


  • Findlaw.com has this article by Leigh Strope for the Associated Press: "Labor Department Sues Enron Over Pensions."
  • Reuters has this article by Peter Szekely: "US Sues to Recoup Enron Workers' Pension."
  • USAToday reports: "U.S. suing Enron, former execs over pension losses."
  • Bloomberg.com provides this account: "U.S. Sues Enron, Former Officers Over Pension Losses."

In this article by the Houston Chronicle--"Enron facing pension lawsuit; Former executives called negligent"--Eric Berger reports that Rep. John Boehner, R-Ohio, chairman of the House Education and Workforce Committee, praised the lawsuit and stated:

"The Department's action puts corporate executives and pension plan administrators on notice: Take your fiduciary duty to act in the best interests of your workers seriously or the Labor Department will hold you accountable."

Posted by B. Janell Grenier at June 26, 2003 08:01 PM