Houston court to mull new trial for ex-Enron CEO

AP News
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Posted: Nov 01, 2010 8:07 AM
Houston court to mull new trial for ex-Enron CEO

A federal appeals court will consider whether former Enron Corp. CEO Jeff Skilling should be allowed a new trial following a high court ruling that his conviction was flawed.

A hearing is scheduled Monday in Houston by a three-judge panel of the New Orleans-based 5th U.S. Circuit Court of Appeals.

The U.S. Supreme Court in June ruled that Skilling did not violate an anti-fraud law used to help convict him on 19 counts in 2006 for his role in Houston-based Enron's downfall. He was convicted of conspiracy, securities fraud, insider trading and lying to auditors.

Justices then left it up to the 5th Circuit Court to decide if any of Skilling's convictions should be thrown out.

Prosecutors want all of Skilling's convictions to stand.