{"id":4415,"date":"2007-05-14T16:17:01","date_gmt":"2007-05-14T16:17:01","guid":{"rendered":"https:\/\/www.stockbrokerfraudblog.com\/2007\/05\/the_university_of_california_l"},"modified":"2022-03-25T14:31:27","modified_gmt":"2022-03-25T19:31:27","slug":"the-university-of-california-l","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/the-university-of-california-l\/","title":{"rendered":"Coalition of Former Enron Shareholders Asks the SEC for Help In Holding Banks Accountable for Their Role in Enron\u2019s Fraud Scheme"},"content":{"rendered":"

A coalition of consumer and labor groups that are plaintiffs in the shareholder litigation against Enron Corp. say that they are asking the Securities and Exchange Commission to talk to the U.S. Supreme Court on their behalf.<\/p>\n

The University of California is a lead plaintiff in the case, and its attorney, Christopher Patti, says the shareholders deserve to have their case presented during trial before the Supreme Court. He also said that he felt that the law was broad enough so that parties, such as financial institutions that were active, key, and consenting participants in the Enron fraud case and had intentionally engaged in deceptive conduct to purposely mislead investors, could be included.<\/p>\n

On May 8, a group of Enron shareholders that claim that the energy trading giant allegedly defrauded them sent a letter to the SEC asking it to file an amicus brief with the high court explaining why banks and other parties took part in Enron’s fraudulent scheme and should be held accountable.<\/p>\n

Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

A coalition of consumer and labor groups that are plaintiffs in the shareholder litigation against Enron Corp. say that they are asking the Securities and Exchange Commission to talk to the U.S. Supreme Court on their behalf. The University of California is a lead plaintiff in the case, and its attorney, Christopher Patti, says the […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3809],"tags":[],"class_list":["post-4415","post","type-post","status-publish","format-standard","hentry","category-enron"],"yoast_head":"\nCoalition of Former Enron Shareholders Asks the SEC for Help In Holding Banks Accountable for Their Role in Enron\u2019s Fraud Scheme — Investor Lawyers Blog — May 14, 2007<\/title>\n<meta name=\"description\" content=\"A coalition of consumer and labor groups that are plaintiffs in the shareholder litigation against Enron Corp. say that they are asking the Securities and — May 14, 2007\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" 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