{"id":65,"date":"2007-03-20T14:39:45","date_gmt":"2007-03-20T14:39:45","guid":{"rendered":"https:\/\/www.stockbrokerfraudblog.com\/2007\/03\/appeals_court_shoots_down_enro"},"modified":"2007-03-20T14:39:45","modified_gmt":"2007-03-20T14:39:45","slug":"appeals-court-shoots-down-enro","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/appeals-court-shoots-down-enro\/","title":{"rendered":"Appeals Court Shoots Down Enron Stock Victims, But Leaves Door Open to Law Suits and Arbitration Claims."},"content":{"rendered":"<p>\t\t\t\tA Houston Federal Court was set to begin tiral on class actions filed on behalf of investors against several fiancial firms that allegedly assisted Enron to defraud shareholders.  However, a Federal Court of Appeals, with most of its judges selected by the Bush-Cheney administration, stepped in to overturn the class action status of these Enron shareholders.   <\/p>\n<p>Several cases had been filed for Enron shareholders against Merrill Lynch, Credit Suisse, Royal Bank of Canada, Toronto-Dominion Bank, Barclays and the Royal Bank based upon the involovement of those fiancial institutions in actions by Enron management which misled investors about the finances at Enron and ultimately led to that firm&#8217;s demise.  <\/p>\n<p>Attorneys for the Enron victims say they will request the U. S. Supreme Court reverse this decision, but observers point out that the balance of power in the High Court has also been altered by Bush-Cheney appointees.   Observers also remind the public that, prior to  Enron&#8217;s demise, officials of that firm were involved in establishing energy policy for the Bush-Cheney administration.  Notes of such discussions have never been produced to Congress.  <\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.investorlawyers.com\/blog\/appeals-court-shoots-down-enro\/\"  title=\"Continue Reading Appeals Court Shoots Down Enron Stock Victims, But Leaves Door Open to Law Suits and Arbitration Claims.\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>A Houston Federal Court was set to begin tiral on class actions filed on behalf of investors against several fiancial firms that allegedly assisted Enron to defraud shareholders. However, a Federal Court of Appeals, with most of its judges selected by the Bush-Cheney administration, stepped in to overturn the class action status of these Enron [&hellip;]<\/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":[3800],"tags":[],"class_list":["post-65","post","type-post","status-publish","format-standard","hentry","category-merrill-lynch"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Appeals Court Shoots Down Enron Stock Victims, But Leaves Door Open to Law Suits and Arbitration Claims. &#8212; Investor Lawyers Blog &#8212; March 20, 2007<\/title>\n<meta name=\"description\" content=\"A Houston Federal Court was set to begin tiral on class actions filed on behalf of investors against several fiancial firms that allegedly assisted Enron &#8212; March 20, 2007\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/appeals-court-shoots-down-enro\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Appeals Court Shoots Down Enron Stock Victims, But Leaves Door Open to Law Suits and Arbitration Claims. &#8212; Investor Lawyers Blog &#8212; March 20, 2007\" \/>\n<meta name=\"twitter:description\" content=\"A Houston Federal Court was set to begin tiral on class actions filed on behalf of investors against several fiancial firms that allegedly assisted Enron &#8212; March 20, 2007\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shepherd Smith Edwards &amp; Kantas, LLP\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Appeals Court Shoots Down Enron Stock Victims, But Leaves Door Open to Law Suits and Arbitration Claims. &#8212; 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