GO
Loading...

Judge Throws Out Long-Running Enron Case

A long-running lawsuit brought by Enron investors against three financial firms over their dealings with the collapsed energy trader has been dismissed by a federal judge in Houston.

The written ruling, dated Thursday, grants Credit Suisse , Barclays and Merrill Lynch, now part of Bank of America , summary judgment in the case.

The ruling does not affect the multibillion-dollar settlements that other financial firms agreed to pay Enron investors to settle the litigation.

Plaintiffs in the case contend the banks played a role in accounting misdeeds that led to the company's bankruptcy in late 2001.

Symbol
Price
 
Change
%Change
BAC
---
BARC
---
CS
---

Featured

Contact Law

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    › Learn More