2001 CFO Excellence Award Winner

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Enron Investors Press Merrill Lynch

If the plaintiffs' motion succeeds, Merrill could be found liable for Enron losses before the case even goes to trial later this year.

August 8, 2005

Investors trying to recover lost money from the bankruptcy of Enron Corp. are turning up the heat on Merrill Lynch & Co.

William Lerach, whose law firm represents the University of California, the lead plaintiff in the class-action case, has asked the judge presiding over Enron's bankruptcy to rule whether Merrill was a knowing participant in helping the energy trader hide massive losses, according to the Associated Press. Read more...

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