Tuesday, December 19, 2006

Split Verdict in Enterasys Execs Case

Four former Enterasys executives were convicted on securities fraud and conspiracy charges, while another had an acquittal on one count and a hung jury on other counts. (see here) The company where they worked focuses on providing its customers with a secure network.  Founded in 1983, as Cabletron Systems, the company is now a private company.

This case is particularly interesting in that a question regarding payment of attorney fees arose in a pre-McNulty hearing. For background, see here.



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