Saturday, May 28, 2005
Ebbers Sentencing Postponed to July 13
U.S. District Judge Barbara Jones postponed the sentencing of former WorldCom CEO Bernie Ebbers from June 13 to July 13 to give the parties more time to file briefs on the new trial request and to complete the presentence report. Any guesses on the fraud loss figure? Because Judge Jones can treat the Guidelines as advisory, I think she is unlikely to impose the highest sentence even if the loss amount would have triggered a significant term of imprisonment under the Guidelines. See the AP story here.