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: Bodily Injury BlogArthur Andersen Reaches Accord with Enron Creditors
By Edward Bills
A former Enron auditor will pay $16 million to settle claims that it failed to properly vet questionable transactions by the collapsed energy giant. In the lawsuit, Enron creditors accused Arthur Andersen LLP of approving dealings that allowed Enron executives to manipulate the financial standing of the company. A judge is expected to approve the accord next month.
Full post as published by Bodily Injury Blog on April 30, 2009 (boomark / email).
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