Saturday, April 26, 2008

Feds: Adelphia Fraud Victims Can Ask for Their Money Back - Law - CFO.com

A fast Adelphia update

Feds: Adelphia Fraud Victims Can Ask for Their Money Back - Law - CFO.com: "
U.S. attorney for the Southern District of New York, announced that victims of the securities fraud committed at Adelphia Communications can ask the U.S. Attorney General to recover parts of their financial losses that were directly caused by the fraud....The older and younger Rigases were originally sentenced to 15 and 20 years in prison, respectively. They will be re-sentenced on May 7, 2008 "

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