Enron

Enron Corporation (former New York Stock Exchange ticker symbol ENE) was an American energy, commodities, and services company based in Houston, Texas. Before its bankruptcy on December 2, 2001, Enron employed approximately 20,000 staff and was one of the world's major electricity, natural gas, communications, and pulp and paper companies, with claimed revenues of nearly $101 billion during 2000. Fortune named Enron "America's Most Innovative Company" for six consecutive years. At the end of 2001, it was revealed that its reported financial condition was sustained substantially by an institutionalized, systematic, and creatively planned accounting fraud, known since as the Enron scandal.
Posts about Enron
  • The Different Types of White-Collar Crime Laws in Texas

    … with speaking for the business must knowingly make false statements or should minimally reasonably assume the statements are false to be convicted of a crime. 2. Enron, a securities firm, misled many investors and trading partners about its financial health. Its CPA firm assisted in perpetrating securities fraud. 3. Bernard Madoff orchestrated…

    The Law Office of Matthew D. Sharp- 9 readers -
  • Ameriprise Financial Denies Its Own Whistleblower Policy

    …. (Lewis Smedes from The Crucible) The U.S. has 22 whistleblower laws designed to protect whistleblowers in manufacturing, food safety, transportation, government contracts, and financial services. Each of these laws were carefully designed to “protect the whistleblower.” In reality, however, the laws don’t promote much more than crime scene…

    Due Diligence- 33 readers -
  • Accounting Malpractice Case Filed After Bank Collapse

    … firm you may have the ability to file an accounting malpractice case if the audit turns out be incorrect. The collapse of Enron spurred one of the largest accounting malpractice cases in U.S. history. The case against Skoda Minotti was just filed. The firm’s lawyer lawyer denied any accounting malpractice by the CPA firm. Accounting Today reports…

    Legal Malpractice - Chris Trebatoski- 39 readers -