Jurors still without Enron verdict after three days of deliberations

first_imgHOUSTON – Jurors completed a third day of deliberations Monday in the federal fraud and conspiracy trial of Enron Corp. founder Kenneth Lay and former Chief Executive Jeffrey Skilling without reaching a verdict. Late in the day, jurors sent a note to the judge asking for external speakers for their laptop computer, the judge said. The jury has several videotapes and audiotapes of Lay and Skilling available to review on the laptop. The panel of eight women and four men received the case on Wednesday. They agreed to deliberate Monday through Thursday and have put in about 16.5 hours over two and a half days. Lay is also on trial separately without a jury before U.S. District Judge Sim Lake on charges stemming from his personal banking. But Skilling has little to do except wait. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREBasketball roundup: Sierra Canyon, Birmingham set to face off in tournament quarterfinalsThe 16-week conspiracy case against Lay and Skilling was the government’s marquee trial to emerge from its investigation of Enron’s December 2001 descent into bankruptcy proceedings in one of the biggest corporate scandals in U.S. history. Skilling faces 28 counts of fraud, conspiracy, insider trading and lying to auditors and a maximum of 275 years in prison if convicted on all counts. Lay faces six counts of fraud and conspiracy with a combined maximum punishment of 45 years. Both are accused of repeatedly lying when they told investors and employees Enron was robust when they knew it was propped up by accounting tricks that hid losses and flailing ventures. The two men say their optimism was genuine and attribute Enron’s failure to bad publicity and lost market confidence.last_img

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