[JURIST] Jurors in the Scott Peterson trial have returned a verdict of guilty on the charges of first-degree murder for the death of his wife, Laci Peterson, and second-degree murder for his unborn child, Conner. Peterson stood trial on accusations that he killed his eight months pregnant wife on or about Christmas eve of 2002 and then dumped her body into the San Francisco Bay. The highly anticipated verdict, read out in the courtroom and broadcast live, had been deliberated by the jury for only a few hours, ending a hectic week that resulted in the dismissal of two jurors by Judge Alfred A. Delucchi. Peterson faces a sentence of death or life in prison without parole for the first-degree murder conviction. A second-degree murder conviction warrants a sentence of 15 years to life in prison.

4:20 PM ET - CNN has a story here.