Judge gives preliminary approval to Ebbers civil settlement

[JURIST] US District Judge Denise Cote gave preliminary approval Monday to a civil settlement that would have convicted former WorldCom CEO Bernard Ebbers [JURIST report] forfeit as much as $45 million in personal assests [JURIST report] in order to avoid paying restitution. Ebbers still faces criminal sentencing for his conviction on Wednesday; a lengthy prison term is expected. AP has more.

 

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