Enron Making News Again
Source: http://Blog.QualityStocks.net/?p=12250Posted on Tuesday, September 9th, 2008 | In Small & Micro Cap
Contributed by: QualityStocks (http://QualityStocks.net) -
Good news for investors who purchased stock in Enron Corp. between September 9th, 1997 and December 2nd, 2001. In a settlement approved in federal court on Monday, around $7 billion seized from financial institutions that were suspected of involvement in Enron’s fraudulent actions, will be distributed to shareholders. The settlement will yield an average of $6.79 per share to common stockholders, and $168.50 for each share of preferred stock.
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