Business Desk
This article is from the archive of The New York Sun before the launch of its new website in 2022. The Sun has neither altered nor updated such articles but will seek to correct any errors, mis-categorizations or other problems introduced during transfer.
IN THE COURTS
FORMER INVESTOR RELATIONS CHIEF AT ENRON: WARNINGS UNHEEDED
HOUSTON – Enron’s former investor relations chief said yesterday he spoke, to no avail, with company founder Kenneth Lay and former CEO Jeffrey Skilling about investors’ concerns over murky financial disclosures months before Enron imploded in December 2001. But a lawyer for Mr. Skilling, Daniel Petrocelli, challenged Koenig’s credibility. Koenig pleaded guilty in 2004 to aiding and abetting securities fraud.
– Associated Press
IN BRIEF
Talbots agreed to buy J. Jill Group for about $517 million, thwarting a two year effort by Liz Claiborne … The judge overseeing all federal litigation over Merck & Company’s painkiller Vioxx seated an eight-member jury in New Orleans to hear the retrial of a case that ended in deadlock in December.
– Bloomberg News
