A Houston Jury Convicts Ken Lay and Jeff Skilling
Bob Casey United States Courthouse, 515 Rusk Street, Houston, TX 77002, United States
CONFIRMÉCONFIANCE 85 %The Department of Justice's[1] release is dated "THURSDAY, MAY 25, 2006" and states the jury "returned its verdict today".
After 56 days of trial and six days of deliberation, a federal jury in Houston convicted Enron's two former chief executives. Kenneth Lay was found guilty on all six counts he faced; Jeffrey Skilling was convicted on conspiracy, securities fraud, false statements and insider trading counts, closing the criminal case over the largest US corporate collapse of its time.
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