Last year, as has been mentioned in this space (May 18, 2004, Oct. 19, 2005) a Texas judge handed down a sentence of 24 years in prison to Dynegy executive Jamie Olis, convicted by a jury of committing accounting fraud which advanced his employer’s aims but from which he did not benefit personally. Now Fifth Circuit Judge Edith Jones has handed down a ruling (PDF) finding that Olis is entitled to resentencing and laying down guidance which likely will result in a shorter sentence. Tom Kirkendall is covering the story as usual (Nov. 1, Nov. 4) as is Larry Ribstein (Nov. 1).
Update: Jamie Olis wins resentencing
Last year, as has been mentioned in this space (May 18, 2004, Oct. 19, 2005) a Texas judge handed down a sentence of 24 years in prison to Dynegy executive Jamie Olis, convicted by a jury of committing accounting fraud which advanced his employer’s aims but from which he did not benefit personally. Now Fifth […]
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