Adelphia case ends with a mistrial

Article Abstract:

The fraud case against Michael Rigas, the former operations chief of Adelphia Communications, ended in a mistrial on July 9, 2004 after the jury was deadlocked on 17 counts against him. Rigas was acquitted of conspiracy and wire fraud charges a day earlier, while his father and brother were convicted of conspiracy, bank fraud and securities fraud.

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Ex-bank chief accused of illegal stock receipt

Article Abstract:

Hal J. Shaffer, ex-president of a Cherry Hill-based Internet bank, InterState Net Bank is accused of having received stock which the bank valued at about $1 million. The bank sued Shaffer in New Jersey Superior Court in Camden demanding that he return certificates for the shares and reimburses the bank for unspecified personal expenses.

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Ex-Sunbeam leaders facing SEC suit

Article Abstract:

Sunbeam Corp. executives, including Al Dunlap, former chairman and CEO, have been charged by the SEC with fraud which resulted in the company's bankruptcy.

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