Jeff Skilling appeals to the Supreme Court

Updated

On Monday, former Enron CEO Jeffrey Skilling petitioned the U.S. Supreme Court to review his 2006 conviction for securities fraud. Citing prior complaints about pretrial publicity and the unfair application of the "honest services" fraud statute, Skilling's lawyer, Daniel Petrocelli, argued that his client was unfairly convicted.

In 2006, Skilling was found guilty of 19 counts of conspiracy, insider trading, and securities fraud for his role in Enron's overvaluation and subsequent failure. Sentenced to 24 years and four months in prison (more of a dorm, really), he immediately began the appeals process, largely based on the notion that he could not get a fair trial due to the publicity surrounding his case. Further, Skilling's attorneys argued that his financial crimes were committed out of an attempt to save his company, and he did not profit from his actions.

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