Firm seeking nearly $700M in Enron fees |
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Published
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Wed, 21 Nov 2007 19:55
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HOUSTON (AP) - A law firm hopes to be paid nearly $700 million for its efforts to help Enron Corp. investors recoup billions they lost after the once-mighty energy company collapsed.San Diego-based Coughlin Stoia Geller Rudman & Robbins LLP says it's helped plaintiffs recover almost $7.3 billion so far , mostly from financial institutions that investors claim played roles in the accounting fraud that led to Enron's unraveling.The firm, in court papers filed on Tuesday, asked a federal judge in Houston to award it attorneys fees equal to 9.5 percent of the moneys recovered so far.Copyright 2007 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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