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23 Feb 2007, 8:56 pm
For example, eighty-year-old Adelphia founder John Rigas received a fifteen-year sentence, and his son Timothy Rigas, the CFO of the company, received a twenty-year sentence. [read post]
13 Feb 2007, 3:16 am
" Here is one of many notable insights:[T]he fate of [Skilling, Bernie Ebbers and John Rigas] leaves me certain of one fact: The rules governing high-end federal white-collar sentences are now completely untethered from both criminal law theory and simple common sense. [read post]
12 Feb 2007, 1:56 pm
The recent convictions of ex-Tyco executives Dennis Kozlowski and Mark Swartz and of ex-Adelphia executives John and Timothy Rigas highlight once again the growing extent to which the criminal law is being invoked to deal with problems of corporate governance. ... the criminalization of bad corporate governance has increased the expected sanctions faced by corporate executives. [read post]
4 Jan 2007, 4:48 pm
Rigas is a son of Adelphia founder John Rigas. [read post]
4 Jan 2007, 3:54 am
Rigas, was arrested [...] [read post]
10 Dec 2006, 3:00 pm
Adelphia became bankrupt in 2002 after accounting fraud and its owners John Rigas and son Tim Rigas were criminally convicted. [read post]
30 Nov 2006, 10:12 pm
John Rigas and his son Timothy were recently sentenced to 15 and 20 years respectively in the Adelphia Communications scandal involving billions as well. [read post]
2 Nov 2006, 3:31 pm
Bernard Ebbers Chairman, CEO WorldCom 25 years to life in prison Andrew Fastow CFO, Enron 6 years in prison, 2 years community service Martin Grass CEO, Rite Aid 8 years in prison, 3 years probation Dennis Kozlowski CEO, Tyco 8 1/3 to 25 years in prison Sanjay Kumar CEO, Computer Associates 12 years in prison, 3 years probation Jamie Olis Tax lawyer, accountant, Dynegy 6 years in prison, reduced from initial sentence of 24 years John Rigas Founder, Adelphia 15 years in prison… [read post]
3 Oct 2006, 7:13 am
Yesterday afternoon, President Bush transmitted bilateral extradition treaties for Latvia,[4] Estonia,[5] and Malta.[6]According to the President, the extradition treaty with Latvia "would replace the outdated extradition treaty between the United States and Latvia, signed on October 16, 1923, at Riga, and the Supplementary Extradition Treaty, signed on October 10, 1934, at Washington. [read post]
23 Nov 2005, 1:02 pm
[corporate website] and son of founder John Rigas pleaded guilty in Manhattan Wednesday to falsifying a financial record. [read post]
20 Jun 2005, 8:57 am
[corporate website] founder John Rigas has been sentenced to 15 years for bank fraud, securities fraud, and conspiracy. 5:02 PM ET - AP is reporting that former Adelphia chief financial officer Timothy Rigas has been sentenced to 20 years in prison. [read post]
14 Dec 2004, 10:20 am
[JURIST] The US Justice Department has asked a judge to enter a $2.53 billion judgment against Adelphia Communications founder John Rigas and his son Timothy Rigas, also Adelphia's former CFO, according to a report [subscription required] in Tuesday's Wall Street Journal. [read post]
16 Nov 2004, 3:49 am
[JURIST] A federal judge has refused to overturn the fraud and conspiracy convictions of Adelphia Communications founder and former chairman John Rigas and former CFO Timothy Rigas. [read post]
24 Aug 2004, 1:58 pm
Trying to raise funds to repay creditors, Adelphia Communications Corp. has requested that a bankruptcy judge force founder John Rigas and his sons to repay the $3.2 billion they allegedly took from the cable television provider. [read post]
9 Jul 2004, 6:34 am
Rigas is the son of Adelphia founder John Rigas, who was convicted along with his son Timothy on fraud and conspiracy charges Thursday. [read post]
8 Jul 2004, 9:16 am
AP is reporting that Adelphia founder and former CEO John Rigas has been convicted by a jury for conspiracy. [read post]
26 Feb 2004, 3:40 pm
The jury that will hear the fraud case against Adelphia Communications Corporation founder John Rigas and his two sons was formally chosen in New York today. [read post]
23 Feb 2004, 2:35 pm
In Monday's corporations and securities law news, the trial of Adelphia Communications founder John Rigas and his two sons for conspiracy, securities fraud and bank fraud began today with jury selection in New York. [read post]
