Person
Robert Jaedicke
Stanford accounting professor; chaired the audit committee of Enron’s board.
- board member of Enron (chairman of the audit and compliance committee) 1985–2001
Enron securities class action
- Settled with University of California: class settlement of $168 million, of which more than $13 million came from ten directors’ own funds; it resolves claims under Section 11 of the Securities Act of 1933 12
Connections 2
board member of
settled with
- University of California 6 Oct 2004 class settlement of $168 million, of which more than $13 million came from ten directors’ own funds; it resolves claims under Section 11 of the Securities Act of 1933 Scholarship & press 12
Timeline 2 dates
- 1985–2001 Robert Jaedicke board member of Enron
- 6 Oct 2004 Robert Jaedicke settled with University of California
Proof 3 sources
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Former Enron Directors Will Pay $13M, CFO.com, 11 Jan 2005.
Scholarship & press
The former Enron directors who agreed to pay shareholders from their own personal funds include Robert Belfer, Norman Blake, Ronnie Chan, John Duncan, Joe Foy, Wendy Gramm, Robert Jaedicke
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UC Reaches $168-Million Settlement with Enron Directors in Securities Fraud Case, University of California (lead plaintiff), 12 Jan 2005.
Scholarship & press
the investor class will receive $168 million, consisting of $155 million in insurance proceeds and more than $13 million in personal contributions of insider trading proceeds by the directors.
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The Role of the Board of Directors in Enron’s Collapse (S. Prt. 107-70), U.S. Senate Permanent Subcommittee on Investigations, 8 Jul 2002.
Primary record
Dr. Robert K. Jaedicke (1985–2001), former Chairman of the Enron Audit and Compliance Committee
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