Organization

University of California

Public university system; lead plaintiff in the Enron securities class action that settled with former directors in 2004.

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Connections 1

settled with

  • Robert Jaedicke 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 1 date
  1. 6 Oct 2004 Robert Jaedicke settled with University of California
Proof 2 sources
  1. 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
  2. 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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