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Wednesday, April 23, 2025

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Supreme Court Rejects Enron Investors' Appeal

WASHINGTON (CN) – The **U.S. Supreme Court has rejected without comment a $30 billion shareholder lawsuit against some of the investment banks involved in **Enron Corp. ‘s 2001 collapse, including **Merrill Lynch & Co. , **Credit Suisse First Boston and Barclays Bank PLC . The University of California led the class action accusing the investment banks of helping Enron conceal its losses.

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