Adelphia Trial Moves Forward

By: Associated Press
By: Associated Press

A judge says the founder of Adelphia Communications will be tried together with other men accused of looting the cable company. John Rigas and his son Michael had asked to be tried separately. But U-S District Judge Leonard Sand rejected that request. He also refused to dismiss some of the charges against them.

The two other men are John Rigas' son Timothy -- a former Adelphia executive vice president -- and Michael Mulcahey – former director of internal reporting. Prosecutors allege they looted corporate accounts, hid more than two billion dollars in liabilities from investors and helped drive the company into bankruptcy. All four have pleaded innocent. Adelphia is based in Greenwood Village.

KKTV 520 E. Colorado Colorado Springs, CO 80903 Office: (719) 634-2844 Fax: (719) 632-0808 News Fax: (719) 634-3741
Copyright © 2002-2016 - Designed by Gray Digital Media - Powered by Clickability 424602 -
Gray Television, Inc.