BATON ROUGE, La. (AP) - Baton Rouge police are investigating a former employee of the Mary Bird Perkins Cancer Center on felony theft charges. Police says the former center's director of facilities allegedlymore>>
Baton Rouge police are investigating a former employee of the Mary Bird Perkins Cancer Center on felony theft charges.more>>
The Jefferson Parish Sheriff's Office is investigating a deadly shooting in Marrero. The incident happened around 6:45 a.m. Thursday in the 6600 block of 14th Street. Officers arriving on the scenemore>>
Police have identified the victim in Thursday's deadly shooting in Marrero. Police say Terry Holden, 47, was shot and killed Thursday morning.more>>
Boyz II Men have canceled Sunday's show in New Orleans for "unforeseen circumstances." The group was scheduled to play August 24 at Champions Square along with Keith Sweat and En Vogue. A press releasedmore>>
Boyz II Men have canceled Sunday's show in New Orleans for "unforeseen circumstances."
A fisherman off the coast of Bonita Springs, Florida thinks he has a pretty nice catch. As he reels in a four-foot shark, his catch is stolen by an even bigger fish. A massive grouper pulls the sharkmore>>
A massive grouper steals a four-foot shark from a fisherman's line off the coast of Florida.more>>
HOUSTON (AP) - Convicted ex-Enron Corp. CEO Jeffrey Skilling's more than 24-year prison sentence for his role in the collapse of the once mighty energy giant could be reduced by as much as 10 years if a federal judge approves an agreement reached Wednesday between prosecutors and defense attorneys.
Under the agreement, Skilling's original sentence will be reduced to somewhere between 14 and 17.5 years.
The agreement still has to be approved by U.S. District Judge Sim Lake, who is set to hold a June 21 hearing in Houston to make the final decision on the length of Skilling's sentence.
Daniel Petrocelli, Skilling's attorney, says the agreement "brings certainty and finality to a long, painful process."
Justice Department spokesman Peter Carr said the agreement will allow victims of Enron's collapse to finally receive more than $40 million in restitution they are owed. The ongoing status of the case has so far prevented the government to distribute Skilling's seized assets to victims, according to the agreement.
Skilling was convicted in 2006 on 19 counts of conspiracy, securities fraud, insider trading and lying to auditors for his role in the downfall of Houston-based Enron. The company collapsed into bankruptcy in 2001 under the weight of years of illicit business deals and accounting tricks.
Skilling has been in prison since December 2006 and is serving his sentence in a low security facility outside of Denver.
An appeals court in 2009 upheld his convictions but vacated his more than 24-year prison term and ordered that he be resentenced, saying a sentencing guideline was improperly applied, resulting in a longer prison term.
The U.S. Supreme Court said in 2010 that one of his convictions was flawed when it sharply curtailed the use of the "honest services" fraud law, and told a lower court to decide whether he deserved a new trial. The lower court said no.
Skilling, 59, was the highest-ranking executive to be punished for Enron's downfall. Enron founder Kenneth Lay's similar convictions were vacated after he died of heart disease less than two months after trial.
Enron's collapse put more than 5,000 people out of work, wiped out more than $2 billion in employee pensions and rendered worthless $60 billion in Enron stock. Its aftershocks were felt across the city and the energy industry.
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
Investigators say an Algiers man shot and killed a masked robber who held him and his wife at gunpoint. The incident happened just before 10 p.m. Wednesday in the 1800 block of West Homestead Drive. Policemore>>
Investigators say an Algiers man shot and killed a masked gunman who attempted to rob him and his wife at their home.more>>
Tuesday, August 19 2014 4:10 PM EDT2014-08-19 20:10:07 GMT
The police chief for Gulf Shores along Alabama's coast is weighing-in on the actions of the law enforcement commander in charge of Ferguson, Missouri's in the wake of an escalating crisis brought on bymore>>
Gulf Shores Police Chief Ed Delmore wrote a blistering open letter to Captain Ronald S. Johnson, who was given command of law enforcement operations following days of looting and rioting in the city.more>>
Dashcam footage captures an amazingly acrobatic motorcycle accident. As a car switches lanes, a motorcyclist slams into the vehicle's rear bumper. The motorcyclists is launched into the air, flips andmore>>
Dashcam footage captures an amazingly acrobatic motorcycle accident.more>>
Fox 8 WVUE-TV
Louisiana Media Company, LLC.
1025 S. Jefferson Davis Parkway
New Orleans, LA 70125