Oklahoma City, Sept 12: Bankrupt telecoms firm WorldCom pleaded not guilty on Thursday to state criminal charges of securities fraud filed by Oklahoma against the company now called MCI. State Judge Russell Hall set a preliminary hearing conference for the company for November.
The 15-count criminal complaint includes charges of violating state securities laws by defrauding investors, lying about company finances and running a business as a fraud.
Former Chief Financial Officer Scott Sullivan, former
Controller David Myers, former Director of General Accounting Buford Yates, former Director of Management Reporting Betty Vinson, and former Director of Legal-Entity Accounting Troy Normand have also been charged.
Former CEO Bernard J. Ebbers earlier pleaded not guilty.
Bureau Report