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John Rigas

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CALIFORNIA | LOCAL
April 6, 2001
I believe your April 3 article on Adelphia's CEO, "A Mogul Broadcasts His Morals," would be better titled "CEO Broadcasts His Prejudices." As a former stockholder and senior manager of both Century and Adelphia, I am very familiar with the stance that John Rigas has taken against adult programming and several other issues because of his so-called morality code. Is this the same code that "morally" allows him to run a company that has an embarrassing absence of black, Asian, Hispanic or female senior management?
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BUSINESS
October 22, 2009 | Times Wire Reports
Adelphia Communications Corp. founder John Rigas and his son Timothy, who are in prison, won an appeals court ruling that may lead to the dismissal of conspiracy charges in a second criminal case against them. John Rigas, 84, is serving 12 years and Timothy Rigas, 53, is serving 17 for looting the cable company and lying about its finances. The Rigases asked an appeals court in Philadelphia to throw out the conspiracy charge, saying it amounted to prosecution for the same crime twice.
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BUSINESS
March 24, 2004 | From Times Wire Services
Adelphia Communications Corp. never received legal title on some real estate it purchased in 1994 from the company's founder, John Rigas, and entities owned by his family, an Adelphia employee testified Tuesday. John Rigas, his sons Timothy and Michael Rigas and a fourth executive, Michael Mulcahey, are on trial in Manhattan on charges of fraud and conspiracy.
BUSINESS
March 4, 2008 | From Times Wire Services
The U.S. Supreme Court rejected an appeal by Adelphia Communications Corp. founder John Rigas and his son Timothy of their conspiracy and fraud convictions.
BUSINESS
March 10, 2004 | From Associated Press
An attorney for John Rigas on Tuesday questioned the testimony of a former director concerning when he learned that Rigas family members were using debt guaranteed by Adelphia Communications Corp. to fund securities purchases. At the fraud trial for John Rigas and two of his sons, attorney Ben Preziosi presented documents from board meetings on March 6, 2002, and earlier that pointed to the use of debt guaranteed by Adelphia to fund securities purchases by the Rigases.
BUSINESS
June 21, 2005 | Thomas S. Mulligan and Walter Hamilton, Times Staff Writers
In a sign that corporate wrongdoers can't expect leniency in the post-Enron environment, a federal judge Monday sentenced 80-year-old John J. Rigas to 15 years in prison for looting the cable company he founded, Adelphia Communications Corp. Rigas' son Timothy, Adelphia's former chief financial officer, was sentenced to 20 years. They were among the harshest sentences yet in the crackdown on corporate crime that followed the 2001 collapse of energy-trading giant Enron Corp.
BUSINESS
March 3, 2004 | From Bloomberg News
The eldest son of Adelphia Communications Corp. founder John Rigas played no role in looting the company, lying about operations or directing a massive financial fraud, his lawyer told jurors Tuesday. Michael Rigas, 50, former vice president of operations, had nothing to do with accounting at Adelphia, the fifth-largest U.S. cable television provider, defense attorney Andrew Levander said in his opening statements in federal court in New York.
NEWS
April 18, 2002 | SALLIE HOFMEISTER, TIMES STAFF WRITER
The owner of one of the most popular diners in town sent the first flower arrangements to John Rigas' office. Her neighbors followed with daisies and potted plants, sent from all over this wooded hamlet, population 3,000. Their messages offered love, support and prayers to the cable TV magnate whose company, Adelphia Communications Corp., faces a federal investigation and 18 shareholder lawsuits alleging securities fraud. But in contrast to Houston, where protesters marched on Enron Corp.'
BUSINESS
February 18, 2004
* Adelphia Communications Corp. founder John Rigas asked a Bankruptcy Court for permission to file a competing plan to repay the company's creditors.
BUSINESS
March 4, 2008 | From Times Wire Services
The U.S. Supreme Court rejected an appeal by Adelphia Communications Corp. founder John Rigas and his son Timothy of their conspiracy and fraud convictions.
BUSINESS
October 12, 2007 | From the Associated Press
Adelphia Communications Corp. founder John J. Rigas and his son, the defunct cable TV company's former chief financial officer, have appealed their fraud convictions to the U.S. Supreme Court. John Rigas, 82, was sentenced to 15 years and Timothy Rigas, 51, to 20 years for their roles in Adelphia's collapse. They were convicted in 2004 on multiple charges of securities fraud, conspiracy to commit bank fraud and bank fraud.
BUSINESS
June 28, 2007 | From the Associated Press
Their appeals all but exhausted, Adelphia Communications Corp. founder John Rigas and his son Timothy will head to prison Aug. 13 for their role in one of the largest corporate frauds in U.S. history. U.S. District Judge Leonard Sand gave the men, once among the country's richest, a little less than seven weeks to put their affairs in order. He rescinded an order that had allowed them to remain free on bail for three years while their appeal worked its way through the courts.
BUSINESS
March 4, 2006 | From Associated Press
A son of Adelphia Communications Corp. founder John Rigas was sentenced Friday to 10 months of home confinement by a judge who said he was "close to being a pawn" in a family-run cable TV business portrayed as a house of fraud. Michael Rigas, 52, was sentenced in U.S. District Court after pleading guilty to a charge of making a false entry in a company record, eliminating the need for his retrial on much more serious securities fraud and bank fraud charges. Judge Jed S.
BUSINESS
November 23, 2005 | From Bloomberg News
Adelphia Communications Corp. former Vice President Michael Rigas is expected to plead guilty today and avert a retrial on securities fraud charges, a court official said Tuesday. Rigas, 51, is scheduled to enter his plea with U.S. District Judge Jed Rakoff in New York, said the judge's law clerk, Andrew Woolf. Jurors deadlocked at Rigas' trial last year but convicted his father, former Chief Executive John J. Rigas, and brother, Timothy J.
BUSINESS
October 8, 2005 | From Associated Press
The founder of Adelphia Communications Corp. and his son, both already convicted of a massive fraud at the bankrupt cable-television company, have been indicted on charges that they and other family members didn't pay $300 million in taxes. Former Chief Executive John J. Rigas failed to report income of $143 million and his son Timothy J. Rigas, the company's former chief financial officer, failed to report income of $239 million, according to a federal grand jury indictment.
BUSINESS
July 14, 2005 | From Bloomberg News
John Rigas, the 80-year-old founder of Adelphia Communications Corp., who had been ordered to report to prison in September to begin serving a 15-year term, may remain free until his appeal is decided, a judge ruled. U.S. District Judge Leonard Sand in New York also said Rigas' son Timothy Rigas, the company's former finance chief, may stay out of prison until the appeal is complete. Timothy Rigas was sentenced to 20 years in prison for looting the company and lying about its finances.
BUSINESS
March 25, 2004 | From Associated Press
Company founder John Rigas and his son Timothy Rigas kept 22 cars owned by Adelphia Communications Corp. after resigning from the cable firm in May 2002, longtime employee Charles Raptis testified Wednesday. Raptis negotiated with John Rigas several times to reclaim the vehicles and ultimately threatened to make it a police matter, he said in his second day of testimony in the fraud trial of John Rigas and two of his sons.
BUSINESS
March 18, 2005 | From Bloomberg News
Adelphia Communications Corp. founder John Rigas and his son Timothy, who face sentencing April 18 on fraud and conspiracy charges, lost their bid for a new accounting fraud trial. U.S. District Judge Leonard Sand in federal court in New York rejected claims by John Rigas, 80, and Timothy Rigas, 48, that a U.S. prosecutor knew a witness lied to jurors. The defendants claimed that Assistant U.S. Atty.
BUSINESS
June 21, 2005 | Thomas S. Mulligan and Walter Hamilton, Times Staff Writers
In a sign that corporate wrongdoers can't expect leniency in the post-Enron environment, a federal judge Monday sentenced 80-year-old John J. Rigas to 15 years in prison for looting the cable company he founded, Adelphia Communications Corp. Rigas' son Timothy, Adelphia's former chief financial officer, was sentenced to 20 years. They were among the harshest sentences yet in the crackdown on corporate crime that followed the 2001 collapse of energy-trading giant Enron Corp.
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