BUSINESS
June 10, 1998 | By E. SCOTT RECKARD, TIMES STAFF WRITER
In yet another victory for Charles H. Keating Jr., appeals judges agreed Tuesday that the former Lincoln Savings boss and his son are entitled to a new federal trial on charges of looting the thrift and swindling investors. In a 3-0 vote upholding the trial judge, the 9th U.S. Circuit Court of Appeals said federal jurors improperly learned of and discussed Keating's earlier state court conviction on similar charges. U.S.
BUSINESS
February 6, 1998 | By JAMES S. GRANELLI, TIMES STAFF WRITER
For the second time, a federal judge threw out Charles H. Keating Jr.'s state securities fraud conviction, ruling Thursday that the trial of the former Lincoln Savings & Loan operator was constitutionally flawed. The ruling means Keating is once again clear of all convictions, pending an expected appeal. U.S. District Judge John G. Davies in Los Angeles granted a new petition by the onetime Arizona developer to dismiss the 17-count state verdict.
BUSINESS
March 31, 1998 | By JAMES S. GRANELLI, TIMES STAFF WRITER
In another turn of events for Charles H. Keating Jr., the former Lincoln Savings & Loan operator is fighting to get out of prison again, this time after he allegedly violated bail conditions by seeking a passport. The former Arizona developer, whose Irvine thrift crashed nine years ago in a heap of bad loans, speculative deals and what authorities charge was outright fraud, asked Monday that his $300,000 bond--and his freedom--be reinstated. U.S. District Judge Mariana R.
NEWS
January 16, 1998 | By JAMES S. GRANELLI, TIMES STAFF WRITER
A federal appeals court on Thursday reinstated the state's securities fraud conviction against Charles H. Keating Jr., and prosecutors vowed to put the former Irvine-based Lincoln Savings & Loan operator back in prison. Keating, who became a symbol of the 1980s savings and loan scandal, was released from prison in October 1996 with about five months left on his 10-year state prison term. Thursday's ruling by a three-judge panel of the U.S.
BUSINESS
April 2, 1998 | From Times Staff and Wire Reports
A federal judge freed Charles H. Keating Jr. from jail Wednesday after a five-day incarceration during which his lawyer said the former Lincoln Savings & Loan operator had his stomach pumped and was placed on suicide watch after drinking shampoo. Jailed for violating the terms of his 1996 release from prison by applying for a passport, Keating inadvertently took a swig of shampoo that had been placed in a cup on his food tray several hours after his arrest last Friday, his attorney, Stephen C.
BUSINESS
August 1, 1996 | From Associated Press
Former Lincoln Savings & Loan operator Charles H. Keating Jr. is demanding release on bail from federal prison, saying his California fraud conviction has been overturned, he is likely to be granted a new trial and is no flight risk. Keating said he should be allowed to return to his family in Arizona--the members include grandson Gary Hall Jr.
BUSINESS
June 4, 1996
The federal judge who threw out Charles H. Keating Jr.'s state fraud convictions said Monday he isn't inclined to change his mind but would review the prosecution's arguments once more before making a final ruling. U.S. District Judge John G. Davies had prepared a tentative order rejecting the state's request to reconsider his April 3 decision, which stunned Los Angeles County prosecutors. If he makes his tentative order final, prosecutors plan to appeal to the U.S. 9th Circuit Court of Appeals.
NEWS
April 4, 1996 | By JAMES S. GRANELLI, TIMES STAFF WRITER
Citing flawed jury instructions from Superior Court Judge Lance A. Ito, a federal judge in Los Angeles on Wednesday overturned the state securities fraud conviction of former Lincoln Savings & Loan operator Charles H. Keating Jr., handing state prosecutors a devastating defeat. U.S. District Judge John G. Davies ruled that Keating was denied his constitutional due process rights because his conviction was based on "nonexistent and erroneous legal theory" and "erroneous" jury instructions.
BUSINESS
April 5, 1996 | By JAMES S. GRANELLI, TIMES STAFF WRITER
With Charles H. Keating Jr.'s securities fraud conviction thrown out of state court in a stunning reversal this week, his appeal of a federal racketeering conviction--including a claim of jury misconduct--has suddenly taken on added importance. Now only the federal conviction is keeping the former operator of failed Lincoln Savings & Loan in a prison in Tucson. He is serving a 12-year, seven-month term for looting the Irvine thrift and is not eligible for parole until 2001.