The Labor Department is suing Enron for violating pension laws that require trustees to act in the interests of plan participants. Enron allowed workers to accumulate company stock in their retirement plans. When the company went bankrupt in 2001 thousands of workers lost their retirement savings. The department hopes to send a message to executives that they will be held accountable for retirement losses due to corporate abuse.
See "U.S. suing Enron, former execs over pension losses", USA Today, June 25, 2003