Brown: Adelphia’s Law Firm Backdated Documents5/13/2004 10:15 AM Eastern
Former Adelphia Communications Corp. vice president of finance James Brown testified Thursday that the MSO’s outside law firm drafted and revised documents that were backdated by as much as two years, Dow Jones reported.
Former Adelphia chairman John Rigas, his sons -- former chief financial officer Timothy Rigas and former executive VP of operations Michael Rigas -- and former director of internal reporting Michael Mulcahey are on trial for 24 counts of conspiracy, wire fraud, bank fraud and securities fraud. All four men have pleaded not guilty.
Brown pleaded guilty to conspiracy, securities fraud and wire fraud in November 2002.
According to Brown, Buchanan Ingersoll PC lawyers sent documents about acquisition fees -- one backdated by two years and the other by one year -- via electronic mail to the MSO.
"I don't know what they were thinking when they drafted them," Brown testified.