Trial of Kenneth Lay and Jeffrey Skilling
The trial of Kenneth Lay, former chairman and CEO of Enron, and Jeffrey Skilling, former CEO and COO, was presided over by federal district court Judge Sim Lake in 2006 in response to the Enron scandal. Witnesses. In order of appearance: Lawyers. Defense Prosecution Outcome. The jury rendered its verdict on May 25, 2006. Sentencing took place on October 23, 2006. In a separate bench trial, Judge Sim Lake ruled that Lay was guilty of four counts of fraud and false statements. These counts were also vacated because of Lay's death. Trial