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Okla. drops charges against Ebbers

Oklahoma has dropped criminal charges against former WorldCom Chief Executive Bernie Ebbers, a clerk for Judge James Paddleford said Thursday.
/ Source: Reuters

Oklahoma has dropped criminal charges against former WorldCom Chief Executive Bernie Ebbers, a clerk for Judge James Paddleford said Thursday.

A spokesman for Oklahoma Attorney General Drew Edmondson had said on Wednesday that the charges may be pulled, deferring to federal prosecutors investigating the bankrupt long-distance company, and that Edmondson would pursue his case against Ebbers at a later time.

The state charged WorldCom, now known as MCI , Ebbers and five former executives with violating state securities laws by knowingly giving false information to investors.