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twitterEbbers pleads innocent
Thursday, March 4, 2004 | 11:02 a.m.
NEW YORK -- Bernard J. Ebbers, the former chief executive of WorldCom, pleaded innocent Wednesday to charges of conspiracy and fraud growing out of the accounting scandal that drove the company into bankruptcy protection in 2002.
Ebbers is accused of conspiring with Scott D. Sullivan, WorldCom's former chief financial officer, to conceal the company's weakening performance starting in 2000 and participating in fraudulent reports to Wall Street and regulators about its finances.
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