NU Online News Service, April 16, 10:31 a.m. – John Hancock Financial Services Inc., Boston, is coming down hard on Enron Corp., Houston.
Three of the company's subsidiaries have sued Enron's officers and directors in the U.S. District Court in Houston.
The suit also names Enron's auditor, Arthur Andersen, Chicago, Hancock says.
The suit seeks restitution for losses the subsidiaries suffered on $215 million in privately placed Enron investments.