Global Judge Rejects Suit Against Clinton

The judge overseeing the fraud case against fiber-optic network operator Global Crossing Ltd. threw out a lawsuit accusing former President Clinton of helping to inflate the company’s stock price in return for a donation to his presidential library.

U.S. District Judge Gerard Lynch dismissed a complaint alleging that Clinton ignored corruption at the Pentagon, which was considering a defense contract with Global Crossing, in exchange for a $1-million contribution from former company Chairman Gary Winnick.

As president, Clinton had absolute legal immunity for his official acts, including the awarding of government contracts and enforcing federal laws against fraud, Lynch said.