Rigases appeal convictions to Supreme Court
Adelphia Communications Corp. founder John J. Rigas and his son, the defunct cable TV company’s former chief financial officer, have appealed their fraud convictions to the U.S. Supreme Court.
John Rigas, 82, was sentenced to 15 years and Timothy Rigas, 51, to 20 years for their roles in Adelphia’s collapse. They were convicted in 2004 on multiple charges of securities fraud, conspiracy to commit bank fraud and bank fraud.
In the appeal filed Wednesday, they asked the Supreme Court to overturn their convictions, said Lawrence McMichael, their Philadelphia attorney, who is not representing them in the appeal. In July, they also filed a motion for a new trial.
Another of John Rigas’ sons, Michael Rigas, received 10 months of home confinement after pleading guilty to making a false entry in a company record.
Adelphia was the country’s fifth-largest cable firm before its 2002 collapse.
The company eventually filed for bankruptcy protection and severed its ties with the Rigases.
Time Warner Cable Inc. and Comcast Corp. later acquired Adelphia assets.
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