Bloomberg News

Adelphia Founder Rigas, Son Win Dismissal of U.S. Tax Case

January 26, 2012

Jan. 26 (Bloomberg) -- A federal judge in Pennsylvania today dismissed a six-year-old tax indictment of Adelphia Communications Corp. founder John Rigas and his son Timothy, who are already in prison for looting the company.

U.S. District Judge John E. Jones III tossed out a 2005 indictment one day after U.S. prosecutors said they wanted to call off the fight. John Rigas, 86, is serving 12 years and is projected to get out at age 92. Timothy Rigas, 55, is serving 17 years. They were convicted in 2004 in federal court in New York.

To contact the reporter on this story: David Voreacos in Newark at dvoreacos@bloomberg.net

To contact the editor responsible for this story: Stephen Farr at sfarr@bloomberg.net


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