A federal judge has postponed the sentencing of former WorldCom chief Bernard Ebbers by one month, to July 13, federal prosecutors said Thursday.
Judge Barbara Jones issued a new schedule allowing several more weeks for Ebbers and prosecutors to file sentencing-related papers and for Ebbers to file additional papers in support of his bid for a new trial. The sentencing was originally set for June 13.
Ebbers, 63, was convicted in March of orchestrating the record $11 billion accounting fraud at WorldCom, which collapsed in bankruptcy in 2002 and has since re-emerged under the name MCI Inc.
He faces up to 85 years in prison on nine criminal counts — conspiracy, securities fraud and seven false filings with the Securities and Exchange Commission.