By Alabama Public Radio
Montgomery, AL – The Retirement Systems of Alabama has recovered most of its investment in Enron. The company collapsed in 2001, and the R-S-A sued. Five investment firms have paid 49 million dollars to the R-S-A to settle the lawsuit. R-S-A chief David Bronner says the system lost 57 million dollars when Enron went belly-up. He says the settlement helps the system recover about 86 percent of its investment. Bronner says the Retirement Systems still has litigation pending against three former Enron executives. Those claims can't be pursued until the criminal cases against some of the company's former leaders are done.