Former <strong>Nortel</strong> Networks chief executive Frank Dunn leaves court in Toronto on Monday January 16, 2012. Court is hearing that three former <strong>Nortel</strong> executives accused of defrauding millions from the now insolvent tech firm did so by knowingly participating in a "cookie-jar accounting" schemeFrank Gunn/The Canadian Press
Today, Nortel Networks Corp. former chief executive officer Frank Dunn, former chief financial officer Douglas Beatty and former controller Michael Gollogly were acquitted in their long-running fraud trial.
Globe and Mail reporters Janet McFarland and Richard Blackwell were at the trial and tweeted as the verdict was handed down.