DOJ Issues New Charging Guidelines in Corporate Fraud Prosecutions
MCNULTY MEMORANDUM
December 12, 2006
Deputy U.S. Attorney General Paul McNulty issues a new Department of Justice memorandum for U.S. Attorneys with updated guidelines for prosecuting corporations. McNulty emphasized that "[t]he prosecution of corporate crimes is a high priority." If a company faces criminal charges, he cautions, that doesn’t necessarily mean that corporate directors, officers, and other employees "should not also be charged." He advises federal prosecutors on nine factors to consider when weighing whether to charge or negotiate a plea in corporate criminal cases.
U.S. Eases Tactics on Corporate Scandals
Tuesday, Dec. 12, 2006
Print This Email This
By LARA JAKES JORDAN Associated Press Writer
...Deputy Attorney General Paul McNulty said the new guidelines won't hinder prosecutors from aggressively going after companies accused of fraud and other white-collar crimes. Whistle-blowers called the changes a setback for shareholders and employees who risk losing billions in pensions and savings if scandal-tainted corporations aren't fully investigated....
No comments:
Post a Comment