The government is on a let’s-make-a-deal spree with corporate America. In the first six months of this year, the U.S. Department of Justice completed at least 12 deferred prosecution or nonprosecution agreements with companies. By contrast, only eight such deals were signed in all of last year, which was already a record high.
The sharp rise in prosecution pacts showed up in a Corporate Counsel review of the Web sites of the Justice Department and major U.S. Attorney’s Offices. Most of the businesses that settled with the government this year were accused of financial and securities fraud. Other companies have been faulted for money laundering, trade secret theft and environmental violations.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
