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When the Oklahoma attorney general brought state securities charges in the WorldCom case, he not only junked the deference traditionally paid to federal prosecutors, he may have also ignited a kind of doomsday scenario with state attorneys general racing to indict high-profile corporate defendants, thus undermining cases carefully crafted by the U.S. Department of Justice (DOJ).
October 06, 2003 at 12:00 AM
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The original version of this story was published on National Law Journal
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