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For an executive who works in the financial services industry, a criminal or civil trial resulting from allegations of corporate wrongdoing can have uniquely damaging and far-reaching consequences. These include consequences that reach beyond spending time in jail and a large fine if found guilty. Even if the executive is acquitted, there is still public humiliation, and the executive's reputation may be damaged in such a way that he or she may not be able to get hired by another financial services company.
March 22, 2004 at 12:00 AM
1 minute read
The original version of this story was published on National Law Journal
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