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Not only have an unprecedented number of general counsel gotten into legal trouble in recent years-they're getting nailed too. As far as Corporate Counsel has been able to determine, 18 GCs have been hit with criminal charges or serious civil claims since the current wave of corporate fraud scandals began with Enron Corp. in 2001. Of the nine cases that have been resolved, only one ended in acquittal; the other eight resulted in a conviction, guilty plea, or settlement.
December 01, 2005 at 12:00 AM
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The original version of this story was published on Law.Com
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