Attitude is everything. That’s the message the U.S. Department of Justice sent last week when it announced criminal plea deals involving billions of dollars paid by Takata Corp. and Volkswagen AG, according to Peter Henning, a professor at Wayne State University Law School, who specializes in white-collar crime. Both companies resisted allegations that they had defective products. Such enforcement is unlikely to change under President-elect Donald Trump, said Henning, who spoke to ALM about what’s in store for future corporate wrongdoers.
Here’s some of the highlights:
