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Robert Bernstein, a partner at Vandenberg & Feliu, and Jeffrey Gross, of counsel at the firm, analyze a recent Second Circuit decision that held that just because a company benefitted from the fraudulent scheme of its management did not mean that managers intended to benefit the company, therefore the adverse interest exception did not require knowledge of fraud to be imputed to the company.
March 05, 2009 at 12:00 AM
1 minute read
Presented by BigVoodoo
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