Corporation Admits to Serious Wrongdoing But Individuals Aren’t Prosecuted. Why Not?
You know those pesky statements of facts in deferred prosecution agreements? Where the corporation agrees that it did all those bad things? Well, actually, in many of those cases, the corporation doesn’t actually believe that it did all those bad things. It just agrees to the statement facts — and to pay the millions of dollars — sometimes hundreds of millions of dollars — just so it can move on. That’s the take of Matthew Fishbein. He’s a partner at Debevoise in New York. “If the companies are doing… Read more…