A new focus on individual corporate wrongdoers might discourage multibillion-dollar settlements. In response to criticism that the Department of Justice (DOJ) had failed to bring criminal prosecutions arising out of
Yates Memo Could Bring Balance to Prosecutions
On Sept. 9, the DOJ issued "the Yates Memorandum," detailing how officials expect prosecutors to hold individuals accountable for criminal wrongdoing. The memo may have result in a potential reduction in the number of corporate settlements when there is no clear evidence of criminal conduct.
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