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Perspective

Dec. 19, 2014

In 2014, indicted companies chose trial over settlement

The most compelling white collar criminal development in California in 2014 is the choice of two large companies to reject conventional wisdom and contest serious criminal charges. By Michael J. Shepard


By Michael J. Shepard


Beg, grovel and plead for mercy. Cooperate by doing the government's investigation, and by providing evidence against employees. If begging and cooperating fails and there has to be the bad publicity of an accusation, limit it to one day on which the company is charged and resolves the case at the same time.


For many years, conventional wisdom has said these activities are all that a corporation can do when it finds itself in t...

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