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An "honest services" paradox



Under the controversial "honest services" branch of fraud law, executives can be exposed to criminal prosecution for conduct that wouldn't expose them to civil sanctions for breach of fiduciary duty. [Lisa L. Casey (Notre Dame), SSRN, via Larry Ribstein]

 

 


Rafael Mangual
Project Manager,
Legal Policy
rmangual@manhattan-institute.org

Katherine Lazarski
Manhattan Institute
klazarski@manhattan-institute.org

 

Published by the Manhattan Institute

The Manhattan Insitute's Center for Legal Policy.