Sue Reisinger at Corporate Counsel/Law.com: "The price for settling criminal allegations by the government keeps going up. In August, Prudential Financial signed a deal with the DOJ that allows it to avoid prosecution for wrongdoing at a brokerage subsidiary. The settlement requires Prudential's GC, Susan Blount, to personally design, install and oversee a compliance program, and report on it to federal prosecutors for the next five years. Should the program fail, Blount could be held liable by the government, as well as by shareholders."
General counsels as DoJ satraps?
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| Isaac Gorodetski Project Manager, Center for Legal Policy at the Manhattan Institute igorodetski@manhattan-institute.org |
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| Bridget Carroll Press Officer, Manhattan Institute bcarroll@manhattan-institute.org |



