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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]

 

 


Isaac Gorodetski
Project Manager,
Center for Legal Policy at the
Manhattan Institute
igorodetski@manhattan-institute.org

Bridget Carroll
Press Officer,
Manhattan Institute
bcarroll@manhattan-institute.org

 

Published by the Manhattan Institute

The Manhattan Insitute's Center for Legal Policy.