Tag: Individual cases

AG Garland Calls Prosecuting Execs ‘Greatest Deterrent’ to Corporate Fraud | Law.com

Addressing a packed ballroom at downtown San Francisco’s Marriott Marquis, Garland said he’s focused more than ever on preserving the integrity of the country’s economic and democratic institutions. On the white-collar front, he said the Department of Justice will make it a priority to prosecute individual bad actors and send the message that the rich and powerful are not above…

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Institutional investors step off sidelines to sue BP for fraud — Alison Frankel, On the Case

A spate of U.S. pension funds, including Bank of America’s private pension plan and funds for public workers in Maryland, Louisiana and Texas, filed suits Friday accusing BP of defrauding investors in its statements about the Deepwater Horizon oil spill in April 2010. Piling on just ahead of the statute of limitations, several foreign institutions, such as Norges Bank and…

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