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US prosecutors target individuals involved in corporate crime

Settlements with companies will not shield individuals from prosecution or civil liability
Friday, September 11, 2015 - 05:50
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TOUGH APPROACH: Under the new approach, set out in a memo by Ms Yates, only companies that disclose information about individual wrongdoing may be eligible for lesser penalties for cooperating.

Washington

THE US Justice Department is seeking to increase prosecutions of individual employees for corporate crime and coax companies to turn over evidence on executives after criticism that the government failed to punish wrongdoers in the financial crisis.

Sally Quillian Yates

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