US prosecutors target individuals involved in corporate crime
Settlements with companies will not shield individuals from prosecution or civil liability
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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, the department's No 2 official, ordered policy changes to push prosecutors to reinvigorate cases, according to a memo she issued on Wednesday. Under the new approach, only companies that disclose information about individual wrongdoing may be eligible for lesser penalties for cooperating.
Share with us your feedback on BT's products and services
