Roth & Company, PC Tax Update Blog

Tax Update Blog: Permalink

« Previous · Tax Update Blog Home · Next »

HANG 'EM FIRST, AND LET THEM SORT IT OUT ON APPEAL

May 31, 2005

Supreme Court overturns Arthur Andersen Conviction

WASHINGTON (AP) -- The Supreme Court on Tuesday overturned the conviction of the Arthur Andersen accounting firm for destroying Enron Corp.-related documents before the energy giant's collapse.

In a unanimous opinion, justices said the former Big Five accounting firm's June 2002 obstruction-of-justice conviction -- which virtually destroyed Andersen -- was improper. The decision said jury instructions at trial were too vague and broad for jurors to determine correctly whether Andersen obstructed justice.

andersen.gif

Corpses always like to win on appeal.

      Bookmark: del.icio.usDiggreddit

Comments

HAHAHA!!! Too little, too late!!

Email: roth@rothcpa.com  •  Phone: (515) 244-0266
All content © Roth & Company, P.C.  •  Powered by Movable Type  •  Site by Sekimori Design