2 ms·
> Could they have jailed the executives Probably not. https://www.justice.gov/jm/criminal-resource-manual-1068-violation-fcc-regulations-47-usc-502 https://ww
by howard941 8y ago
> Could they have jailed the executives
Probably not. https://www.justice.gov/jm/criminal-resource-manual-1068-violation-fcc-regulations-47-usc-502 https://www.justice.gov/jm/criminal-resource-manual-1068-vio...
> and investors?
Passive investors? No
> Could they have revoked their corporate charter?
The Commission couldn't, no. Corporate entity revocation (dissolution) is more a thing that happens when the entity fails to pay fees to a state or territory than it is a punishment: It's intentionally trivially easy to create corporate entities.