3 ms·
This is completely inaccurate. Corporate liability protection only extends to civil financial issues, any real property crimes (ie. fraud, murder, etc) 'pierces
by _red 7y ago
This is completely inaccurate. Corporate liability protection only extends to civil financial issues, any real property crimes (ie. fraud, murder, etc) 'pierces the corporate veil' and ultimately are filed against the people who performed it.
- gpm 7y agoAccording to other comments here the company plead guilty to (criminal) fraud. So no it is not completely inaccurate.
- _red 7y agoSee here: https://www.legalmatch.com/law-library/article/corporate-liability-for-criminal-acts.html https://www.legalmatch.com/law-library/article/corporate-lia... "When a corporation is criminally liable, the responsibility also falls on individuals. The board of directors, officers, and other high-ranking officials will almost always be criminally liable as well (just look at the Enron fiasco). A individual can be held criminally liable for another employee's illegal act under the accomplice liability theory."
- joering2 7y agoI think you missed the point. The "company" can plead anything you want to because noone has ever put a "company" behind the bars. "Companies" are fictitious entities.
- deleted 7y ago[deleted]