Tagged: Enron

SCOTUS on the “honest services” law

The Supreme Court restricted a favorite tool for pursuing corrupt politicians and self-dealing corporate chiefs, ruling that the law that makes it a crime to deprive the public or one’s employer of the “intangible right of honest services” can only be used where they could prove defendants accepted bribes or kickbacks.  It means, for instance, that […]

Skilling gets SCOTUS appeal

Convicted Enron CEO Jeff Skilling will get the chance to appeal to the U.S. Supreme Court his federal conviction on conspiracy, securities fraud, insider trading, and lying to auditors.  Law Professor Tamar Frankel, an authority on securities law and legal ethics, says it shouldn’t matter whether a manager directly or indirectly benefited from a wrongful act. […]