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News Releases

Releases

Houston Lawyer Rusty Hardin says Post-Arthur Andersen, Government More Cautious
 
October 31, 2011 11:59 am

The first Enron-related trial pitted government prosecutors against Arthur Andersen, an international "Big Five" accounting firm that virtually dissolved after a 2002 obstruction-of-justice conviction for allegedly shredding Enron audit documents. But, with only a handful of employees left and no hope of being fully resurrected, the damage was already done by the time a 2005 U.S. Supreme Court opinion unanimously reversed the conviction. "The only good thing that came from the prosecution of Arthur Andersen is that the government now thinks harder before pursuing and destroying a large corporation based on the perceived conduct of a few," says Houston lawyer Rusty Hardin, who defended Arthur Andersen. "Unfortunately, it took the demise of an 88,000-employee worldwide company for that reality to sink in." For more information, contact Bruce Vincent at 800-559-4534 or bruce@androvett.com.


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