Releases

The Enron investigations and prosecutions transformed the landscape of corporate regulation, as well as the tactics used by federal investigative agents and prosecutors. "The 2002 Sarbanes-Oxley Act, the 2009 Fraud Enforcement and Recovery Act and the 2010 Dodd-Frank Act all were inspired by Enron and greatly expanded federal criminal and regulatory authority over corporations and their officers," says Richard Roper, a Dallas lawyer at Thompson & Knight and the former U.S. Attorney for the Northern District of Texas. "Because of what was learned during Enron, federal prosecutors now routinely employ obstruction-of-justice statutes as a tool to bring corporations and officers to their knees. And corporate whistle-blowers are now positioned to receive millions of dollars in awards for reporting alleged corporate misconduct while enjoying near immunity from perceived attempts of employer retaliation." For more information, contact Barry Pound at 800-559-4534 or barry@androvett.com.