DOJ Not Wavering On Antitrust Guilty Pleas, Official Says

Law360, New York (April 10, 2013, 10:45 PM EDT) -- The Antitrust Division's first-ever deferred prosecution agreement recently inked with Royal Bank of Scotland PLC doesn't indicate the watchdog is softening its guilty plea requirement for most criminal cases, a U.S. Department of Justice official said Wednesday.

The division's decision to use a deferred prosecution deal in RBS' February settlement of the DOJ's probe into manipulation of Libor stemmed from the peculiarities of that investigation, the heavily regulated nature of the banking industry and the fact that the agency was working with the Criminal Division to...
To view the full article, register now.