Securities Practice: Foley & Lardner

Law360, New York (July 24, 2008, 12:00 AM EDT) -- The wave of civil and criminal fraud cases against corporations that arose from Enron’s collapse in 2001 may soon recede as enforcement officials set their sights back on individuals, said Pam Johnston, chair of the white-collar defense practice at Foley & Lardner LLP.

The shift in focus at the U.S. Department of Justice and U.S. Securities and Exchange Commission will come because of an overall improvement in compliance — but also because corporate America is starting to push back, Johnston said.

Many businesspeople are pushing for...
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