DOJ Changes Corporate Fraud Guidelines

Law360, New York (August 28, 2008, 12:00 AM EDT) -- In the face of growing objections to internal rules that allow prosecutors to effectively pressure corporations to waive attorney-client privilege in white-collar crime investigations, the U.S. Department of Justice is again revising its controversial corporate fraud prosecution guidelines.

The DOJ's revised guidelines, previewed in a letter to the Senate Judiciary Committee last month, make additional changes to a set of guidelines put in place in 2003 in reaction to a series of high-profile corporate scandals including the collapse of Enron Corp.

The 2003 guidelines were designed...
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