Search results
Dec 2, 2021 · Shareholders hit the company with a $40 billion lawsuit, and the company’s auditor, Arthur Andersen, ceased doing business after losing many of its clients. It was also a black mark on the U.S....
On June 15, 2002, Arthur Andersen was found guilty of shredding evidence and lost its license to engage in public accounting. Three years later, Andersen lawyers successfully persuaded the U.S. Supreme Court to unanimously overturn the obstruction of justice verdict on the basis of faulty jury instructions.
Jun 16, 2002 · A federal jury convicted Arthur Andersen today of obstruction of justice for impeding an investigation by securities regulators into the financial debacle at Enron. Soon afterward, Andersen...
