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Several Enron executives ended up indicted on a variety of costs and were later on sentenced to jail. Notably, in 2006, both Skilling and Lay ended up convicted of conspiracy and fraud prices.
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Also, Many staff members were being laid off. On June 15, 2002, Arthur Andersen was identified guilty of shredding proof and lost their license to engage in community accounting. Three yrs later on, Andersen’s legal professionals efficiently persuaded the U.S. Supreme Court to unanimously overturn the obstruction of justice verdict on The premise of defective jury Guidelines. But by then, there was nothing at all left with the business beyond two hundred personnel controlling its lawsuits.
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