Tuesday, September 22, 2015

GM settlement carries implications for company, future cases.

The New York Times (9/22, Henning, Subscription Publication, 11.82M) “White Collar Watch” analyzes the implications of the recent GM settlement on the company and the public’s perception of “how justice is dispensed for corporate wrongdoing.” According to the Times, the government has expressed that it hopes the settlement will serve as a deterrent to future companies. The Times cites Transportation Secretary Anthony Foxx’s statement, where he said, “today’s announcement sends a message to manufacturers: deception and delay are unacceptable, and the price for engaging in such behavior is high.” The piece also notes that unlike the Toyota case announcement, which was attended by then-Attorney General Eric H. Holder Jr. and Mr. Foxx, the news conference for G.M. “was notably more subdued.” 

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