Products Liability News
SEC AGAIN UTILIZES STRICT LIABILITY 34CLAWBACK34 AUTHORITY
February 7, 2012
In a July 2011 Washington Legal Foundation Legal Pulse post, SEC to Join HHS in Effort to Drop the Claw of Strict Liability on Business Managers, we decried the federal punishment of business executives based solely on their status, rather than on whether they actually violated the law. Such status crimes, we argued, do nothing to deter law breaking and by punishing blameless people, cheapen the ...
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