TITLE

Ebbers' WorldCom conviction is big US news, but it's equally a warning for UK directors

AUTHOR(S)
Owen, Gerallt
PUB. DATE
April 2005
SOURCE
Lawyer;4/4/2005, Vol. 19 Issue 13, p10
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article presents the author's views on issues related to conviction of former WorldCom Inc.'s head Bernie Ebbers. The author says that it should serve as a further wake-up call for any director of a multinational company, particularly if their company is listed in the United States. In the WorldCom case, criminal charges were filed in August 2003 in Oklahoma against Ebbers and others. The author reveals that despite being one of the most high-profile white-collar crime prosecutions in the last decade, the trial took six weeks to reach a verdict.
ACCESSION #
16778068

 

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