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Andersen given five year probation for obstruction in Enron case
Houston report on Arthur Andersen LLP receiving five years probation and a $500000 fine for shredding and doctoring Enron related records to hinder SEC investigations. Judge Melinda Harmon ordered payment upfront noting the firm no longer practices its audit services. Prosecutors argued for a harsh penalty to deter similar misconduct.
MENTIONED IN THIS ARTICLE
Arthur Andersen LLP
Enron Corp
Enron
Andersen
Securities and Exchange Commission
Sam Buell
Melinda Harmon
Rusty Hardin
Leslie Caldwell
Justice Department
SEC
Buell
Arthur Anderson
U.S
Larry D.thompson
Washington, D.C
Bob Palmquist
Palmquist