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by fennecfoxen
2356 days ago
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He most certainly was not banned from running a public company in the US for a decade because of his offenses. He agreed not to run any companies that reported to the SEC, and the SEC agreed to drop its case. (And if you believe that settling a case without admitting guilt is the same as guilt, I would hate to see what you think of criminal plea bargains in the US, which are much more common, and many of which are far worse abrogations of justice.) |
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> Ghosn was barred from serving as a director or officer of a public company for 10 years, while Kelly agreed to a five-year ban.