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Execs face tougher penalties for company wrongdoing

Government increasingly turning to “responsible corporate officer” doctrine

A little-known legal doctrine could mean trouble for executives of companies accused of wrongdoing.

Lately, the government is issuing stiffer penalties to executives through the “responsible corporate officer” doctrine, which holds officers who are in the position of responsibility to prevent offenses liable for a company’s misconduct even if they aren’t aware of the law-breaking.

Ashley Post

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