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On September 7, 1988, Milken's employer, Drexel Burnham Lambert, was threatened with RICO charges under respondeat superior, the legal doctrine that corporations are responsible for their employees' crimes. Drexel avoided RICO charges by entering an Alford plea to lesser felonies of stock parking and stock manipulation. In a carefully worded ...
Established in 1970, US RICO charges were initially meant to pursue high profile mob bosses, but now cover a range of offenses, including gambling, money laundering, slavery, racketeering and a ...
Four former Boilermakers officers made their first appearances in federal court in Kansas City, Kansas, on Friday, pleading not guilty to charges that they were part of a $20 million embezzlement ...
Former President Donald Trump and his 18 co-defendants have been accused of breaking a variety of criminal laws in the Georgia 2020 election subversion case, but one crime ties all their alleged ...
A constituency statute is a term in US corporate law for a rule that requires a board of directors to pay regard to the interests of all corporate stakeholders in their decision making. A constituency statute is intended to give directors of corporations the discretion to balance the interests of stakeholders, rather than have to solely focus ...
These individuals (in the case of the Board of Equalization, its members) are specifically denominated by article V, section 14 and article III, section 8, of the Constitution as 'state officers', are generally elected, are restricted from receiving money from certain sources and have their salaries determined by the California Citizen's Compensation Commission.
Center for Interfaith Relations Board of Directors meeting. A board of directors is an executive committee that supervises the activities of a business, a nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulations (including the jurisdiction's ...
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