A federal jury in Houston on Saturday convicted accounting firm Arthur Andersen of obstructing justice by destroying Enron-related documents.
Former Arthur Andersen auditor David Duncan dealt a major blow to his old company Monday, testifying that he purposefully ordered his colleagues to destroy potentially incriminating records relating to the Enron case.
Negotiations to settle criminal charges of obstruction of justice against accounting firm Arthur Andersen unexpectedly collapsed Thursday, possibly paving the way for a trial next month.
David Duncan, the former Arthur Andersen auditor who oversaw the Enron account, pleaded guilty to one count of obstruction of justice for his efforts to destroy documents related to his work for the energy giant.
The CEO of embattled accounting firm Arthur Andersen, Joseph Berardino, announced his resignation Tuesday saying he hoped the move would help the company survive the steady loss of clients and criminal charges.
Accounting giant Arthur Andersen LLP pleaded not guilty to a single count of obstruction of justice in a federal court Wednesday.
The U.S. government indicted accounting giant Arthur Andersen for obstruction of justice in the ongoing investigation into the collapse of energy giant Enron.
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