Wednesday, June 01, 2005

White-Collar Prosecutions May Face Higher Hurdle

A high-court ruling could force prosecutors to change how they prove a crime. Frank Quattrone's lawyers see hope for his appeal

The government's hardball tactics in prosecuting white-collar crime may face a new wave of scrutiny after the Supreme Court on Tuesday threw out former accounting giant Arthur Andersen's obstruction-of-justice conviction.

The decision could have an immediate effect on another high-profile case — that of former Silicon Valley financier Frank Quattrone, who is appealing his obstruction-of-justice and witness-tampering convictions on grounds similar to what Andersen argued: that he did not intend to break the law.

See full Article.