Arthur Andersen Fined, Gets 5 Years Probation
Arthur Andersen Fined For Obstruction Of Justice. The Arthur Andersen accounting firm was sentenced yesterday to five years' probation and fined $500,000 US for obstruction of justice for its handling of documents related to the collapse of energy trader Enron Corp. last year. The punishment is the maximum allowed under … [Read more...] about Arthur Andersen Fined, Gets 5 Years Probation
Andersen Gets $500,000 Fine, 5 Years Probation
Andersen Was Fined And Sentenced. Arthur Andersen, the accounting firm that once represented the gold standard in auditing, was fined $500,000 and sentenced to five years probation Wednesday for obstructing a federal investigation of Enron last year. Andersen's indictment and conviction in the Enron scandal has already cost the … [Read more...] about Andersen Gets $500,000 Fine, 5 Years Probation
