June 27, 2006
Where is the Hilfiger Non-Prosecution Agreement?
Corporate Counsel has a very telling article here on a non-prosecution agreement reached between the US and the Tommy Hilfiger Corporation. It seems the company reached an agreement, but no one can get a copy. Back in August 2005, US Attorney David N. Kelley issued a press release here on the non-prosecution agreement. But the agreement, as noted by Corporate Counsel, was not there. It sure does seem like a good bit of silence for a deal that cost the company $18.1 million. (see post here)
(esp) (w/ a hat tip to Ryan D. McConnell)
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