Thursday, April 10, 2008
Hearing "not guilty" from a jury may not always end the case. AOL executives were acquitted of criminal conduct after a lengthy jury trial (see here). A behind the scenes look at the trial is portrayed in an article in the American Lawyer (see here). But the next phase in now underway as the SEC trial is nearly finished. The evidence has been presented and now closings are set for April 21-22.
White collar cases are somewhat unique in that the criminal trial is not the only matter that may be facing the accused. Often parallel proceedings may mean that the government has multiple chances to obtain some relief from the accused.