Ripples from the Andersen decision

This NY Times article reports that former Credit Suisse banker Frank Quattrone, who was convicted of obstruction of justice last year for sending out an email regarding the bank’s document retention policy, is raising new issues on his appeal based on the U.S. Supreme Court’s decision earlier this week in the Arthur Andersen case.

Apparently, the jury instructions used in the Quattrone trial were similar to those used in the Andersen trial. Inasmuch as Quattrone was not charged with any other crime, those jury instructions appear to have become the key issue in his appeal.

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