Six years after its implosion, Enron continues to remind Corporate America of its legacy in a number of ways. Add the steady rise of pretrial diversion agreements to that list.
While so-called deferred prosecution and non-prosecution agreements existed before the executives at Enron Corp. cooked up their massive accounting fraud, the rapid demise of Arthur Andersen, the auditing firm conjoined to the energy company’s collapse, is credited by many observers as the event that spurred the stream of deferred and non-prosecution deals during the last five years.
