Richards Kibbe & Orbe founding partner Lee Richards was quoted in the Associated Press's article "The Justice Department is taking aim at Wall Street executives" after the DOJ unveiled new policies that will guide federal prosecutors in bringing more criminal cases against corporate executives for financial misdeeds. The policies are designed to enable more successful prosecutions of high-ranking corporate executives, but the potential effectiveness of the new policies remains unclear. "It's impossible to tell whether this will mean more prosecutions," Mr. Richards said. "I think there's an enormous amount of political pressure in the department in that regard," he added.
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