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The sticking point, the people said, was Mr. Meister's demand that the bank acknowledge wrongdoing.
Banks are typically loath to acknowledge wrongdoing, fearing it could expose them to shareholder lawsuits.
The Working Families Party did not acknowledge wrongdoing in Tuesday's settlement.
As in most settlements, the city does not acknowledge wrongdoing in these cases.
4. Write fictional statements in which key figures in the scandal publicly acknowledge wrongdoing.
As part of the agreement, Mary Washington did not acknowledge wrongdoing.
Similar(25)
You know, I have acknowledged wrongdoing.
Notably, Spurr has never acknowledged wrongdoing, let alone apologised.
Even without issuing a formal apology, government officials have begun acknowledging wrongdoing.
Mr. Simmons's inspection partner, Gerald Kelsey, a nine-year veteran, has not acknowledged wrongdoing.
In general, such agreements result in companies acknowledging wrongdoing by not contesting criminal charges, but without formally admitting guilt.
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