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The firm was convicted of obstruction of justice.
The former boss of Livedoor, an internet firm, was convicted of fraud and jailed in 2011.
The firm was convicted by a jury in Texas for its involvement in the fraud.
After resigning as the global chief executive of Andersen Worldwide in 2002, before the firm was convicted of obstructing a federal investigation into the Enron Corporation, Joseph F. Berardino wondered if he would ever work again.
Experts cited lack of sleep as a cause of the accident, and neither the mummy nor our firm was convicted of the main charges, though he was sentenced to perform thirty hours of community service.
Goldman's brand as Wall Street's leading financial wizard suffered following the collapse of MF Global, a broker led by Jon Corzine, one of its illustrious ex-bosses; McKinsey's reputation for integrity was sullied when Rajat Gupta, a former managing director of the firm, was convicted of insider trading.The main drawback of running an alumni network used to be its cost.
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In an associated case, Enron's accounting firm, Arthur Andersen LLP, was convicted of obstruction of justice (2002; overturned in 2005), which caused the firm to go out of business.
Accounting firm Arthur Andersen was convicted of obstruction of justice in 2002 in relation to its auditing of Enron, the energy firm that imploded in a massive accounting scandal.
The accounting firm, which was convicted in June on a criminal charge for shredding Enron audit documents, agreed to pay $110 million as part of a Sunbeam settlement last year.
Steven Eaton, an employee of the American-owned firm Aptuit, was convicted in March and sentenced in April in Edinburgh for altering results to make unsuccessful drug trials appear successful.
"I'm outraged that Suozzi would hire the very firm whose partner was convicted of a felony" to perform oversight, he said.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com