An Alpharetta Accident Lawyer, David Van Sant, says the U.S. Justice Department has reported that more corporations are being fined huge amounts for defrauding the government than in prior years.
Pharmaceutical companies, military contractors, banks and other corporations are on track to pay as much as $8 billion this year to resolve charges of defrauding the government, analysts say — a record sum and more than twice the amount assessed last year.
The Justice Department has a renewed interest in corporate fraud, but the top executives at these same companies are typically getting off scott free.
Senator Jack Reed of Rhode Island, who serves as chairman of a subcommittee that oversees securities regulation, says, “A lot of people on the street, are wondering how a company can commit serious violations of a securities law and yet no individuals at the company were involved and no responsibility is assessed.”
Top officials, including President Obama have called for more individuals to be held accountable.
While large cases involving government agencies and mega corporations seem to result in no individual liability, most personal injury cases don’t turn out that way. In personal injury law, someone is responsible. If you are injured in an accident or by a product or at a place of employment, someone is responsible. Don’t let a large corporation scare you into thinking you can’t fight back after a personal injury.
The attorneys from the Law Offices of David Van Sant work with accident victims. Most cases involve car accidents or truck accidents, motorcycle accidents or boat accidents. But if you are injured on the job or in another manner, the firm is available to assist you. Call us to learn more about how we can help you.