Doc of the Day: Guilty Plea for Altering HSR Documents

An update from Morgan Lewis that serves as a stark reminder of why honesty is always the best policy:

On August 15, the [Department of Justice] announced that Nautilus Hyosung Holdings Inc. (NHI) agreed to plead guilty to criminal obstruction of justice for altering documents submitted with an HSR filing. NHI agreed to pay a $200,000 fine, but the DOJ can still pursue criminal prosecution—and potential incarceration—of an NHI executive.

Read the full update here.