Houston (Oct. 17, 2002) -- Four months after it was convicted by a Houston jury, Arthur Andersen was sentenced Wednesday to probation and a $500,000 fine for its role in the downfall of former audit client Enron Corp.
The sentence was the stiffest one Andersen faced, and doesn’t end the former Big Five firm’s woes. It still faces huge shareholder lawsuits related to Enron’s crash.
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