This week, Arthur Andersen finally got what it has wanted for three years -- its name cleared. The dark cloud that has been hanging over the reputation of the former behemoth of the accounting world was lifted this week, when the Supreme Court overturned its conviction on one count of obstruction for shredding documents related to its audits of its former client Enron Corp.
Three years after the guilty verdict that effectively destroyed the firm, Supreme Court justices, in a unanimous opinion, said that the former Big Five accounting firm's June 2002 conviction was improper because of flawed jury instructions.
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