Report: Close Corporate Tax Loopholes

Rogues Gallery of Major Corporate Legal Settlements

Serious Wrongdoing Too Often Gets Treated as a Cost of Business and Deducted from Future Taxes
Released by: U.S. PIRG

The following list of recent major corporate settlements displays a harrowing array of harms to the public. After government agencies sought redress for corporate wrongdoing, they negotiated with the companies for payments that were presumably less than the agency would have ordered in damages or fines if it had chosen to go through with a protracted lawsuit.

Though far from complete, the list of settlements at the end of this fact sheet also illustrates how, all too often, a company that pays a settlement for its wrongdoing ends up repeating the misbehavior merely to pay another settlement later.

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