During the trial, lawyers for the accused said that the men believed that the accounting decisions they made were appropriate at the time, and that

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During the trial, lawyers for the accused said that the men believed that the accounting decisions they made were appropriate at the time, and that the accounting treatment was approved by Nortel's auditors from Deloitte & Touche. Judge Marrocco accepted these arguments. Marrocco added he was "not satisfied beyond a reasonable doubt" that the trio [i.e., Dunn, Beatty, and Gollogly] had "deliberately misrepresented" financial results. Given the facts of the case do you believe Judge Marrocco's decision was justified? Explain.

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The trio lied and committed fraud They manipulated the accounting records to meet market expectation... View full answer

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