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Recently, the former CEO of now-liquidated Peanut Corporation of America, Stewart Parnell,was convicted on federal conspiracy charges for knowingly shipping salmonella-tainted peanuts to customers.714 people
Recently, the former CEO of now-liquidated Peanut Corporation of America, Stewart Parnell,was convicted on federal conspiracy charges for knowingly shipping salmonella-tainted peanuts to customers.714 people fell ill across the United States (resulting inseveralrelated deaths).Parnell was sentenced to a food-safety record of28 years in prison.Parnell's brother, Michael Parnell, who was a food broker for the company, was sentenced to 20 years in prison.Mary Wilkerson, a former quality control manager was sentenced to 5 years in prison.
- Do you thinkdirectors, officers, and managers of a corporation should be sentenced to prison for criminal acts, or is liquidation (the death) of a corporation enough?
- Do you think that directors, officers, and managers of a corporation should be able to be held personally liable (in civil court)for the damages incurred by those injured by defective products (see-piercing the corporate veil)?
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