Besides, even dropping all defenses and cooperating fully may not be enough. That's a point made in the Seaboard report itself, but one often overlooked by the defense bar. "At the end of the day, conduct rules," Thomsen explains. "If the behavior is sufficiently grotesque—if it went on a long time, at the highest levels—then there may not be a lot the company can do to get credit."
Tim Reason is a senior writer at CFO. Additional reporting was provided by CFO.com assistant editor Craig Schneider and editorial intern Laura DeMars.
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