Texas Court Legalizes Corporate Fraud

Texas is an “at will” state but why should that give permission to commit corporate fraud? According to the Texas Supreme Court, it does. According to Main Street, here is what happened: In 2002 E.I. du Pont de Nemours announced plans to turn some of its operations into a separate subsidiary. Most of the affected employees were under a union agreement that gave them the right to transfer within DuPont if they preferred, a decision which would have cost the company an enormous amount of Read more […]