Corporate Fraud Liability May Be $billions

[From article]
"the shareholders have a smoking gun e-mail from an executive at one PE firm clearly outlining a deal in which one firm would not enter a bid in a particular takeover in return for the executive's firm's not entering a bid in a separate takeover.
[. . .]
The PE firms, if found guilty of colluding on the buyouts, could be on the hook for tens of billions of dollars in damages,"

http://www.nypost.com/p/news/business/wheel_of_fortune_3QamNAp2pSuLXaMxS0d9tK

Billions are riding on judge's ruling in buyout rig case
By JOSH KOSMAN
New York Post
Last Updated: 3:59 AM, August 13, 2011
Posted: 11:29 PM, August 12, 2011