Prosecutors laid charges under an evidence-tampering provision of the Sarbanes-Oxley Act aimed at curbing wrongdoing on Wall Street.

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    6 months ago

    The Government’s theory would also criminalize a broad swath of prosaic conduct, exposing activists and lobbyist to decades in prison…And the Government’s interpretation would give prosecutors broad discretion to seek a 20-year maximum sentence for acts Congress saw fit to punish with far shorter sentences.

    From the decision.

    In short, the prosecutor used a non-applicable charge against this individual. The case was remanded back to lower courts to continue.