Monday July 7th, 2025 2:02PM

Andersen says it is negotiating with prosecutors

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WASHINGTON - Under indictment on an obstruction of justice charge, Arthur Andersen LLP said Thursday it is engaged in talks with the Justice Department, an acknowledgment that comes amid stepped-up pressure by federal prosecutors.<br> <br> The accounting firm&#39;s former top auditor on the Enron account, David Duncan, pleaded guilty Tuesday to ordering the shredding of Enron-related documents and agreed to cooperate with the government&#39;s probe.<br> <br> Duncan&#39;s plea undermines Andersen&#39;s legal position that no one at the firm engaged in intentional wrongdoing.<br> <br> Andersen spokesman Patrick Dorton said, &#34;We are in discussions with the Department of Justice.&#34; Dorton declined to elaborate and Justice Department spokesman Bryan Sierra declined to comment.<br> <br> The current discussions began last Friday at the request of lawyers representing Andersen.<br> <br> A federal grand jury in Houston indicted Andersen on March 7 on a single count of obstructing justice, accusing the firm of destroying &#34;tons of paper&#34; at offices in the United States and London and deleting enormous numbers of computer files on its audits of Enron. The indictment was unsealed March 14.<br> <br>
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