Publications
Publications
- August 1995
- HBS Case Collection
Hutton Branch Manager (D)
By: Lynn S. Paine and Jane Palley Katz
Abstract
Describes the actions taken by E.F.Hutton management in response to the Bell Report, a study prepared by former Attorney General Griffin Bell and his law firm after Hutton pleaded guilty to 2,000 counts of mail and wire fraud in connection with its cash management practices. Developments leading up to the 1988 purchase of Hutton by Shearson Lehman also are described. A rewritten version of an earlier case.
Keywords
Legal Liability; Crime and Corruption; Moral Sensibility; Acquisition; Decisions; Business or Company Management; Financial Services Industry
Citation
Paine, Lynn S., and Jane Palley Katz. "Hutton Branch Manager (D)." Harvard Business School Case 396-047, August 1995.
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