Trump's terrorist label for cartels raises prosecution risks for companies

Day Pitney White Collar Partner Steve Reynolds was featured in the Thomson Reuters article, “Trump's terrorist label for cartels raises prosecution risks for companies.” The article highlights the legal and financial risks for U.S. companies arising from the U.S. government’s designation of certain drug cartels as terrorist organizations, including potential criminal prosecution and civil liability for companies providing material support to these groups.

Reynolds noted that the risk of criminal prosecution also applies to non-U.S. companies with U.S. ties or operations, providing insight into how the designation could impact global businesses with connections to the U.S.

Read the full article here.