Indictment Defense for Trusted Individuals

C

The correct answer is C. Disclosure.

In the context of the question, disclosure refers to the obligation of a company or organization to disclose any criminal indictment or charges brought against its officers, executives, or other persons in trusted positions. This disclosure may be required by law or regulation, or it may be a matter of corporate policy.

The purpose of disclosure is to provide transparency to stakeholders, including shareholders, employees, and customers, about potential legal risks or liabilities that could impact the organization's operations or reputation. Failure to disclose such information could result in a loss of trust and credibility with stakeholders, as well as legal and financial consequences.

It is important to note that the obligation to disclose extends beyond criminal charges or indictments, and may also include civil lawsuits or regulatory investigations. The specific requirements for disclosure may vary depending on the jurisdiction and industry, and organizations should seek legal advice to ensure compliance.

In summary, when officers, executives, or other persons in trusted positions become subjects of a criminal indictment, disclosure is required to provide transparency to stakeholders and mitigate potential legal and financial risks.