> You can't send a corporation to jail, but you can disband it entirely, or prevent it from operating
Just "disbanding" a corporation would be pointless. The shareholders (most likely, someone in senior management) could just purchase back (or replicate) the assets and keep going.
The proper ways to "kill" companies include revoking their licenses (see Arthur Anderson), fining them into bankruptcy and possibly liquidation and sanctioning them (for foreign SOEs). None seems to apply in this case, where a prohibition on federal contracting and securing an admission of guilt, which lets other customers who were harmed seek redress through the courts, seem to cover all bases.
All of the things you mentioned above are less penalizing then disbanding a corporation and seizing their outstanding assets, revoking licenses in particular - the shareholders and employees of the company could just re-incorporate under a different name and carry on with business as usual - I'd call this "Pulling a Blackwater" but this happens extremely frequently across a lot of sectors.
Just "disbanding" a corporation would be pointless. The shareholders (most likely, someone in senior management) could just purchase back (or replicate) the assets and keep going.
The proper ways to "kill" companies include revoking their licenses (see Arthur Anderson), fining them into bankruptcy and possibly liquidation and sanctioning them (for foreign SOEs). None seems to apply in this case, where a prohibition on federal contracting and securing an admission of guilt, which lets other customers who were harmed seek redress through the courts, seem to cover all bases.