With little people it sure does.
This is a federal law of massive protection.
I would guess their lawyers would claim it still protects them. Their argument would be the right people were also lied to and kept in the dark so they never did anything because “plausible deniability”. Some low to mid level shmuck will be the scapegoat and personally liable and the co any wil also fire him, govt will prosecute him personally, but not the company.
People need to wake up soon and decide if they want to live in a Nation of Men or a Nation of Laws