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2 months ago | 
corpgov.law.harvard.edu | Harris Fischman |John Carlin |Jeannie S. Rhee
More from: Harris Fischman, Jeannie Rhee, John Carlin, Paul WeissHarris Fischman, John Carlin, and Jeannie Rhee are Partners at Paul, Weiss, Rifkind, Wharton & Garrison LLP. This post is based on a Paul, Weiss memorandum by Mr. Fischman, Mr. Carlin, Ms. Rhee, Lorin Reisner, Matt Kaminer, and Hunter Kolon.
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Sep 26, 2024 | 
lexology.com | L. Atkinson |Jessica Carey |John Carlin |Roberto Finzi |Harris Fischman |Katherine B. Forrest | +1 more
On September 23, 2024, the Criminal Division of the U.S. Department of Justice (“DOJ” or the “Department”) issued an update to its guidance titled Evaluation of Corporate Compliance Programs (the “ECCP”).[1] The ECCP has been revised periodically since its introduction in 2017, but this 2024 update notably shows the Department’s increasing emphasis on artificial intelligence (“AI”), data analysis, and whistleblower policies.
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Aug 7, 2024 | 
lexology.com | L. Atkinson |H. Christopher Boehning |Walter Brown |Jessica Carey |John Carlin |Roberto Finzi | +13 more
On August 1, 2024, the U.S. Department of Justice’s Criminal Division (“DOJ” or “Department”) launched a new Corporate Whistleblower Awards Pilot Program (the “Whistleblower Pilot Program” or the “Pilot Program”).[1]Under the Pilot Program, eligible whistleblowers who provide the Criminal Division with original and truthful information about certain types of corporate misconduct are eligible to receive a portion of a criminal or civil forfeiture exceeding $1 million.
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Mar 18, 2024 | 
lexology.com | L. Atkinson |H. Christopher Boehning |Walter Brown |Jessica Carey |John Carlin |Roberto Finzi | +5 more
On March 7, 2024, Deputy Attorney General Lisa Monaco (“DAG Monaco”) announced that the U.S. Department of Justice (DOJ) will launch a new whistleblower program this year (the “DOJ Program” or the “Whistleblower Program”) that is intended to “create new incentives for individuals to report misconduct” to DOJ and “drive companies to invest further in their own internal compliance and reporting systems.”[1] While a number of federal agencies currently have whistleblower programs, DAG Monaco...
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Mar 13, 2024 | 
corpgov.law.harvard.edu | Harris Fischman |Jessica Carey |David Kessler
More from: David Kessler, Harris Fischman, Jessica Carey, Paul WeissHarris Fischman and Jessica Carey are Partners, and David Kessler is Counsel at Paul, Weiss, Rifkind, Wharton & Garrison LLP. This post is based on a Paul Weiss memorandum by Mr. Fischman, Ms. Carey, Lorin Reisner, Mr. Kessler, Kevin Madden, and Emily Sasso.
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Feb 15, 2024 | 
lexology.com | Walter Brown |Susanna M. Buergel |Jessica Carey |John Carlin |Andrew J. Ehrlich |Roberto Finzi | +8 more
During the third year of Chair Gary Gensler’s and Director of Enforcement Gurbir Grewal’s leadership, several key enforcement priorities for the SEC impacted and will likely continue to impact businesses across a range of sectors for years to come. In this year in review, we highlight important takeaways for business leaders and in-house counsel from the Division’s activities in 2023, and what these activities suggest for the Division’s priorities for the year ahead.
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Nov 14, 2023 | 
lexology.com | Meredith R. Dearborn |Yahonnes Cleary |Harris Fischman |Melinda Haag
On November 2, the New York Appellate Division, First Department became the first appellate court in the state to hold that the automatic discovery stay under the Private Securities Litigation Reform Act (“PSLRA”) applies to securities class actions pending in New York state court.[1] Background Congress enacted the PSLRA in 1995 to deter plaintiffs from filing frivolous securities lawsuits and curb abusive discovery practices in such lawsuits before a court has had an opportunity to weigh in...
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Mar 12, 2023 | 
corpgov.law.harvard.edu | Harris Fischman |Jessica Carey
Sunday, March 12, 2023 PrintTweet Harris Fischman and Jessica Carey are Partners at Paul, Weiss, Rifkind, Wharton & Garrison LLP. This post is based on a Paul, Weiss memorandum by Mr. Fischman, Ms. Carey, Elizabeth Norford and Griffin Varner.
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Feb 13, 2023 | 
today.westlaw.com | Harris Fischman |Loretta Lynch |Lorin L. Reisner |Eli J. Adelman
(February 21, 2023) - Paul Weiss attorneys Harris Fischman, Loretta Lynch, Lorin L. Reisner, and Eli J. Adelman consider how the Securities and Exchange Commission's recent enforcement action against Activision Blizzard may affect companies' "human capital" disclosure requirements.
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Feb 13, 2023 | 
lexology.com | Walter Brown |Roberto Finzi |Harris Fischman |Michael E. Gertzman |Melinda Haag |Joshua Hill Jr. | +5 more
On February 3, 2023, the SEC reached a novel $35 million settlement with Activision Blizzard, Inc., one of the world’s largest video game developers and publishing companies, to resolve allegations that the company failed to maintain controls and procedures to ensure the adequacy of disclosures it made related to human capital in SEC filings.
