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1 month ago | 
news.bloomberglaw.com | Melinda Haag |Josh Hill |Roberto Gonzalez |Roberto J. González
A criminal trade secrets trial; an SEC accounting practices enforcement action; a cross-border anti-money laundering and sanctions inquiry; a US Attorney’s Office investigation of alleged bribery of a public official: These are but a few of the complex and consequential matters white collar lawyers regularly handle.
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1 month ago | 
news.bloombergtax.com | Melinda Haag |Josh Hill |Roberto Gonzalez |Roberto J. González
A criminal trade secrets trial; an SEC accounting practices enforcement action; a cross-border anti-money laundering and sanctions inquiry; a US Attorney’s Office investigation of alleged bribery of a public official: These are but a few of the complex and consequential matters white collar lawyers regularly handle.
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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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Apr 22, 2024 | 
news.bloomberglaw.com | Melinda Haag |Liza M. Velazquez
With last year’s surge in layoffs anticipated to linger into this year, companies that are reducing their workforce face risks of unauthorized disclosure or use of trade secrets and other valuable confidential business information. Understanding these risks is critical to mitigating them. Taking proactive measures to safeguard trade secrets and other confidential information can be an important strategy—because it’s more difficult to remedy disclosure of protected information after the fact.
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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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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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Jun 5, 2023 | 
lexology.com | Walter Brown |John Carlin |Roberto Finzi |Roberto Gonzalez |Roberto J. González |Andrew Gordon | +3 more
On June 1, 2023, the Supreme Court issued a decision in two consolidated cases, United States ex rel. Schutte v. SuperValu and United States ex rel. Proctor v.
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May 15, 2023 | 
lexology.com | Justin Anderson |Walter Brown |Meredith R. Dearborn |Roberto Gonzalez |Roberto J. González |Melinda Haag | +5 more
On May 11, 2023, the Supreme Court held in National Pork Producers Council v. Ross that California’s Proposition 12, which regulates the standards for pigs that are raised to be sold as food in California, does not violate the dormant Commerce Clause. The Court’s opinion reflected deep divisions among the Justices regarding the appropriate approach for determining whether a state’s law impermissibly burdens interstate commerce.
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Apr 1, 2023 | 
lawjournalnewsletters.com | Walt Brown |Melinda Haag |Joshua Christopher Hill |JiLon Li
Business Crimes BulletinRegulationWhite Collar CrimeIn February 2023, in a significant update to its corporate criminal enforcement policies and procedures, the DOJ announced a voluntary self-disclosure policy applicable in all U.S. Attorney’s Offices nationwide. This article discusses the DOJ’s recent pronouncements and recent cases with an eye toward identifying trends that companies should keep in mind when preparing for the next enforcement era.
