A whistleblower action under the federal False Claims Act (31 U.S.C. §§ 3729 et seq.) against a U.S. pharmaceutical company has settled for an amount that can be as high as $50 million. The incident highlights the value and...more
Regulated securities firms need to take significant actions to ensure that their company is complying with the legal requirements set out by regulations promulgated by the U.S. Securities and Exchange Commission (SEC) and the...more
1/25/2023
/ Audit Reports ,
Auditors ,
Internal Audit Functions ,
Investment Adviser ,
Investment Advisers Act of 1940 ,
Investment Companies ,
Investment Company Act of 1940 ,
Securities Act ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act ,
Securities Fraud ,
Securities Regulation ,
Whistleblowers
Find Out What Companies and Investment Firms Need to Know about the SEC’s Exam Priorities for 2023 -
Each year, the U.S. Securities and Exchange Commission (SEC) publishes its annual examination priorities. This report...more
12/20/2022
/ Broker-Dealer ,
Compliance ,
Conflicts of Interest ,
Cryptocurrency ,
Cybersecurity ,
Digital Assets ,
Disclosure Requirements ,
Enforcement ,
Environmental Social & Governance (ESG) ,
Fraud ,
Insider Trading ,
Investment Firms ,
Private Funds ,
Registered Investment Advisors ,
SEC Examination Priorities ,
Securities and Exchange Commission (SEC) ,
Whistleblowers
When current or former employees or clients blow the whistle on alleged corporate wrongdoing, it can create the potential for significant legal liability. It can even create the possibility of criminal charges being...more
Corporate investigations can serve a variety of different purposes. From uncovering accounting fraud to responding to cybersecurity breaches and preparing for litigation, there are various circumstances in which corporate...more
3/23/2021
/ Accounting Fraud ,
Board Members ,
Board of Directors ,
Breach of Duty ,
Bribery ,
Civil Investigation Demand ,
Civil Liability ,
Commercial Litigation ,
Corporate Executives ,
Corporate Investigations ,
Corruption ,
Criminal Liability ,
Cybersecurity ,
Data Breach ,
Employment Discrimination ,
Fiduciary Duty ,
Financial Fraud ,
Harassment ,
Internal Investigations ,
National Security ,
Private Investigators ,
Shareholder Litigation ,
Subpoenas ,
Target Letters ,
Whistleblowers