Call 855-808-4530 or email GroupSales@alm.com to receive your discount on a new subscription.
Elections have consequences, and the election of President Trump has resulted in a significant shift in law enforcement priorities. Corporate enforcement activity is at lows not seen in decades, despite an overall increase of almost 40% in federal criminal cases. This is a product of a change in priorities, both in terms of types of offenses and types of offender: more focus on prosecuting individuals instead of entities and more emphasis on drug, violence, and immigration offense rather than business crimes. In a couple of areas where there may be increased business crime enforcement activity reflected in some of the aggregate numbers — Foreign Corrupt Practices Act (FCPA) and crypto currency — the actual cases nonetheless reflect the administration’s reordered priorities. So, for the time being, there will be almost unprecedented opportunity to achieve favorable resolutions for corporate clients.
By Paige Ammons and Preston Burton
In any investigation where a client is deposed or interviewed by a government agent, experienced lawyers should be wary of potential false statement liability and likely will have advised their clients of the paramount need to be truthful. Voluntary communications, initiated by a company or individual, with government officials are of a different ilk, however
Part Two of a Two-Part Article
In Part One of this article last month, we discussed several of the key business crimes cases from the recently concluded October Term 2018. We resume this discussion in Part Two of our article and offer some concluding thoughts about where the Court may go next in the years to come.
By Michael J. Rivera and Abby I. Yi
Cybersecurity has been a high priority topic for the SEC the past few years. In September 2017, the SEC created a Cyber Unit within its Enforcement Division. This Cyber Unit had over 225 active investigations at the SEC’s 2018 fiscal year end. The SEC has focused in particular on cybersecurity risks facing public companies.
By Juliet Gunev
Maryland’s Largest Ever Ponzi-Scheme: Kevin Merrill Sentenced to 22 Years in Prison for $396 Million Consumer Debt Fraud