Originally published in September 2015.
Whether publicly traded or privately held, corporate boards have been put on notice – the Department of Justice (Justice or DOJ) is after you! On September 9th, DOJ issued a memo entitled: Individual Accountability for Corporate Wrongdoing. In it, Main Justice made clear to all offices that any activity which involves the potential for liability on the part of a corporation can and must also focus on the potentially culpable individuals. (more…)