Year: 2006

The much maligned Thompson Memo was superseded yesterday with the McNulty Memo.  Deputy Attorney General Paul J. McNulty issued a memorandum entitled “Principles of Federal Prosecution of Business Organizations,” which focuses on modifying cooperation standards for organizations in DOJ investigations. …

The McNulty Memo Replaces Thompson – But Is There Any Real Change? Read More »

Two settled administrative proceedings filed yesterday that relate to the previously settled actions brought against PNC Financial Services and accounting giant AIG reflect contrasting remedies in financial fraud actions.  Both actions are based on the SEC’s investigation along with the …

Illustrations of SEC Remedies in Financial Fraud Actions Read More »