DOJ EMPHASIZES INDIVIDUAL ACCOUNTABILITY FOR CORPORATE MISCONDUCT
November 26, 2015
The DOJ has issued a memorandum (the Yates memorandum) announcing its intention to target individuals for corporate misconduct. The memo with the new rules was issued to prosecutors across the country and states that fighting corporate fraud and other misconduct is a top priority for the DOJ. In order to carry out its mission, DOJ noted that one of the most effective ways to fight corporate misconduct is to seek accountability from the individuals who perpetrated the misconduct. The new policy is designed to make sure all attorneys across the DOJ are consistent in efforts to hold individuals responsible for illegal corporate actions and is in response to criticism that DOJ often targets corporations but does not hold individuals accountable for corporate malfeasance.
If you have any questions, please contact Evelyn Sahr (esahr@eckertseamans.com, 202-659-6622) or Drew Derco (dderco@eckertseamans.com, 202-659-6665).