In any given week, news headlines reveal numerous examples of fraud and misconduct occurring at corporations. The consequences often include massive fines, large jury verdicts or settlements in civil litigation, and criminal prosecution of corporations and their leaders. In many instances, the collateral results of these events such as debarment from government (and even private-sector) contracting and delisting from stock exchanges can be devastating to a company and its stakeholders.
A company that is well-prepared, and has the know-how to conduct an effective internal investigation has a better chance of weathering the storm and mitigating the impact of such unfortunate events. This series of articles will discuss a dozen do’s and don’ts of corporate internal investigations, covering best practices for identifying and investigating corporate misconduct, conducting and managing internal investigations, and for determining when and to whom to report conclusions.