Internal Investigations Across Industries
General Counsel Decision Tree for Internal Investigations
Companies regularly encounter situations for which an internal investigation may be required to determine how the organization should respond. These range from industry-specific concerns, such as those related to potential noncompliance with regulatory requirements, to more general concerns, including Foreign Corrupt Practices Act (FCPA) compliance, data breaches, whistleblower complaints, risks introduced by the use of third parties and human resources issues. While having a robust compliance program can help avoid many issues, not all issues can be foreseen or avoided. These internal investigation playbooks have been designed to facilitate the identification and remediation of issues and are an important complement to a well-designed and functioning compliance program. They will also facilitate the in-house team’s communications with outside counsel, who have a range of experience guiding companies through these precarious situations. In addition, adherence to a well-crafted playbook helps companies meet the expectations of enforcement authorities, such as the Department of Justice (DOJ), the Securities and Exchange Commission (SEC) and state attorneys general (as well as others), which can materially mitigate potential enforcement efforts and sanctions.
September 28, 2021
SEC Enforcement of Human Capital Disclosures: The First Fingerprints
LMG Life Sciences (2022)