TBA Law Blog


Posted by: Stacey Shrader Joslin on Sep 16, 2022

The U.S. Justice Department (DOJ) said yesterday it will use a “carrots and sticks” approach to combat corporate crime: encouraging companies to report and prevent misconduct while enhancing penalties for repeat offenders. At an event at New York University, Deputy Attorney General Lisa Monaco said the DOJ will make it harder for companies to enter into multiple settlements that defer or waive prosecutions, and it will try to reward companies that claw back executive compensation after learning of misconduct. Reuters has more on the story.