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Editors

Harry Cassin
Publisher and Editor

Andy Spalding
Senior Editor

Jessica Tillipman
Senior Editor

Richard L. Cassin
Editor at Large

Elizabeth K. Spahn
Editor Emeritus

Cody Worthington
Contributing Editor

Julie DiMauro
Contributing Editor

Thomas Fox
Contributing Editor

Marc Alain Bohn
Contributing Editor

Bill Waite
Contributing Editor

Shruti J. Shah
Contributing Editor

Russell A. Stamets
Contributing Editor

Richard Bistrong
Contributing Editor

Eric Carlson
Contributing Editor

Bill Steinman
Contributing Editor

DOJ reduces compliance role for monitors

Brian Benczkowski, Assistant Attorney General for the Criminal DivisionThe head of the Justice Department’s criminal division issued new guidance to prosecutors that’s likely to reduce the number of corporate settlements that require the hiring of compliance monitors.… Continue Reading

DOJ: Biomet breached DPA

The DOJ said in a court filing this month that Biomet breached a 2012 deferred prosecution agreement “based on conduct in Brazil and Mexico.”

A status report filed in federal court in Washington, D.C.… Continue Reading

Julie DiMauro: Let’s keep the compliance monitor’s report confidential

The use of corporate monitors by judicial and regulatory government agencies to verify an organization’s compliance with settlement agreements and orders resolving corporate accountability continues to rise. The growing use of monitors has raised questions about the privacy of their reports and the public’s access to their findings.Continue Reading

KPMG pays $8.2 million for violating auditor independence rules

The Securities and Exchange Commission on Friday charged accounting firm KPMG with violating auditor independence rules.

An SEC investigation found that the Big Four firm provided non-audit assistance such as bookkeeping and corporate finance services to the affiliates of companies it was auditing.… Continue Reading

Diebold discloses $48 million ‘agreed in principle’ settlement

Diebold Incorporated said in an SEC filing Tuesday that it will pay $48 million to the DOJ and SEC to resolve FCPA offenses.

The Ohio-based ATM maker said it has ‘agreed in principle with the DOJ and the SEC to the terms of a proposed settlement of their inquiries, which terms remain subject to final approval by all parties.’… Continue Reading