Editor's note: This is the final in a three-part series of op-ed pieces on corporate governance. The articles, part of WTN Media's Boardroom Perspectives column, are written by associates in the Madison-based public accounting firm Candela Solutions, LLC.
According to the Asso......
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tigations start as small matters. Typically, the investigation starts as conversations between employees. If the matter grows in importance, the company asks its lawyer to conduct the investigation, thinking that the lawyer can't reveal what was said. The involvement of the lawyer has benefits and detriments. The benefits are that the lawyer will be a more skilled investigator than most managers, ......Full article >>>
Another example: three former executives at Converse Technology
have been charged criminally with fraud connected with alleged options backdating. All three had given statements to company lawyers. One of these three, the former CFO has now pleaded guilty.
Even if the company waives the Privilege and Doctrine so as to be deemed to ha......Full article >>>
the Judiciary Committee for hearings (which were held Sept. 12), and its president testified before the Judiciary Committee. In August, the ABA's House of Delegates adopted the report of its Attorney-Client Privilege Task Force - opposing the requirement of forced waivers.
The DOJ dozen
In a truly extraordinary development, 12 former DOJ officials signed a letter asking th......Full article >>>
n the public interest. The DOJ also said that they believed their current policy struck an effective balance between the interests of the business community and the investing public.
Two days after the hearing, Senator Arlen Spector
, R-Penn., announced he would introduce legislation to curb the DOJ's policies and practices regarding waivers by c......Full article >>>
a href="http://wistechnology.com/article.php?id=3550">Ron Kral: Corporate control begins with a strong board
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