According to the Department of Justice, Sultan Issa, the former Chief Financial Officer of a group of partnerships, corporations and trusts owned by a Chicago-area family, recently pled guilty to embezzling over $65 million. “Simply, I lied to a lot of people and I stole their money,” Issa told U.S. District Judge Andrea Wood. “And financial institutions as well.” Issa used his position of trust to steal money to fund his lavish lifestyle for nearly a decade. How did his … Read More
A recent article from the Wall Street Journal discusses the resignation of the Care.com CEO after an earlier investigation reported on the inadequate vetting of the company’s caregivers. “Ms. Marcelo’s resignation as CEO comes after the Journal’s investigation in March found instances in which caregivers hired through the Care.com platform had police records and were accused of committing crimes while caring for clients, including child abuse, sexual assault and murder.”
This is truly alarming, and of great concern to those … Read More
Lesson From Apple
The Securities and Exchange Commission recently filed a lawsuit against a former Apple executive alleging he engaged in insider trading. According to the SEC’s complaint, as the previous global head of corporate law and corporate secretary, he was responsible for ensuring that employees complied with the company’s policy on insider trading. He also received material non-public information about Apple’s finances as a member of the company’s disclosure committee. The SEC alleges he, on at least three occasions, … Read More
May 18, 2018 | Investigations
In a highly competitive lateral market, about half of law firm hires don’t make it past the first five years and retention rates continue to disappoint. Retaining key hires can be a complex issue and chief among the considerations is being sure the due diligence is done before making an offer. A quick scan of any legal publication illustrates how, time and time again, the reputation of a firm is damaged by a lack of proper due diligence.
The scenario … Read More
November 22, 2017 | Investigations
Sexual harassment is a topic discussed in earnest at all levels of our organizations. Businesses are now looking backwards and questioning past accepted behavior in light of today’s public allegations. While this may demonstrate enlightened reflection on the part of business, it can also shed light on cultural, accepted norms and vulnerabilities which may impact these organizations.
Each business has a specific DNA or culture and can range from large publicly-traded, very traditional organizations to those organizations which are described … Read More
Last week U.S. Immigration and Customs Enforcement (ICE) issued a news release regarding a significant worksite enforcement settlement which was touted as the “largest civil settlement agreement ever levied by ICE”. The question being asked by many employers, “Is this the return to worksite enforcement under the Trump Administration?” Given the strong talks about the southern border wall and being more aggressive on immigration enforcement by the current Administration, one area that has remained relatively quiet is worksite enforcement, both … Read More
During his inaugural address, President Trump provided a glimpse into the priorities his administration will pursue, including immigration enforcement. He stated, in part, “We will get our people off of welfare and back to work – rebuilding our country with American hands and American labor.” This clearly points not only a desire to prevent the outsourcing of American jobs, but also a desire to ensure only authorized workers in the United States are engaged in the workforce.
President Trump and … Read More