Stamboulidis on the monitorships
and is currently managing a team of attorneys and forensic specialists on the Bank of New York Mellon monitorship
the monitor stated that several months into the monitorship
, Con Ed
While the completion of the monitorship
is an important milestone, our strong commitment to operating ethically and compliantly will continue indefinitely.
Department of Justice ("DOJ") Monitorship
and Deferred Prosecution Agreement ("DPA") Willbros announced that the DOJ has filed a motion to dismiss the FCPA-related criminal charges filed previously against the Company stemming from legacy issues in Nigeria and South America in 2005, which led to the DPA.
In order to make sure that the Audit Committee can review this issue with complete independence, the Breeden Partners nominees will not serve on the Audit Committee at any time while the KPMG monitorship
is still in existence.
The team, which includes former business crimes prosecutors from large metropolitan areas, in addition to former federal prosecutors and enforcement officials, has represented top tier banking and investment firms by establishing monitorship
programs in conjunction with government regulators, and represented clients involved with complex white collar crime, regulatory investigations and litigation.
, which will last five years, involves overseeing the implementation of the decrees, providing technical assistance to the police department, and issuing regular public reports assessing the police department's progress.
Sears and Jenkins, both formerly with Kroll Associates, have each practiced law in Southern California for more than a decade and bring a wealth of federal and state prosecution, investigation and monitorship
experience to the DSFX team.
He will focus on general litigation consulting, including discovery, investigations, and compliance and monitorship
They have represented top tier banking and investment firms by establishing monitorship
programs in conjunction with government regulators in accordance with best practice standards.
Alonso oversaw the deferred prosecution of the New York Racing Association, including the successful federal monitorship
In these, the corporations agree to perform a variety of actions--including paying substantial fines, disgorging profits, implementing internal compliance programs and monitorships
, and generally cooperating with any ongoing investigation--in exchange for settlement of FCPA charges.
Cristie Ford & David Hess, Can Corporate Monitorships
Improve Corporate Compliance?
Monitor Nancy Kreiter says, for example, that where some firms facing monitorships
"want to take advantage of the consent decree, and become a model," Dial was more interested in a more limited version of compliance.
He further has particular and extensive experience in conducting corporate compliance monitorships
and compliance program evaluations, including in matters before domestic, foreign, and multinational regulators, as well as in assisting American and European clients in designing, administering, and maintaining anti-corruption programs.