Source: http://www.lawjournalpress.com/player/eBook_122_Corporate_Governance__Avoiding_and_Responding_to_Misconduct.html
Timestamp: 2019-01-16 03:31:33
Document Index: 206907550

Matched Legal Cases: ['§ 1', '§ 1', '§ 1', '§ 2', '§ 2', '§ 2', '§ 2', '§ 2', '§ 2', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 4', '§ 4', '§ 4', '§ 5', '§ 5', '§ 5', '§ 5', '§ 6', '§ 6', '§ 6', '§ 7', '§ 7', '§ 7', '§ 8', '§ 8', '§ 9', '§ 9', '§ 9', 'art 205', '§ 9', '§ 10', '§ 10', '§ 10', '§ 11', '§ 11', '§ 11', '§ 12', '§ 1519', '§ 1520', '§ 12', '§ 12', '§ 12', '§ 13', '§ 13', '§ 13', '§ 14', '§ 14', '§ 14', '§ 14', '§ 14', '§ 14', '§ 14', '§ 15', '§ 15', '§ 15', '§ 15', '§ 16', '§ 16', '§ 16', '§ 16', '§ 16', '§ 16', '§ 16', '§ 16', '§ 17', '§ 17', '§ 17', '§ 17', '§ 17', '§ 18', '§ 18', '§ 18', '§ 18', '§ 18', '§ 18', '§ 18', '§ 18', '§ 18', '§ 19', '§ 19', '§ 19', '§ 19']

$747.00 PRINT + ONLINE + EBOOK
$710.00 EBOOK + ONLINE
Author Name Kevin T. Abikoff
ISBN no. 978-1-58852-142-2
eBook ISBN no. 978-1-58852-304-4
Chapter 1: Financial Fraud in Context
§ 1.02 Bubbles
§ 1.03 Swindles
§ 1.04 Lessons Learned from Previous Bubbles and Scandals
Chapter 2: Structural Governance: Board of Directors’ Committee Mechanics and Mechanisms
§ 2.01 Background
§ 2.02 The Role of Board Committees
§ 2.03 Regulating Board Committees
§ 2.04 Lead Director
§ 2.05 Director Self-Evaluation
§ 2.06 Promoting Director Quality
Chapter 3: Structural Governance: Director Independence and Related Issues
§ 3.02 Overview of Common Law Standards
§ 3.03 Sarbanes-Oxley: The Role of the Audit Committee; Audit Committee Independence and Related Issues
§ 3.04 New York Stock Exchange Independence Standards
§ 3.05 NASDAQ and American Stock Exchange Independence Standards
§ 3.06 Securities and Exchange Commission Standards Regarding Independence
[3] 2012 Amendments to SEC Rules
[4] Regulation S-K, Item 407
[5] Related Person Transactions
§ 3.07 Private Litigation: Raising the Bar
Chapter 4: Enhanced Controls
§ 4.02 Internal Controls
[a] Management Reporting Under the SEC Rules
[b] The Auditor’s Attestation Report
[i] Exemption for Smaller Companies
[ii] JOBS Act Exemption
[c] Disclosure Controls and Procedures
[i] Substantive Interaction with the Internal Controls Over Financial Reporting
[ii] Evaluation and Disclosure Issues
§ 4.03 Officer Certifications
[a] SEC June 2002 Requirements
[b] Sarbanes-Oxley Act Changes
[c] SEC Implementation of the Sarbanes-Oxley Act
[d] Enforcement
[i] Section 906
[ii] Section 302 of the Sarbanes-Oxley Act
[e] NYSE Certification
§ 4.04 Practical Considerations
Chapter 5: Framework for Corporate Compliance
§ 5.02 Defining an Effective Compliance Program
[1] The Sentencing Guidelines Standards
§ 5.03 Developing an Effective Compliance Program
[4] Conduct a Risk Assessment
[5] Require Regular Reporting to Senior Management and the Board
[6] Monitor Compliance
[7] Use Available Benchmarking Tools
[8] Adapt Policies to Different Locations and Units
[9] Conduct Periodic Assessments of the Compliance Program
[10] Exercise Extreme Caution When Granting Exceptions
[11] Employ Reporting Mechanisms
[12] Take Prompt and Appropriate Corrective Action
[13] Make Ethics Part of the Hiring and Evaluation Processes
[14] Communicate Regularly and Through Multiple Media
[15] Train Employees and Third Parties
§ 5.04 Codes of Business Conduct
[a] Sarbanes-Oxley Requirements
[b] SEC Implementing Regulations
[a] NYSE Rules
[b] NASDAQ Rules
§ 5.05 SEC Whistleblower Protections
Chapter 6: Common Law Directorial Duties in Light of Allegations or Evidence of Misconduct
§ 6.02 The Business Judgment Rule
§ 6.03 Directorial Duties
[a] Permissible Reliance on Others
[b] Exculpation Clauses
[c] Good Faith
§ 6.04 Comments
Chapter 7: The SEC’s Influence on Board Responses to Allegations or Evidence of Misconduct
§ 7.02 Historic SEC Views Regarding Directorial Duties
§ 7.03 The Seaboard Report and the Penalties Guidance
[3] Cooperation of Individuals
§ 7.04 Comments
Chapter 8: The Department of Justice Influence on Board Responses to Allegations or Evidence of Misconduct
§ 8.02 The Federal Sentencing Guidelines Impact on Investigatory Behavior
§ 8.03 The Department of Justice Guidelines for Prosecution of Corporation’s Impact on Investigatory Behavior
[a] Identity of Purported Wrongdoers
[b] Make Witnesses and Documents Available
Chapter 9: The Role of Counsel in the Investigative Process
§ 9.01 Background
§ 9.02 Historical Background and Past Approaches to the Role of Counsel
[a] Canons of Professional Ethics
[b] The Model Code of Professional Responsibility
[c] The Model Rules of Professional Conduct
§ 9.03 Modern Developments in the Role of Counsel
[a] Sarbanes-Oxley Section 307
[b] Part 205—Background, Scope and Definitions
[c] Section 205.3—Issuer as Client
[i] Section 205.3(b)—Duty to Report Evidence of a Material Violation
[ii] Section 205.3(c)—Alternative Procedures
[iii] Section 205.3(d)—Issuer Confidences
[iv] The “Noisy Withdrawal” Provision
[d] Section 205.4—Responsibilities of Supervisory Attorneys
[e] Section 205.5—Responsibilities of Subordinate Attorneys
[f] Section 205.6—Sanctions and Discipline
[g] Section 205.7—No Private Right of Action
[a] Rule 1.13—Organization as Client
[b] Rule 1.6—Confidentiality of Information
[a] Background to the Lauren Stevens Prosecution
[b] Summary of Proceedings and Outcome
[c] Lessons From the Stevens Prosecution
§ 9.04 Comments
[a] State Reaction to the SEC’s Noisy Withdrawal Provision
[b] Responses to ABA Amended Rules
Chapter 10: Whistleblowers
[a] Federal Civil False Claims Act
[c] Private Securities Litigation Reform Act
[d] Department of Labor/OSHA Regulations
§ 10.02 Sarbanes-Oxley Whistleblower Initiatives
[a] Section 806
[b] Section 1107
[c] Jurisdiction and Remedies
[d] Comments
§ 10.03 Dodd-Frank Act
[2] Anti-Retaliation Protection
§ 10.04 Practical Implications
Chapter 11: Document Retention and Production with Emphasis on Rules Relating to Electronic Discovery
§ 11.01 Overview and Context
[1] The Duty to Preserve and the Spoliation of Evidence
[2] Cost Shifting in Electronic Discovery
[3] Technologies Used in Electronic Discovery
§ 11.02 Enhanced Obligations of Accountants and Accounting Firms to Preserve Documents
§ 11.03 2006 Amendments to the Federal Rules of Civil Procedure Relating to Electronically Stored Information
Chapter 12: Pitfalls of Failed Document Production Efforts
§ 12.01 Criminal Penalties for Document Destruction
[a] Sarbanes-Oxley Section 802
[i] 18 U.S.C. § 1519
[ii] 18 U.S.C. § 1520
[b] Sarbanes-Oxley Section 1102
[i] Changes in Criminal Penalties
[ii] Potentially Lesser Scienter Requirement: Knowingly Rather than Corruptly
[iii] Adoption of the “In Contemplation of” Standard
[iv] Expanded Applicability to “Administration of Any Matter”
§ 12.02 The Hazards of Spoliation: Zubulake and Morgan Stanley
§ 12.03 SEC Requirements and Link to Cooperation
§ 12.04 Commentary
Chapter 13: Treatment of Electronic Materials at Issue in Securities and Exchange Commission Investigations
§ 13.02 Plan for Litigation
§ 13.03 Act Quickly
[d] Mitigating Disaster Recovery
§ 13.04 Do It Right
[b] Execute
[c] Locate
[d] Sequester
Chapter 14: Select Issues in SEC Enforcement
§ 14.01 Commencement
§ 14.02 Conduct of Investigation
§ 14.03 Enforcement Actions
§ 14.03A Cooperation Tools
§ 14.04 Remedies
§ 14.05 Sarbanes-Oxley Enforcement Reforms
§ 14.06 Collateral Consequences
Chapter 15: Select Issues in White Collar Criminal Enforcement
§ 15.01 Vicarious Liability
§ 15.02 Corporate Prosecutions
[a] Nature of the Offense
[b] Pervasiveness of Wrongdoing within the Corporation
[c] The Corporation’s Past History
[d] Cooperation and Disclosure
[e] Corporate Compliance Programs
[f] Voluntary Disclosures
[g] Restitution and Remediation
[h] Collateral Consequences
[i] Adequacy of Prosecuting the Individuals Responsible
[j] Civil or Regulatory Alternatives to Prosecution
[k] Prosecutorial Discretion
[a] Deferred-Prosecution Agreements
[b] Non-prosecution Agreements
§ 15.03 The Cooperation Decision
[2] Self-Disclosure Requirement for Government Contractors
[3] Negative Consequences of Cooperation
[a] Fines and/or Restitution
[b] Waiver of the Privileges
[c] Independent Monitoring
[i] Guidelines for Monitorships
[ii] Trends in Monitorships
[A] Hybrid Monitorships
[B] Self-Reporting Monitorships
[d] Becoming Adverse to Employees
§ 15.04 Corporate Sentencing
Chapter 16: Select Aspects of Executive Compensation
§ 16.02 Section 16—Reporting of Insider Securities Transactions
§ 16.03 Pension Plan Blackouts—Notices and Trading Restrictions
§ 16.04 Prohibition on Loans
§ 16.05 Form 8-K Reporting of Executive Compensation
§ 16.05A Dodd-Frank Act
§ 16.05B Jumpstart Our Business Startups Act (JOBS Act)
[1] Emerging Growth Companies
[2] Registration Requirements
§ 16.06 Restrictions on Deferred Compensation
[2] Restrictions on Deferred Compensation Plans - The Statutory Provision
[a] Definitions and Scope
[c] Timing of Deferral Election
[d] Prohibition on Acceleration
§ 16.07 Conclusion
Chapter 17: Select Issues in Securities Class Action Litigation
[2] Private Enforcement of Securities Laws
§ 17.02 Selection of Lead Plaintiff
[a] Identifying the Presumptive Lead Plaintiff
[b] Determining the Plaintiff with the Largest Financial Interest
[c] The Adequacy and Typicality Requirements
[6] Grouping of Leading Plaintiffs
§ 17.03 Pleading Standards
§ 17.04 PSLRA Stay of Discovery Provisions
§ 17.05 Class Certification
[a] Rule 23(a) Requirements
[i] Numerosity
[ii] Commonality
[iii] Typicality
[iv] Adequacy of Representation
[b] Rule 23(b) Requirements
[a] Common Issues May Not Predominate When Reliance is Not Presumed
[b] “Unique Defense” Makes Plaintiff an Atypical Representative
[c] Denying Class Certification or Limiting Class Size in Section 11 Actions
§ 17.06 Statute of Limitations
[a] Claims Involving Fraud: Section 10(b) and Rule 10b-5
[i] Length of the Limitations Period
[ii] “Discovery” of Facts Constituting Fraud
[iii] The Merck Decision
[iv] Circumstances that Suggest Fraud
[b] Section 18
[c] Section 9(e)
[a] Length of the Limitations Period
[b] Triggering the Limitations Period
[i] Discovery of Facts Constituting the Violation
[ii] Bona Fide Offering
Chapter 18: Select Issues in the Foreign Corrupt Practices Act
§ 18.02 Overview of the FCPA
[a] Record Keeping
§ 18.03 “Promises” and “Anything of Value”
§ 18.04 The “In Furtherance” Requirement
§ 18.05 Who Is a “Foreign Official”
§ 18.06 The Intent Requirement
§ 18.07 The “Obtain or Retain Business” Element
§ 18.08 Use of Advisory Opinions
§ 18.09 Enforcement Trends
[1] Prosecution of Individuals
[2] Broad Reading by Agencies of FCPA Elements
[a] Expansive Jurisdictional Reach
[b] Whistleblower Reports
[c] Efforts to Protect Compliance Officers
[3] Industry-Wide Investigations
[4] Violations Absent Bribery
[5] Private Litigation
[a] Derivative Suits
[b] Securities Suits
[c] Suits by Foreign Governments
[6] International Anti-Corruption Enforcement
§ 18.10 Due Diligence
[a] The Baker Hughes Settlement
[b] Due Diligence Lessons from Baker Hughes
[c] When a Problem is Discovered
Chapter 19: Select Issues in Governance of Not-for-Profit Organizations
[a] The Nature Conservancy
[b] American Red Cross
[c] American University
[d] Smithsonian Institution
[e] Wounded Warrior Project
§ 19.02 Policies and Procedures
[8] Political Activity and Lobbying
§ 19.03 Board Structure and Composition
§ 19.04 Board Responsibilities
§ 19.05 Timetables
Appendix A The Department of Justice Memorandum on “Principles of Federal Prosecution of Business Organizations” (the “McNulty Memorandum”)
Appendix B United States Sentencing Guidelines Chapter 8—Sentencing of Organizations
For anyone who has been dealing with both the intended and unintended consequences of Sarbanes-Oxley and other new laws and regulations, Corporate Governance: Avoiding and Responding to Misconduct is an essential guide. This timely book describes step by step the measures needed to prevent criminal actions within a corporation and minimize the impact of misconduct that may have already occurred. It discusses the process of establishing a corporate compliance program, how to recognize corporate misconduct, the duties corporate officers and directors are obligated to perform following misconduct, and the impact SEC and DOJ pronouncements may have on how the board of directors responds to allegations of misconduct. You'll find detailed guidance on the role of counsel in investigating and advising on potential abuses, invaluable for both in house and outside counsel. Corporate Governance: Avoiding and Responding to Misconduct also includes coverage of executive compensation issues, the Foreign Corrupt Practices Act, and other important topics, placing all of them in the context of the broader legal landscape. Filled with legal and practical insights on how to prevent corporate malfeasance or handle it after the fact, this new book will help guide you and your company or client through a minefield of potential difficulties.
FirstName : Kevin T.
LastName : Abikoff
By: Kevin T. Abikoff
Release 22 for Corporate Governance: Avoiding and Responding to Misconduct analyzes proposed amendments to the rules governing the whistleblower program. The amendments include enhanced power of the SEC to change the size of awards, guidance to the “independent analysis” standard, and change in the definition of “action.”
This Release also features a discussion of Digital Realty Trust, Inc. v. Somers, in which the Supreme Court narrowed the definition of “whistleblower” in Dodd-Frank retaliation cases. The Court considered whether employees who report a violation of securities laws to the SEC can be entitled to anti-retaliation, whistleblower protection.
Delaware Supreme Court’s approach for determination of independence of a director
Protection provided under Title 31, Section 3730(h) of the United States Code to employees who have been discharged, and the case law that extends the protection to those who had no other choice besides leaving
Recent verdicts and statistics indicating a rise in the number of successful SOX whistleblower litigations