On December 6, 2024, Principal Associate Deputy Attorney General Marshall Miller provided an update on the Justice Department’s (DOJ) corporate criminal enforcement efforts during his keynote address at the Practicing Law Institute’s White Collar Crime 2024 Program. Among other topics, Miller addressed ongoing efforts to combat corporate crime using self-disclosure policies and whistleblower programs when he said, “We’ve given good actors more avenues to help us go after the bad guys – through innovative whistleblower programs and consistent, transparent, and predictable voluntary self-disclosure policies. And we’ve made clearer than ever before what we expect from companies cooperating with government investigations to accelerate investigations of wrongdoers.”
In the speech, Miller touted the DOJ’s recent successes securing convictions of numerous individuals, including “the CEOs of the world’s two largest cryptocurrency platforms – FTX and Binance; the CEO and COO of Theranos; the founder and the CFO of Archegos; two senior executives of Goldman Sachs; and dozens of other high-ranking executives across a range of industries.” In addition, Miller reiterated the continuing focus on whistleblowers and voluntary self-disclosure policies, asserting that the DOJ had “clarified the rules of the road” on those topics. Miller highlighted the similarities between voluntary self-disclosure policies and whistleblower programs, noting “for the first time as of August 2024, DOJ has...
On July 7, U.S. District Judge Colleen McMahon imposed a judgment of $949 million against CVS Health and its subsidiary, OmniCare Inc., after a jury found the defendants liable under the... To view...