Thread by @TheJusticeDept

#HappeningNow Deputy Attorney General Lisa Monaco announces changes to #DOJ's corporate criminal enforcement at @nyulaw

@nyulaw "We’re empowering companies to do the right thing—and empowering our prosecutors to hold accountable those that don’t." - Deputy Attorney General Lisa Monaco

@nyulaw "Whether wrongdoers are on the trading floor or in the C-suite, we will hold those who break the law accountable." - Deputy Attorney General Lisa Monaco

@nyulaw "Companies can’t assume that they are entitled to an NPA or a DPA, particularly when they are frequent flyers. If any corporation still thinks criminal resolutions can be priced in as the cost of doing business, we have a message—times have changed." - DAG Monaco

@nyulaw “We expect good companies to step up & own up to misconduct. Absent aggravating factors, we will not seek a guilty plea when a company has self-disclosed, cooperated, & remediated. The math is easy: self-disclosure can save a company hundreds of millions of dollars.” -DAG Monaco

@nyulaw “Where corporate monitors are warranted, Department prosecutors will ensure they remain on the job, on task, and on budget. Where DOJ imposes a monitor, we recognize our obligation to stay involved and monitor the monitor.” - DAG Monaco

@nyulaw “Prosecutors going forward will evaluate both what companies say and what they do, including whether, after learning of misconduct, a company actually claws back compensation or otherwise imposes financial penalties on responsible individuals.” - DAG Monaco

@nyulaw Deputy Attorney General Lisa O. Monaco Delivers Remarks on Corporate Criminal Enforcement

justice.gov/opa/speech/dep…

@nyulaw Deputy Attorney General Lisa O. Monaco Delivers Remarks on Corporate Criminal Enforcement