News Briefs: September 25, 2023

In a Sept. 21 speech, Principal Associate Deputy Attorney General Marshall Miller addressed voluntary self-disclosure related to mergers and acquisitions (M&A).[1]  “Encouraging corporate responsibility includes avoiding unintended consequences – like deterring companies with good compliance programs from acquiring companies with histories of misconduct. Acquiring companies should not be penalized when they engage in careful pre-acquisition diligence and timely post-acquisition integration to detect and remediate misconduct at the acquired company’s business,” Miller said. Stay tuned, because he expects Deputy Attorney General Lisa Monaco to take on voluntary self-disclosure in the M&A space soon.

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