• U.S. Department of Justice Announces Updated Guidelines on Individual Accountability for Corporate Wrongdoing
  • September 24, 2015 | Authors: Henry W. (Hank) Asbill; Karen P. Hewitt; Henry Klehm; Jerry C. Ling; Peter J. Romatowski
  • Law Firms: Jones Day - Washington Office ; Jones Day - San Diego Office ; Jones Day - New York Office ; Jones Day - Shanghai Office ; Jones Day - Washington Office
  • On September 9, 2015, after years of criticism by Congress and commentators about the paucity of prosecutions of individuals in major white collar cases, Deputy Attorney General (“DAG”) Sally Yates announced six changes to policies and practices governing investigations of corporate misconduct in a memorandum (the “Yates Memo”) to prosecutors throughout the United States Department of Justice (“DOJ”).1 The next day, DAG Yates delivered a speech amplifying the new policies and practices at New York University Law School.2