DOJ to Crack Down on Corporate Crime by Luring Cooperators

The Justice Department will allow more companies that voluntarily report misconduct and cooperate on remedial actions to avoid pleading guilty as part of a new bid to crack down on corporate crime.

The department also will shift the focus to prosecuting executives by encouraging companies to claw back compensation from executives and employees responsible for wrongdoing.

Deputy Attorney General Lisa Monaco is laying out the policy changes in a speech Thursday at New York University Law School. They’re the long-anticipated results of a yearlong review of the department’s white-collar enforcement practices.

“The policies we’re announcing today make clear that we ...