More Corporate Guilty Pleas Coming Soon, Says US Criminal Chief

The Justice Department’s criminal chief said “a number of guilty pleas” are coming from corporations in early 2024, as DOJ faces bipartisan criticism from Capitol Hill over the pace and toughness of white-collar enforcement.

A series of company settlements following DOJ white-collar investigations “just missed” closing before the New Year, but are now expected in January and February, said Nicole Argentieri, the criminal division’s acting assistant attorney general, in a Dec. 28 interview. She didn’t specify their nature beyond saying they’ll be “impactful” and “involve different industries.”

Lawmakers, former prosecutors, and other critics have pointed to a decline in annual ...