The Justice Department is on the verge of encouraging corporate crime whistleblowers by letting the individuals reap financial benefits, building on the Securities and Exchange Commission’s model.
Deputy Attorney General Lisa Monaco is expected to announce Thursday that DOJ will incentivize individuals to “come forward and blow the whistle when they weren’t involved in the misconduct,” said Marshall Miller, who is Monaco’s top deputy, at a legal conference Wednesday.
Miller described it as a corollary of sorts to Monaco’s past efforts at sweetening the rewards for companies to quickly and voluntarily self-disclose wrongdoing.
“The next step is in the monetary ...
Learn more about Bloomberg Law or Log In to keep reading:
Learn About Bloomberg Law
AI-powered legal analytics, workflow tools and premium legal & business news.
Already a subscriber?
Log in to keep reading or access research tools.