Internal Investigations: Top 10 “Dos”

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Presentation transcript:

Internal Investigations: Top 10 “Dos” Corporate Counsel Women of Color Career Strategies Conference September 25, 2019 Lorraine Campos, Crowell & Moring Estela Diaz, Akin Gump Strauss Hauer & Feld Marla Tun Reschly, K&L Gates Natashia Tidwell, Hogan Lovells

Top 10 “Dos” Consider the impetus to conducting the investigation Determine the goal Define the nature of the investigation/investigator Develop the investigation plan Preserve documents Collect and review key documents Interview witnesses Research and analyze Draft investigation report Make recommendations/close out

The “Why” of the Investigation . . . Hot line tip Customer complaint Competitor complaint Request for information from the US Government Subpoena Routine internal audit Media inquiry Whistleblowers

Top 10 “Dos” Consider the impetus to conducting the investigation Determine the goal Define the nature of the investigation/investigator Develop the investigation plan Preserve documents Collect and review key documents Interview witnesses Research and analyze Draft investigation report Make recommendations/close out

Taking into account business considerations . . . what is the goal? Discover the facts Discover the cause Maintain privileged investigation/associated work product Implement corrective actions Minimize disruption to the business Minimize scope of enforcement action Determine disclosure obligations Avoid criminal referral/prosecution Minimize effect on any parallel private civil litigation

Top 10 “Dos” Consider the impetus to conducting the investigation Determine the goal Define the nature of the investigation/investigator Develop the investigation plan Preserve documents Collect and review key documents Interview witnesses Research and analyze Draft investigation report Make recommendations/close out

Critical threshold considerations Privilege issues In-house investigations/security, in-house counsel v. outside counsel Choose the right investigator Credibility and viability as witness if testimony is needed

Top 10 “Dos” Consider the impetus to conducting the investigation Determine the goal Define the nature of the investigation/investigator Develop the investigation plan Preserve documents Collect and review key documents Interview witnesses Research and analyze Draft investigation report Make recommendations/close out

Building blocks for the investigation Building and managing a team Information gathering and scoping Preserving, collecting, and reviewing documents Conducting interviews Background research/reports Legal research and analysis Client management Public relations

Other considerations External claims / regulators Remediation #MeToo Criminal, civil, administrative regulators Whistleblowers Shareholder / derivative / civil suits Auditors Remediation Personnel Policies, procedures, controls #MeToo Passage of time/historical allegations Due Process considerations

Top 10 “Dos” Consider the impetus to conducting the investigation Determine the goal Define the nature of the investigation/investigator Develop the investigation plan Preserve documents Collect and review key documents Interview witnesses Research and analyze Draft investigation report Make recommendations/close out

Document preservation Distribute Hold Notice ASAP To all holders of potentially relevant information Evaluate IT Dept capabilities and develop most cost-effective means of preserving and producing responsive information Electronic data challenges – volume, metadata, “imaging” of computers, devices Keep records to show what you produced, when you produced it, and how it was produced

Document preservation (cont.) Destruction of documents/data is a worst-case scenario Obstruction punishable by up to 20 years in prison (18 U.S.C. § 1519) “Anticipatory” obstruction – “in contemplation of …” Destruction can be used to establish intent for underlying crime Adverse inference in civil litigation Recent Boeing example

Top 10 “Dos” Consider the impetus to conducting the investigation Determine the goal Define the nature of the investigation/investigator Develop the investigation plan Preserve documents Collect and review key documents Interview witnesses Research and analyze Draft investigation report Make recommendations/close out

Documents can be outcome-determinative Identify types and custodians Consult with e-discovery professional Triage and review Forensic capture and analysis

Top 10 “Dos” Consider the impetus to conducting the investigation Determine the goal Define the nature of the investigation/investigator Develop the investigation plan Preserve documents Collect and review key documents Interview witnesses Research and analyze Draft investigation report Make recommendations/close out

Interviews . . . Maintain the Privilege Performed by attorneys Performed by non-attorneys at the direction of attorney(s) Should document Must be active direction Be careful in foreign jurisdictions Not always privilege for in-house counsel

Interviews – Preserving the Privilege Upjohn warning Everything said is confidential Should not discuss with anyone Can discuss underlying facts Represent the company not the individual Company can choose to waive Document interview and that warning was provided Document that not an exact transcription and contains mental impressions Impact of Yates memo

Top 10 “Dos” Consider the impetus to conducting the investigation Determine the goal Define the nature of the investigation/investigator Develop the investigation plan Preserve documents Collect and review key documents Interview witnesses Research and analyze Draft investigation report Make recommendations/close out

Now step back . . . Legal research Applicable standard of proof Meet with client before preparing final report Identify exposure to company – best case/worst case Reporting obligations and other implications

Top 10 “Dos” Consider the impetus to conducting the investigation Determine the goal Define the nature of the investigation/investigator Develop the investigation plan Preserve documents Collect and review key documents Interview witnesses Research and analyze Draft investigation report Make recommendations/close out

The Investigation Report Competing interests of privilege and transparency Purpose = to provide legal advice/analysis Limit distribution of privileged report Development of sanitized “facts only” secondary report Shared with prosecutors and regulators

Top 10 “Dos” Consider the impetus to conducting the investigation Determine the goal Define the nature of the investigation/investigator Develop the investigation plan Preserve documents Collect and review key documents Interview witnesses Research and analyze Draft investigation report Make recommendations/close out

Disclosing the Investigation Results Disclosures to Government Principles of Federal Prosecution/U.S. Sentencing Guidelines SEC Seaboard Standards/Incentives Potential Government intervention in qui tam actions SOX: public company + material = disclosure mandatory FAR mandatory disclosure requirements Sanctions/export controls disclosure requirements SAR filings for AML violations Other disclosures Board of Directors Outside Auditors

What Prosecutors/Regulators Expect Responsiveness Candor If company states it’s cooperating Full disclosure of the facts Facts about Individuals (Yates memo) Mitigation/Restitution Remedial Efforts

Rules to live by