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Compliance Building

Doug Cornelius on compliance for private equity real estate

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Tag: Dewey & LeBoeuf

Do Law Firms Need Compliance Programs?

Doug Cornelius March 10, 2014March 10, 2014 Accounting   1

Do as I say; Not as I do. The bankruptcy of Dewey & LeBoeuf sent shivers throughout big law firms. The firm could trace its history back 100 years and employed over 1000 lawyers when it exploded. Last week, key leaders of the firm were charged with securities law violations and criminal theft charges related … Read more »

Lawyers and Insider Trading

Doug Cornelius March 21, 2011March 16, 2011 Insider Trading   [+]

Even smart people do dumb things. Lawyers presumably know the law, but still break it. That means they occasionally take some short term profits through insider trading and get caught red-handed. Everyone is focused on the Galleon Group insider trading trial happening in Manhattan, threatening to put Raj Rajaratnam in jail. That case is complicated … Read more »

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