Revamped DOJ Compliance Unit Takes On Greater Role in Corporate Settlements

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The Justice Department’s Corporate Enforcement, Compliance and Policy Unit is hiring as it takes on more responsibility in overseeing settlements with companies

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However, over time, it has evolved to provide more assistance to prosecutors, who negotiate settlements with companies, according to Lauren Kutman, an assistant chief at the unit.

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“Over the years it has taken on more responsibilities to oversee corporate proposals, ensure consistency, and specifically look at compliance and compliance factors in our offerings,” Ms. Cootman said.

He said the entity will soon add more lawyers with compliance expertise, including law firms or companies, to help assess corporate compliance programs.

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Ms. Cootman was hired last year from law firm Aurick, Harrington & Sutcliffe LLP as a compliance specialist in the division, then called the Strategy, Policy and Training Unit. His appointment follows, among others, the position he once held for Chen, who was hired in 2015 to serve as the Justice Department’s first compliance advisor. Ms. Chen, who had held compliance roles in the corporate world, left the Justice Department in 2017.

Last year, the Justice Department changed the name of the entity to better fit its relocation role in the fraud section. Located in the Washington Headquarters of the Justice Department, this section is responsible for investigating corporate fraud, market manipulation and foreign bribery.

Federal prosecutors have urged companies in recent years to invest in building and maintaining compliance programs to help prevent legal violations or detect them once they occur. Officials said companies that are scrutinized by the Justice Department are eligible for more lenient treatment.

The Justice Department also recruits attorneys with compliance experience for more senior positions. Last year, the Biden administration picked Kenneth Polite, a former U.S. attorney for New Orleans and a former chief compliance officer for power company Entergy. Corporation

To serve as Assistant Attorney General for the Department’s Criminal Division, which houses the Fraud Section.

Earlier this month, Mr Polite announced that Glenn Lyon, a former federal prosecutor and chief compliance officer of Hewlett Packard Enterprise, is taking over. Co.

Will act as the head of the fraud section.

write to Dylan Tokar [email protected] . Feather

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