• Is “channel checking” illegal insider trading?

    Bruce Carton of Securities Docket wrote a very interesting article called Who’s Checking Your Channel? The article highlights the practice of “channel checking” which has been something investment analysts have done for a long time. Now it appears that our […]

  • December 15 Webcast: Follow the Money – Using Technology to Find Fraud or Defend Financial Investigations

    On December 15, I am doing a webcast for Securities Docket. Sign up here. Financial investigations with high volumes of documentation are difficult, time-consuming, and not always effective. Traditional forensic accounting techniques rely primarily on a manual analysis of the […]

  • This Is Why I Do White Collar Criminal Defense Work

    I read a very interesting article yesterday on NYTimes.com, by John Kinnucan of Broadband Research. The FBI “invited” him to wear a wire and essentially entrap clients. He said no, and he told his clients about the FBI’s request. Of […]

  • Genuine Remorse From Sachdeva? Laughable.

    Yesterday, Sue Sachdeva was sentenced to 11 years in prison for her $34 million theft from her employer, Koss Corp.  I predicted a little slap on the wrist of 5 to 7 years, so she got two little slaps instead. […]

  • Koss Fraud Coverup Deemed “Complex” By the Government

    Yesterday the government’s sentencing memorandum in the criminal case against Sujata Sachdeva (the woman who stole more than $34 million from her employer, Koss Corp.) was released.  It had a number of items of interest. Prior to sentencing, the prosecution […]

  • Former Koss Executive Pulls Off “Complex” Fraud

    Nearly a year after she was arrested, Sue Sachdeva will be sentenced for stealing $34 million from the Koss Corporation.Sachdeva, a former executive at Koss, will be sentenced in federal court Thursday.

  • The Case for Independent Internal Investigations

    The United States Sentencing Guidelines (USSG) continue to make life tough for those in charge of corporate compliance and ethics. Corporate attorneys, both in-house and outside counsel, must ensure that companies are following protocols set for by the USSG. Rightfully, […]

  • Risks and Rewards of Independent Internal Investigations (ACC Docket)

    The Association of Corporate Counsel publishes ACC Docket, a monthly magazine for members. The October 2010 issue features an article on the benefits of independent internal corporate investigations. The most valuable portion of the article discuss how we have arrived […]

  • Internal Investigations and the Use of Auditors and Accountants

    When whistleblowers report potential ethics violations within companies, the first step the company must take is an internal investigation. The best internal investigations are independent and led by outside counsel, for a variety of reasons. But what about the part […]

  • Short On Ethics

    American Journalism Review By Cary Spivak Two Web sites that investigate business fraud are funded by short selling—placing market bets that the stock of companies they write about will go down. It’s an approach that makes journalism ethicists very uncomfortable. […]