Just when it seemed that the legal climate was growing more favorable to the subjects of parallel government investigations, a prominent federal appellate court has declared, in effect, “not so fast.” Defense counsel and their clients, faced with even the possibility of such investigations, must continue to proceed with great caution.

Parallel investigations occur when two different government agencies — one civil, such as the Securities and Exchange Commission, and one criminal, such as the United States Department of Justice — investigate the same or similar conduct. While the sanctions sought by the civil and criminal agencies are different, the agencies’ ultimate goals — preventing and punishing what they view as illegal conduct — are the same. Accordingly, civil and criminal agencies often work closely with one another, sharing information and coordinating strategy.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]