The insider-trading charges announced by federal prosecutors in Manhattan against five top executives and hedge fund billionaire Raj Rajaratnam on Friday are sure to affect how attorneys advise their corporate clients, say several white-collar defense lawyers.

“Companies immediately need to establish their credibility with the government,” says Baker & Daniels white-collar defense partner J.P. Hanlon, co-author of a new textbook on punishing corporate crime. “That helps corporations get control over a situation and allow the government to work with a company to get documentation and data in an investigation.”

This content has been archived.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 Advance® 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]