Category: Podcasts

24 May, 2020

Episode 143 — The Boeing Safety Scandal and the Demise of Boeing’s Corporate Culture

Boeing Airlines was the leader in safety and financial success. Unfortunately, Boeing has suffered a significant fall from grace as a result of its 737 Max safety record and two devastating crashes in Indonesia and Ethiopia. The Boeing safety scandal has had a devastating impact on Boeing’s performance and uncovered a corporate culture that has been obsessed with financial performance to the detriment of safety...

Podcasts

17 May, 2020

Episode 142: Covid-19: The New Risk and Compliance Framework

The Covid-19 pandemic has had a devastating impact. Businesses have had to adjust rapidly to a new world, filled with significant healthy and safety risks, along with business survival and continuity issues. Companies have reacted with crisis management strategies. As part of this response, companies have to implement a new risk profile and allocate resources accordingly. In this episode, Michael Volkov reviews the new risk...

Podcasts

11 May, 2020

Episode 141 — Practical Approaches to Managing Beneficial Ownership Risks (Part II of II)

In a two-part series, Michael Volkov examines the continuing problem of identifying and mitigating beneficial ownership risks. Money launderers and corrupt individuals continue to rely on corporate structures to disguise their ownership interests to further illicit schemes. Companies have to develop strategies that practically address the risks without dedicating disproportionate resources to the problem. In the first episode, Michael Volkov discusses beneficial ownership risks and...

Podcasts

10 May, 2020

Episode 140 — Addressing Beneficial Ownership Interest Risks in Your Compliance Program (Part I of II)

Podcasts

3 May, 2020

Episode 139 — DOJ Resolves Two Food Safety Criminal Cases: Blue Bell Creameries and Chipotle Mexican Grills

The Justice Department recently resolved two food safety criminal cases involving Blue Bell Ice Cream and Chipotle Mexican Grills. In its largest food safety recovery to date, Chipotle agreed to a three-year deferred prosecution agreement and paid $25 million. In the Blue Bell Ice Cream case, Blue Bell agreed to plead guilty and pay $19.5 million in fines and penalties. Blue Bell’s former CEO, Paul...

Podcasts

26 Apr, 2020

Episode 138: Employee Relations and Engagement in the New COVID-19 Pandemic Era

Companies face new challenges in employee relations and promoting employee engagement in the COVID-19 pandemic era. Companies have to ensure employee a safe workplace with appropriate modifications to mitigate COVID-19 risks. At the same time, companies have to reinforce the importance of reporting employee concerns, and respond to these concerns in a prompt and reliable manner. In this episode, Michael Volkov discusses the new employee...

Podcasts

19 Apr, 2020

Episode 137 — FCPA Update: Eni Settles FCPA Case and SEC Files Case Against Ex-Goldman Sachs Executive

Despite the COVID-19 pandemic, the SEC entered into a settlement with Eni for $24.5 million for FCPA violations. In another matter, the SEC filed an FCPA case against a former Goldman Sachs executive for bribery in connection with business on behalf of a client in Ghana. In this episode, Michael Volkov reviews these two enforcement actions.

Podcasts

12 Apr, 2020

Episode 136 — Justice Department Fraud Enforcement in the Pandemic Era

The Justice Department and the FBI have quickly acted to focus on fraudsters and hoarders who are preying on the public panic in response to the pandemic. DOJ has focused on new fraud schemes promising miracle cures and other means to take advantage of the public on the Internet. At the same time, DOJ and the FBI have targeted hoarders of critical medical supplies who...

Podcasts

5 Apr, 2020

Episode 135 — A Personal Tribute to Judge Stanley Sporkin

Judge Stanley Sporkin, a mentor, friend and professional colleague, died at age 88 on March 23, 2020. In a personal tribute to Judge Sporkin, I recount some highlights of my relationship with Judge Sporkin.

Podcasts

22 Mar, 2020

Episode 132 — Key Elements of an Effective Antitrust Compliance Program

Companies need to review and enhance their antitrust compliance programs, especially those companies with tangible antitrust risks. In designing an effective antitrust compliance program, there are five key elements to an antitrust compliance program: (1) Risk Assessment; (2) Culture and Senior Management Buy-In; (3) Monitoring and Testing; (4) Training; and (5) Speak Up and Reporting Systems. In this Episode, Michael Volkov discusses the key elements of an...