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Seven Ways To Protect Your Company

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Presentation on theme: "Seven Ways To Protect Your Company"— Presentation transcript:

1 Seven Ways To Protect Your Company
Robert S. Litt Arnold & Porter LLC

2 Seven Ways to Protect Your Company
Legal as Input Or Why is a Lawyer Like an Insurance Policy?

3 Seven Ways to Protect Your Company
One: Have a Real Compliance Program Show Your Commitment to Law, Don’t Tell It

4 Seven Ways to Protect Your Company
DOJ: “A truly effective compliance program may result in a decision to charge only the corporation’s employees and agents.”

5 Seven Ways to Protect Your Company
OIG: “A good faith effort by the company to comply demonstrated by an effective compliance program, significantly reduces the risk of unlawful conduct and any penalties that result from such behavior.”

6 Seven Ways to Protect Your Company
Training, Supervision and Discipline

7 Seven Ways to Protect Your Company
Two: Separate Science and Sales Safety Counts!

8 Seven Ways to Protect Your Company
Three: Sometimes the Envelope Breaks if You Push Too Hard

9 Seven Ways to Protect Your Company
Four: Investigate and Remediate

10 Seven Ways to Protect Your Company
Five: To Cooperate or Not To Cooperate?

11 Seven Ways to Protect Your Company
Six: Don’t Say Too Much Too Soon

12 Seven Ways to Protect Your Company
Seven: The Cost of Saving Your Company: Throwing Culpable Individuals Overboard Deferred Prosecution/Corporate Integrity Agreement Monitor

13 Seven Ways to Protect Your Company
Resources: DOJ McNulty Memorandum: DOJ Memo on Monitors: HHS OIG Guidance on Compliance (Pharma): Recent Medical Device Criminal Settlements: can be found at 9/27/07 releases


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