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Compliance Hotline
General Counsel First to Be Indicted for Fraud
The Justice Department has issued its first-ever securities fraud indictment of a corporate general counsel. The U.S. Attorney's Office in San Francisco alleges that Jay Lapine, the former HBO & Co. General Counsel, actively participated in a fraud to deceive investors by assisting health care company, McKesson Corp., in designing and executing an elaborate plan to artificially increase revenues (sometimes by as much as 500%) prior to a merger. When the scheme was revealed, the combined company's market value plunged $9 billion in a single day.
New York's Latest Cybersecurity Commitment
On Aug. 9, 2023, Gov. Kathy Hochul introduced New York's inaugural comprehensive cybersecurity strategy. In sum, the plan aims to update government networks, bolster county-level digital defenses, and regulate critical infrastructure.
Law Firms are Reducing Redundant Real Estate by Bringing Support Services Back to the Office
A trend analysis of the benefits and challenges of bringing back administrative, word processing and billing services to law offices.
Bit Parts
Summary Judgment Denied Defendant in Declaratory Action by Producer of To Kill a Mockingbird Broadway Play Seeking Amateur Theatrical Rights
How AI Has Affected PR
When we consider how the use of AI affects legal PR and communications, we have to look at it as an industrywide global phenomenon. A recent online conference provided an overview of the latest AI trends in public relations, and specifically, the impact of AI on communications. Here are some of the key points and takeaways from several of the speakers, who provided current best practices, tips, concerns and case studies.