Compliance Perspectives: Volkswagen's Transformation
Daily Compliance News: March 3, 2020, the Devil’s Advocate edition
Compliance into the Weeds-Episode 62, Sentencing of VW Employee Oliver Schmidt
Day 20: What Does Innovation in Compliance Look Like?
News recently published by multiple media outlets suggest that certain subcomponents incorporated into a variety of Volkswagen-owned vehicles—including cars manufactured by luxe brands Porsche, Bentley and Audi—were sourced...more
CYBERSECURITY - Law Enforcement Takes Down DoubleVPN - I love seeing another win for law enforcement in the cyber context. Servers and web domains owned by DoubleVPN, a virtual private network, were seized recently...more
The Nasdaq has set Coinbase’s reference price at $250/share ahead of today’s first day of trading for the crypto exchange that’s making its public debut via direct listing ...more
The Volkswagen Dieselgate scandal captured global headlines and was profoundly disruptive to the company, resulting in substantial penalties and a three-year monitorship under former Deputy Attorney General Larry D. Thompson...more
In today’s edition of Daily Compliance News: Deutsche Bank red flag raises issues. (FT) VW hires ‘the devil’s advocate’. (FT) Will coronavirus change the ways businesses work? (FT) How coronavirus is negatively impacting one...more
Malware goes commercial. Last year, Jeff Bezos’ phone was hacked after he received a message on WhatsApp containing a line of malware code. The incident has shed light on the malware, aka spyware, industry. Companies sell...more
As many of you all know, Matt Kelly can rant with the best of them, right up there with Howard Sklar. I was quite intrigued when I read Matt’s December 11, 2017 blog post entitled, “At What Cost Dishonesty? For VW Exec, Seven...more
In the world of mass torts, there is no shortage of scheme or artifice plaintiffs’ counsel will use to try to avoid the removal of lawsuits to federal court. However, it would be unreasonable and unjustified for a defendant,...more
One of our priorities is tracking the big issues affecting in-house counsel, and since 2015 seems to be the year of the “Top __ List,” we thought it would be fun to jump on that bandwagon too. It’s helpful to understand your...more
German auto manufacturer Volkswagen (VW) is reportedly using German privacy laws to resist turning over its top executives’ internal corporate emails and other communication materials to United States attorneys general and...more
"Wherefore Art Thou Due Process?" Part III - Why it matters: It is time for another installment in our continuing "Wherefore Art Thou Due Process?" coverage into the ongoing constitutional challenges to the SEC's...more
Today, I wrap up my series on why I think compliance is at the Tipping Point. However as it is a Friday in October, I continue my tribute to the Man in the Shadows, producer Val Lewton, whose films for RKO had some of the...more
I continue my series on why I believe that compliance is at the ‘Tipping Point’ with a discussion of the Volkswagen (VW) emissions-testing scandal and its effect on the greater compliance world. Myself and many other...more
The Volkswagen scandal will be studied for years. One of many themes from the Volkswagen scandal will rest on the complete absence of any commitment to corporate governance. Volkswagen’s weird corporate structure (it is owned...more
Things are seriously bad when one of the world’s most respected business focused publications, the Financial Times (FT), asks if the auto “industry faces ‘Libor moment’”? Yet that was a headline yesterday in the lead article...more
Last week, Volkswagen Group of America announced a "Community Organization Engagement" policy that will allow labor organizations to engage in what the company calls "constructive dialogue" with the company and employees at...more