Overzealous Prosecutors And The Risk Of Voluntary Disclosure
“It also may not be healthy that certain corporations have taken to hiring former prosecutors to help them avert unfair prosecutions. These former prosecutors appear to be preaching voluntary disclosure – urging companies to be as upfront and transparent as possible. The fewer corporate activities seen as furtive, the greater the likelihood that prosecutors will look elsewhere. Transparency always carries a degree of risk; but the risk associated with opacity is, in this instance, far greater.“
Forbes
March 8, 2019