Chicago partner Renato Mariotti is wrapping up a week of frenzied media coverage over the unusual raid of Caterpillar’s headquarters in Peoria, Illinois, by three federal agencies. As a former federal prosecutor with the Securities and Commodities Fraud Section of the U.S. Attorney's Office, Renato talked to regional and national media about the scope of the investigation — the nearest comparison is likely the 2002 raid on Enron’s headquarters — and the lessons all companies can learn from this turn of events.
As Renato wrote in a LinkedIn posting this week, “If your company is the subject of a criminal investigation, it is important to quickly investigate the issue yourself and cooperate fully with the government's investigation in order to minimize long-term damage to your company. The government will consider the extent and nature of your cooperation when determining what actions, if any, to take against the company.”
Although we would like to hear from you, we cannot represent you until we know that doing so will not create a conflict of interest. Also, we cannot treat unsolicited information as confidential. Accordingly, please do not send us any information about any matter that may involve you until you receive a written statement from us that we represent you (an ‘engagement letter’).
By clicking the ‘ACCEPT’ button, you agree that we may review any information you transmit to us. You recognize that our review of your information, even if you submitted it in a good faith effort to retain us, and, further, even if you consider it confidential, does not preclude us from representing another client directly adverse to you, even in a matter where that information could and will be used against you. Please click the ‘ACCEPT’ button if you understand and accept the foregoing statement and wish to proceed.