Internal investigations are an essential process in the effective management of any business. By the time suspected oversights or wrongdoing come to the attention of regulators, legislators, or law enforcement officials, companies may already have lost the opportunity to demonstrate good-faith efforts to correct potential errors. Government and congressional inquiries may also affect the public image of a corporation, create risk of criminal and civil prosecution, and set the stage for further legislative and regulatory activity.
Crowell & Moring's government and internal investigations team has extensive experience counseling a wide variety of clients in the full range of internal audits, including compliance issues involving accounting and financial reporting, antitrust, consumer financial services, environmental law, and securities. More than 25 years ago, members of our government contracts practice literally wrote the book on investigations of government contractors: Elmer, Swennen, and Beizer, Government Contract Fraud (Federal Publications 1985), a publication that remains a go-to manual on how to manage internal and government investigations on every conceivable issue.
We conduct internal audits to help clients identify potential errors or misbehavior, and recommend targeted, effective risk-reduction measures. When we uncover criminal activity or other wrongdoing, we counsel clients on appropriate responses, including internal action as well as reporting to the appropriate law enforcement and regulatory agencies such as the Federal Trade Commission (FTC), the Securities and Exchange Commission (SEC), offices of the U.S. Attorney General, and other relevant authorities. Where appropriate, we work closely with members of our white-collar criminal defense team to defend corporate and individual clients against a broad range of charges.
Our clients come from a number of industries, including air travel, chemicals, manufacturing, technology, and telecommunications. Cases that demonstrate our track record include advising the in-house counsel of a U.S. satellite manufacturer in a congressional investigation and hearings before the Cox Committee concerning the alleged improper disclosure of technology to the People's Republic of China. Likewise, we handled the case for a U.S. aerospace company called to testify at a public hearing of the Dingell Committee in connection with an Israeli Air Force General's defalcation of millions of dollars in U.S. military aid.