Three Key Takeaways from DOJ’s New Yates Memo on Individual Accountability for Corporate Wrongdoing

protests-and-litigation-600During a September 10, 2015 conference at New York University, Deputy Attorney General (DAG) Sally Quillian Yates announced new Department of Justice (DOJ or the Department) policy that could significantly affect the way that companies cooperate with DOJ in criminal and civil investigations. Yates revealed that she had issued a new policy memo regarding “Individual Accountability for Corporate Wrongdoing” (the Yates Memo), the provisions of which will eventually be incorporated into two parts of the U.S. Attorney’s Manual (USAM) that govern criminal and civil corporate investigations—the Principles of Federal Prosecution of Business Organizations and the USAM’s civil litigation provisions.  Please see our client alert for more information, including the three key takeaways from the new Yates Memo.