In today’s edition of Daily Compliance News:
Tag: Elon Musk
In today’s edition of Daily Compliance News:
- Glencore says its revamped its compliance program. (WSJ)
- Apple supplier workers revolt against Chinese lockdown. (Bloomberg)
- Twitter investors sue Musk over market manipulation. (Reuters)
- New CCO individual liability? (Law360)
In today’s edition of Daily Compliance News:
• AML sanctions enforcer to get more money. (WSJ)
• Harassment claim made against Elon Musk? (NYT)
• Pharma Bro released early from prison. (WaPo)
• Wells Fargo fined for AML lapses. (Reuters)
Categories
Elon Musk and Twitter
Welcome to The Woody Report where, Washington & Lee, School of Law Associate Professor Karen Woody and host Tom Fox discuss issues on white collar crime, compliance issues, international corruption, securities and accounting fraud, and internal corporate investigations. From current events to topical issues to academic research and thought leadership, Karen Woody helps lead the discussion of these issues on the new and exciting podcast. Today Karen talks about the continuing tale of Elon Musk and his actions to purchase Twitter stock before he declined a Board seat and he concluded an agreement to purchase the company.
Resources
Karen Woody on LinkedIn
Karen Woody at Washington & Lee, School of Law
Karen Woody breaks down some of the history between Musk and the SEC.
Welcome to the only roundtable podcast in compliance as we celebrate our 100 show. In 2021, Everything Compliance was honored by W3 as a top talk show in podcasting. In this episode, we have the quintet of Jay Rosen, Jonathan Marks, Tom Fox, Jonathan Armstrong and Matt Kelly. We focus on changes to compliance and businesses in the wake of the Russian invasion of Ukraine. We begin with a special Breaking News segment of Elon Musk putting his Twitter purchase ‘on hold’. We conclude with our fan favorite Shout Outs and Rants.
1. Jay Rosen what the Russian invasion of Ukraine means for business ventures for countries in the West. Rosen shouts out Christopher Flores and Robert Moran, the first time pilot who had to take over the landing of a plane when the pilot fell ill and Robert Morgan, the air traffic controller who talked him down to a safe landing.
2. Matt Kelly takes a deep dive into the Stericycle FCPA enforcement action. Kelly rants about Moderna and its hiring of the new CFO for one day and wonders if releasing news of the prior company’s accounting fraud investigation could have been disclosed.
3. Jonathan Marks explores the changes the conflict has wrought for ESG. Marks also rants about Moderna which fired its CFO after one day on the job, asking did Moderna perform any due diligence.
4. Tom Fox looks the changes in the National Security issues for ABC, AML and export control. Fox rants about Justice Alito who wants to take American culture, legal rights and jurisprudence back to the 18th century English law.
5. Jonathan Armstrong explores the changes the conflict has wrought for ESG. Armstrong shouts out to Ivy Williams and Helena Normanton, the first two women barristers in the United Kingdom.
The members of the Everything Compliance are:
• Jay Rosen– Jay is Vice President, Business Development Corporate Monitoring at Affiliated Monitors. Rosen can be reached at JRosen@affiliatedmonitors.com
• Karen Woody – One of the top academic experts on the SEC. Woody can be reached at kwoody@wlu.edu
• Matt Kelly – Founder and CEO of Radical Compliance. Kelly can be reached at mkelly@radicalcompliance.com
• Jonathan Armstrong –is our UK colleague, who is an experienced data privacy/data protection lawyer with Cordery in London. Armstrong can be reached at jonathan.armstrong@corderycompliance.com
• Jonathan Marks is Partner, Firm Practice Leader – Global Forensic, Compliance & Integrity Services at Baker Tilly. Marks can be reached at jonathan.marks@bakertilly.com
The host and producer, ranter (and sometime panelist) of Everything Compliance is Tom Fox the Voice of Compliance. He can be reached at tfox@tfoxlaw.com. Everything Compliance is a part of the Compliance Podcast Network.