Allow Corporate Counsel To Tattle, Group Says

Law360 (December 6, 2006, 12:00 AM EST) -- In-house counsel should be allowed to report fraud at their companies to regulators, according to a group of New York City Bar Association lawyers.

The Task Force on the Lawyer’s Role in Corporate Governance has recommended that New York State amend its rules of professional conduct to exclude the reporting of corporate fraud from the regulations governing attorney-client privilege.

The task force has advocated for a “new determination by the corporate bar to play its proper role as confidential advisor counseling compliance with the law—and conduct...
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