DOJ Says State Cooperation Key To Fighting Financial Fraud

Law360, Washington (February 24, 2014, 6:04 PM EST) -- Associate U.S. Attorney General Tony West urged state officials on Monday to continue working with the federal government to curb financial fraud and hold companies accountable for their actions, claiming that state enforcement laws are often more "nimble" than the U.S. Department of Justice's power.

During a meeting of the National Association of Attorneys General, West said that federal and state officials have achieved “significant results” stemming from their partnership to combat fraud, noting the DOJ wouldn't be able to secure such major settlements without those...
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