Law360 (January 20, 2009, 12:00 AM EST) -- When a corporation suddenly discovers that its employees have engaged in improper or illegal conduct, it has a difficult choice to make: (1) turn itself in to take advantage of a government leniency program, or (2) put an end to the conduct without contacting the government and hope that the government never uncovers and acts upon the conduct.
In an effort to encourage corporations to choose the first option as well as to promote an atmosphere of corporate compliance and mitigate investigation costs, various United States government agencies have implemented leniency policies which encourage corporations to self-report their own misdeeds....
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