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Why the Board of Directors Need an Investigation Protocol

Legal News, Lawyers, Law Firms

Many companies have an investigation protocol in place when a potential compliance or other legal issue arises. However, many Boards of Directors do not have the same rigor when it comes to an investigation, which should be conducted or led by the Board itself. The consequences of this lack of foresight can be problematic, because if a Board does not get an investigation which it handles right, the consequences to the company, its reputation and value can all be quite severe.

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