WHAT HAPPENS WHEN A COMPANY FLUBS A MONITORSHIP?

What happens when a company flubs a monitorship?  It certainly can get worse for the company.  According to this order issued against ZTE Corporation by the Court:  “[T]he Court encourages the Government to pursue any reasonable charges and criminal or civil penalties in all cases known and currently unknown. This is especially true for the three other matters raised by the Monitor: failure to implement compliance programs at all its affiliates, failed to correct inappropriate exports of controlled items, and untested or flawed compliance regulating computer systems.”

The order may be found here:  https://www.linkedin.com/posts/matthew-levine-2603216_judge-kinkeades-order-encouraging-additional-activity-6912772869391273984-BWvS?utm_source=share&utm_medium=member_desktop

 

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