Services
When an allegation or evidence of misconduct comes to light, a transparent, detailed investigation is critical to maintaining public trust. But corporate investigations can be a complex and exacting process. Our regulatory and legal support services are designed to support your legal and compliance teams in their investigation from before the beginning to after the end.
A typical investigation has several phases and can spark some, if not all, the following actions:
Initiate investigation
The start of any investigation centers around collection of information. Sometimes there is data profiling, a request for documents, search warrant, or grand jury subpoena. Sometimes there is an element of surprise with an unannounced on-site visit, undercover operations, or raid.
Conduct investigation
From there, an in-depth review of documents, records, and business practices along with stakeholder interviews is completed. Questions are answered.
Quantify potential damages
Next, organizations need to develop a theory of the damages to determine if it makes sense to litigate or negotiate settlements.
Litigate
If litigation is necessary, organizations often conduct additional discovery, engage with specialists as necessary, and finalize their theory of the damages.
Negotiate settlement
Typically, there is a delivery of findings and demand for damages. Preparation of the settlement requirements and a review of existing compliance programs is conducted.
Settle and remediate
A financial settlement agreement is written and the impact on company’s beneficiaries, executives, and board of directors is assessed. Organizations may also seek out development of a Corporate Integrity Agreement (CIA) as well as address other compliance requirements and potential program exclusions.
Post settlement/monitoring
Additional recommendations may include establishing an Independent Review Organization (IRO) and potential renegotiation of CIA terms is needed.
What if you could harness the power of your investigations to proactively identify fraud risk gaps and vulnerabilities within your organization, identify ways to reduce risk, and provide operational insights to the business? We invite you to join us for an immersive, hands-on experience with innovative technologies and forensic techniques.
Deloitte provides a range of services to assist clients in their investigations at any step in the process. For example, we can assist your efforts to:
Insights for legal professionals
Harnessing investigation capabilities for accelerated performance
