US progressive groups ask DOJ to reverse new M&A safe harbor policy
More than a dozen groups are pressing the U.S. Justice Department to retreat from a new policy they say gives a "free pass" to corporate wrongdoers, a sign of mounting criticism among progressives of enforcement under President Joe Biden. Demand Progress, Public Citizen and 12 other progressive non-profit organizations and lobbying groups want Attorney General Merrick Garland and Deputy Attorney General Lisa Monaco to reverse the policy designed to coax companies to disclose misconduct they uncover during mergers and acquisitions, according to a letter sent on Friday. The "new...
Source: yahoo.com