Justin P. Klein

Justin P. Klein, John C. Grugan | Ballard Spahr LLP

Part I of this article, which appeared in the June issue of The Metropolitan Corporate Counsel, began with an overview of the Treadway Commission's finding that "tone at the top" can be a factor in fraudulent financial reporting. The authors cited an example of such a case less publicized than the...

Justin P. Klein, John C. Grugan | Ballard Spahr LLP

I. Overview In its October 1987 Report, the Treadway Commission noted a number of factors that cause fraudulent financial reporting to occur, and also made a number of recommendations to assist companies and their advisors to avoid fraud. The area on which the Treadway Commission focused in...

Robert McL. Boote, Justin P. Klein, John C. Grugan | Ballard Spahr LLP

Corporate counsel are often invited to serve as directors of company boards or asked to advise executives who have been invited to join a board. An informed decision requires understanding the obligations and risks of directorship and minimizing the risks to the greatest extent possible. This...