On April 18, 2018, the U.S. Supreme Court heard oral argument in Lagos v. United States. Lagos presents the important issue of whether a corporate victim’s professional costs—such as investigatory and legal expenses—incurred as a result of a criminal defendant’s offense conduct must be reimbursed under the Mandatory Victims Restitution Act.
The court’s decision will impact a company’s considerations when deciding whether and how to conduct an internal investigation, particularly when the corporation is the potential victim of a crime.
This memo was republished by the New York University School of Law Compliance & Enforcement Blog on April 26, 2018.