NEW YORK, NY, May 2 – A StoneTurn team will assist Larry D. Thompson, Counsel to Finch McCranie, LLP and former Deputy U.S. Attorney General, whom the U.S. government has appointed as the Independent Corporate Compliance Monitor and Auditor for Volkswagen AG (VW). Mr. Thompson’s appointment is part of VW’s criminal plea agreement stemming from the company’s scheme to sell diesel vehicles containing software designed to cheat on U.S. emissions tests.
To assist him in monitoring VW’s corporate compliance, Mr. Thompson has assembled a team of leading corporate fraud investigators, compliance counselors, and environmental law experts. Mr. Thompson has asked StoneTurn to serve as Forensic Adviser. In this role, the StoneTurn team assesses the company’s compliance with the terms of a criminal plea agreement and civil consent decree related to the company’s scheme to sell diesel vehicles containing software designed to cheat on U.S. emissions tests and assesses and audits the Company’s antifraud, ethics and compliance programs across the company, including policies and procedures designed to prevent and detect violations of fraud and environmental laws.
Additional members of the monitor support team include: Deputy Monitor for Anti-Fraud, Ethics and Compliance, Scott Marrah, former Assistant U.S. Attorney, currently Partner at Kilpatrick Townsend & Stockton, Co-Leader of the firm’s Government Enforcement & Investigations team, and a member of the firm’s Executive Committee; Deputy Monitor for Emissions and Environmental, Benjamin Wilson, Chairman of environmental law firm Beveridge & Diamond, P.C. and court-appointed monitor in the Duke Energy coal ash cleanup; and Counsel to the Monitor Michael A. Sullivan, former federal prosecutor and currently Partner at Finch McCranie.
In a press release issued on Friday, April 21, the day VW was sentenced in U.S. District Court in Detroit, MI, the DOJ stated that Mr. Thompson will oversee VW’s compliance reforms and implementation of the terms of the plea agreement over the next three years.
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StoneTurn provides forensic accounting, corporate compliance and expert services to attorneys, corporations and government agencies on a range of high-stakes legal matters and risk-related issues.
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Jonny Frank, a Partner with StoneTurn, brings more than 40 years of public, private and education sector experience in forensic investigations, compliance and risk management. He joined StoneTurn in 2011 […]