Henry Van Dyck spoke to Bloomberg Law in “DOJ to Pay Whistleblowers for Corporate Crime Tips (2)” on the Justice Department’s new program that will award “non-culpable whistleblowers who deliver tips on financial misconduct, overseas bribery, and other corporate fraud.”
“One unintended consequence of a DOJ authorized whistleblower program paying witnesses is that it creates a whole new area for defendants to demand discovery of exculpatory information, and to cross-examine witnesses at trial on their financial bias,” said Van Dyck.
He also noted, “The program may well lead to an increase in corporate criminal investigations, but [he] would be surprised if line prosecutors are universally thrilled by the prospect of this new discovery headache.”
The full article is available to Bloomberg Law subscribers.