http://ow.ly/aYp06
An article by Mike Hamilton, J.D. posted on the E-Discovery Beat website of Exterro.
This article discusses the fact that the FBI will be investigating JPMorgan Chase based on possible criminal activity that has resulted in the recent loss of billions of dollars by the company.
The article states, "While the specific nature of the investigation remains unclear, the FBI and the Securities Exchange Commission (SEC) (under a prior ongoing investigation) are probing for information from JPMorgan. Along with these external pressures, JPMorgan is conducting its own internal investigation to examine their recent $2 billion dollar trading loss stemming from a string of trades on credit default swaps.
As JPMorgan treads its way through this tidal wave of regulatory pressure, its legal and compliance teams must remain acutely aware of the potential risk that is involved with properly conducting discovery in their own internal investigation as well as in the two other external investigations."
In addition, the article provides certain tips that should be used to ensure that any actions taken in order to fulfill eDiscovery obligations are legally defensible. The article also mentions an upcoming webcast scheduled for June 7th on this topic.
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