Government,
Corporate
Jun. 15, 2017
Internal controls at private corporations
Increasingly, private corporations are facing levels of governmental scrutiny that historically only have been seen by public corporations. Don't wait until preparing for an IPO to have the proper internal controls in place.
Richard S. Horvath Jr.
Partner
& Natsis LLP
litigation, business law
U Pennsylvania Law School
Richard has represented Fortune 200 companies and their directors or officers in scores of stockholder actions brought under federal securities law and state corporate laws.
Increasingly, private corporations are facing levels of governmental scrutiny that historically only have been seen by public corporations. Coinciding with the rise of the "unicorns" - private corporations with valuations of $1 billion or greater - directors and officers of private corporations are recognizing the legal and practical reasons to be more attentive to their organization's compliance needs. Indeed, a lack of adequate internal controls could enable conduct that might appear que...
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