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Dealing with Employee Complaints

Harvey L. Pitt | October 21, 2003

With so much emphasis on corporate wrongdoing filling newspapers, it's no surprise that corporate employees, shareholders, customers, competitors and suppliers are more sensitive to indications of possible wrongdoing.

While these complainants may turn out to be mistaken, or perhaps even misguided, on occasion, it hasn't escaped the attention of regulators, prosecutors and the press that in instances of serious corporate defalcations, the Board or senior management often has advance warning that some sort of misconduct was afoot.

Thus, today, more than ever, public companies that are the recipients of indications of potential wrongdoing need to know how to respond. Knowing how to deal with indications of potential wrongdoing can mean the difference between...

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