Media Coverage
Source: Law.com
Media Coverage
Press Contacts: Erik Cummins, Matt Hyams, Olivia Thomas
03.24.22
According to a report by Law.com, all signs point to increased enforcement activity in 2022, prompting law firms to bolster their ranks on the West Coast with veterans of the U.S. Securities and Exchange Commission and the U.S. Department of Justice.
Former Assistant U.S. Attorney and now Pillsbury Corporate Investigations & White Collar Defense partner Kimberly Jaimez, who joined the firm in September 2021, agreed the SEC and DOJ are zeroing in on the tech sector, among other industries. Jaimez noted that while parallel investigations are not uncommon, and the SEC and DOJ share enforcement authority for anti-bribery and anti-corruption matters, another area of increasing interest and overlap lies within the realm of environmental, social and corporate governance or ESG.
“In the newer area of ESG, we just saw new rules proposed with regard to climate-related disclosures, and before that, we saw new rules related to cyber, prompting companies to take another look at how to manage risk and reduce incidents,” Jaimez said. “Ultimately, the Biden administration wants to hold culprit actors accountable in a way that I didn’t see while I was at the DOJ under the Trump administration.”
Jaimez said she has seen more of her former federal government colleagues return to private practice in recent months, amid “a premium being placed on public agency experience.”
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