Following an investigation, monitoring may be needed to confirm that adequate safeguards have been put in place to prevent further misconduct or to ensure a company’s effective implementation of compliance programs as part of a settlement. 

AlixPartners has significant experience in serving as an independent monitor as well as working in tandem with monitors by providing forensic accounting and other analytical services. Following allegations of misconduct and subsequent enforcement action, we help companies comply with the terms of a settlement by assessing compliance programs and internal controls on an ongoing basis, and deploying targeted resources, such as enterprise improvement and information management, to help remediate the problem and produce efficiencies.

Our professionals have been engaged as independent monitors in a broad range of situations.  We help to foster successful outcomes by proactively working with companies and their management to establish best practices and efficiencies. In doing so, we help address critical compliance issues and reduce the risk of recurrence of any alleged misconduct and unethical behavior that could result in violations in the future.  Our professionals routinely work with management to ensure that that newly-established procedures and processes are effective and to see the benefits of this process once they are implemented.

We serve our clients by:

• Conducting comprehensive reviews of policies, procedures and practices related to court-approved settlements with the SEC and DOJ
• Monitoring and enforcement of settlement-related requirements
• Reviewing and analyzing documentation such as SEC and other filings
• Assisting with training and development testing to maintain ongoing compliance
• Developing reports addressed to the SEC, DOJ and boards of directors