While the work of a corporate monitor is often new to a corporation being monitored and, in many cases, to the monitor, it is not new to Artifice.
Artifice provides independent corporate monitoring services to corporate entities that have entered into settlement agreements with government or other oversight organizations, often due to allegations of fraud or corporate misconduct. The role of an independent corporate monitor is still a relatively new one. The rules governing this practice area are only now being finalized, and monitored corporations have often suffered from a lack of standardization in the field and a poor understanding of the role and responsibilities of a corporate monitor.
Entities requiring a corporate monitor are best served by a firm that understands the issues that affect the monitored entity, the monitoring agencies and the monitor. At Artifice, we are mindful of the benefits that the use of a monitor provides to the public and the entity being monitored. At the same time, we are also keenly aware of and conscientious about a monitor’s costs and impact on an entity’s operations, employees, culture and management. Our capabilities in this regard are based on academic endeavors and exhaustive research on the topic, combined with practical experience serving as a monitor, working for monitors, and advising monitors. This direct experience includes serving in various capacities on multiple federal monitorships involving agencies such as the Department of Justice, the Department of Interior, the Department of Transportation, the Department of Education, the Small Business Administration, the Federal Highways Administration, and the Massachusetts Department of Transportation.