(November 2, 2023) - Will Aaronson, Greg Andres, Neil Barr and Dan Kahn of Davis Polk & Wardwell LLP discuss the Justice Department's recent announcement giving acquiring companies a six-month safe harbor to disclose previously unknown misconduct of the target company. On Oct. 4, Deputy Attorney General Monaco announced new DOJ guidance providing a safe harbor to avoid criminal prosecution for companies that identify and disclose misconduct that occurred at an acquired entity.