January 10, 2017 - Growth, Red Flags & Ethics: A Discussion with John Hueston
Los Angeles, CA
As an assistant United States attorney, John Hueston led the successful prosecution of Ken Lay and Jeff Skilling in the Enron matter. As an attorney in private practice, he successfully represented Angelo Mozillo of Countrywide.
Drawing on these and numerous other cases, John will provide perspective on what directors really need to do to meet their fiduciary responsibilities; the role of principles versus rules in ethics and compliance; and best practices (and pitfalls) in leading special investigations.
Ken Merchant, Deloitte & Touche LLP Chair in Accountancy and Professor of Accounting at the USC Marshall School, will moderate the discussion. An experienced corporate director, Ken has extensive research and teaching experience on the topics of ethics and governance.
In a time of renewed regulatory focus on compliance and ethics, don’t miss this opportunity to explore an area of fundamental importance to boards with two leading experts.
Location and Time
The California Club
538 S. Flower Street
Los Angeles, CA 90071
11:00 a.m. | Check in / Networking
11:30 a.m. | Lunch / Program
01:15 p.m. | Program End
John HuestonJohn Hueston, a Fellow of the American College of Trial Lawyers, has been described by Chambers and Partners as “hard driving, insightful and aggressive.” Twice recognized as a "California Lawyer of the Year," Mr. Hueston is the former chair of Irell & Manella’s Business Trial and Crisis Management practice. He has been selected to serve as lead trial counsel by Fortune 500 companies and by governments in a variety of cases, including business torts cases, securities and shareholder class action cases, patent litigation cases, trademark infringement cases, and environmental cases. Mr. Hueston and his team recently secured a $5.15 billion settlement after trial, which represented the largest environmental recovery in U.S. history. A former lead prosecutor for the Enron trial of Kenneth Lay and Jeffrey Skilling, Mr. Hueston also devotes a substantial part of his practice to internal investigations, corporate crisis management and white collar criminal defense. The American Lawyer magazine has recognized Mr. Hueston as one of the nation's Top 50 Young Litigators and California Lawyer magazine twice has named him a "California Lawyer of the Year." Mr. Hueston is a Fellow of the American College of Trial Lawyers, an honor reserved for less than 1% of active lawyers who have "mastered the art of advocacy and whose professional careers have been marked with the highest standards of ethical conduct, professionalism, civility and collegiality." Chambers & Partners recognizes Mr. Hueston as a leading lawyer in commercial litigation and white-collar crime and government investigations. Benchmark Litigation has repeatedly recognized Mr. Hueston as a National Litigation Star. The Los Angeles/San Francisco Daily Journal has repeatedly named him as one of California’s 100 most influential lawyers. Best Lawyers in America named Mr. Hueston a “Lawyer of the Year” in 2015 and has recognized him annually since 2009. Mr. Hueston is a recipient of the Anti-Defamation League's Marcus Kaufman Jurisprudence Award. As a prosecutor, Mr. Hueston was presented with four awards by three U.S. Attorneys General for his trial work, including the highest award bestowed by the U.S. Department of Justice. As a prosecutor, Mr. Hueston was presented with four awards by three U.S. Attorneys General for his trial work, including the highest award bestowed by the U.S. Department of Justice. As Forbes magazine noted of his work in the trial of Kenneth Lay and Jeffrey Skilling, where he served as a lead prosecutor, “John Hueston was quickly able to establish a clear, uninterrupted connection between fraudulent activities at Enron and the two defendants ... a methodically researched presentation of evidence proving the defendants’ guilt.” The Los Angeles Times described Mr. Hueston’s cross-examination of Lay as “devastating” and The Associated Press called him “the perfect David to Lay’s Goliath.” To learn more about John Hueston, please click here.
Kenneth Merchant, ModeratorKenneth Merchant is the Deloitte & Touche LLP Chair of Accountancy at the University of Southern California. His research interests span the areas of management accounting, management control systems, accounting ethics, and corporate governance, and on those topics he has written 11 books and 80 articles. Professor Merchant is currently serving on the boards of directors of ACT Holdings, Inc. and two nonprofit organizations. He is a graduate of Union College (BA), Columbia University (MBA), and the University of California, Berkeley (PhD) and is a Certified Public Accountant (Texas) and a Chartered Global Management Accountant (CGMA).