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O’Melveny’s Bookin Quoted in Daily Journal on Increased Investigations, Actions by RegulatorsApril 16, 2014
O’Melveny & Myers partner Daniel Bookin was quoted in Daily Journal's April 16, 2014, article “Regulators More Active in 2013, Survey Says.” The piece notes the increased number of investigations and actions by regulators from federal agencies in recent years, a trend also reflected in a survey published by Norton Rose Fulbright. Taken by 400 in-house counsel, the survey revealed a 9 percent increase in the number of companies that faced regulatory investigation or action in 2013.
Although the increased regulatory activity spans several industries, the largest increases fall in health care and technology, according to the article. “There’s been a lot more focus on health care and health care fraud,” Bookin said. “These large health care companies bill the government billions of dollars, and the DOJ has taken much more aggressive stances and positions.”
Bookin is the head of O’Melveny’s White Collar Defense and Corporate Investigations Practice, and resides in the Firm’s San Francisco office.