NACD Board Leadership Conference NACD Chapter System

Allegations of Fraud and Other Nightmares That Keep Director

December 11, 2013
Stamford, CT



Restless nights become problematic for directors when the “F” word is bandied about in the same sentence that also mentions their companies by name.  Full blown insomnia sets in when allegations grow to suggest that less than acceptable board oversight was the root cause of the corporate misgivings in question.

Please join NACD-CT for a breakfast event on December 12th that will examine the many questions directors need to ask their boards as they strive to stay ahead of the regulatory curve that is increasingly a part of the corporate governance environment.  Some of the questions our expert will discuss include:

▪ What does a Director do when allegations of an internal fraud have been received?    
▪ When does the responsibility for investigating fraud cross the line from Management to the
   Audit Committee and from the Audit Committee to the whole Board?
▪ When the Board or Audit Committee runs the process, what’s the role of management?
▪ When do you hire outside accountants to investigate the allegations?
▪ When do you hire outside counsel to represent the Board?
▪ How and when do you notify the SEC if you’re public?
▪ How and when do you notify shareholders if you’re private?
▪ What are the fiduciary responsibilities of the Director?
▪ How do you prepare for the inevitable litigation that follows?
Join us, and be sure to bring your questions, or simply share the fears that keep you awake at night.

Kenneth J. Hall, Former CEO, Nex Cen Brands, Inc. 

Mark Patten, Managing Director, Stout Risius Ross
Stan Twardy, Partner, Day Pitney
David Yawman, Chief Compliance Officer, Pepsico, Inc.



Location and Time


Stamford Yacht Club
97 Ocean Drive West
Stamford, CT 6902

7:30am to 9:30am



2 NACD collaborative credits

Question about this Event?

Contact Connecticut Chapter Hathaway Drive, Stratford, CT, 06615 phone: 203-377-5457 fax: 203-377-5408 email: