Sunday, November 23, 2014

Stipulation and Order Regarding Appointment of an Independent Monitor

Glen G McCorty
The Court signed an Order appointing a new Independent Monitor, Glen G McCorty of the firm Crowell & Moring on November 18, 2014. Mr. McCorty term is for fifteen months and will begin on January 1, 2015, his compensation and expenses are presume to be $75,000 per month.

Glen G. McGorty is a partner in Crowell & Moring's New York Office and a member of the White Collar & Regulatory Enforcement practice group and the firm's Litigation and Trial Department.

Glen is an experienced trial lawyer and served almost fifteen years as a federal prosecutor in the U.S. Attorney's Office for the Southern District of New York (SDNY) and the U.S. Department of Justice (DOJ) in Washington, D.C. During his career with the government, Glen prosecuted and supervised a wide range of significant high-profile cases, handling white collar matters such as securities fraud, public corruption, wire and mail fraud, money laundering, tax violations, insider trading, accounting fraud and options backdating cases, and other serious criminal cases, such as RICO enterprises, international narcotics trafficking, and violent crimes including kidnapping and murder.


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