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Mark S. Hersh Reed Smith LLP

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Don't forget about D & O insurance when that government subpoena arives *

USA - August 6 2012
When an investigation is commenced by a federal or state government entity, whether by service of a subpoena or by less formal means, a company should have two standard operating procedures: first, hire excellent and experienced counsel to respond to the investigation or subpoena; and second, determine whether insurance coverage may be available to pay for what are frequently significant defense costs that may be incurred in connection with the investigation.

Co-authors: Paul E. Breene .