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Email On March 3, 2023 the Department of Justice (“DOJ”) announced its Compensation Incentives and Clawbacks pilot program (the “Program”), which will become effective March 15, 2023. Consistent with Deputy Attorney General Lisa Monaco’s September 15, 2022 memorandum, the Program aims to shift the burden of corporate malfeasance from shareholders to individual employees and corporate leaders who are directly responsible for wrongdoing through compensation incentives to cultivate responsible corporate behavior. https://www.cadwalader.com/resources/clients-friends-memos/doj-pilot-program-incentivizes-clawbacks-and-instructs-corporations-to-preserve-business-communications-on-employees-personal-devices