Discussion of Civil Investigative Demands or CIDs
A few years ago, we wrote a piece about responding to civil investigative demands (“CID”) issued by regulators as part of their investigations into alleged violative business practices. Below, we discuss CIDs generally, steps to take if your company receives a CID, and best practices for responding to CIDs. What Are CIDs? Like subpoenas, CIDs are legally enforceable demands for information. To assist their pre-complaint investigations of companies believed to be violating the law, federal agencies, such as the Federal […]
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