- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By 
Aaron Nicodemus2020-12-23T19:23:00
Brian Rabbitt will depart the Justice Department on Friday after a short time serving as acting head of the Criminal Division. David Burns, a senior official in the National Security Division, will succeed him.
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President Joe Biden will nominate Kenneth Polite as assistant attorney general to lead the Department of Justice’s Criminal Division. Polite previously worked as chief compliance officer at Fortune 500 electric power company Entergy.
Brian Rabbitt, who most recently served as acting assistant attorney general and principal deputy assistant attorney general for the Department of Justice’s Criminal Division, has joined Jones Day, the law firm announced.
Merrick Garland, a federal appeals court judge whose 2016 Supreme Court nomination was thwarted by Senate Republicans, has been tapped to become U.S. attorney general by President-elect Joe Biden.
USAA Federal Savings Bank has been hit with its third cease and desist order from the Treasury Department’s Office of the Comptroller of the Currency in the past five years for failing to correct unsafe and unsound banking practices.
Becton Dickinson medical device company will pay $175 million for “repeatedly” misleading investors about its Alaris infusion pump, a product the company knew was flawed and was sold without the required patient-safety approvals, the Securities and Exchange Commission said.
The Securities and Exchange Commission charged bankrupt fashion retailer Express with failing to disclose nearly $1 million in perks to a former chief executive, but did not levy a financial penalty thanks to its cooperation, the SEC said.
