From Yahoo News: WASHINGTON (AP) — The State Department’s search for documents during Secretary of State Hillary Clinton’s tenure contributed to “inaccurate and incomplete” responses under federal open records laws, including the existence of her private email account, the agency’s watchdog will report Thursday.
Click on the following link for the full article from the AP – you should read this for the discussion that it provides and then consider your business records: news.yahoo.com
Dave Tate, Esq. comments. No, I’m not wading into politics – I’m posting this because it is a good reminder that businesses and their executive officers, board and committee (audit, etc.) members, and other employees (managerial, supervisory, important, staff, etc.) need to have and maintain email, text message, phone message and other digital and verbal document and material retention policies and procedures, and the ability to search, retrieve and produce those materials, not just for business accounts but also for outside and personal accounts. This is very, very important. Your response to a situation and your case can be prejudiced, and you can be fined or punished or sanctioned big time for this failure, monetarily and with other sanctions such as issue sanctions or preclusions or presumptions in court.
Dave Tate, Esq. (San Francisco and California), for Tate’s Excellent Audit Committee Guide (pdf), click on the following link, http://wp.me/p75iWX-q
A blog discussing the law, D&O, governance, liability and other aspects of public and private businesses, not for profit organizations, and governmental entities – see additional detail below - note: sometimes I post information just to pass it along on these topics (not an endorsement), and sometimes I provide only brief comments or no comments, not a more full discussion. 