Vcheck Blog: Due Diligence Insights for Private Equity
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Announcing SOC 2 Type I Compliance June 12, 2024 We’re excited to announce that Vcheck has achieved SOC 2 Type I compliance in accordance with the American Institute of Certified Public Accountants (AICPA) standards for SOC, also known as SSAE 18. This highlights Vcheck’s enduring commitment to processing client data in a secure manner. To qualify, Prescient Assurance, a third-party vendor for System […] -
The SEC’s Intensified Focus on AI Washing Practices June 10, 2024 13-minute listen Andrew Balthazor discusses the SEC’s growing focus on the problem of ‘AI washing’ and the threat it poses to investors. Andrew is an attorney in Holland & Knight’s Miami office practicing in the firm’s Litigation and Dispute Resolution Section. His practice focuses on solving problems born of digital-era innovations and other high-stakes complex […] -
The Role of Court Runners in Thorough Public Records Searches May 27, 2024 What is a Court Runner? Court runners are responsible for transporting documents to or from a court. These individuals can work for law firms or be independently contracted to deliver and pick up the documents promptly, given the time-sensitive nature of most use cases. These court runners are essential for retrieving documented information from counties […] -
The Takeover Defense and Shareholder Activism Landscape May 6, 2024 26-minute listen Tiffany Fobes Campion is a senior attorney in the Chicago office of Latham & Watkins, where she focuses on takeover defense and shareholder activism matters. She is a vital member of the firm’s Activism Practice and a central resource for clients and Latham lawyers dealing with activist investors. Tiffany came on RiskWatch to […] -
Preventing SMB Lending Fraud Through ID Verification April 30, 2024 Preventing SMB Lending Fraud Through ID Verification Small Business and Mid-size Business (SMB) lending fraud is on the rise. Respondents of a LexisNexis survey in 2023 disclosed fraud had increased an average of 14.5% year-over-year, a significant increase from the year prior (6.9%). Bogus business credentials and fake consumer/owner identities remain the most common type […] -
HUMINT: The Difference Between Discreet Interviews and Reference Checks April 15, 2024 What Are Discreet Interviews? Discreet interviews, also known as discreet source work or human intelligence (HUMINT) is information provided by human sources, not public records (courthouses, files, documents, etc.). How Are They Different from Reference Checks? Unlike reference checks that are provided to the client or background check firm by the subject being evaluated, discreet […]