The Woody Report

Welcome to The Woody Report, where Washington and Lee, School of Law Associate Professor Karen Woody and host Tom Fox discuss issues on white collar crime, compliance issues, international corruption, securities and accounting fraud, and internal corporate investigations. From current events to topical issues to academic research and thought leadership, Karen Woody helps lead the discussion of these issues on the new and exciting podcast. In this episode, Tom, Karen and a few colleagues explore dismissal of the SEC Complaint against Solar Winds and its CISO. Karen delves into a significant SEC case involving SolarWinds, focusing on the company’s cybersecurity practices and the ensuing legal battle. The discussion covers the SEC’s allegations of securities fraud and misleading statements about cybersecurity, particularly surrounding the Orion software platform and the Sunburst cyber-attack. Woody emphasizes the internal controls provision, citing a judicial opinion that narrows its applicability to accounting controls. The conversation also highlights the lingering personal liability for SolarWinds’ CISO, Timothy Brown, and broader implications for the industry, including accountability and the need for clearer cybersecurity regulations. Key Highlights: Overview of SolarWinds and SEC Allegations: Internal Controls and Legal Implications Judge’s Ruling and Its Impact Broader Implications for enforcement for data breaches going forward Resources: Karen Woody on LinkedIn Karen Woody at Washington & Lee, School of Law Tom Fox Instagram Facebook YouTube Twitter LinkedIn For more information on the Ethico ROI Calculator and a free White Paper on the ROI of Compliance, click here.

Welcome to The Woody Report, where Washington & Lee School of Law Associate Professor Karen Woody and host Tom Fox discuss issues on white-collar crime, compliance issues, international corruption, securities and accounting fraud, and internal corporate investigations. From current events to topical issues to academic research and thought leadership, Karen Woody helps lead the discussion of these issues on the new and exciting podcast. In this episode, Tom and Karen explore Matthew Panuwat’s trial and verdict over claims of Shadow Insider Trading. The intriguing case of insider trading involving Matthew Panuwat at Medivation and Insight is a stark reminder of the intricate nature of insider trading laws, emphasizing the challenging task of distinguishing between legal and illegal trading practices and defining material non-public information. The case highlights the need for precise, stringent controls to prevent such infractions, highlighting the critical role of insider trading policies. While there may be difficulty in determining the materiality and non-public nature of information in insider trading cases, such an approach must now be utilized. Karen Woody underscores the necessity for tighter controls and clearer policies surrounding insider trading. She sheds light on the importance of considering factors such as peer companies and economic links when determining insider trading liability. Moreover, she accentuates the significance of jury instructions alongside the nuances in defining fiduciary duty and materiality in insider trading cases. She acknowledges the intricacies of insider trading and the challenges in ensuring a level playing field in the financial markets. Key Highlights: Materiality Dispute in Panuwat Insider Trading Proactive Monitoring for Insider Trading Compliance Professional Ethics in Insider Trading Scenarios Unfair Advantage Through Confidential Information Trading Resources: Karen Woody on LinkedIn Karen Woody at Washington & Lee, School of Law Tom Fox Instagram Facebook YouTube Twitter LinkedIn

Welcome to The Woody Report, where, Washington & Lee, School of Law Associate Professor Karen Woody and host Tom Fox discuss issues on white collar crime, compliance issues, international corruption, securities and accounting fraud, and internal corporate investigations. From current events to topical issues to academic research and thought leadership, Karen Woody helps lead the discussion of these issues on the new and exciting podcast. In this episode, Tom and Karen explore the upcoming trial of Matthew Panuwat over claims of Shadow Insider Trading. The shadow insider trading case involving Matthew Panuwat is a groundbreaking trial that could redefine the boundaries of insider trading. The Securities and Exchange Commission (SEC) is prosecuting Panuwat for allegedly making around $107,000 by trading in Insight, a company similar to his own, Medivation, based on non-public information about Medivation. This case emphasizes the importance of maintaining confidentiality and integrity in the workplace and could impact insider trading liability by addressing shadow trading and its implications for securities laws. Tom views this case as a significant and novel one brought by the SEC, highlighting the concept of shadow trading, where companies are economically linked in such a way that trading on one company’s information can be considered insider trading in another. On the other hand, Karen Woody aligns with the SEC’s argument that Panuwat’s actions were not right, emphasizing the importance of following insider trading laws and regulations. Check out this most fascinating case. Key Highlights: Insightful Shadow Trading in Panuwat Trial Redefining Insider Trading through Shadow Trading Practices Expanding Industry-Wide Prohibition on Insider Trading Resources: Karen Woody on LinkedIn Karen Woody at Washington & Lee, School of Law Tom Fox Instagram Facebook YouTube Twitter LinkedIn For more information on the Ethico ROI Calculator and a free White Paper on the ROI of Compliance, click here.

Co-hosts Tom Fox and Karen Woody are back as they delve deep into the final season of Succession. From the recurring theme of personal vs. business decisions to the amazing performance from Shiv, these two bring you it all! But that’s not all – learn valuable lessons about deal-making and cultural fit, and find out why the attention to detail in the clothing and accessories of the characters is so important. And if you’re looking for a great podcast recommendation, tune in to catch their thoughts on a brand-new show – who knows, you might find your next binge-worthy obsession! Don’t miss an episode of The Woody Report, where Tom and Karen bring you all the latest in pop culture, business, and more from the final season of Succession. In this episode, Tom and Karen delve into the final episode of “Succession.” They praise Kendall’s strategic thinking and analyze the complex relationships between the Roy siblings, noting their love for each other and their tendency to belittle one another. The tension builds as they discuss the pivotal board meeting and Shiv’s unexpected decision. The hosts also debate the characters’ complex motivations in the show’s finale, speculating their future paths. With witty banter and in-depth analysis, Karen and Tom take listeners on a thrilling ride through the inner workings of “Succession.” Take advantage of this engaging and insightful podcast! Highlights Include: Recap of “The Succession” Episode 10 Sibling Rivalry and Love Shiv’s deciding vote for the deal Analysis of Kendall’s Addiction and Meltdown Uncovering Flaws in Logan and the Ending Analysis of ‘Succession’ characters and finale Who won and who lost?45 Resources Karen on LinkedIn Karen at Washington & Lee, School of Law Tom Instagram Facebook YouTube Twitter LinkedIn

Co-hosts Tom Fox and Karen Woody are back as they delve deep into the final season of Succession. From the recurring theme of personal vs. business decisions to the amazing performance from Shiv, these two bring you it all! But that’s not all – learn valuable lessons about deal-making and cultural fit, and find out why the attention to detail in the clothing and accessories of the characters is so important. And if you’re looking for a great podcast recommendation, tune in to catch their thoughts on a brand-new show – who knows, you might find your next binge-worthy obsession! Don’t miss an episode of The Woody Report, where Tom and Karen bring you all the latest in pop culture, business, and more from the final season of Succession. Tom Fox and Karen Woody are back with another captivating episode of The Woody Report. In this episode, the hosts dive into scenes from Succession, discussing the exceptional acting and impressive visuals. They highlight Roman’s heartbreaking storyline and praise the character development of Sally. The hosts analyze the reactions to Shiv’s pregnancy announcement and speculate on Logan’s dark past. They also discuss the risky political plays involving Matsson and Mencken. The breakdown of a character at a protest and the possibility of something wrong with Kendall are also analyzed. Be sure to tune in to The Woody Report for all the details on the season finale and a glimpse into what’s to come. Don’t miss out on the excellent commentary and expert analysis from Tom Fox and Karen Woody! Highlights Include Kendall’s confrontation with ex-wife Complexities of Logan’s Women Relationships Logan’s Backstory and Ewen’s Eulogy Analyzing Roman’s Eulogy in Succession Mencken flops on Kendall Tom and Shiv The Implications of Roman’s Protest Outburst The WAGS Resources Karen on LinkedIn Karen at Washington & Lee, School of Law Tom Instagram Facebook YouTube Twitter LinkedIn

Co-hosts Tom Fox and Karen Woody are back as they delve deep into the final season of Succession. From the recurring theme of personal vs. business decisions to the amazing performance from Shiv, these two bring you it all! But that’s not all – learn valuable lessons about deal-making and cultural fit, and find out why the attention to detail in the clothing and accessories of the characters is so important. And if you’re looking for a great podcast recommendation, tune in to catch their thoughts on a brand-new show – who knows, you might find your next binge-worthy obsession! Take advantage of an episode of The Woody Report, where Tom and Karen bring you all the latest in pop culture, business, and more from the final season of Succession. In this episode, they dissect scenes from Episode 8, Election Night, including a hilarious moment relating to bodega sushi and another where a character fakes a medical emergency to get out of a meeting. They also delve into more serious topics like election interference and how manipulation by the press impacts the news media. With thoughtful insights on complex characters, storylines, and cultural themes like betrayal and loyalty, this podcast has it all! Tune in for the latest episode breakdown and get excited for upcoming episodes leading up to a funeral that’s sure to be a game-changer. Highlights Include: Election Night Meltdown Tom and Greg’s interaction The pregnancy reveal Connor and Shiv’s Choices Betrayal and Family Dynamics in a Show Comedic relief or off-putting scene Kendall’s Macbeth moment Resources Karen on LinkedIn Karen at Washington & Lee, School of Law Tom Instagram Facebook YouTube Twitter LinkedIn

Co-hosts Tom Fox and Karen Woody are back as they delve deep into the of the final season of Succession. From the recurring theme of personal vs business decisions to the amazing performance from Shiv, these two bring you it all! But that's not all - learn valuable lessons about deal-making and cultural fit, and find out why the attention to detail in the clothing and accessories of the characters is so important. And if you're looking for a great podcast recommendation, tune in to catch their thoughts on a brand-new show - who knows, you might just find your next binge-worthy obsession! Don't miss an episode of The Woody Report, where Tom and Karen bring you all the latest in pop culture, business, and more from the final season of Succession. Are you a fan of Succession? You have to hear the latest episode of The Woody Report! Engage with host Tom Fox and guest Karen Woody as they unpack every character's worst behavior in "Tailgate," one of the most gut-wrenching episodes of the show to date. They question the believability of scenes, speculate how Kendall and Roman will evolve, and praise Geri's performance. Don't miss out on their analysis of pivotal scenes and the surprises that come with them. They even discuss the comedic subplot involving Connor, which they find cringy but comedic. Between power struggles and shocking lines, the hosts speculate on where the show will go next. Trust us, you won't want to miss it! Highlights Include · A Scorpion for you · You are not Logan · The Challenges of Non-Roy Characters · Critical Analysis of Tom/Shiv; Mattson/Ebba; Roman/Connor scenes · Two India’s · Reverse Viking Resources Karen on LinkedIn Karen at Washington & Lee, School of Law Tom Instagram Facebook YouTube Twitter LinkedIn

Co-hosts Tom Fox and Karen Woody are back as they delve deep into the of the final season of Succession. From the recurring theme of personal vs business decisions to the amazing performance from Shiv, these two bring you it all! But that's not all - learn valuable lessons about deal-making and cultural fit, and find out why the attention to detail in the clothing and accessories of the characters is so important. And if you're looking for a great podcast recommendation, tune in to catch their thoughts on a brand-new show - who knows, you might just find your next binge-worthy obsession! Don't miss an episode of The Woody Report, where Tom and Karen bring you all the latest in pop culture, business, and more from the final season of Succession. Join hosts Tom Fox and Karen Woody on The Woody Report podcast as they discuss the latest episode of "Living+" and its foreshadowing of the characters' downfall. They analyze the behavior and motivations of the Roy family, including Roman's brokenness and hurtful actions. They explore the power dynamics and gendered undertones of the characters' relationships, along with some cutting lines and controversial tweets. With insightful analysis and witty commentary, join Tom and Karen as they break down the latest scenes and predict what's to come in this gripping TV show. Don't miss out on their interesting revelations and predictions for your next viewing of this popular drama. Tune in to The Woody Report now! Highlights Include · Analysis of "Living Plus" as the Season’s Turning Point · Roman and the firings · Kendall and the Numbers · Shiv and Tom · Favorite lines Resources Karen on LinkedIn Karen at Washington & Lee, School of Law Tom Instagram Facebook YouTube Twitter LinkedIn

Co-hosts Tom Fox and Karen Woody are back as they delve deep into the final season of Succession. From the recurring theme of personal vs. business decisions to the amazing performance from Shiv, these two bring you it all! But that's not all - learn valuable lessons about deal-making and cultural fit, and find out why the attention to detail in the clothing and accessories of the characters is so important. And if you're looking for a great podcast recommendation, tune in to catch their thoughts on a brand-new show - who knows, you might find your next binge-worthy obsession! Take advantage of the upcoming second episode of The Woody Report, where Tom and Karen bring you all the latest in pop culture, business, and more. This week, they delve into the art of negotiation and highlight the emotional factors that can play a significant role. They also break down a masterclass in handling a potential takeover and discuss the theme of the siblings' lack of trust in each other. The hosts praise the great dialogue and acting in a powerful scene and even relate it to their experience throwing tantrums in negotiation! They also discuss the dynamics of mergers and highlight the humor in subtle one-upmanship. Take advantage of their favorite quotes from the show, including a hilarious Scooby-Doo reference. With Tom and Karen's infectious excitement for future episodes, The Woody Report is a must-listen for any "Succession" fan. Highlights Include: · Negotiations and Emotions in Episode Analysis · Emotions driving actions and a planned outburst · Roman's powerful soliloquy during a negotiation · Shiv confronts Mattson's inappropriate behavior · Cultural Dynamics in a Merger and Clothing Choices · Analyzing Kendall and Roman's Deal Strategy · Favorite lines Resources Karen on LinkedIn Karen at Washington & Lee, School of Law Tom Instagram Facebook YouTube Twitter LinkedIn

Co-hosts Tom Fox and Karen Woody are back as they delve deep into the of the final season of Succession. From the recurring theme of personal vs business decisions to the amazing performance from Shiv, these two bring you it all! But that's not all - learn valuable lessons about deal-making and cultural fit, and find out why the attention to detail in the clothing and accessories of the characters is so important. And if you're looking for a great podcast recommendation, tune in to catch their thoughts on a brand-new show - who knows, you might just find your next binge-worthy obsession! Don't miss the upcoming second episode of The Woody Report, where Tom and Karen bring you all the latest in pop culture, business, and more. Join hosts Tom Fox and Karen Woody as they dive into the latest episode of "Succession," exploring the various character developments and dramatic twists in this must-see show. In this episode of The Woody Report, Tom and Karen discuss Shiv's vulnerability, Marsha's return, and Connor's questionable decision-making. They also debate the ethical implications of a certain document found in the show and the potential consequences of insider trading. With insightful analysis and witty banter, this episode of The Woody Report is sure to leave you on the edge of your seat and eager for more! If you're a fan of excellent productions and masterful acting, then you need to tune into The Woody Report as they recap episode 4. Highlights Include · Analyzing latest episode of Succession · Negotiations and Dynamics -brothers turn on Shiv · Character development and writing analysis · Validity of Mysterious Logan Roy Document · Navigating Office Politics and Pregnancy · Insider trading and blackmail Resources Karen on LinkedIn Karen at Washington & Lee, School of Law Tom Instagram Facebook YouTube Twitter LinkedIn

Co-hosts Tom Fox and Karen Woody are back as they delve deep into the of the final season of Succession. From the recurring theme of personal vs business decisions to the amazing performance from Shiv, these two bring you it all! But that's not all - learn valuable lessons about deal-making and cultural fit, and find out why the attention to detail in the clothing and accessories of the characters is so important. And if you're looking for a great podcast recommendation, tune in to catch their thoughts on a brand-new show - who knows, you might just find your next binge-worthy obsession! Don't miss the upcoming second episode of The Woody Report, where Tom and Karen bring you all the latest in pop culture, business, and more. Karen Woody and Tom Fox are back with another incredible episode of The Woody Report, and this time they are discussing the third episode of Succession. The episode is being hailed as one of the best hours of television ever seen, and for good reason. Karen and Tom agreed, "That was a master class to be sure," when discussing the exceptional acting and production of the show. The acting was spectacular, and the show really highlighted the abilities of triple-A cast members. The actors who portrayed Kendall, Roman, and Shiv brought their A-games, and it showed. The method acting techniques used by the actors really shone through, with each of them drawing from depths not seen before. If you're a fan of excellent productions and masterful acting, then you need to tune into The Woody Report as they recap this incredible episode 3. Highlights Include · Incredible acting · The telephone next to the ear · The wedding goes through · Code Aggressive Behavior · Should the Board meeting go forward? · Who is in control? · Favorite lines Resources Karen on LinkedIn Karen at Washington & Lee, School of Law Tom Instagram Facebook YouTube

Co-hosts Tom Fox and Karen Woody are back as they delve deep into the final season of Succession. From the recurring theme of personal vs. business decisions to the amazing performance from Shiv, these two bring you it all! But that's not all - learn valuable lessons about deal-making and cultural fit, and find out why the attention to detail in the clothing and accessories of the characters is so important. And if you're looking for a great podcast recommendation, tune in to catch their thoughts on a brand-new show - who knows, you might find your next binge-worthy obsession! Don't miss the upcoming second episode of The Woody Report, where Tom and Karen bring you all the latest in pop culture, business, and more. In the second episode of the final season of Succession, Karen discusses the power plays that emerged in Episode 2. The episode delves into the conflict between Logan Roy and his children as they try to gain control and influence around the sale to GoJo and the potential purchase of Pearce. The theme of power dynamics is evident in the helicopter scene when Logan cancels the helicopter ride because he is still upset about the Pierce acquisition. This push and pull between Logan and the children constitute the show's foundation. The final scene in the karaoke bar is one of the most memorable to date. Highlights Include · Family power dynamics and nepotism in media · The Rehearsal Dinner in Succession · The complex motives for negotiating a higher sale price · Code Aggressive Behavior · Kendall's motivation and Logan's emotional connection · Favorite lines Resources Karen on LinkedIn Karen at Washington & Lee, School of Law Tom Instagram Facebook YouTube Twitter LinkedIn

Co-hosts Tom Fox and Karen Woody are back as they delve deep into the first episode of the final season of Succession. From the recurring theme of personal vs business decisions to the amazing performance from Shiv, these two bring you it all! But that's not all - learn valuable lessons about deal-making and cultural fit, and find out why the attention to detail in the clothing and accessories of the characters is so important. And if you're looking for a great podcast recommendation, tune in to catch their thoughts on a brand-new show - who knows, you might just find your next binge-worthy obsession! Don't miss the upcoming second episode of The Woody Report, where Tom and Karen bring you all the latest in pop culture, business, and more. In the first episode of the final season of Succession, the theme of legacy media versus new media is explored. Karen Woody and Tom Fox discuss the tension between the two in the show, with the children of the wealthy Roy family attempting to launch their own media company "The 100". However, they end up pivoting back to old media by buying out their competitor, Pearce. Karen Woody sums up this theme well when she says, "you see a lot in the beginning of this episode... between new, fresh, young medias... and then it’s back to legacy media". Another theme that is explored in the first episode of Succession's final season is the idea that "everything personal is business, and everything business is personal". Karen and Tom discuss this ongoing theme in the show, which is evident in the complex relationships between the members of the Roy family, and the blurred lines between their personal and professional lives. One notable example of this dynamic is the relationship between Tom and Shiv. In a "spectacular scene" in the episode, their personal issues come to the surface during a business meeting, and they struggle to keep the conversation focused solely on business. This highlights the difficult balancing act that the characters must maintain between their personal lives and their business obligations. As Karen notes, this theme is present throughout the entire series, and continues to shape the dynamic between the characters in the final season. Tune in to the podcast episode to gain further insights on this complex and intriguing theme, and to stay updated on the latest developments in the world of Succession. Resources Karen on LinkedIn Karen at Washington & Lee, School of Law Tom Instagram Facebook YouTube Twitter LinkedIn

Welcome to The Woody Report where, Washington & Lee, School of Law Associate Professor Karen Woody and host Tom Fox discuss issues on white collar crime, compliance issues, international corruption, securities and accounting fraud, and internal corporate investigations. From current events to topical issues to academic research and thought leadership, Karen Woody helps lead the discussion of these issues on the new and exciting podcast. In this episode, Tom and Karen explore the recently announced decision in the Solar Winds shareholder claim based upon the Caremark Doctrine. Some of the issues we explore include: Background facts and court rational. What is ‘positive law’? Can any cyberbreach claim be the basis of a Caremark Claim? Why is victim v. perpetrator status critical in a Caremark Claim? What is the bad faith standard in Caremark Claims? What does this decision portend for Caremark Claims going forward? Resources Karen Woody on LinkedIn Karen Woody at Washington & Lee, School of Law

Welcome to The Woody Report, where Washington & Lee School of Law Associate Professor Karen Woody and host Tom Fox discuss issues on white collar crime, compliance issues, international corruption, securities and accounting fraud, and internal corporate investigations. From current events to topical issues to academic research and thought leadership, Karen Woody helps lead the discussion of these issues on the new and exciting podcast. In this episode, Tom and Karen explore the Twitter lawsuit against Elon Musk for failing to follow through on his agreement to purchase Twitter. Some of the issues we explore include: Twitter Complaint What is specific performance? What is an equitable remedy? Why is this matter in Delaware? The judge and her role. The discovery to date. Resources Karen Woody on LinkedIn Karen Woody at Washington & Lee, School of Law

Welcome to The Woody Report, where Washington & Lee School of Law Associate Professor Karen Woody and host Tom Fox discuss issues on white collar crime, compliance issues, international corruption, securities and accounting fraud, and internal corporate investigations. From current events to topical issues to academic research and thought leadership, Karen Woody helps lead the discussion of these issues on the new and exciting podcast. Today in Part 2, Tom and Karen look at cases in the wake of Marchand, including Clovis Oncology, Boeing and Cardinal Health. Resources Karen Woody on LinkedIn Karen Woody at Washington & Lee, School of Law

Welcome to The Woody Report, where Washington & Lee School of Law Associate Professor Karen Woody and host Tom Fox discuss issues on white-collar crime, compliance issues, international corruption, securities and accounting fraud, and internal corporate investigations. From current events to topical issues to academic research and thought leadership, Karen Woody helps lead the discussion of these issues on the new and exciting podcast. Today Tom and Karen are an exploration of the Board of Directors' role in a compliance program through an exploration of the Caremark decision, some of its progeny and then the modern era of Caremark litigation, which began with Marchand, the Bluebell Ice Cream case. Resources Karen Woody on LinkedIn Karen Woody at Washington & Lee, School of Law

Welcome to The Woody Report where, Washington & Lee, School of Law Associate Professor Karen Woody and host Tom Fox discuss issues on white collar crime, compliance issues, international corruption, securities and accounting fraud, and internal corporate investigations. From current events to topical issues to academic research and thought leadership, Karen Woody helps lead the discussion of these issues on the new and exciting podcast. Today Karen talks about the continuing tale of Elon Musk and his actions to purchase Twitter stock before he declined a Board seat and he concluded an agreement to purchase the company. Resources Karen Woody on LinkedIn Karen Woody at Washington & Lee, School of Law Karen Woody breaks down some of the history between Musk and the SEC.

Welcome to The Woody Report where, Washington & Lee, School of Law Associate Professor Karen Woody and host Tom Fox discuss issues on white collar crime, compliance issues, international corruption, securities and accounting fraud, and internal corporate investigations. From current events to topical issues to academic research and thought leadership, Karen Woody helps lead the discussion of these issues on the new and exciting podcast. Today Karen talks about her professional background and journey into academia. We conclude with a discussion of issues Karen is looking at for research and Season 2 of Classroom Insider. Resources Karen Woody on LinkedIn Karen Woody at Washington & Lee, School of Law