What Were They Thinking? How honest people go bad…a little at a time

The Bruce R. Thompson Center for Business & Economics and the Allegheny Law & Policy program will welcome Allegheny alumnus Mike Young, class of ’78.  Mr. Young has spent 38 years as a Wall Street attorney investigating corporate wrongdoing.  He returns to Allegheny to share his experiences of how good, decent, honorable individuals end up breaking the law – often without even realizing it.  He will give concrete suggestions to aspiring business leaders about avoiding the pitfalls that have entrapped so many others.

The Allegheny Community is invited to Quigley auditorium on Thursday, October 17, 12:15 – 1:15 pm for this enlightening presentation; lunch will be provided.

Michael R. Young

Named by Accounting Today as one of the “top 100 most influential people in accounting,” Michael R. Young is a litigation partner at New York’s Willkie Farr & Gallagher LLP where he chairs the firm’s securities litigation practice. Mike advises and defends boards of directors, audit committees, accounting firms, public companies, and company officers on issues of corporate governance and financial reporting.

His trial victories include the landmark jury verdict for the defense in the first class action tried to a jury pursuant to the Private Securities Litigation Reform Act of 1995.  He has served as a member of FASB’s Financial Accounting Standards Advisory Council, as chair of the New York City Bar Association’s Financial Reporting Committee, and as counsel to the American Institute of Certified Public Accountants and the Center for Audit Quality.

A prolific author on the subjects of financial reporting, audit committee effectiveness and the role and responsibilities of the independent auditor, Mike’s books include The Financial Reporting Handbook (Wolters Kluwer 2003), Accounting Irregularities and Financial Fraud (Harcourt 2000) and, most recently, Financial Fraud Prevention and Detection:  Governance and Effective Practices (Wiley 2014).

Mike is a much sought after speaker and commentator on financial reporting issues, and has been regularly quoted in such publications as The Wall Street Journal, The New York Times, Fortune, Forbes, USA Today, The Washington Post, and The National Law Journal.  He has also appeared as an invited guest on Fox Business News, CNBC, MSNBC, CNN, and BNN (Canada). Mike is a graduate of Allegheny College and the Duke University School of Law, where he was Research and Managing Editor of the Duke Law Journal.