Earlier this week the Probes Reporter made the following stunning accusation about Cisco:
"Repeatedly we found Cisco made choices regarding timing, venue, and language that appear designed to mislead investors and/or keep material information from them regarding SEC exposures."
Now there's a new rumor that after an audit of its 3rd party ethics and corruption reporting company, Cisco found them so inept, ethically irresponsible and unfit for purpose, Cisco began a hunt for a new company.
And that hunt for a new company is being led by Jeremy Wilson, the Director of Cisco's Ethics, Compliance and Integrity Office.
The new rumor also states that while San Francisco based attorney Richard J. Nelson has allegedly been teed up to destroy Cisco's partner program, it appears the "white shoe" law firm of WilmerHale is about to have its pockets lined with even MORE Cisco cash.
How so?
Well according to the rumor, Wilmer Hale is Cisco's go-to legal firm for all things patent and anti-trust (it even poached Gil Ohana direct from Cisco).
And apparently the Department of Justice (DOJ) is so fed up with the exorbitant amount of FCPA claims filed against Cisco (allegedly 10 FCPA claims in the last week alone), it's alleged that WilmerHale has to front Cisco to the DOJ.
