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DOJ Announces Concrete Company's Deferred Prosecution Agreement: Are Effective Antitrust Compliance Programs Really Less Important Now? Unlikely. | Vinson & Elkins LLP


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In early January 2021, the U.S. Department of Justice’s (“the DOJ”) Antitrust Division (“the Division”) announced a Deferred Prosecution Agreement (“DPA”) with Argos USA LLC (“Argos” or “the Company”).
1 While DPAs have been used to resolve prosecutions in other Divisions of the DOJ, the Antitrust Division has considered DPAs only since a policy shift in 2019. Under the new policy, DPAs were to be applied in limited situations where a company committed an antitrust crime despite having an effective compliance program. Division leadership has further suggested that the compliance program in place at the time of the antitrust violation would need to be robust and thoughtful, and that DPAs would be considered only for companies that self-reported misconduct. ....

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College of the Holy Cross in Worcester receives $23.5 million from the late Agnes Neill Williams, the largest estate gift in college history


College of the Holy Cross in Worcester receives $23.5 million from the late Agnes Neill Williams, the largest estate gift in college history
Updated Jan 22, 2021;
Posted Jan 22, 2021
Rev. Michael McFarland, Rev. William Richardson, Agnes Williams, Ned Williams and Rev. John Brooks. Photo courtesy of Holy Cross.
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The College of the Holy Cross has received a $23.5 million gift from the late Agnes Neill Williams, which officials say is the largest estate gift in the Worcester college’s history.
Williams is a former member of the Holy Cross Board of Trustees. The gift kickstarts the launch of the Hope + Access Campaign for Financial Aid, which looks to raise $40 million for need-based financial aid between now and June 2022, the college said in a statement. ....

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Holy Cross receives $23.5 million gift, the largest estate donation in school history


WORCESTER The College of the Holy Cross received a $23.5 million donation from a former member of its board of trustees and longtime benefactor, the largest estate gift in the college’s history.
Agnes Neill Williams bequeathed the money to Holy Cross in her will when she died last March at 89, according to the school.
The school announced the donation Friday.
The college plans to use the donation to kickstart a new campaign, inspired by Williams s gift, aimed at raising $40 million for need-based financial aid from this month until June of next year.
According to the school, “the goal of the 18-month Hope + Access campaign is to ensure that all admitted students have the opportunity to attend Holy Cross regardless of financial need.” ....

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