Nardello & Co. Founder & CEO Daniel Nardello is quoted in this CNBC article on the increase in due diligence investigations in the wake of #MeToo.
“In the year since the Weinstein scandal, we’ve seen around a 35 percent uptick in client calls on the matter,” says Dan Nardello, a former federal prosecutor at the Manhattan U.S. Attorney’s Office, who now runs his own firm.
While some companies and boards previously viewed background investigations as a “check the box” requirement going back 10 years, many more now recognize the value of an in-depth, rigorous investigation going back decades, said Nardello.
“As we’ve seen in a number of high profile situations, 10 years is usually not long enough to fully vet someone’s background,” he said. “Our clients are increasingly requesting that searches be both as historical and as comprehensive in scope as possible.”
