The brokerage firm of E. F. Hutton was charged with federal criminal violations of interstate funds transfers. In reviewing the case, the lawyers for the government discovered internal memoranda from and between branch managers in several states that outline a process for check kiting (a literal stringing together of checks and deposits) that enabled E. F. Hutton to earn interest on phantom deposits.

What is the company's obligation?

Specific to above question. Do critical and collaborative analysis. Reflect case, question underlying issue. Compare different alternatives and suggest one possible action in light of organization objectives. Provide justification to your decision as an attorney.