Financial Interest in Litigation
(a) All corporate defendants in a criminal case, whether or not they are
covered by the terms of Fed. R. Crim. P. 12.4, shall file a corporate
affiliate/financial interest disclosure statement.
(b) The statement shall set forth the information required by Fed. R. Crim. P.
12.4 and the following:
(1) A trade association shall identify in the disclosure statement all
members of the association, their parent corporations, and any
publicly held companies that own ten percent or more of a member’s
stock.
(2) All parties shall identify any publicly held corporation, whether or
not a party to the present litigation, that has a direct financial interest
in the outcome of the litigation by reason of a franchise, lease, other
profit sharing agreement, insurance, or indemnity agreement.
May 2023 Return to Table of Contents
Local Criminal Rules – U.S. District Court for the Eastern District of North Carolina Page 14
(3) Whenever required by Fed. R. Crim. P. 12.4 or this rule to disclose
information about a corporation that has issued shares to the public,
a party shall also disclose information about similarly situated
master limited partnerships, real estate investment trusts, or other
legal entities whose shares are publicly held or traded.
(c) The disclosure statement shall be on a form provided by the clerk. A
negative statement is required if a party has no disclosures to make.
(d) The disclosure statement shall be filed within 28 days after the defendant
makes an initial appearance. The parties are required to amend their
disclosure statements when necessary to maintain their current accuracy.
