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White Collar
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February 13, 2025
Sidley Adds White & Case Litigators In Chicago
Sidley Austin LLP has grown its litigation offerings in Chicago with the addition of two former White & Case LLP partners, one of whom served as the leader of that firm's Windy City office.
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February 13, 2025
NYC Man Pleads Guilty To $62.8M Crowdfunded CRE Scheme
A New York City man who raised $62.8 million through commercial real estate platform CrowdStreet for sham developments in Atlanta, Georgia, and Miami Beach, Florida, has pled guilty to a federal wire fraud charge.
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February 13, 2025
DOJ Fraud Atty Rejoins Akin As Agency Exits Mount
Akin Gump Strauss Hauer & Feld LLP has rehired a departing member of the U.S. Department of Justice's fraud section, which has seen significant exits following the reelection of President Donald Trump.
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February 13, 2025
SDNY US Atty Resigns, Alleging Trump-Adams 'Quid Pro Quo'
Danielle R. Sassoon, the interim U.S. attorney for the Southern District of New York, resigned Thursday after she refused an order by U.S. Department of Justice officials to drop the federal corruption charges against New York City Mayor Eric Adams and expressed concern the move was part of an improper quid pro quo with President Donald Trump.
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February 13, 2025
Ex-Angels Staffer Says Attys Botched Skaggs Overdose Case
A former Los Angeles Angels press officer asked a Texas federal judge to undo the 22-year prison sentence he's currently serving after being convicted of giving pitcher Tyler Skaggs fentanyl-laced pills that caused his fatal overdose in 2019.
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February 13, 2025
Goldstein Freed As Judge Doubts Feds' Crypto Claims
A Maryland federal magistrate judge on Thursday ordered Tom Goldstein released from jail after expressing skepticism toward federal prosecutors' claims that the SCOTUSblog publisher and U.S. Supreme Court advocate secretly made millions of dollars' worth of cryptocurrency transactions in recent days.
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February 13, 2025
Kash Patel's FBI Director Nomination Goes To Full Senate
The Senate Judiciary Committee voted 12-10, along party lines, Thursday to send Kash Patel's nomination to be FBI director to the full Senate.
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February 13, 2025
Amtrak Worker Admits Role In $11M Healthcare Fraud
An Amtrak employee has pled guilty in Newark federal court in New Jersey to conspiracy to commit healthcare fraud as part of a scheme that cost Amtrak $11 million, acting U.S. Attorney Vikas Khanna announced.
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February 13, 2025
More US Attorneys Out In Three States
U.S. Attorney Dena J. King of the Western District of North Carolina announced that she is stepping down from her role as the district's top prosecutor, joining her counterparts in California's Southern District and the District of Maryland in the recent parade of U.S. attorneys to leave their posts since President Donald Trump retook the White House.
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February 12, 2025
EthereumMax Buyers Seek Cert. In Celeb Crypto Promos Suit
A group of investors in crypto product EthereumMax have asked a federal judge in California to certify a class action accusing Floyd Mayweather Jr., Kim Kardashian and other celebrities of promoting the token, which allegedly was used in a pump-and-dump scheme.
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February 12, 2025
Feds Cleared Of Intentional Intrusion Over Diddy's Jail Notes
Prosecutors did not intentionally invade Sean "Diddy" Combs' attorney-client privilege when they received photographs of his handwritten notes that were taken during a security sweep of the prison, a Manhattan federal judge ruled Wednesday, rejecting the music mogul's request for relief in his sex-trafficking case.
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February 12, 2025
Crypto CEO Made $425K Disappear, Investor Tearfully Testifies
A former business partner of a Texas man accused of running a $5 million fraud centered on a new "anti-money laundering" cryptocurrency testified tearfully before a California federal jury on Wednesday that her family invested about $425,000 in the defendant's previous cryptocurrency venture and lost every penny.
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February 12, 2025
NBC Faces $100M Suit Over 'Salacious' Diddy Documentary
NBCUniversal Media, its streaming service Peacock TV and production company Ample Entertainment put profits over journalistic standards when they raced to broadcast "the most salacious Diddy exposé" containing "fresh lies and conspiracy theories," the embattled music mogul alleges in a $100 million defamation lawsuit filed Wednesday in New York state court.
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February 12, 2025
Crypto Operator Seeks No Prison Time For $1M Fraud Plea
The founder of a cryptocurrency project who copped to wire fraud after gambling with over $1 million from investors wants to avoid a custodial sentence, though prosecutors have asked to see him serve just over two years.
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February 12, 2025
Estate Of Wife Killed By Ex-BigLaw Atty Opposes Consolidation
The administrator of the estate of the wife of former BigLaw attorney Claud "Tex" McIver has called on a state court to not consolidate an action regarding the proceeds of a wrongful death settlement and a separate probate case involving her will.
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February 12, 2025
Judge Jackson Bars White House's Special Counsel Switch
A D.C. district judge late Wednesday issued a temporary restraining order preventing the Trump Administration from replacing the head of the U.S. Office of Special Counsel until the court rules on request for a preliminary injunction blocking the move.
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February 12, 2025
2nd Circ. Upholds R. Kelly's Sex Abuse Conviction
The Second Circuit upheld R&B singer R. Kelly's convictions for racketeering and sex trafficking Wednesday, citing the strength of the evidence and rejecting his claims that four jurors were biased against him.
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February 12, 2025
PE Exec Says USC Can't Escape $75M 'Varsity Blues' Suit
A private equity executive roped into the "Varsity Blues" college admissions case for his six-figure donation to the University of Southern California is asking a Los Angeles court to green-light his $75 million lawsuit alleging the school lied when it deemed his largesse improper.
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February 12, 2025
House GOP Eyes Medicaid Cuts, Work Requirements
House Republicans set their sights on potential cuts and changes to Medicaid on Wednesday, arguing Congress and Elon Musk's Department of Government Efficiency should target improper payments, institute work requirements and repeal a Biden-era rule that made enrolling in the federal healthcare program easier.
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February 12, 2025
Gail Slater Plans Antitrust 'Scalpel' To Protect Competition
President Donald Trump's nominee to head the U.S. Department of Justice's Antitrust Division, Gail Slater, pledged on Wednesday to enforce antitrust laws "vigorously and fairly" if she is confirmed to the role.
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February 12, 2025
Fla. Pot Patients Say 8th Circ. Precedent Backs Gun Rights
A group of Florida residents challenging the federal policy disarming medical cannabis users is pointing to a recent Eighth Circuit ruling that they say supports their gun-rights position as they appeal in the Eleventh Circuit.
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February 12, 2025
Trump's Deputy AG Nominee Also Pledges No Politics
President Donald Trump's former criminal defense attorney Todd Blanche, who was nominated for deputy attorney general, testified in the Senate on Wednesday that politics shouldn't be a part of the U.S. Department of Justice.
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February 12, 2025
KPMG Taps Walmart Executive For General Counsel
A top executive for Walmart is leaving the retail giant at the end of the month to join the leadership ranks of KPMG LLP, one of the Big Four accounting firms, as general counsel.
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February 12, 2025
Ex-NYC Housing Worker Avoids Jail 1 Year After Mass Arrests
A federal judge in Manhattan on Wednesday allowed a former public housing superintendent to avoid jail time after he admitted to taking $3,500 in bribes, imposing the sentence just over a year after the mass arrest of 70 city workers — 63 of whom now stand convicted.
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February 12, 2025
DOJ Exits Continue As Fraud Atty Leaves, Rejoins DLA Piper
A U.S. Department of Justice attorney, who most recently was the principal assistant deputy chief of the Criminal Division's fraud section, is among the latest lawyers to leave the agency, rejoining DLA Piper in Washington, D.C., the firm announced Tuesday.
Expert Analysis
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Litigation Funding Disclosure Debate: Strategy Considerations
In the ongoing debate over whether courts should require disclosure of litigation funding, funders and plaintiffs tend to argue against such mandates, but voluntarily disclosing limited details about a funding arrangement can actually confer certain benefits to plaintiffs in some scenarios, say Andrew Stulce and Marc Cavan at Longford Capital.
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2025 May Be A Breakout Year For The Cannabis Industry
The cannabis industry faced a slow and frustrating 2024, but consumer trends continue to shift in favor of cannabis, and the new administration may provide the catalyst that the industry needs, says Lynn Gefen at TerrAscend.
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Understanding Risks Of Celebrities 'Hawking' Crypto Tokens
Prominent social media personality Haliey Welch was recently sued over the promotion and sale of the Hawk Tuah cryptocurrency memecoin, underscoring the importance of public figures conducting due diligence to verify they aren't endorsing a token that is in fact a security, say attorneys at Sheppard Mullin.
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Opinion
Firing Of Jack Smith's Team Is A Threat To Rule Of Law
The acting attorney general’s justifications for firing prosecutors who worked on the criminal cases against President Donald Trump rest on a mischaracterization of legal norms, and this likely illegal move augurs poorly for the rule of law, say Bruce Green at Fordham University and Rebecca Roiphe at New York Law School.
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Art Fraud Cases Highlight Importance Of Due Diligence
Recent high-profile art fraud cases provide a helpful reminder that a healthy skepticism can prevent prospective buyers from becoming victims, and that lawyers can take steps to help safeguard their clients, say attorneys at Arnold & Porter.
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Series
Adventure Photography Makes Me A Better Lawyer
Photographing nature everywhere from Siberia to Cuba and Iceland to Rwanda provides me with a constant reminder to refresh, refocus and rethink the legal issues that my clients face, says Richard Birmingham at Davis Wright.
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Politicized OIGs Could Target Federal Employees, Contractors
After President Donald Trump fired nearly 20 inspectors general last week, it’s worth exploring how the administration could use Offices of Inspectors General to target federal employees and contractors, why it would be difficult to fight this effort, and one possible bulwark against the politicization of these watchdogs, says Sara Kropf at Kropf Moseley.
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5 Ways To Create Effective Mock Assignments For Associates
In order to effectively develop associates’ critical thinking skills, firms should design mock assignments that contain a few key ingredients, from messy fact patterns to actionable feedback, says Abdi Shayesteh at AltaClaro.
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Assessing Gary Gensler's Legacy At The SEC
Gary Gensler's tenure as U.S. Securities and Exchange Commission chair is defined by a record of commonsense regulation in some areas and social activism in others, and by increasing judicial skepticism about the SEC's authority to fulfill its regulatory, enforcement, administrative law and adjudicatory functions, say attorneys at Arnold & Porter.
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What Public View Of CEO's Killing Means For Corporate Trials
Given the proliferation of anti-corporate sentiments following recent charges against Luigi Mangione in connection with the killing of UnitedHealthcare's CEO, attorneys who represent corporate clients and executives will need to adapt their trial strategy to account for juror anger, says Clint Townson at Townson Litigation Consulting.
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Takeaways From DOJ Fraud Section's 2024 Year In Review
Attorneys at Paul Weiss highlight notable developments in the U.S. Department of Justice Fraud Section’s recently released annual report, and discuss what the second Trump administration could mean for enforcement in the year to come.
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The 7th Circ.'s Top 10 Civil Opinions Of 2024
Attorneys at Jenner & Block examine the most significant decisions issued by the Seventh Circuit in 2024, and explain how they may affect issues related to mass arbitration, consumer fraud, class certification and more.
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Private-Bidding Compliance Lessons From Siemens Plea Deal
Siemens Energy’s recent wire fraud conspiracy guilty plea shows that U.S. prosecutors are willing and able to police the private, domestic bidding market to protect the integrity of the competitive marketplace, and companies will need a robust compliance program to mitigate these risks, say attorneys at Foley Hoag.
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Kansas Bank's Suit Could Upend FDIC Enforcement Authority
Should CBW Bank's federal lawsuit in Kansas challenging the Federal Deposit Insurance Corp.'s enforcement authority gain traction with a post-Chevron U.S. Supreme Court, it could have profound implications for the FDIC and the banking industry at large, says Jack Harrington at Bradley Arant.
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FCA Enforcement Would Make Trump's Tariffs More Effective
In implementing its trade policies, the Trump administration is likely to employ the False Claims Act, a powerful enforcement tool that would give tariffs and customs duties teeth, help raise promised revenue and prevent evaders from gaining a competitive advantage, says Sam Buffone at Buffone Law.