White Collar

  • March 06, 2025

    Ex-Credit Suisse Banker Avoids Prison In 'Tuna Bond' Fraud

    A Brooklyn federal judge spared a former Credit Suisse banker from prison time Thursday, after he pled guilty and became a testifying government cooperator over a plot to defraud investors in a $2 billion state-backed development initiative in Mozambique.

  • March 06, 2025

    State Attacks Atty's Self-Defense Claim In Law Firm Shooting

    A prosecutor says Connecticut law allows jurors to mull whether a Cramer & Anderson LLP partner reopened a fight with a man who allegedly followed him into his law firm's parking lot and attacked him, teeing up a Friday ruling that could threaten the lawyer's self-defense claims against a manslaughter charge.

  • March 06, 2025

    Judges Urge Attys To Help Restore Confidence In Judiciary

    Federal district judges at the American Bar Association's white collar conference Thursday decried threats and attacks on judges and urged attorneys to help them restore public confidence in the judiciary.

  • March 06, 2025

    Fake NY Lawyer Charged With Stealing $200K From Clients

    A New York man has been indicted on charges he impersonated a lawyer and stole $200,000 from clients over the course of nearly three years, the Manhattan District Attorney's Office announced Thursday.

  • March 06, 2025

    NY Court Rejects Leon Black's Malicious Prosecution Suit

    A New York appeals court on Thursday rejected a malicious prosecution suit brought by former Apollo Global Management CEO Leon Black against Wigdor LLP, which represented a woman in a failed lawsuit accusing him of sexual assault.

  • March 05, 2025

    DC Circ. Lets Trump Remove Watchdog Chief As Feds Appeal

    The D.C. Circuit on Wednesday issued a stay that allows President Donald Trump to fire the head of the Office of Special Counsel while the government appeals a district court order that permanently reinstalled the federal employment watchdog.

  • March 05, 2025

    Wyo. Firm's 'Classic' Ponzi Scheme Made $92M, Investors Say

    A group of would-be investors has filed suit against a purported investment management company and associated entities and individuals, alleging they were taken in by a "classic Ponzi scheme" that raked in at least $92 million from its victims.

  • March 05, 2025

    NJ US Atty Says FCPA Case Delay Pauses Speedy Trial Clock

    The adjournment of the government's Foreign Corrupt Practices Act case against two former Cognizant Technology Solutions Corp. executives should stop the Speedy Trial Act clock because the case needs a "fulsome review" in light of the pause in FCPA enforcement, New Jersey's freshly minted top federal prosecutor told a judge Wednesday.

  • March 05, 2025

    Accused Tax Prep Hacker Faces Refund Fraud Case In Boston

    A Nigerian national accused of conspiring to use stolen taxpayer information and reaping $1.3 million in phony returns has been extradited to the United States to face charges of breaking into Massachusetts tax preparation firms' computer networks, Boston federal prosecutors said.

  • March 05, 2025

    Amazon, Others Must Face Guo Ch. 11 Clawback Claims

    A Chapter 11 trustee can chase cash payments Chinese exile Miles Guo passed through nondebtor alter ego shell companies when buying goods and services from a long list of companies and law firms, a Connecticut bankruptcy judge has ruled.

  • March 05, 2025

    US Looks For Pause In PetroSaudi $380M Seizure Suit

    The United States has asked a California federal court to stay its suit to seize part of a $380 million arbitral award issued to a PetroSaudi unit, saying the civil case is up in the air because the oil producer's sole owner was convicted in August in Swiss criminal court.

  • March 05, 2025

    FINRA Fines NJ Firm, Suspends AML Compliance Officer

    The Financial Industry Regulatory Authority has fined Network 1 Securities and suspended its anti-money laundering compliance officer over their alleged failure to design a reasonable compliance program to prevent money laundering.

  • March 05, 2025

    Feds Allege Vast Overseas Insider Trading Scheme

    Two foreigners are facing criminal charges and civil securities fraud claims for allegedly masterminding a multinational, yearslong insider trading scheme that generated millions of dollars in illicit profits by trading on leaked information ahead of business developments. 

  • March 05, 2025

    Combs Says Assault Claims Expired More Than 10 Years Ago

    Sean "Diddy" Combs and his Bad Boy companies on Tuesday moved to dismiss a woman's lawsuit accusing the rapper and producer of raping and threatening to kill her, saying her chance to lodge her single claim under New York City's gender-motivated violence protection law expired more than a decade ago.

  • March 05, 2025

    Ga. Clinic Bilked Federal Healthcare Programs, FCA Suit Says

    A Georgia federal judge has unsealed a whistleblower lawsuit against a respiratory clinic accusing it of using unlicensed medical personnel, bilking Medicare and Medicaid by submitting thousands of fraudulent claims, and pushing its patients into unnecessary treatment to milk them for cash.

  • March 05, 2025

    SEC Defends 'Follow-On' Action From Post-Jarkesy Challenge

    The U.S. Securities and Exchange Commission is defending its ability to pursue industry bars in its administrative court, telling a Washington, D.C., federal judge that a recent U.S. Supreme Court decision limiting the use of in-house courts does not prevent the agency from booting a father and son duo from the investment advisory industry.

  • March 05, 2025

    Jay-Z, Buzbee Dispute Threats, Confession In Rape Case

    The monthslong legal feud between Shawn "Jay-Z" Carter and prominent plaintiffs attorney Tony Buzbee has reached a new pitch, as Carter claims to have evidence proving he did not rape a 13-year-old alongside disgraced rapper Sean "Diddy" Combs, while Buzbee claims Carter is trying to menace the victim into silence.

  • March 05, 2025

    Ex-Auto Lender CEO Gets 4 Years For $67M Fraud Schemes

    The former chief executive of an Illinois subprime auto lending company was sentenced to four years in prison Wednesday for two fraud schemes, one involving the misappropriation of $5.3 million from his own company and the other entailing submitting false information to Wells Fargo that ultimately caused more than $60 million in losses.

  • March 05, 2025

    DOJ's Absence Felt At ABA Conference On White Collar Crime

    Officials from the U.S. Department of Justice were conspicuously absent Wednesday from the American Bar Association's annual white collar crime conference, leaving organizers scrambling to fill empty panel seats and practitioners guessing as to what the Trump administration's enforcement priorities will be.

  • March 05, 2025

    University Of California Facing Fed Probe Into Antisemitism

    The U.S. Department of Justice announced Wednesday the government has opened a civil investigation into whether the University of California has fostered antisemitism on its campuses following President Donald Trump's January executive order prioritizing federal probes into alleged antisemitic harassment on school grounds.

  • March 05, 2025

    Pfizer Beats Claims Of Copay Aid Scheme For Good

    Litigation firms accusing Pfizer of a scheme to inflate drug prices for Medicare and Medicaid plans saw their suit dismissed permanently, with a Washington, D.C., federal judge ruling they had been given "enough chances" to remedy pleading deficiencies in their claims.

  • March 05, 2025

    12 Chinese Nationals Charged With Hacking Scheme

    The U.S. Department of Justice announced it has charged 12 Chinese nationals who it alleges were employed as contractors by a shell company that ran hacking operations against dissidents of the Chinese government and against multiple foreign ministries of other governments in Asia.

  • March 05, 2025

    Atty Can Be Retried For 'Disrespecting' Judge, Court Told

    Double jeopardy does not apply to summary contempt convictions, the Michigan Supreme Court heard Tuesday, as a Detroit court argued that a criminal defense attorney can be retried on a contempt charge for what a judge described as disrespectful behavior.

  • March 05, 2025

    Revived Bill To Add Judges Teed Up For Another House Vote

    The House Judiciary Committee voted out of committee three bills on Wednesday along party lines, including legislation to add more federal judgeships that the federal judiciary says are needed desperately but has become subject to partisan fighting.

  • March 05, 2025

    Ex-DOJ Official Jeffrey Clark Returns To Trump Administration

    Jeffrey Clark, a former U.S. Department of Justice official who is facing criminal charges in Georgia and fighting to save his law license over claims that he helped President Donald Trump try to overturn the results of the 2020 election, has returned to the federal government.

Expert Analysis

  • What 2024 Trends In Marketing, Comms Hiring Mean For 2025

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    The state of hiring in legal industry marketing, business development and communications over the past 12 months was marked by a number of trends — from changes in the C-suite to lateral move challenges — providing clues for what’s to come in the year ahead, says Ben Curle at Ambition.

  • Expect Continuity In 2025 Anti-Money Laundering Policy

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    The past year has seen a range of anti-money laundering actions from federal financial regulators, and notwithstanding the imminent change from the Biden administration to the Trump administration, continuity may be more prevalent than change in the AML compliance space in 2025, say attorneys at White & Case.

  • 5 Notable Anti-Money Laundering Actions From 2024

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    Regulators' renewed interest in anti-money laundering programs in 2024 led to numerous enforcement actions and individual prosecutions in industries like banking, cryptocurrency and gaming, including the blockbuster TD Bank settlement and investigations of casinos in Nevada, says Michael Beckwith at Dickinson Wright.

  • How Attorneys Can Master The Art Of Eye Contact At Trial

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    As a growing body of research confirms that eye contact facilitates communication and influences others, attorneys should follow a few pointers to maximize the power of eye contact during voir dire, witness preparation, direct examination and cross-examination, says trial consultant Noelle Nelson.

  • Series

    Group Running Makes Me A Better Lawyer

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    The combination of physical fitness and community connection derived from running with a group of business leaders has, among other things, helped me to stay grounded, improve my communication skills, and develop a deeper empathy for clients and colleagues, says Jessica Shpall Rosen at Greenwald Doherty.

  • How White Collar Defense Attys Can Use Summary Witnesses

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    Few criminal defense attorneys have successfully utilized summary witnesses in the past, but several recent success stories show that it can be a worthwhile trial tactic to help juries understand the complex decision-making at issue, says Jonathan Porter at Husch Blackwell.

  • Opinion

    6 Changes I Would Make If I Ran A Law School

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    Reuben Guttman at Guttman Buschner identifies several key issues plaguing law schools and discusses potential solutions, such as opting out of the rankings game and mandating courses in basic writing skills.

  • The Current State Of Play Around Corporate Transparency Act

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    Although a Texas court preliminarily enjoined enforcement of the Corporate Transparency Act and paused an impending Dec. 31 reporting deadline, multiple states have similar requirements, so companies should continue to monitor compliance obligations regardless of the CTA's constitutionality, say attorneys at Simpson Thacher.

  • How White Collar Attys Can Use Mythic Archetypes At Trial

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    A careful reading of a classic screenwriting guide shows that fairy tales and white collar trials actually have a lot in common, and defense attorneys would do well to tell a hero’s journey at trial, relying on universal character archetypes to connect with the jury, says Jack Sharman at Lightfoot Franklin.

  • Firms Still Have The Edge In Lateral Hiring, But Buyer Beware

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    Partner mobility data suggests that the third quarter of this year continued to be a buyer’s market, with the average candidate demanding less compensation for a larger book of business — but moving into the fourth quarter, firms should slow down their hiring process to minimize risks, say officers at Decipher Investigative Intelligence.

  • Teaching Your Witness To Beat The Freeze/Appease Response

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    In addition to fight-or-flight, witnesses may experience the freeze/appease response at trial or deposition — where they become a deer in headlights, agreeing with opposing counsel’s questions and damaging their credibility in the process — but certain strategies can help, says Bill Kanasky at Courtroom Sciences.

  • Think Like A Lawyer: 1 Type Of Case Complexity Stands Out

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    In contrast to some cases that appear complex due to voluminous evidence or esoteric subject matter, a different kind of complexity involves tangled legal and factual questions, each with a range of possible outcomes, which require a “sliding scale” approach instead of syllogistic reasoning, says Luke Andrews at Poole Huffman.

  • Immigration Atty Tips For Avoiding Prosecution Under Trump

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    Under the incoming Trump administration, immigration attorneys may need to protect themselves from prosecution when advising clients who may not qualify for relief sought by choosing their words carefully and keeping other key factors in mind, says Michele Carney at Carney & Marchi.

  • FTX Exec's Sentencing Shows Pros And Cons Of Cooperation

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    The sentencing of former FTX tech deputy Gary Wang, whose cooperation netted him a rare outcome of no prison time, offers critical takeaways for attorneys and clients navigating the burgeoning world of crypto-related prosecutions, says Andrew Meck at Whiteford.

  • SEC Custody Rule Creates Crypto Compliance Conundrum

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    While the U.S. Securities and Exchange Commission's application of the custody rule may be a good faith attempt to enhance consumer protections for client assets, it doesn't appreciate the unique characteristics of crypto-assets, forcing advisers to choose between pursuing their clients' objectives and complying with the rule, say attorneys at Willkie.

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