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White Collar
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December 19, 2024
Ex-AT&T Exec Gets New Bribery Trial Date After Jury Deadlock
The former head of AT&T's Illinois division, who is accused of bribing ex-Illinois House Speaker Michael Madigan, will be tried again in June after his case resulted in a hung jury earlier this year, a federal court judge said Thursday.
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December 19, 2024
Tornado Cash Founder Says 5th Circ. Order Merits Dismissal
The founder of cryptocurrency mixing service Tornado Cash renewed his bid to dismiss his money laundering and sanctions violation charges, saying a recent Fifth Circuit decision that found the company's smart contracts were not sanctionable property is fatal to the case.
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December 19, 2024
Denmark Says $500M Recovered In Dividend Tax Fraud Suits
Denmark's tax administration has recovered a total of 3.6 billion Danish kroner ($500 million) in money lost to suspected dividend tax refund fraud after entering settlements of civil cases in several countries in 2024, Denmark's tax minister announced.
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December 19, 2024
Girardi's Allies See Fallen Champion; Victims See Deceiver
As Tom Girardi's sentencing loomed, his friends and relatives wrote letters to the judge envisioning a grim and undeserved death in prison for the 85-year-old former legal luminary. But former clients who accused him of steailng from them told the court that he deserves to spend the rest of his life behind bars.
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December 19, 2024
Ex-NFLer's Brother Admits He Threatened Judge, UConn
The older brother of one-time New England Patriots star and convicted killer Aaron Hernandez has admitted in federal court that he threatened to harm a state court judge and to carry out a shooting at the University of Connecticut.
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December 19, 2024
New Jersey Power Broker Says RICO Case Isn't Fit For Jury
Defendants dubbed the "Norcross Enterprise" are fighting back against New Jersey Attorney General Matthew Platkin's assertion that their bid to toss a criminal indictment accusing them of engaging in a sprawling racketeering scheme is out of place, claiming the state misunderstands the roles of judge and jury.
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December 19, 2024
NYC Mayor Says Indictment Lacks Detail, Hampering Defense
New York City Mayor Eric Adams told a Manhattan federal judge that the bribery and corruption charges against him are vague as to what he allegedly agreed to do and who he agreed to do it with, hindering his ability to defend himself.
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December 19, 2024
NYC Mayor's Former Top Adviser Charged With Bribery
Manhattan prosecutors on Thursday announced bribery and money laundering charges against Ingrid Lewis-Martin, the former chief adviser to New York City Mayor Eric Adams, accusing her of using her influence to help two developers secure city approvals for hotel and bar construction projects in exchange for $100,000 in bribes.
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December 19, 2024
Year In Review: A Sports Betting Enforcement Snapshot
A messy gambling and fraud scandal that victimized Major League Baseball's best player, the blackballing of an NBA journeyman and rising fears about the integrity of college sports all marked a busy year for sports attorneys tracking the patchwork of enforcement efforts to crack down on illicit betting activity.
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December 19, 2024
Fani Willis DQ'd From Trump's Georgia Prosecution
Fulton County District Attorney Fani Willis was disqualified Thursday from the prosecution of Donald Trump's Georgia election interference case, as a split state appellate court found that "no other remedy" was enough to scrub away what a trial court had previously called an "odor of mendacity" about the prosecution.
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December 18, 2024
Pharma Trial Consultant To Pay SEC $3M Over Insider Trading
An oncologist and clinical professor at the University of California, Irvine agreed to pay the U.S. Securities and Exchange Commission $3 million to resolve allegations he purchased shares in a Massachusetts biotech company based on insider information regarding a clinical trial he was overseeing, the SEC announced Wednesday.
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December 18, 2024
Ex-US Rep. Urges 2nd Circ. To Nix Insider Trading Conviction
Former Indiana Rep. Stephen Buyer on Wednesday urged the Second Circuit to reverse his insider trading conviction or grant him a new trial, saying federal prosecutors violated his Sixth Amendment rights and failed to prove Manhattan was the right place to be tried, which led a pair of circuit judges to voice doubt about the court's standard for establishing venue.
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December 18, 2024
Split 9th Circ. Backs 46-Month Prison Term For Stock Pumper
A divided Ninth Circuit on Wednesday affirmed a 46-month sentence for a Canadian man convicted of securities fraud in a pump-and-dump scheme involving a cannabis and gaming company, rejecting his argument that the lower court erred by calculating "intended loss" to enhance his sentence, since circuit precedent recognizes both actual and intended losses.
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December 18, 2024
Girardi Gets Sentencing Delayed For Dementia Probe
A Los Angeles federal judge pushed back Tom Girardi's sentencing for his embezzlement conviction on Wednesday, ordering a psychiatric evaluation and special hearing to determine whether the 85-year-old disbarred attorney should be committed to a medical facility instead of prison due to his dementia diagnosis.
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December 18, 2024
FDIC Moves Closer To Suing Ex-Brass Of Silicon Valley Bank
Federal Deposit Insurance Corp. leaders have given a green light for the agency to potentially sue former top brass of Silicon Valley Bank for alleged mismanagement of the bank that led to its collapse last year.
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December 18, 2024
Fla. Condo Sues Ex-Board Members Accused Of Fraud
A Florida condominium association has sued its former president, who was arrested earlier this year and accused of running a multifaceted fraudulent scheme with the help of another board member, allegedly resulting in the theft of more than $1 million used for personal expenses and to acquire additional units.
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December 18, 2024
EDNY US Atty Peace To Resign Before Trump Inauguration
Brooklyn U.S. Attorney Breon Peace, who has headed the federal prosecution office in the Eastern District of New York since 2021, announced his resignation Wednesday ahead of the incoming Donald Trump administration.
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December 18, 2024
DOJ Wants Misconduct Allegations Hushed In Used Car Case
The U.S. Department of Justice wants to bar defendants accused of violently controlling the cross-border transport of American used cars into Central America from raising accusations of misconduct by nonwitness law enforcement officers to the jury without prior approval from the Texas federal judge overseeing the case.
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December 18, 2024
Jay-Z, Quinn Emanuel Accused Of Paying Ex-Buzbee Clients
Texas personal injury lawyer Tony Buzbee added a new front to his feud with Shawn "Jay-Z" Carter on Wednesday, accusing the rapper's company Roc Nation and law firm Quinn Emanuel Urquhart & Sullivan LLP of recruiting and paying former clients to bring malpractice claims.
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December 18, 2024
Ex-Fla Rep. Charged Again For Foreign Agent Violations
Former Florida Rep. David Rivera, who is battling an indictment in Miami over lobbying work for Venezuela, faces additional criminal charges in D.C. federal court, after a grand jury indicted him on charges he failed to register as a foreign agent when he lobbied on a Venezuelan businessman's behalf.
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December 18, 2024
Wash. AG Says Atty Forged Order To Block Client's Arrest
Washington's attorney general has accused a defense attorney of forging a court order and a judge's electronic signature to deceive law enforcement officers and prevent her client's arrest for allegedly violating an anti-harassment order related to an assault charge.
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December 18, 2024
Insurance Co. Buyer Accuses Seller Of Fraud In Chancery Suit
Alleging a "textbook case of fraud in the inducement and breach of fiduciary duty," a holding company that acquired Georgia-based Southern Trust Insurance Co. has sued the seller's principals, associates and their company in Delaware's Court of Chancery.
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December 18, 2024
Cryptocurrency Firm Exec Gets 4 Years For $4.5M Theft
A former cryptocurrency research firm executive was sentenced to four years in prison by a Hartford, Connecticut, judge after previously pleading guilty to embezzling nearly $5 million from the firm for his personal use.
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December 18, 2024
DA Willis Tears Into Trump's Try At Ducking Election Case
The Georgia Court of Appeals should reject President-elect Donald Trump's "procedurally and legally inadequate" effort to scuttle the state election interference case against him since "president-elect immunity" does not exist, prosecutors told the court in a scathing filing.
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December 18, 2024
The Biggest 1st Circ. Rulings Of 2024
The nation's smallest federal circuit court in 2024 issued an opinion tackling the government of Mexico's efforts to hold U.S. firearms makers responsible for the flow of illegal arms across the southern border, determining the claims are not barred by a litigation shield, among other high-profile decisions.
Expert Analysis
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Planning Law Firm Content Calendars: What, When, Where
During the slower month of August, law firms should begin working on their 2025 content calendars, planning out a content creation and distribution framework that aligns with the firm’s objectives and maintains audience engagement throughout the year, says Jessica Kaplan at Legally Penned.
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3 Presidential Privilege Questions After Trump Ruling
The U.S. Supreme Court's recent decision in Trump v. U.S., carving out a new evidentiary privilege for presidents, leaves unanswered several key questions concerning whether this new privilege is waivable or subject to various exceptions, says Jeremy Bates at Frankfurt Kurnit.
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Crypto Gatekeepers May Be The Next Front Of Enforcement
Lawyers and other professionals who advise cryptocurrency companies should beware regulators' increasing focus on gatekeeper accountability, and should take several measures to fulfill their ethical and legal obligations, including implementing a robust vetting mechanism when representing crypto clients, say Temidayo Aganga-Williams and Xinchen Li at Selendy Gay.
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Implementing Proposed AML Rules May Take More Guidance
Two recent rules proposed by financial regulators would modernize requirements for programs aimed at countering money laundering and terrorist financing by centering more robust risk assessments, but financial institutions may need more specific guidance before they could confidently comply, say Meghann Donahue and Nikhil Gore at Covington.
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Series
Playing Golf Makes Me A Better Lawyer
Golf can positively affect your personal and professional life well beyond the final putt, and it’s helped enrich my legal practice by improving my ability to build lasting relationships, study and apply the rules, face adversity with grace, and maintain my mental and physical well-being, says Adam Kelly at Venable.
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Perspectives
2 High Court Rulings Boost Protections Against Gov't Reprisal
The U.S. Supreme Court’s recent decisions in Gonzalez v. Trevino and Chiaverini v. City of Napoleon significantly strengthen legal protections against retaliatory arrests and malicious prosecution, and establish clear precedents that promote accountability in law enforcement, say Corey Stoughton and Amanda Miner at Selendy Gay.
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Law Firms Should Move From Reactive To Proactive Marketing
Most law firm marketing and business development teams operate in silos, leading to an ad hoc, reactive approach, but shifting to a culture of proactive planning — beginning with comprehensive campaigns — can help firms effectively execute their broader business strategy, says Paul Manuele at PR Manuele Consulting.
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From Muppet Heads To OJ's Glove: How To Use Props At Trial
Demonstrative graphics have become so commonplace in the courtroom that jurors may start to find them boring, but attorneys can keep jurors engaged and improve their recall by effectively using physical props at trial, says Clint Townson at Townson Consulting.
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Opinion
The Big Issues A BigLaw Associates' Union Could Address
A BigLaw associates’ union could address a number of issues that have the potential to meaningfully improve working conditions, diversity and attorney well-being — from restructured billable hour requirements to origination credit allocation, return-to-office mandates and more, says Tara Rhoades at The Sanity Plea.
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Opinion
It's Time For A BigLaw Associates' Union
As BigLaw faces a steady stream of criticism about its employment policies and practices, an associates union could effect real change — and it could start with law students organizing around opposition to recent recruiting trends, says Tara Rhoades at The Sanity Plea.
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Why DOJ's Whistleblower Program May Have Limited Impact
The U.S. Department of Justice’s new whistleblower pilot program aims to incentivize individuals to report corporate misconduct, but the program's effectiveness may be undercut by its differences from other federal agencies’ whistleblower programs and its interplay with other DOJ policies, say attorneys at Milbank.
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How Justices Upended The Administrative Procedure Act
In its recent Loper Bright, Corner Post and Jarkesy decisions, the U.S. Supreme Court fundamentally changed the Administrative Procedure Act in ways that undermine Congress and the executive branch, shift power to the judiciary, curtail public and business input, and create great uncertainty, say Alene Taber and Beth Hummer at Hanson Bridgett.
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Parsing FY 2024 DOJ Criminal Healthcare Fraud Enforcement
While the U.S. Department of Justice's Criminal Division's strike force on healthcare fraud enforcement action shows an impressive doubling of criminal indictments, a closer look at the data offers important clues about underlying trends, including the comparably modest, accompanying increase in associated intended loss, say Roderick Thomas and Kathleen Cooperstein at Wiley.
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FTC Drives Crackdown On Connected Cars' Data Privacy Risk
After the Federal Trade Commission's warning to automakers about data privacy, which continues to emerge as a national concern, automakers must carefully examine their data collection, use and retention practices, say Catherine Castaldo and Michael Rubayo at Reed Smith.
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Jarkesy May Thwart Consumer Agencies' Civil Penalty Power
The U.S. Supreme Court's ruling in U.S. Securities and Exchange Commission v. Jarkesy not only implicates future SEC administrative adjudications, but those of other agencies that operate similarly — and may stymie regulators' efforts to levy civil monetary penalties in a range of consumer protection enforcement actions, say attorneys at Holland & Knight.