White Collar

  • June 08, 2026

    Baker Donelson Owes $2.8M After Ponzi Trial, Court Told

    A court-appointed receiver argued Friday that Baker Donelson Bearman Caldwell & Berkowitz PC is on the hook for at least $2.8 million following a jury's verdict finding the firm committed negligent supervision amid a Mississippi timber company's $164.5 million Ponzi scheme.

  • June 08, 2026

    'Hard-Money' Lenders Stole Millions In Fees, Feds Tell Jury

    Two Florida men used their "hard-money" commercial real estate finance company to steal millions, prosecutors told a Manhattan federal jury Monday, calling their operation a scam designed to reap upfront fees before the defendants put up "roadblocks" to kill transactions.

  • June 08, 2026

    DOJ Says Maurene Comey's Firing Was Constitutional

    Following an April ruling that cleared former New York federal prosecutor Maurene Comey's suit challenging the legality of her firing, the U.S. Department of Justice reiterated its position Friday that her firing was constitutional based on the executive powers of the president.

  • June 08, 2026

    CEO Was 'Central' To Sham Revenue Scheme, SEC Says

    The former CEO of Lottery.com should not escape U.S. Securities and Exchange Commission claims he was a "central actor" in a scheme to cook the company's books, the regulator argued, telling a Manhattan federal judge that its enforcement action "extensively" details its fraud allegations against the executive.

  • June 08, 2026

    Reality TV Stars Say Balch & Bingham Botched Their Defense

    Reality television stars Todd and Julie Chrisley, who were pardoned by President Donald Trump in May 2025 after serving over two years in prison for financial crimes, filed suit against Balch & Bingham LLP and their former defense attorney, alleging they wouldn't have been convicted "had their lawyers done their jobs."

  • June 08, 2026

    Suspended Ex-PD Expected To Return To Court With DA Office

    A former public defender whose license to practice in Pennsylvania was suspended after he pled guilty to using his office to help elect a judge is poised to return to the courtroom as a prosecutor in Dauphin County.

  • June 08, 2026

    Bankman-Fried Seeks Trump Pardon On FTX Fraud Conviction

    FTX founder Sam Bankman-Fried, who is currently serving a 25-year prison sentence, has asked President Donald Trump to pardon him for defrauding customers who placed billions of dollars with the fallen cryptocurrency exchange, according to the U.S. Department of Justice's Office of the Pardon Attorney.

  • June 08, 2026

    Divided Supreme Court Nixes First Step Act Ruling

    A split U.S. Supreme Court on Monday threw out an appellate decision upholding a reduced sentence for a defendant in a drug trafficking and manslaughter case, adding to a string of recent decisions defining the scope of the First Step Act.

  • June 08, 2026

    Top Court Turns Away Sentencing Disparity Appeal

    The U.S. Supreme Court declined Monday to hear the appeal of a man seeking early release from a life sentence for a drug offense, after ruling last month that reductions to mandatory minimum sentences cannot be cited as a reason for compassionate release.

  • June 08, 2026

    Justices Uphold 10th Circ. Native American Assault Rulings

    The U.S. Supreme Court won't overturn a pair of Tenth Circuit decisions that found that two Native American men cannot be convicted of simple assault under the Major Crimes Act after the federal government argued that the "senseless result" can't be reconciled with the law's plain text.

  • June 05, 2026

    Ex-Trader Accused Of Profiting From Cousin's Insider Info

    A retired New York Mercantile Exchange trader is charged with insider trading by securities regulators who allege he bought shares of Sanofi's biopharmaceutical unit Kadmon Holdings Inc. based on confidential information the trader received about Kadmon's flagship chronic graft-versus-host disease treatment drug in July 2021, and that the trader tipped off a friend about the information.

  • June 05, 2026

    Investment Adviser Took Millions From Clients, SEC Says

    The U.S. Securities and Exchange Commission on Friday accused a purported Chicago investment adviser in federal court of stealing millions from family, friends and others by convincing them to put their money toward an investment pool he then "perpetually drained" through unsuccessful trading and personal spending.

  • June 05, 2026

    Fla. Judge Tosses Nearly All Counts In PE Fund Dispute

    A Florida federal judge tossed most of the counts in a lawsuit brought by two men who alleged their former partner defrauded them in a private equity fund operation, saying the complaint contains repetitive claims and provides little information of wrongdoing. 

  • June 05, 2026

    Epic Fights Apple's Bid For High Court Sanctions Review

    Epic Games told the U.S. Supreme Court there's no need for high court review of a California federal court's contempt order against Apple for violating a ban on company policies that barred app developers from steering users to outside payment options.

  • June 05, 2026

    Wamco Inks $100M SEC Deal Over 'Cherry-Picking' Scheme

    Western Asset Management Co. LLC on Friday agreed to pay $100 million to settle allegations from the U.S. Securities and Exchange Commission that the investment management firm "failed to take reasonable steps to detect and prevent" its former executive's purported cherry-picking practices.

  • June 05, 2026

    Healthcare Analyst Charged In 'Wall-Crossing' Insider Case

    A healthcare-sector securities analyst took in $350,000 by trading on insider information he received after being cleared to access company secrets in a process called "wall-crossing," federal prosecutors in Manhattan charged Friday.

  • June 05, 2026

    Ex-City Council Member's 2nd Daughter Cops To COVID Fraud

    The second daughter of a former city council member in Charlotte, North Carolina, has pled guilty to her role in the family's alleged scheme to submit fake applications for federal loan assistance during the coronavirus pandemic, court records show.

  • June 05, 2026

    Ex-CFO Faces $35M Restitution With No Crypto Offset

    A Washington federal judge has ordered Fabric Inc.'s former chief financial officer to pay $35 million in restitution after he embezzled the sum from the software firm to invest in crypto tokens that later collapsed, rejecting his arguments that he shouldn't be on the hook for losses that occurred after he gave the tokens to the firm.

  • June 05, 2026

    FINRA's 'Absolute Immunity' Claim Fails, Broker-Dealers Say

    The Financial Industry Regulatory Authority isn't immune to claims it improperly interfered with Nasdaq membership applications as it pushed two broker-dealers to settle anti-money-laundering compliance claims, the broker-dealers have argued.

  • June 05, 2026

    Claims Over Russia Sanctions Test Investment Treaty Limits

    A spate of recent investor-state claims initiated by sanctioned Russian oligarchs seeking billions of dollars from European nations are relying on investment treaties in ways their drafters probably never envisioned, raising difficult questions for the tribunals tasked with adjudication.

  • June 05, 2026

    North Korea Sanctions Case Ends In Plea After 2 Mistrials

    A Chinese national pled guilty on Thursday in D.C. federal court to conspiracy to defraud the U.S. in a sanctions evasion scheme involving North Korean tobacco smuggling, bringing an end to a protracted prosecution after two separate deadlocked juries.

  • June 05, 2026

    Citizens Says $470K In Sanctions Overdue In Contempt Bid

    Citizens Financial told a Pennsylvania federal court Friday a contractor that unsuccessfully sued the bank over a worker's undetected theft is late paying nearly $470,000 in sanctions, arguing the former plaintiff has to pay up even as its appeal is pending.

  • June 05, 2026

    Sister Of Former Mass. Pol Sentenced For Role In Job Fraud

    The sister of a former Massachusetts state senator will spend two years on supervised release for lying to a grand jury investigating the politician for fraud, a federal judge ordered on Friday.

  • June 05, 2026

    Insurance Mogul Asks To Defer Prison Amid Restitution Push

    A billionaire insurance mogul sentenced to 12 years for bribery and wire fraud asked to put off his federal prison reporting date, saying he needs to maintain access to his defense attorneys and the special master as they continue to map out billions of dollars in restitution.

  • June 05, 2026

    Town Official Stole $200K In Little League Funds, Feds Say

    A Massachusetts town official used his access to a payment system for youth sports umpires to embezzle more than $200,000, federal prosecutors said Friday in announcing his indictment on wire fraud and tax charges.

Expert Analysis

  • Series

    Law School's Missed Lesson: Diagnose Before Arguing

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    Law school often skips over explicitly teaching students how to determine what kind of problem a case presents before they commit to a particular doctrinal path, which risks building arguments that are internally coherent but externally misaligned, says Melanie Oxhorn at Kobre & Kim.

  • Becoming The Biz-Savvy GC That Portfolio Companies Need

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    Candidates for general counsel roles at private equity-backed portfolio companies should prioritize proving their sector-specific experience, commercial judgment and ease with uncertainty — and attorneys hoping to be candidates in five to 10 years should start working on those skills now, says Dimitri Mastrocola at Major Lindsey.

  • AI Regulatory Gaps May Fuel FCA Enforcement Action

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    The intersection of artificial intelligence and False Claims Act enforcement presents legal risk for government contractors across several industries, particularly in the absence of a federal regulatory framework explicitly governing its development and use, say attorneys at O’Melveny.

  • AI Agents Will Test The Bounds Of Expert Witness Rules

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    Rule 702 of the Federal Rules of Evidence does not address whether a testifying expert must be human, but as the rule’s amended admissibility framework intersects with the accelerating capabilities of agentic AI, courts may be forced to confront whether AI-generated expertise fits within existing evidentiary doctrine, says Steven Cordero at Akerman.

  • Del. Dispatch: The Hurdles To Early Fraud Claim Dismissal

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    Particularly where the alleged facts may suggest potentially blatant or egregious misconduct, the pleading-stage standards highlighted in the Delaware Court of Chancery's recent decision in Diem v. Maisonette provide a ready route for the nondismissal of claims before a trial, say attorneys at Fried Frank.

  • Reel Justice: 'Project Hail Mary' Can Aid Cross-Examination

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    In the new science fiction film, "Project Hail Mary," a character understood that survival depended on eliminating ambiguity — a useful lesson that trial lawyers can implement by asking statements that are delivered in the form of a question during cross-examination, says Veronica Finkelstein at Wilmington University.

  • Series

    Judges On AI: How Courts Can Survive The Tech Revolution

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    Colorado Supreme Court Justice Maria Berkenkotter and Colorado Court of Appeals Judge Lino Lipinsky de Orlov discuss how artificial intelligence has already fundamentally altered the legal system and offer tips for courts navigating deepfakes, hallucinations and a gap in access to AI tools.

  • What Jury Holdouts Can Teach Trial Lawyers About Strategy

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    Though a hung jury can be a disappointment, a psychological understanding of jury holdouts can help trial lawyers shape their damages arguments and understand leadership and group composition as a function of jury selection, says Clint Townson at Townson Litigation.

  • 3 AI Adoption Mistakes GCs Should Avoid

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    The pressure in-house legal teams face to quickly adopt artificial intelligence tools, combined with budget constraints and the need to evaluate a crowded market of options, sets the stage for implementation mistakes that are often difficult to undo, says former 23andMe general counsel Guy Chayoun.

  • Sentencing Tips For Defending Crypto Conspiracy Cases

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    The sentencing of Evan Tangeman to 70 months in federal prison for laundering money in a cryptocurrency conspiracy illustrates that defense attorneys representing clients in multidefendant crypto cases need to understand the mechanics of conspiracy liability, loss attribution and restitution exposure before they reach the sentencing table, says Joseph De Gregorio at Sentencing Advocacy.

  • Series

    Playing Basketball Makes Me A Better Lawyer

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    My grandfather used to say "I wear your jersey" as shorthand for wholly committing to support someone with loyalty and integrity — ideals that have shaped my life on the basketball court and in legal practice, says Tracy Schimelfenig at Schimelfenig Legal.

  • How Cos. Can Navigate Iran Sanctions Risks In China

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    For multinational financial institutions and other companies caught between the U.S. and China’s competing compliance regimes as they relate to Iranian oil, finding a path forward will require careful, jurisdiction-specific analysis, say attorneys at Perkins Coie and Ashurst.

  • Series

    The Biz Court Digest: Georgia Court Has Business On Its Mind

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    Thanks to recent legislation, the Georgia State-wide Business Court will soon offer business litigants greater access to the court than ever before, further enhancing the court's emphasis on efficiency, predictability and accessibility for sophisticated commercial disputes, says former GSBC judge Walt Davis at Jones Day.

  • Key Tronic Case Shows SEC Isn't Ignoring Controls Violations

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    The U.S. Securities and Exchange Commission's first nonfraud enforcement action against a public company during Chairman Paul Atkins' tenure reflects the commission’s willingness to bring enforcement actions that charge books and records and internal controls violations, despite deviating from policing technical violations, say attorneys at Cooley.

  • DOJ's FCA Data-Miner Focus Raises Compliance Stakes

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    A new U.S. Department of Justice initiative aims to help its Civil Division better vet False Claims Act suits brought by data-mining whistleblowers, signaling that data-driven qui tam enforcement is a priority and making it increasingly important for attorneys and companies to bolster compliance, documentation and internal data monitoring, say attorneys at Wiley.

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