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White Collar
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March 18, 2025
TV Director Used Stolen Netflix Cash To Sue Netflix, Feds Say
Federal prosecutors say film and television director Carl Rinsch secured millions from Netflix to make a science fiction television show only to use that money on personal expenses including trading cryptocurrency, antiques, a Ferrari, five Rolls-Royces and even lawyers to sue Netflix for more money, according to an indictment unsealed Tuesday.
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March 18, 2025
Lab Co-Founder Takes Stand For Gov't In $40M Testing Case
A co-founder of a laboratory accused of submitting $40 million in unnecessary COVID-19 and genetic testing claims to healthcare benefit programs took the stand for the government on Tuesday, first testifying that the lab used an unauthorized test to cut corners and save money before admitting on cross-examination that the test was chosen because it performed better.
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March 18, 2025
PetroSaudi Says Feds' Suit Over $380M Award Must Proceed
A PetroSaudi unit is fighting the U.S. government's bid to stay its years-long suit to seize part of a $380 million arbitral award while criminal proceedings in Switzerland play out against the unit's former owner, telling a California federal court the move is a stall tactic.
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March 18, 2025
Conn. Murder Exoneree Asks Civil Rights Jury For $50M
A Connecticut exoneree on Tuesday urged a federal jury to award more than $50 million — or $5,000 per day — for the three decades he spent behind bars for a 1985 murder, arguing two town cops ignored cracks in the case almost from the beginning.
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March 18, 2025
Ill. Senator Fights Gov't's Plan For Bribery Trial Recordings
An Illinois state senator headed to trial on federal bribery charges argued Tuesday that the court should preserve his Sixth Amendment rights and block prosecutors from presenting evidence of prerecorded conversations involving a late former colleague who'd previously admitted to participating in a similar scheme.
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March 18, 2025
Fla. Mall Investor Gets 5 Years In $77M WeWork Stock Fraud
A Manhattan federal judge sentenced a real estate investor and former owner of a Florida waterfront shopping complex to five years in prison Tuesday following a fraud conviction in connection with manipulating the price of WeWork Inc.'s stock at $77 million shortly before the company declared bankruptcy.
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March 18, 2025
Asphalt Co. Exec Avoids Prison, Fined $100K For Bid Rigging
The president of an asphalt paving company who pled guilty to participating in a scheme with other asphalt companies to rig bids for projects in Michigan for roughly eight years avoided prison time and was ordered Tuesday to pay a $100,000 fine.
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March 18, 2025
Karen Read Asks 1st Circ. To Intervene As 2nd Trial Looms
Karen Read on Tuesday asked the First Circuit to consider her so far unsuccessful bid to claim double jeopardy to avoid another trial for allegedly killing her boyfriend with her SUV, telling the panel that the trial judge assumed, but never verified, that the first jury was deadlocked on all charges.
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March 18, 2025
Mistrial Declared In Magnet Co. Export Control Violation Case
A Kentucky federal judge has declared a mistrial in a case accusing Quadrant Magnetics LLC of violating export control law by sending schematics from military contractors to Chinese companies, finding that the government withheld relevant documents from the company.
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March 18, 2025
Trustee Files 2nd Suit Over Fuel Co. Execs' Alleged Looting
The bankruptcy trustee of failed fuel distributor Mountain Express Oil Co. has filed a second lawsuit over the Georgia company's alleged financial mismanagement, accusing its former top executives of using a host of associated companies to loot its assets as the company spiraled toward insolvency.
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March 18, 2025
Convicted Insurance Mogul's Co. Liable For $57M Fraud
A Malta-based advisory firm controlled by convicted insurance mogul Greg Lindberg violated the Investment Advisers Act of 1940 by helping facilitate his misappropriation of $57 million in client funds, a North Carolina federal court ruled, noting Lindberg and another firm executive already admitted to fraud in separate consent judgments.
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March 18, 2025
Feds Reject 'Absurd' Defense In Harvard Body Parts Case
Federal prosecutors in Pennsylvania have blasted an "absurd argument" that a stolen-goods law doesn't criminalize buying and selling body parts stolen from cadavers donated to the Harvard Medical School's morgue.
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March 18, 2025
Fulton DA Must Pay $54K To Law Firm Over Trump Case Docs
Fulton County District Attorney Fani Willis' office must pay more than $54,000 in attorney fees and turn over documents it wrongly withheld from an attorney representing one of the co-defendants in the Trump election interference case, a judge has ruled.
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March 17, 2025
Ex-Opioid Co. CEO Wants Out Of Law Firm's Billing Suit
A convicted former CEO of an opioid distributor is urging a New York federal judge to dismiss his criminal defense firm's suit against him over an alleged unpaid $150,000 expert witness tab, saying the suit fails because of "the clear and unambiguous language of the retainer agreements."
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March 17, 2025
DOJ Dismisses BitClout Crypto Fraud Case, Court Filings Say
Federal prosecutors have dropped their fraud case against the founder of crypto project BitClout accused of ripping off a venture capital firm, while the U.S. Securities and Exchange Commission is engaged in talks about a possible end to its own civil action against him, court documents show.
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March 17, 2025
Judge Ends Ex-Ga. Tech Prof's Suit Over Finance Probe
Two Georgia Tech auditors have escaped a malicious prosecution suit from a former professor over allegedly suspicious financial dealings by his startup that they flagged, as a Georgia federal judge said the professor "failed to provide evidence" his rights were violated.
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March 17, 2025
Ex-Avenatti Clients Resolve Fight Over Seized Honda Jet
Two of Michael Avenatti's former clients have settled their dispute over ownership interest and an insurance policy covering a $4.4 million Honda jet that the disgraced attorney allegedly purchased with stolen client funds, according to a notice filed in California federal court.
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March 17, 2025
Doctor Pays $700K To Settle Feds' Medicare Fraud Suit
A doctor and his Ringgold, Georgia, practice have agreed to pay $700,000 to settle allegations that they knowingly submitted false claims to Medicare for medically unnecessary chelation therapy.
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March 17, 2025
NYC To Pay $140M To End Taxi Drivers' Unfair Suspension Suit
New York City has agreed to pay $140 million to settle a nearly two-decade-old federal class action alleging its practice of summarily suspending licenses for taxi drivers who've been arrested but not yet convicted deprives them of due process by denying them meaningful opportunities to challenge their suspensions.
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March 17, 2025
9th Circ. Says Capital One Cyberattacker Sentence Too Light
A split Ninth Circuit panel Monday said a lower court judge was too lenient in sentencing a former Amazon.com Inc. coder to probation for orchestrating one of the nation's latest data breach crimes, finding that the district court judge erred in finding her actions were not "malicious."
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March 17, 2025
Florida Businessman Pleads Guilty To Hiding $20M From IRS
A Florida businessman faces up to five years in prison after he pled guilty Monday to hiding $20 million in Swiss bank accounts from the Internal Revenue Service.
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March 17, 2025
Execs Stole $5.4M In Fla. Trucking Co. Investments, SEC Says
The U.S. Securities and Exchange Commission has brought a Florida federal lawsuit against three principal members of a trucking company over securities violations, alleging that they raised at least $5.4 million after falsely promising investors significant profits but returned only a fraction of the money.
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March 17, 2025
Ex-Flooring Co. Exec Gets 7½ Years For $1.8M Fraud Scheme
Flooring manufacturer Mohawk Industries Inc.'s former head of information technology has been hit with a 7½-year prison sentence after admitting to masterminding a $1.8 million scheme to rip off the company, taking a guilty plea just days before a trial where his co-conspirators were set to testify against him.
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March 17, 2025
Okla. Gov. Looks To Dismiss Tribe's Jurisdiction Dispute
Oklahoma Gov. Kevin Stitt is asking a federal court to dismiss a paused jurisdiction dispute between the Muscogee (Creek) Nation and the city of Tulsa, or be allowed to intervene, arguing that the municipality has signaled a willingness to abandon the defense of the state's interests.
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March 17, 2025
'Jailhouse Lawyer' Admits Firing Off Error-Filled Filings
A convicted fraudster accused of duping people into paying him for legal work told a Manhattan federal jury on Monday that he "wanted to help people," before a prosecutor showed evidence that he "cut and pasted" often-sloppy court papers in rapid-fire fashion.
Expert Analysis
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How Attorneys Can Master The Art Of Eye Contact At Trial
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.
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Series
Group Running Makes Me A Better Lawyer
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.
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How White Collar Defense Attys Can Use Summary Witnesses
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.
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Opinion
6 Changes I Would Make If I Ran A Law School
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.
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The Current State Of Play Around Corporate Transparency Act
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.
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How White Collar Attys Can Use Mythic Archetypes At Trial
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.
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Firms Still Have The Edge In Lateral Hiring, But Buyer Beware
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.
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Teaching Your Witness To Beat The Freeze/Appease Response
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.
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Think Like A Lawyer: 1 Type Of Case Complexity Stands Out
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.
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Immigration Atty Tips For Avoiding Prosecution Under Trump
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.
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FTX Exec's Sentencing Shows Pros And Cons Of Cooperation
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.
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SEC Custody Rule Creates Crypto Compliance Conundrum
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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Think Like A Lawyer: Note 3 Simple Types Of Legal Complexity
Cases can appear complex for several reasons — due to the number of issues, the volume of factual and evidentiary sources, and the sophistication of those sources — but the same basic technique can help lawyers tame their arguments into a simple and persuasive message, says Luke Andrews at Poole Huffman.
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What Insurers Need To Know About OFAC's Expanded FAQs
The Office of Foreign Assets Control's recently expanded insurance FAQs clarify how OFAC views insurance policies in a number of specific circumstances involving sanctioned parties, and make plain that sanctions compliance is the responsibility of all participants in the insurance ecosystem, including underwriters, brokers and agents, say attorneys at Morgan Lewis.
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Plugging Gov't Leaks Is Challenging, But Not A Pipe Dream
As shown by ongoing legal battles involving New York City Mayor Eric Adams and Sean “Diddy” Combs, it’s challenging for defendants to obtain relief when they believe the government leaked sensitive information to the media, but defense counsel can take certain steps to mitigate the harm, says Kenneth Notter at MoloLamken.