White Collar

  • September 19, 2024

    Macquarie Unit To Pay $80M To End SEC's Overvaluation Claims

    A subsidiary of Australian financial services company Macquarie Group Ltd. agreed Thursday to pay the U.S. Securities and Exchange Commission nearly $80 million to settle charges it overvalued largely illiquid mortgage-backed securities and carried out cross-trades that favored certain clients over others.

  • September 19, 2024

    Ex-La. Assistant DA Indicted In Bribery, Laundering Case

    A former assistant district attorney in Lafayette, Louisiana, has been indicted on allegations he conspired to solicit kickbacks and accept bribes while overseeing the 15th Judicial District Attorney's Office's pretrial intervention program. 

  • September 19, 2024

    Filing After Bar Lapse Was Honest Mistake, Prosecutor Says

    A Texas surgeon facing criminal charges for giving patient data to a media outlet regarding gender-affirming care provided to minors accused the government's lead prosecutor of taking the case while she had a suspended law license, a blunder the attorney called an unintentional error on Thursday.

  • September 19, 2024

    NJ Atty Tapped To Lead Embattled County Prosecutor's Office

    New Jersey Gov. Phil Murphy on Thursday nominated a senior assistant Hunterdon County prosecutor specializing in human trafficking and other major crimes to take charge of the Warren County Prosecutor's Office, which has been roiled since April by a fraud investigation into its former leader.

  • September 19, 2024

    Feds Say Menendez Retrial Bid Ignores 'Overwhelming' Proof

    Prosecutors urged a Manhattan federal judge to reject former Sen. Bob Menendez's request for a new trial on corruption and bribery charges, arguing that evidence of his guilt was "overwhelming."

  • September 19, 2024

    AT&T Exec's Bribery Trial Ends With Hung Jury

    An Illinois federal judge declared a mistrial in a key corruption case after jurors told him twice Thursday they could not reach a unanimous verdict on any of the charges against an AT&T executive accused of illegally influencing former Illinois House speaker Michael Madigan.

  • September 19, 2024

    Alaska Man Accused Of Death Threats Against Justices

    An Alaska man has been indicted on charges of sending hundreds of hate-filled messages that included death, kidnap and assault threats to six unnamed U.S. Supreme Court justices, according to court documents.

  • September 19, 2024

    Feds Oppose Overturning Guilty Verdict For Crypto Trader

    Federal prosecutors told a New York federal judge that the crypto trader convicted of fraudulently draining more than $100 million from platform Mango Markets is wrongly attempting to recast factual issues as legal questions in his bid for acquittal.

  • September 19, 2024

    Federal Judicial Picks For 3 States Advance To Full Senate

    The U.S. Senate Judiciary Committee sent four judicial nominations to the full Senate on Thursday, including that of a former U.S. attorney nominee whose confirmation was blocked by Sen. JD Vance, R-Ohio, before he became a vice presidential nominee.

  • September 18, 2024

    AI Musician Denies Purported $10M Streaming Scam

    A North Carolina man facing a novel fraud case alleging he used artificial intelligence on platforms like Apple Music, Spotify and YouTube to generate around $10 million in illegal revenues denied wrongdoing at his initial court appearance Wednesday in New York.

  • September 18, 2024

    SEC Files Its 1st Suits Over 'Pig Butchering' Crypto Scams

    The U.S. Securities and Exchange Commission has filed two first-of-their-kind suits against a series of entities and individuals behind a pair of so-called pig butchering schemes that allegedly solicited investments in fake crypto platforms by gaining people's trust over social media only to scam them out of nearly $3 million.

  • September 18, 2024

    Tax Chiefs Eye Crypto Payment Cos., OTC Traders, IRS Says

    Tax investigators in the U.S., U.K., Canada, Australia and the Netherlands are preparing guidance on red flags for cryptocurrency payment providers and over-the-counter trading desks following a joint operation this week, a special agent with the Internal Revenue Service said Wednesday.

  • September 18, 2024

    SEC Settles Latest Covington Info Theft Case For $33K

    A New Jersey man will pay a $33,000 civil penalty to the U.S. Securities and Exchange Commission for insider trading on confidential merger tips that his cousin stole from a Covington & Burling LLP lawyer, according to a settlement filed in New York federal court on Wednesday.

  • September 18, 2024

    Combs Denied Bail, Feds Cite 'Massive' Trafficking Evidence

    A Manhattan federal judge on Wednesday denied bail for Sean "Diddy" Combs, upholding an earlier detention order despite a pitch by the hip-hop mogul accused of violent sex trafficking to be released to his luxe Miami Beach island home while awaiting trial.

  • September 18, 2024

    Staffing Co. Ex-CEO Gets Prison Time For $6M Billing Scheme

    The former CEO of a purported Georgia-based staffing company was sentenced to nearly eight years in federal prison after pleading guilty to fraud-related charges in a $6 million scheme using fake payroll invoices he sent to a financing business in Florida while pretending to be someone else.

  • September 18, 2024

    Harvard Rips Morgue Theft Appeal's Immunity Claim

    Harvard University told Massachusetts' intermediate-level appeals court that litigation over the alleged theft and sale of cadaver body parts from its medical school's morgue relies on a "crabbed" reading of an immunity law related to anatomical gifts.

  • September 18, 2024

    Jury Finds Eatery Owner Guilty Of COVID Fraud, Tax Crimes

    A San Diego restaurant owner who worked with food delivery services during the pandemic and saw his business improve was convicted by a California federal jury of tax crimes and lying on loan applications to obtain more than $1.7 million in COVID-19 funds meant for struggling businesses.

  • September 18, 2024

    Convicted Pastor, An NYC Mayor Ally, Denied Bail For Appeal

    A Brooklyn pastor and reported friend of New York City Mayor Eric Adams who was convicted of fraud in March has been denied bail by the Second Circuit while he appeals the jury verdict and his nine-year prison sentence.

  • September 18, 2024

    Calif. Atty Can't Escape Billing Scandal's Hacking Claim

    A San Fernando Valley attorney will have to face his ethics case that alleges he tried to hire "Israeli military hackers" to access personal accounts of a judge overseeing a public utility class action, after the California State Bar court rejected his motion to dismiss.

  • September 18, 2024

    Texas Criminal Court Pauses Paxton Prosecutor Fee Ruling

    The Texas Court of Criminal Appeals on Tuesday agreed to pause a lower court ruling that would allow Collin County to pay a lower amount to the special prosecutors appointed to oversee the securities fraud case against Texas Attorney General Ken Paxton, putting the county's victory on ice while it considers the dispute.

  • September 18, 2024

    EDNY Prosecutor Joins Faegre Drinker

    Faegre Drinker has added a prosecutor from the U.S. Attorney's Office for the Eastern District of New York to its growing white collar litigation practice.

  • September 18, 2024

    Real Estate Atty Pleads Guilty To Ga. COVID Funds Fraud

    The former operator of a Georgia-based real estate law firm has pled guilty to two fraud charges totaling about $500,000, including fraudulently obtaining nearly $300,000 in COVID-19 government relief funds, as part of an agreement that blocks the U.S. attorney in Atlanta from bringing any additional related charges.

  • September 18, 2024

    Weinstein Pleads Not Guilty To New Sex Assault Charge

    Harvey Weinstein pled not guilty to a new sexual assault indictment in Manhattan state court on Wednesday as he faces a November retrial after his earlier New York rape conviction was vacated.

  • September 18, 2024

    Sidley Can't Escape Malpractice Suit In Ga. Over Tax Scheme

    A Georgia federal judge has found that Sidley Austin LLP must face its former clients' legal malpractice claims alleging they participated in a tax scheme under the firm's guidance, but threw out indemnity claims seeking reimbursement for paying the IRS $7 million over the scheme.

  • September 18, 2024

    Montgomery McCracken Adds White Collar Litigator In Philly

    Montgomery McCracken Walker & Rhoads LLP expanded its litigation services in Philadelphia with the recent addition of a white collar and defense attorney who left Saxton & Stump after more than a year to join the firm.

Expert Analysis

  • Series

    Glassblowing Makes Me A Better Lawyer

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    I never expected that glassblowing would strongly influence my work as an attorney, but it has taught me the importance of building a solid foundation for your work, learning from others and committing to a lifetime of practice, says Margaret House at Kalijarvi Chuzi.

  • 3 Surprising Deposition Dangers Attorneys Must Heed

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    Attorneys often do not think of discovery as a particularly risky phase of litigation, but counsel must closely heed some surprisingly strict and frequently overlooked requirements before, during and after depositions that can lead to draconian consequences, says Nate Sabri at Perkins Coie.

  • Money, Money, Money: Limiting White Collar Wealth Evidence

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    As courts increasingly recognize that allowing unfettered evidence of wealth could prejudice a jury against a defendant, white collar defense counsel should consider several avenues for excluding visual evidence of a lavish lifestyle at trial, says Jonathan Porter at Husch Blackwell.

  • How Associates Can Build A Professional Image

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    As hybrid work arrangements become the norm in the legal industry, early-career attorneys must be proactive in building and maintaining a professional presence in both physical and digital settings, ensuring that their image aligns with their long-term career goals, say Lana Manganiello at Equinox Strategy Partners and Estelle Winsett at Estelle Winsett Professional Image Consulting.

  • Firms Must Rethink How They Train New Lawyers In AI Age

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    As law firms begin to use generative artificial intelligence to complete lower-level legal tasks, they’ll need to consider new ways to train summer associates and early-career attorneys, keeping in mind the five stages of skill acquisition, says Liisa Thomas at Sheppard Mullin.

  • Think Like A Lawyer: Always Be Closing

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    When a lawyer presents their case with the right propulsive structure throughout trial, there is little need for further argument after the close of evidence — and in fact, rehashing it all may test jurors’ patience — so attorneys should consider other strategies for closing arguments, says Luke Andrews at Poole Huffman.

  • Takeaways From Nat'l Security Division's Historic Declination

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    The Justice Department National Security Division's recent decision not to prosecute a biochemical company for an employee's export control violation marks its first declination under a new corporate enforcement policy, sending a clear message to companies that self-disclosure of misconduct may confer material benefits, say attorneys at Perkins Coie.

  • Deciphering SEC Disgorgement 4 Years After Liu

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    Since the U.S. Supreme Court’s 2020 decision in Liu v. U.S. Securities and Exchange Commission to preserve SEC disgorgement with limits, courts have continued to rule largely in the agency’s favor, but a recent circuit split over the National Defense Authorization Act's import may create hurdles for the SEC, say attorneys at Ropes & Gray.

  • Wiretap Use In Cartel Probes Likely To Remain An Exception

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    Although the U.S. Department of Justice's Antitrust Division has recently signaled interest in wiretaps, the use of this technology to capture evidence of antitrust conspiracies and pursue monopolization as a criminal matter has been rare historically, and is likely to remain so, say Carsten Reichel and Will Conway at DLA Piper.

  • The OIG Report: DOD Review May Cause Contractor Dilemmas

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    Given a recent Office of Inspector General report finding that the U.S. Department of Defense awarded billions of dollars in contracts without performing the requisite financial responsibility reviews, contractors should prepare for a lengthier, more burdensome process and the possibility of re-review, says Diana Shaw at Wiley.

  • Playing The Odds: Criminal Charges Related To Sports Betting

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    In light of recent sports betting scandals involving MLB player Shohei Ohtani and NBA player Jontay Porter, institutions and individuals involved in athletics should be aware of and prepared to address the legal issues, including potential criminal charges, that sports gambling may bring to their door, say attorneys at Steptoe.

  • Series

    Playing Chess Makes Me A Better Lawyer

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    There are many ways that chess skills translate directly into lawyer skills, but for me, the bigger career lessons go beyond the direct parallels — playing chess has shown me the value of seeing gradual improvement in and focusing deep concentration on a nonwork endeavor, says attorney Steven Fink.

  • Litigation Inspiration: Attys Can Be Heroic Like Olympians

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    Although litigation won’t earn anyone an Olympic medal in Paris this summer, it can be worthy of the same lasting honor if attorneys exercise focused restraint — seeking both their clients’ interests and those of the court — instead of merely pursuing every advantage short of sanctionable conduct, says Bennett Rawicki at Hilgers Graben.

  • Lean Into The 'Great Restoration' To Retain Legal Talent

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    As the “great resignation,” in which employees voluntarily left their jobs in droves, has largely dissipated, legal employers should now work toward the idea of a “great restoration,” adopting strategies to effectively hire, onboard and retain top legal talent, says Molly McGrath at Hiring & Empowering Solutions.

  • 9th Circ. Ruling Shows Lies Must Go To Nature Of Bargain

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    The Ninth Circuit’s recent U.S. v. Milheiser decision, vacating six mail fraud convictions, clarifies that the key question in federal fraud cases is not whether lies were told, but what they were told about — thus requiring defense counsel to rethink their strategies, say Charles Kreindler and Krista Landis at Sheppard Mullin.

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