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White Collar
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January 21, 2025
Trump Installs New Prisons Chief, Revives Private Facilities
President Donald Trump made sweeping changes to the criminal justice system in his first hours in office, including replacing the Federal Bureau of Prisons director brought in under the Biden administration and ending former President Joe Biden's plan to phase out privately run federal prisons.
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January 21, 2025
Crypto Firm To Plead Guilty In Market Manipulation Case
A financial services firm based in the United Arab Emirates has agreed to plead guilty to a fraudulent "wash trading" scheme and will stop working in the U.S. cryptocurrency industry as part of a deal announced Tuesday by Boston federal prosecutors.
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January 21, 2025
Ex-Cannabis Exec Hit With Insider Trading Charges
A former executive of cannabis giant Verano Holdings and friends from his country club have been hit with both criminal charges and a civil lawsuit for insider trading, with the government alleging they bought stock in a rival cannabis company Verano had planned to acquire based on nonpublic information.
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January 21, 2025
Trump Taps Pot Legalization Opponent As Acting DEA Head
A stalled effort to loosen federal restrictions on marijuana will be overseen, at least temporarily, by a former U.S. Drug Enforcement Administration agent who has previously spoken out against marijuana reform and specifically criticized the former administration's bid to recategorize the drug.
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January 21, 2025
4 Of 8 From Alleged Bronx Beer Heist Squad In Plea Talks
The leader of an eight-man crew accused of carrying out a brazen scheme to steal Mexican beer from trains and resell it in the Bronx is in plea talks along with three co-defendants, a New York federal judge heard Tuesday.
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January 21, 2025
SDNY Prosecutor Returns To Debevoise In San Francisco
Debevoise & Plimpton LLP announced the return of one of its litigators Tuesday after eight and a half years with the U.S. Attorney's Office for the Southern District of New York, most recently as deputy chief of the Criminal Division.
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January 21, 2025
Bondi Pledges To Consult DOJ Ethics Team On Trump Matters
Following last week's hearing for President Donald Trump's attorney general nominee, Democrats further questioned Pam Bondi on how she would maintain independence from Trump due to her past relationships with him.
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January 21, 2025
Trump 2020 Electors, Criminally Charged, Can't Stop Civil Suit
A state appellate panel said a civil lawsuit could proceed against Michigan Republicans who allegedly participated in a "false elector" plot in 2020, finding a judge did not abuse her discretion by refusing to stay the case for related criminal proceedings.
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January 21, 2025
Victors In Landmark Graft Case Want 2nd Top Court Review
The defendants who won a landmark 2023 U.S. Supreme Court ruling that narrowed certain types of corruption prosecutions have asked the justices to intervene in their case again, claiming the Second Circuit had wrongly allowed the government to pursue new trials based on a different theory of fraud.
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January 21, 2025
BakerHostetler Adds Ex-ATF Director For 3rd Stint With Firm
BakerHostetler is bringing back the recently departed head of the federal Bureau of Alcohol, Tobacco, Firearms and Explosives as a partner in its litigation practice group in Cleveland and Washington, D.C., the firm announced Tuesday.
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January 21, 2025
Troutman Adds Former Ga. Middle District US Atty In Atlanta
Troutman Pepper Locke LLP has expanded its white collar litigation and investigations practice in Atlanta with the addition of the former U.S. attorney for the Middle District of Georgia, making him the second former U.S. attorney for the district to join the firm since 2021.
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January 21, 2025
Weil Adds SEC's Asset Management Co-Chief To NY Group
A more-than 12-year veteran of the U.S. Securities and Exchange Commission, who most recently co-led the agency's Asset Management Unit, is joining Weil Gotshal & Manges LLP as the firm continues adding former regulators to begin the new year.
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January 21, 2025
Ga. US Atty's Offices Tap Acting Chiefs
With the resignations this month of the top United States attorneys in Georgia, the Justice Department has announced their top deputies will step up to lead the offices of the Peach State's three judicial districts.
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January 21, 2025
Former DOJ Antitrust Leader Joins Cravath From Paul Weiss
The former co-chair of Paul Weiss Rifkind Wharton & Garrison LLP's antitrust practice group, who previously served as the ranking deputy at the U.S. Department of Justice's Antitrust Division, has joined Cravath Swaine & Moore LLP as a New York-based litigation partner.
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January 21, 2025
Trump Eyes Mass. Federal Prosecutor For US Atty In Boston
President Donald Trump plans to nominate Leah Foley to be Massachusetts' next U.S. attorney, elevating a longtime prosecutor in the office to the top spot after she had sought the job during Trump's first administration, Law360 has learned.
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January 21, 2025
Sex-Shaming Murder Conviction To Be Reviewed
The U.S. Supreme Court on Tuesday revived claims from a woman on death row in Oklahoma that prosecutors unfairly sex-shamed her and relied on gender-based stereotypes to convince a jury that she had killed her estranged husband for insurance money.
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January 21, 2025
Judge Blocks Release Of Trump Classified Info Report
A Florida federal judge on Tuesday blocked the release of a report on the criminal case charging President Donald Trump with unlawfully hoarding classified documents at Mar-a-Lago after his first term in office, ruling there is no justification to release a report prior to the conclusion of criminal proceedings against Trump's co-defendants.
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January 17, 2025
Law360 Names Practice Groups Of The Year
Law360 would like to congratulate the winners of its Practice Groups of the Year awards for 2024, which honor the attorney teams behind litigation wins and significant transaction work that resonated throughout the legal industry this past year.
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January 17, 2025
Law360 Names Firms Of The Year
Eight law firms have earned spots as Law360's Firms of the Year, with 54 Practice Group of the Year awards among them, steering some of the largest deals of 2024 and securing high-profile litigation wins, including at the U.S. Supreme Court.
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January 20, 2025
Trump Names Immigration Official As Acting Attorney General
President Donald Trump on Monday designated a longtime immigration official at the U.S. Department of Justice to be acting attorney general until his pick Pam Bondi, former Florida attorney general, can be confirmed.
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January 17, 2025
Feds Drop Bribery, Fraud Suit Against Ex-New York Lt. Gov.
Federal prosecutors on Friday dropped a bribery and fraud suit accusing former New York Lt. Gov. Brian Benjamin of using his position to obtain state grant funds in exchange for campaign contributions, noting the death of a New York real estate lawyer who pled guilty as a cooperating witness in 2022.
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January 17, 2025
Walgreens Knowingly Filled Invalid Prescriptions, Feds Say
The U.S. Department of Justice has accused Walgreens of knowingly filling millions of prescriptions for opioids and other controlled substances that did not have a legitimate medical purpose or were not valid, intervening in cases brought by four whistleblowers in Illinois federal court.
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January 17, 2025
Par Funding's Fraud Caused $288M In Losses, Pa. Judge Says
Par Funding caused $288 million in losses stemming from a scheme to defraud investors who poured money into its cash advance business, a Pennsylvania federal judge said Friday, days after holding an evidentiary hearing where the government and the defendants sparred over dueling loss amounts.
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January 17, 2025
Trump Says He'd Be Harmed By Mar-A-Lago Report's Release
President-elect Donald Trump on Friday urged a Florida federal judge to prevent the release of a report on his criminal case charging him with unlawfully hoarding classified documents at Mar-a-Lago after his first term in office, saying it would result in "very grave" harm to him personally and while serving as president.
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January 17, 2025
DOJ Wants No Jail Time For Cross-Border Monopoly Member
The U.S. Department of Justice has told a Texas federal judge that a woman who pled guilty to conspiring to monopolize cross-border sales of used vehicles should be sentenced to up to 14 months of home detention.
Expert Analysis
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Series
Gardening Makes Me A Better Lawyer
Beyond its practical and therapeutic benefits, gardening has bolstered important attributes that also apply to my litigation practice, including persistence, patience, grit and authenticity, says Christopher Viceconte at Gibbons.
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SEC Prioritized Enforcement Sweeps As Cases Slowed In '24
Following three consecutive years of increasing activity, fiscal year 2024 marked the lowest number of cases the U.S. Securities and Exchange Commission has brought since Gary Gensler assumed office in April 2021, buttressed by some familiar enforcement sweeps, say attorneys at Covington.
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Litigation Inspiration: Reframing Document Review
For attorneys — new ones especially — there is much fulfillment to find in document review by reflecting on how important, interesting and pleasant it can be, says Bennett Rawicki at Hilgers Graben.
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Rank-And-File DOJ Attorneys Will Keep Calm And Carry On
Career prosecutors at the U.S. Department of Justice often pride themselves on their ability to remain apolitical in order to ensure consistency and keep the department’s mission afloat, and the incoming Trump administration is unlikely to upend this tradition, says Michael Landman at Bird Marella.
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Navigating 4th Circ.'s Antitrust Burden In Hybrid Relationships
The U.S. Supreme Court recently declined to review the Fourth Circuit's Brewbaker decision, a holding that heightens the burden on antitrust prosecutors when the target companies have a hybrid horizontal-vertical relationship, but diverges from other circuits, say attorneys at Troutman Pepper.
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5 Ways SEC's Crypto Approach Could Change Under Trump
Given the Trump campaign's procrypto stance, the U.S. Securities and Exchange Commission could take a number of different approaches to crypto policy in the next administration, including pausing registration-only enforcement actions and proposing tailored rules that take into account the differences between crypto-assets and traditional securities, say attorneys at WilmerHale.
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Series
Flying Makes Me A Better Lawyer
Achieving my childhood dream of flying airplanes made me a better lawyer — and a better person — because it taught me I can conquer difficult goals when I leave my comfort zone, focus on the demands of the moment and commit to honing my skills, says Ivy Cadle at Baker Donelson.
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With Precautions, AI Can Help With Suspicious Activity Filings
While artificial intelligence can enhance suspicious activity report processes, financial services firms should review applicable expectations and areas of deficiencies that can lead to enforcement actions before using AI to help write SARs, say attorneys at Jenner.
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Opinion
Justices Should Squash Bid To Criminalize Contract Breaches
In Kousisis v. U.S., the U.S. Supreme Court should reject the sweeping legal theory that breaches of contract can satisfy the property element of the mail and wire fraud statutes, which, if validated, would criminalize an array of ordinary conduct and violate basic constitutional principles, say attorneys at The Norton Law Firm.
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Series
Circus Arts Make Me A Better Lawyer
Performing circus arts has strengthened my ability to be more thoughtful, confident and grounded, all of which has enhanced my legal practice and allowed me to serve clients in a more meaningful way, says Bailey McGowan at Stinson.
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How D&O Coverage Can Aid Against Increased AI Scrutiny
The recent increase in regulatory enforcement and securities class actions stemming from corporate use of artificial intelligence should prompt companies to ensure that their directors and officers liability insurance coverage is appropriately tailored to AI-related risks, say attorneys at Reed Smith.
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When Investigating An Adversary, Be Wary Of Forged Records
Warnings against the use of investigators who tout their ability to find an adversary’s private documents generally emphasize the risk of illegal activity and attorney discipline, but a string of recent cases shows an additional danger — investigators might be fabricating records altogether, says Brian Asher at Asher Research.
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3 Ways To Train Junior Lawyers In 30 Minutes Or Less
Today’s junior lawyers are experiencing a skills gap due to pandemic-era disruptions, but firms can help bring them up to speed by offering high-impact skill building content in bite-sized, interactive training sessions, say Stacey Schwartz at Katten, Diane Costigan at Winston & Strawn and Lauren Tierney at Freshfields.
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8 Tech Tips For Stress-Free Remote Depositions
Court reporter Kelly D’Amico shares practical strategies for attorneys to conduct remote depositions with ease and troubleshoot any issues that arise, as it seems deposition-by-Zoom is here to stay after the pandemic.
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How To Safely Leverage AI In The Digital Assets Industry
Digital asset businesses that use or plan to implement artificial intelligence should assess their risk management frameworks to ensure that AI-related business areas, including customer support and fraud detection, are in compliance with applicable laws and regulatory guidance from the last year, say attorneys at Winston & Strawn.