White Collar

  • January 06, 2025

    Cos. Accused Of Misusing EB-5 Investor Funds

    More than $80 million in EB-5 investor funds that were intended for a Brooklyn real estate project were misused to purchase shares in a related company, a suit claimed in New York federal court.

  • January 06, 2025

    Fla. Investment Adviser To Change Plea In $4M Fraud Case

    A Florida investment adviser on Monday agreed to change his plea to guilty in a Connecticut federal criminal case in which he's accused of using his company to defraud clients out of more than $4 million by using their money for personal expenses and to pay returns for other clients.

  • January 06, 2025

    Boeing, DOJ Given More Time To Rework 737 Max Plea Deal

    The U.S. Department of Justice and The Boeing Co. have until mid-February to rework a plea agreement in the American aerospace giant's 737 Max criminal conspiracy case, a Texas federal judge ruled Saturday, ensuring that the incoming Trump administration will oversee final negotiations on any potential new deal.

  • January 06, 2025

    Mass. US Atty To Depart Role Before Trump's Inauguration

    Massachusetts U.S. Attorney Joshua Levy will step down from the job Jan. 17 ahead of President-elect Donald Trump's inauguration, his office announced Monday evening.

  • January 06, 2025

    Mich. Residents Say Solar Investors Can't Arbitrate Fraud Suit

    Michigan residents who allege Florida investment firms funded a company that duped them into buying defective solar panels have urged a federal judge to deny the firms' bid to arbitrate or dismiss the claims, saying the court has already rejected the investors' arguments.

  • January 06, 2025

    Law School Grad Gets 2 Years For JPMorgan Insider Trading

    A law school graduate was sentenced in California federal court Monday to two years in prison for insider trading on tips from a JPMorgan Chase analyst, while another defendant was spared jail time for his role in the same scheme.

  • January 06, 2025

    'Iron Man 2' Actor Sentenced To Over 8 Years For COVID Scam

    A bodybuilder and actor from "Iron Man 2" was sentenced to over eight years in prison by a California federal judge Monday after a jury found he tried to scam investors by claiming he'd found a cure for COVID-19 and that NBA legend Earvin "Magic" Johnson was a major investor.

  • January 06, 2025

    DC Judge Denies Atty's Bid To Hasten Search For DEA Leak

    A D.C. federal judge Monday denied a Texas attorney's bid to force the U.S. Drug Enforcement Administration to turn over purported communications between agency personnel and anti-legalization activists regarding a proposal to loosen federal restrictions on marijuana.

  • January 06, 2025

    Terraform Victims May Exceed 1M, Feds Say In Notice Request

    The U.S. Department of Justice on Monday asked a Manhattan federal judge for permission to issue a public notice to notify potential victims of defunct cryptocurrency firm Terraform Labs' creator Do Kwon's alleged $40 billion fraud, saying there are too many victims — potentially more than one million — to do individual outreach.

  • January 06, 2025

    Indian Chemical Cos. Supplied Fentanyl Precursors, DOJ Says

    New York federal prosecutors on Monday unveiled criminal charges against two India-based chemical companies and a senior executive for allegedly conspiring to supply and ship chemical building blocks that would later be made into fentanyl, a highly addictive and deadly synthetic opioid, to the United States and Mexico.

  • January 06, 2025

    Convicted Atty Who 'Lost Everything' Fights To Keep License

    A Philadelphia-based personal injury attorney who was convicted for not paying income tax on more than $8 million in revenue he earned and for failing to pay almost $60,000 in payroll taxes argued Monday he should not permanently lose his ability to practice law in New Jersey.

  • January 06, 2025

    On Capitol Riot Anniversary, DOJ Update Says 1,500 Charged

    On the fourth anniversary of the deadly attack on the U.S. Capitol and the day President-elect Donald Trump's victory was to be made official, the U.S. Department of Justice announced that over 1,500 defendants have been charged with federal crimes related to the insurrection.

  • January 06, 2025

    Sheppard Mullin Hires University Of Calif. Health Counsel

    Sheppard Mullin Richter & Hampton LLP announced Monday that it has hired two attorneys who previously served in-house at the University of California to bolster its healthcare industry practice group.

  • January 06, 2025

    Fed's Barr To Step Down As Supervision Head Next Month

    Federal Reserve Vice Chair for Supervision Michael S. Barr announced Monday that he will step down from his current role next month, a reversal that paves the way for President-elect Donald Trump to appoint his own head of the central bank's oversight of big banks and regulatory policymaking.

  • January 06, 2025

    Chinese Billionaire's Deputy Gets 10 Years For $1.4B Fraud

    A Manhattan federal judge sentenced a Chinese business manager to 10 years in prison Monday for her role assisting convicted billionaire Miles Guo's $1.4 billion fraud, saying the lawbreaking was egregious because it leveraged talk of bringing democracy to authoritarian China.

  • January 06, 2025

    Judge Denies Trump's Request To Delay Jan. 10 Sentencing

    A New York state judge on Monday denied Donald Trump's request to suspend his Jan. 10 sentencing in his hush money case as the president-elect simultaneously appealed the court's refusal to throw out the charges based on presidential immunity.

  • January 06, 2025

    Connecticut US Attorney Avery To Resign Jan. 17

    The U.S. attorney for the District of Connecticut on Monday announced her resignation effective just before the stroke of midnight the Friday before the presidential inauguration.

  • January 03, 2025

    George Santos Wants Fraud Sentencing Delayed For Podcast

    Expelled U.S. Rep. George Santos on Friday urged a New York federal judge to delay sentencing in his federal fraud case for six months, saying he needs time to earn money through his new "Pants On Fire" weekly gossip podcast to pay roughly $580,000 owed in restitution and forfeiture.

  • January 03, 2025

    Boeing, DOJ Say No Agreement Yet For Revised 737 Max Plea

    The Boeing Co. and the U.S. Department of Justice told a Texas federal judge Friday they have not yet reached an agreement on how to revise the aircraft manufacturer's plea agreement in the 737 Max criminal conspiracy case, after the judge last month rejected the initial deal.

  • January 03, 2025

    US Sanctions Chinese Tech Co. Over 'Flax Typhoon' Attacks

    The U.S. Department of the Treasury's Office of Foreign Assets Control on Friday sanctioned Integrity Technology Group Inc., accusing the Beijing-based software company of being behind malicious cyberattacks targeting critical U.S. infrastructure sectors perpetuated by the prolific Chinese government-sponsored "Flax Typhoon" hacker group.

  • January 03, 2025

    Fla. Gov't Contractor Agrees To Pay $1M Over Rigging Bids

    A Florida owner of two government contractors agreed to fork over $1 million to the U.S. government to settle civil allegations he conspired with a Massachusetts-based company to submit false bids and resulted in driving up the cost of U.S. Department of Defense contracts, federal officials said Friday.

  • January 03, 2025

    Netgear, Huawei Settle Calif. RICO Suit Over Wi-Fi SEPs

    Netgear and Huawei informed a California federal judge Friday that they have resolved their racketeering dispute and asked for a 30-day stay to finalize their deal, weeks after Netgear sought to block Huawei from seeking injunctions through patent actions pending in foreign courts and a German court found Netgear infringed Huawei's Wi-Fi patents.

  • January 03, 2025

    Ex-Jaguars Employee Drops 2 FanDuel Owners From Suit

    A former employee of the NFL's Jacksonville Jaguars who's in federal prison for embezzling millions to spend on online gambling on Friday dropped Fox Corp. and Boyd Gaming Corp. from his $250 million suit accusing the betting platform FanDuel of preying on his addiction.

  • January 03, 2025

    Fund Manager Says Broker-Dealer's Retaliation Led To Losses

    Financial services company Leader Capital Corp. has sued a broker-dealer and a marketing services company for allegedly making false and misleading representations to investors about Leader Capital's compliance with securities laws, causing at least $3.5 million in damage after the investors withdrew funds.

  • January 03, 2025

    Inside Arnold & Porter's Win In Prison 'Rape Club' Case

    Aided by attorneys from Arnold & Porter Kaye Scholer LLP, a group of women incarcerated at a California federal prison recently reached settlements with the Bureau of Prisons, including a consent decree and the agency’s largest-ever monetary settlement, to resolve claims of systemic sexual abuse at the notorious facility.

Expert Analysis

  • Recent Developments In Insurance Coverage For FCA Claims

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    As the U.S. Department of Justice continues its vigorous False Claims Act enforcement, companies looking to their insurers to help defray the costs of an investigation or settlement should note recent decisions on which types of policies cover FCA claims, which policy periods apply and which portions of FCA-related losses are covered, say attorneys at Covington.

  • A Look At Grewal's Record-Breaking Legacy After SEC Exit

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    Gurbir Grewal resigned as director of the U.S. Securities and Exchange Commission's Division of Enforcement last month after more than three years on the job, leaving behind a legacy marked by record numbers of penalties and enforcement actions, as well as mixed results in aggressive lawsuits against major crypto players, say attorneys at Debevoise.

  • Striking A Balance Between AI Use And Attorney Well-Being

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    As the legal industry increasingly adopts generative artificial intelligence tools to boost efficiency, leaders must note the hidden costs of increased productivity, and work to protect attorneys’ well-being while unlocking AI’s full potential, says Ed Sohn at Factor.

  • Empathy In Mediation Offers A Soft Landing For Disputes

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    Experiencing a crash-landing on a recent flight underscored to me how much difference empathy makes in times of crisis or stress, including during mediation, says Eydith Kaufman at Alternative Resolution Centers.

  • Series

    Being An Artist Makes Me A Better Lawyer

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    My work as an artist has highlighted how using creativity and precision together — qualities that are equally essential in both art and law — not only improves outcomes, but also leads to more innovative and thoughtful work, says Sarah La Pearl at Segal McCambridge.

  • Consider The Impact Of Election Stress On Potential Jurors

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    For at least the next few months, potential jurors may be working through anger and distrust stemming from the presidential election, and trial attorneys will need to assess whether those jurors are able to leave their political concerns at the door, says Ken Broda-Bahm at Persuasion Strategies.

  • How Judiciary Can Minimize AI Risks In Secondary Sources

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    Because courts’ standing orders on generative artificial intelligence and other safeguards do not address the risk of hallucinations in secondary source materials, the judiciary should consider enlisting legal publishers and database hosts to protect against AI-generated inaccuracies, say attorneys at Lankler Siffert & Wohl.

  • 3 Steps For Companies To Combat Task Scams

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    On the rise in the U.S., the task scam — when scammers offer a victim a fake work-from-home job — hurts impersonated businesses by tarnishing their name and brand, but companies have a few ways to fight back against these cons, says Chris Wlach at Huge.

  • Perspectives

    Protecting Survivor Privacy In High-Profile Sex Assault Cases

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    Multiple civil lawsuits filed against Sean "Diddy" Combs, with claims ranging from sexual assault and trafficking to violent physical beatings, provide important lessons for attorneys to take proactive measures to protect the survivor's anonymity and privacy, says Andrea Lewis at Searcy Denney.

  • How Attorneys Can Break Free From Career Enmeshment

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    Ambitious attorneys can sometimes experience career enmeshment — when your sense of self-worth becomes unhealthily tangled up in your legal vocation — but taking the time to discover and realign with your core personal values can help you recover your identity, says Janna Koretz at Azimuth Psychological.

  • A Look At Insurance Coverage For Government Investigations

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    Attorneys at Jenner & Block discuss the quirks and potential pitfalls of insurance coverage for government claims and investigations, including those likely to arise from the U.S. Department of Justice's recently announced whistleblower program.

  • Ex-Chicago Politician's Case May Further Curb Fraud Theories

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    The U.S. Supreme Court recently agreed to hear Thompson v. U.S. to determine whether a statement that is misleading but not false still violates federal law, potentially heralding the court’s largest check yet on prosecutors’ expansive fraud theories, with significant implications for sentencing, say attorneys at the Law Offices of Alan Ellis.

  • Lawyers With Disabilities Are Seeking Equity, Not Pity

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    Attorneys living with disabilities face extra challenges — including the need for special accommodations, the fear of stigmatization and the risk of being tokenized — but if given equitable opportunities, they can still rise to the top of their field, says Kate Reder Sheikh, a former attorney and legal recruiter at Major Lindsey & Africa.

  • New Export Control Guidance Raises The Stakes For Banks

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    Recent guidance from the Bureau of Industry and Security alerts banks that they could be liable for facilitating export control violations, the latest example of regulators articulating the expectation that both financial institutions and corporations serve as gatekeepers to mitigate crime and aid enforcement efforts, say attorneys at Freshfields.

  • Opinion

    Judicial Committee Best Venue For Litigation Funding Rules

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    The Advisory Committee on Civil Rules' recent decision to consider developing a rule for litigation funding disclosure is a welcome development, ensuring that the result will be the product of a thorough, inclusive and deliberative process that appropriately balances all interests, says Stewart Ackerly at Statera Capital.

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