White Collar

  • July 1, 2016

    Convicted Ex-Pa. Justice's Sister Loses Federal Appeal

    The sister of disgraced ex-Pennsylvania Supreme Court justice Joan Orie Melvin saw a federal judge on Thursday deny a petition seeking an appeal of her conviction on charges over the use of state employees to conduct campaign-related activity.

  • July 1, 2016

    Russian Doping Whistleblower Ruled Eligible For Olympics

    The international governing body for track and field sports said Friday that Russian runner Yulia Stepanova who has come forward with evidence of widespread doping among Russian athletes has been ruled eligible to compete at this summer’s Olympics as a neutral athlete despite a ban of the Russian team.

  • July 1, 2016

    Japan Must Work Harder Against Foreign Bribery, OECD Says

    The Organisation for Economic Co-operation and Development has said that Japan needs to step up its game in combating international bribery.

  • July 1, 2016

    UK Retailer Fined $50K In Amazon Price-Fixing Row

    A bankrupt U.K.-based retailer on Thursday agreed to plead guilty in California federal court to violating the Sherman Antitrust Act and to pay a $50,000 fine for plotting to fix the price of posters sold on Amazon Marketplace.

  • July 1, 2016

    3 Reasons Brexit Won’t Halt EU Market Abuse Rules

    While the British vote to exit the European Union continues to sow uncertainty in financial markets and elsewhere, experts say firms can still count on one thing — that the U.K. will hold on to new EU regulations on insider trading and market abuse, set to take effect on Sunday, even if it follows through on opting out of the EU itself.

  • June 30, 2016

    NJ Man Gets 70 Months For $65M Russian Export Scheme

    A New Jersey man was sentenced to 70 months in prison Thursday for his role in smuggling more than $65 million worth of licensed electronics from the United States to suppliers of Russian defense contractors in violation of export control laws, U.S. Attorney Paul J. Fishman announced.

  • June 30, 2016

    Political Operative Charged With Bribing Former NY Judge

    Political operative G. Steven Pigeon on Thursday pled not guilty in New York court to charges that he bribed a state judge who one day prior copped to related charges and resigned his judicial post, according to media reports.

  • June 30, 2016

    1st-Ever Convicted 'Spoofer' Asks For Probation

    The first person convicted of the new post-financial-crisis offense of criminal “spoofing” asked a Chicago federal judge Wednesday for a sentence of probation, citing the vagueness of the law at the time and his settlements with regulators. 

  • June 30, 2016

    Google Raided On Suspected Tax Evasion In Spain

    Google Inc.’s offices in Madrid were raided by Spanish tax authorities Thursday morning as part of an investigation into possible tax evasion through the tech company's Irish subsidiary, according to local media reports.

  • June 30, 2016

    Attys Want Out Of SEC Fraud Suit Against 'Stalker' CEO

    Two attorneys accused by the U.S. Securities and Exchange Commission of helping purported "stalker" and private equity CEO Benjamin Wey manipulate shares on Wednesday asked a New York federal judge to dismiss the claims against them, calling the allegations time-barred and weak.

  • June 30, 2016

    Contractor Pleads Not Guilty In Mont. Tribe Corruption Scandal

    A contractor and his construction company have denied federal charges that they bribed an ex-Montana state legislator and a Chippewa Cree Tribe of the Rocky Boy's Indian Reservation official to get $2.5 million in federally funded contracts.

  • June 30, 2016

    Ex-Penn State Coaches Urge 3rd Circ. To Revive Firing Suit

    Two former Penn State University football coaches, including the son of the legendary late head coach Joe Paterno, urged the Third Circuit on Thursday to upend a decision tossing claims that the school had irreparably harmed their reputations by terminating them following the Jerry Sandusky sex abuse scandal.

  • June 30, 2016

    Picard Begins $190M Distribution To Madoff Investors

    The liquidation trustee for Bernard Madoff's failed securities firm on Thursday said he has started to hand out about $190.2 million to investors who fell victim to Madoff’s Ponzi scheme, bringing the total recovery to about $9.47 billion.

  • June 29, 2016

    NY State Judge Pleads Guilty To Taking Bribe

    A New York state judge on Wednesday pleaded guilty in New York court to charges of accepting a bribe from a Buffalo-area political operative and resigned his judicial post, according to media reports.

  • June 29, 2016

    Military Gear Smuggler Gets More Than 2 Years In Prison

    A 26-year-old from China was sentenced to more than two years in prison for smuggling more than 180 export-controlled items, including high-tech U.S. military-grade hardware, to his home country, the U.S. Department of Justice said Wednesday.

  • June 29, 2016

    McDonnell Decision Should Nix Boston Extortion Case: Atty

    The lawyer for a Boston city official who was indicted Tuesday on charges he pressured a concert series to hire unwanted union labor said his client’s involvement starts and ends with attending a meeting, which the U.S. Supreme Court has suggested cannot be a crime in the recent decision overturning Virginia Gov. Bob McDonnell's corruption case.

  • June 29, 2016

    Mining Developer Indicted For $3.3M Investment Fraud Scheme

    A federal grand jury on Tuesday indicted a Missouri-based mining and energy developer who allegedly misappropriated nearly $3.3 million from an investor over a nine-year period and used much of the money for his own personal expenses, prosecutors announced.

  • June 29, 2016

    Obama Taps Public Defender To Sit On DC Superior Court

    President Barack Obama on Wednesday nominated a director with the District of Columbia's Public Defender Service to serve as a D.C. Superior Court judge less than a month after a D.C. Superior Court judge announced plans to work for Holland & Knight LLP.

  • June 29, 2016

    Judge Nixes PG&E Bid To Ax Evidence In Pipeline Blast Trial

    A California federal judge on Wednesday refused a bid by Pacific Gas & Electric Co. to block a swath of evidence from its criminal trial over claims it deliberately mishandled records of a San Bruno pipeline, leading to a deadly 2010 explosion, calling it premature and chastising the utility for seeking to revisit a prior order.

  • June 29, 2016

    2 Real Estate Investors Admit Rigging Foreclosure Auctions

    Two real estate investors have pled guilty to charges that they participated in a scheme to rig public home foreclosure auctions in Georgia, adding to a series of similar admissions by investors in Atlanta-area property, the U.S. Department of Justice said Wednesday.

Expert Analysis

  • Enforcement Outlook For Foreign Banks In New York

    Matthew L. Biben

    Criminal pleas, suspension of dollar clearing, and approximately $6 billion in fines against foreign banks provide just some indication of the New York State Department of Financial Services’ increasingly rigorous enforcement. And there are a variety of indications that the agency will continue some of this approach under new chief Maria Vullo, say attorneys with Debevoise & Plimpton LLP.

  • RFP Lessons: A General Counsel's List Of Law Firm Mistakes

    Dave Sampsell

    All too often, law firm financial proposals are too complicated, making them contingent on a host of different assumptions. This makes determining the value of the proposal extremely difficult, and the odds increase dramatically that the proposal will be disregarded, says Dave Sampsell, general counsel of Digi International Inc.

  • How McDonnell Changes Public Corruption Prosecution

    Henry E. Hockeimer Jr.

    The U.S. Supreme Court's decision in McDonnell represents a continuation of the pullback from unfettered prosecutorial power begun in Skilling relating to “honest services” mail and wire fraud, say Henry Hockeimer and Thomas Burke of Ballard Spahr LLP.

  • NY Should Unify Standards For Atty Fees Against State Agency

    Matthew T. McLaughlin

    Two bills introduced in the recently ended New York legislative session, if adopted into law, will provide government entities and Freedom of Information Law practitioners with the mooring of predictable and consistent outcomes in FOIL proceedings by changing the standard for determining attorneys’ fee awards, say Matthew McLaughlin and Benjamin Argyle of Venable LLP.

  • The DOJ’s Increased Focus On Environmental Criminal Cases

    Barak Cohen

    The U.S. Department of Justice has voiced its commitment to prosecuting more criminal environmental cases. In some instances, this effort may result from more investigations or resources committed to bringing such cases. More startling, though, is that other instances reflect a change in prosecutorial discretion, so that more serious criminal cases may be brought in new contexts, say attorneys at Perkins Coie LLP.

  • How To Manage Your Law School Debt After Graduation

    Andrew Josuweit-headshot.jpg

    Student loan debt can feel overwhelming to new lawyers, especially when just getting started post graduation. Andrew Josuweit, co-founder and CEO of Student Loan Hero Inc., reviews the loan repayment plans available and discusses the best path forward for recent grads shouldering law school debt.

  • World Bank Provides New Insights Into Its Sanctions System

    Dave Nadler

    A recent World Bank report enhances the public’s and practitioners’ understanding of the World Bank’s sanctions process and suggests that the bank may be increasingly interested in settling sanctions cases, say Dave Nadler and Adam Proujansky of Blank Rome LLP.

  • The Cloud And Ethical Considerations For Lawyers

    Bradley S. Shear

    Despite regular news stories detailing the need to update our digital privacy laws and increase our cybersecurity protections, law firms and in-house legal departments should feel confident that utilizing cloud providers with strong privacy and security protections will not breach their ethical obligation to clients, says Bradley Shear of the Law Office of Bradley S. Shear LLC.

  • The Many Uses Of Shell Companies

    Glenn Pomerantz

    Most of the publicity surrounding the Panama Papers has focused on the important role that shell companies have played in the laundering of the proceeds of criminal activity and in tax evasion. Understanding how shell companies can be used to engage in criminal behavior is critical to protecting an organization. Let’s look at some of the most common schemes, say Glenn Pomerantz and Brian Mich of BDO Consulting.

  • How Lawyers Can Harness The Power Of Social Media

    Monica Zent

    It’s important to first decide what your personal brand is. Are you a crusader? A wry observer? A compassionate witness? Your social media presence doesn’t have to reflect the deepest aspects of your identity — it’s merely an image that you project, says Monica Zent, founder and CEO of Foxwordy Inc.