White Collar

  • November 25, 2015

    Ex-DHB CEO Pushes Court To Halt $20M Loan In Ch. 11 Plan

    The jailed ex-CEO of military body armor maker DHB Industries Inc. on Wednesday asked the Delaware bankruptcy court to halt a $20 million loan from disputed escrowed litigation funds until his several appeals in the Chapter 11 case are resolved, arguing that otherwise his claim to the money could be sunk.

  • November 25, 2015

    4 Times Juror Drama Rocked Trials

    A juror in the trial of former New York State Assembly Speaker Sheldon Silver raised eyebrows when she asked to be excused just two hours into deliberations, citing discomfort and stress. But it certainly wasn't the first time that discussions in the jury room became dramatic. Here, Law360 looks at four times the actions of jurors threatened to overshadow trials.

  • November 25, 2015

    Gov't Denies 'Document Dump' In Bridge Scandal Case

    The government argued Tuesday that it has met its discovery obligations in the criminal case against former New Jersey and Port Authority officials allegedly responsible for cutting access lanes to the George Washington Bridge, denying that it has hobbled the defense with a “document dump.”

  • November 25, 2015

    Bio-Rad Will Ask 9th Circ. To Nix Whistleblower GC’s Claims

    Bio-Rad Laboratories Inc. is planning to ask the Ninth Circuit to immediately review a California federal court’s recent refusal to toss claims in its former general counsel’s whistleblower suit alleging he was fired after reporting that company leadership potentially engaged in overseas bribery.

  • November 25, 2015

    Justices Must Fix Circuit Split On Tribal Convictions, US Says

    The U.S. Department of Justice has urged the U.S. Supreme Court to reconsider a Ninth Circuit decision that tossed a Native American man’s domestic assault indictment, saying a circuit split over the use of tribal court convictions in federal prosecutions of repeat domestic violence offenders won't be resolved without the high court's intervention.

  • November 25, 2015

    2nd Circ. Affirms 10-Year Sentence For NY Ponzi Schemer

    A Second Circuit panel on Wednesday affirmed a 121-month prison sentence handed down to a New York broker-dealer who pled guilty in 2011 to running a Ponzi scheme to finance his real estate investments, saying the district court was right to count spouses as separate victims.

  • November 25, 2015

    Ex-Race Car Driver Seeks Retrial After $30M Fraud Conviction

    A former race car driver convicted in connection with a scheme that took millions of dollars from Long Island businessmen and professional athletes asked a New York federal judge on Monday for a judgment of acquittal and a new trial, citing insufficient evidence and jury confusion.

  • November 25, 2015

    Wal-Mart Slams Class Cert. Bid In Mexico Bribery Suit

    Wal-Mart Stores Inc. urged an Arkansas federal judge Tuesday not to certify a class of investors in a shareholder suit claiming it concealed the extent of the company’s possible bribery of Mexican officials.

  • November 25, 2015

    Herbalife KOs Pyramid Scheme Suit In Latest Round

    A California federal judge permanently dismissed a securities class action against supplement company Herbalife on Tuesday after finding that multiple opportunities to amend didn't get investors any closer to plausibility on their allegations that the company lied when it denied being a pyramid scheme.

  • November 25, 2015

    White Collar MVP: Sidley Austin's Mark Hopson

    Mark D. Hopson’s work on behalf Bayer this year helped vanquish a suit brought by the Federal Trade Commission accusing the chemical and pharmaceutical company of making false claims about its line of probiotics, earning the Sidley Austin LLP partner a spot on Law360’s White Collar MVPs for 2015.

  • November 25, 2015

    Pa. AG Says Special Prosecutors Will Probe Porn Emails

    Pennsylvania's attorney general said Wednesday she would appoint a team of special prosecutors to probe whether a chain of pornographic and other offensive emails swapped by government officials including a sitting state Supreme Court justice violated any criminal, civil or ethics laws in the state.

  • November 25, 2015

    NJ Atty Convicted In Mortgage Fraud Disbarred

    A New Jersey real estate attorney who admitted to his role in a $400,000 mortgage fraud scheme has voluntarily surrendered his license to practice in the Garden State, according to the Disciplinary Review Board of the Supreme Court.

  • November 25, 2015

    Feds Seek Leniency For SAC Insider Trading Informant

    New York federal prosecutors urged a judge on Wednesday to dole out a lenient insider trading sentence to a former SAC analyst, touting his “exemplary” cooperation in a wide-ranging investigation of the hedge fund industry.

  • November 25, 2015

    Pa. High Court Won't Reinstate Atty Disbarred Over Fraud

    The Pennsylvania Supreme Court has refused to reinstate the license of a personal injury attorney who was disbarred following convictions on tax and health care fraud charges.

  • November 25, 2015

    Decision On Dewey Retrial Coming Soon, SEC Says

    The Manhattan District Attorney’s office will soon decide whether or not to retry the former top executives of Dewey & LeBoeuf LLP on charges of conning lenders and investors into backing the troubled law firm, the U.S. Securities and Exchange Commission said Wednesday.

  • November 25, 2015

    Ex-Goldman Compliance Aide Accused Of Insider Trading

    A former Goldman Sachs compliance staffer who helped the bank develop software to spot insider trading has been accused of the illegal act himself, with the U.S. Securities and Exchange Commission saying he stole confidential information about deals Goldman was working on and then traded on it.

  • November 25, 2015

    SEC Won't Ban Steinberg After Insider Trading Reversal

    The U.S. Securities and Exchange Commission has agreed to drop its plans to bar former SAC Capital Advisors LP portfolio manager Michael Steinberg from the securities industry after his criminal conviction for insider trading was vacated last month.

  • November 25, 2015

    Convicted Ex-BNY Employee Settles SEC Insider Trading Case

    A former Bank of New York Mellon manager who was sentenced to six months in prison for trading on illegal stock tips from a Merck analyst has reached an undisclosed settlement with the U.S. Securities and Exchange Commission in a related civil case, lawyers for the agency said Wednesday.

  • November 25, 2015

    Sandusky Seeks Report On Potential Grand Jury Leaks

    Former Pennsylvania State University assistant football coach and convicted sexual predator Jerry Sandusky petitioned Tuesday to gain access to a special report over potential leaks from the grand jury tasked with investigating him prior to his indictment, saying he believes the sanctity of the grand jury process was breached.

  • November 25, 2015

    Ex-Official Pleads Not Guilty In Alleged NJ Bid Rig Scheme

    A onetime official with a Union City, New Jersey, urban improvement agency pled not guilty to federal charges Tuesday after an October indictment accusing the 64-year-old of taking part in a scheme to rig competition for local housing rehabilitation and sidewalk replacement projects, according to court records.

Expert Analysis

  • OPINION: In Search Of Our Best Law Firm Selves

    James Maiwurm.jpg

    Several developments over the past few months caught the eye of Jim Maiwurm, chairman emeritus of Squire Patton Boggs. Try as he might, he could not resist the temptation to comment on a few — such as the expansion of the Dentons “polycentric” empire, a confused verein controversy, and provocative suggestions that the law firm partnership model is a dinosaur.

  • Paris Attacks Underscore Debate In Apple Warrant Case

    Susan Feibus

    Just a few weeks ago, the Obama administration said it would not seek statutory authority to compel tech companies to provide the keys to encrypted communications. But following the Paris attacks the issue is again front and center. Judicially, the debate also continues as a federal magistrate judge in New York weighs a government request for Apple Inc. to unlock an iPhone. Nixon Peabody partner Susan Feibus recaps the debate.

  • New Federal Rules Acknowledge It’s Time To Drop The 'E'

    Gregory Leighton

    The amendments to the Federal Rules of Civil Procedure scheduled to take effect Dec. 1 are designed to usher in a new era in the U.S. litigation system, this time acknowledging that what was once known as “e-discovery” is now just discovery. The amendments are sweeping in scope, but none is more important than the revised Rule 37(e), say Gregory Leighton and Eric Choi of Neal Gerber & Eisenberg LLP.

  • FinCEN Expands Data Collection Geography Beyond Banking

    Heather A. Kabele

    Over the last 15 months the U.S. Treasury’s Financial Crimes Enforcement Network has issued five geographic targeting orders aimed at data collection that reach beyond the traditional banking sector into the armored car, common carrier and fashion sectors, says Heather Kabele at Vorys Sater Seymour and Pease LLP.

  • Yates Memo May Help Gov't Get Foreign-Based Evidence

    Daniel Prince

    The process for obtaining foreign-based evidence that is outside the scope of a federal grand jury subpoena may become less complicated to the extent prosecutors condition cooperation credit under the Yates memorandum on the production of information that is housed overseas, including, for example, by a foreign affiliate, say attorneys with Paul Hastings LLP.

  • Is The Risk Of Director Liability Really A 'Myth'?

    Michael W. Peregrine

    The conclusions of a recent scholarly article, “Seven Myths of Boards of Directors,” questioning the realistic financial liability exposure of corporate directors are persuasive and may offer comfort to many board members. But the data on which the authors rely is based on out-of-pocket payments in civil litigation. And the universe of risks confronting directors is increasingly from more diverse sources, says Michael Peregrine of ... (continued)

  • 3 Ways Technology Is Changing Law Office Designs


    A growing number of attorneys and firms are eschewing tradition by embracing technology to change not only the way we work, but also the way we organize our offices, says Anthony Johnson, founder and CEO of American Injury Attorney Group.

  • 13 Key Business Objectives For Corporate Legal Departments

    Joe Kanka

    Over the past 35 years, Joe Kanka has experienced the corporate legal department from many angles, including management positions at a major law firm litigation support center, two legal staffing companies, and inside AT&T and Bell Atlantic. Here, he shares his 13 key business objectives that corporate legal departments must strive for in today’s business environment.

  • A Little-Known Powerful Tool To Fight Calif. Insurance Fraud

    Shawn Hanson

    There is little case law interpreting the California Insurance Frauds Prevention Act, but several rulings issued over the last 18 months have confirmed the statute’s expansive reach and potential for significant recoveries, say Shawn Hanson and Maria Ellinikos at Akin Gump Strauss Hauer & Feld LLP.

  • HIPAA Lessons From The Warner Chilcott Settlement

    Ellen L. Janos

    Now that the government has brought criminal charges under the Health Insurance Portability and Accountability Act against Warner Chilcott employees as well as a physician practice owner for alleged unlawful access to, and disclosure of, patient medical records, providers and vendors should re-examine their existing HIPAA policies, says Ellen Janos of Mintz Levin Cohn Ferris Glovsky and Popeo PC.