White Collar

  • October 21, 2016

    Ex-Christie Aide Denies Ordering GWB Revenge Scheme

    A former aide to New Jersey Gov. Chris Christie on Friday denied sending an email to order the closure of lanes to the George Washington Bridge as an act of political retaliation, saying her message was meant to convey that Christie had approved what she believed to be a traffic study.

  • October 21, 2016

    Ex-Calif. Senator Gets 3.5 Years In Bribery Scheme

    A former California state senator has been sentenced to three-and-a-half years in federal prison after he pled guilty to a federal corruption charge over his acceptance of $150,000 in bribes, the U.S. Department of Justice said Friday.

  • October 21, 2016

    Ex-US Tax Judge Pleads Guilty In 10-Year Tax Cheat Scheme

    Former U.S. Tax Court Judge Diane L. Kroupa pled guilty in Minnesota federal court on Friday to conspiring with her husband to cheat on their taxes during a 10-year stretch, including understating their taxable income by $1 million, federal officials said.

  • October 21, 2016

    NC Judge Found Guilty Of Bribery, Renews Acquittal Motion

    A North Carolina Superior Court judge was found guilty on three corruption charges by a federal jury on Friday after he was accused of bribing an FBI official in exchange for his wife’s private messages, though court records show the judge immediately sought acquittal.

  • October 21, 2016

    Russian Indicted For Hacking LinkedIn, Dropbox, Others

    A Russian man stands accused of hacking into computers belonging to San Francisco-based tech companies LinkedIn Corp., Dropbox Inc. and Formspring Inc. and stealing information and user credentials, federal prosecutors announced Friday.

  • October 21, 2016

    SEC Tries Again With New Fraud Complaint Against Texas AG

    The U.S. Securities and Exchange Commission on Friday lodged an amended complaint against Texas Attorney General Ken Paxton over stock sales referrals, signaling the agency’s refusal to drop the case despite a Texas federal judge’s conditional dismissal two weeks ago.

  • October 21, 2016

    TD Ameritrade Ditches Securities Suit At 11th Circ.

    The Eleventh Circuit on Friday nixed a securities suit alleging TD Ameritrade Inc. aided in a Ponzi scheme perpetrated by a convicted fraudster, upholding a lower court’s ruling that TD’s role as the custodian of transactions was not enough to allege it knew of, controlled or materially aided the fraud.

  • October 21, 2016

    HSBC Hong Kong Wins Bid To Exit Calif. Ponzi Scheme Suit

    A California federal judge on Friday allowed HSBC Hong Kong to exit a proposed class action in which victims of a Ponzi scheme alleged the bank aided the fraud by holding deposits linked to the scheme, saying the court has no personal jurisdiction over the bank.

  • October 21, 2016

    Fla. Pharmacy Owner To Settle Tricare Fraud Charges For $4M

    The part owner of a Florida pharmacy has agreed to pay $4.25 million to settle prosecutors' claims he knowingly billed certain federal health care programs for services that were not eligible for reimbursement.

  • October 21, 2016

    Ex-IRS Special Agent Charged With Filing False Tax Returns

    A former Internal Revenue Service special agent was indicted by a federal grand jury in Sacramento on Thursday on charges she filed false tax returns from 2009 to 2011 for herself and her family, made false statements to the Treasury Department and tried to obstruct a federal investigation into her alleged fraud.

  • October 21, 2016

    Mass. Man To Cop To $1B Pyramid Scheme Ahead Of Trial

    One of the co-founders of TelexFree Inc. who allegedly ran a $1 billion pyramid scheme targeting Brazilian and Dominican immigrants, has agreed to plead guilty on the day before jury selection in his trial was set to begin, prosecutors said on Friday.

  • October 21, 2016

    SunEdison Creditors Sue Lenders, Accuse Company Of Fraud

    SunEdison creditors on Thursday sued the energy giant’s bank lenders and other financiers in New York to recover at least $200 million they allege was used to mask the company’s deteriorating finances and improprieties months before filing for bankruptcy.

  • October 21, 2016

    Ex-Army Officer Can't Nix Guilty Plea At 10th Circ.

    The Tenth Circuit on Friday refused to toss the guilty plea of a former U.S. Army officer in an alleged bribery scheme to win $54 million in government contracts in Afghanistan, calling it "a clear case of buyer’s remorse.”

  • October 21, 2016

    Nigerian Man Pleads Guilty In $1.5M DOD Contracting Scheme

    A man from Lagos, Nigeria, pled guilty in Virginia federal court on Friday to charges that he impersonated U.S. Department of Defense officials in order to defraud government contractors out of $1.5 million.

  • October 21, 2016

    Dewey Star Cooperator's Deal Sweetened Before 2nd Trial

    The Manhattan District Attorney’s Office has agreed to allow the star cooperating witness in the Dewey & LeBoeuf LLP criminal trial to drop his guilty plea to grand larceny and cop to a lesser charge ahead of the coming retrial of the firm’s former executive director and chief financial officer.

  • October 21, 2016

    Man Tipped By KPMG Partner Pays $171K To End SEC Claims

    A man who the U.S. Securities and Exchange Commission says profited off three public transactions after a KPMG LLP partner tipped him off has agreed to pay $171,000 to end insider trading claims against him, according to a consent judgment filed Friday in Georgia federal court.

  • October 21, 2016

    Justices Asked To Revisit Basic Evidence, Sentencing Rights

    A former accounting executive is urging the U.S. Supreme Court to review the standard for when defense attorneys can subpoena evidence from third parties along with how courts calculate fraud losses, two questions he said have “recurring and exceptional importance” to white collar practice.

  • October 21, 2016

    BHP Billiton Workers Accused Of Homicide In Brazil Disaster

    Federal prosecutors in Brazil on Thursday announced that 21 people, including employees of Samarco Mineração SA and its owners BHP Billiton and Vale SA, were charged with homicide in connection with the 2015 dam collapse that killed 19 people and devastated the countryside.

  • October 21, 2016

    Convicted Spoofer Tells 7th Circ. His Trades Were Legit

    The first trader convicted of “spoofing” the futures market again urged the Seventh Circuit to reverse the decision that put him away Thursday, saying all his allegedly fake orders could have gone through, as shown by the several thousand that he claims did.

  • October 21, 2016

    Texas Couple Pleads Guilty To 'Enslaving' Nigerian Nanny

    A Texas couple has pled guilty to effectively “enslaving” a Nigerian woman who served as their maid and nanny for two years without compensation and under a barrage of constant threats, according to federal authorities.

Expert Analysis

  • When Your Client Is The President


    I went to the law books, where I discovered the crime of “obstruction of justice,” and realized I was right in the middle of a criminal conspiracy. I didn't fully understand my conduct during Watergate until — decades later — I learned about the psychology of cover-up at work, says John Dean, who served as White House counsel for President Richard Nixon.

  • The Evolving Deposition

    Reuben A. Guttman

    In an age of email and video recording of unedited, real-time events, the significance of depositions may be, to some degree, becoming moot, say attorneys with Guttman Buschner & Brooks PLLC and Quinn Emanuel Urquhart & Sullivan LLP.

  • Trial Pros’ Secret To Courtroom Success

     Jamin S. Soderstrom

    Somewhat surprisingly, very few of the dozens of "trial pros" who have been interviewed by Law360 have revealed the secret to effective trial preparation that is vital to their success. But ultimately, the “secret” to effective trial preparation is not actually a secret, says Jamin Soderstrom of Soderstrom Law PC.

  • Prosecuted For Truthful Off-Label Promotion: Part 2

    Eric Alexander

    According to the government's recent argument in U.S. v. Facteau, a completely accurate and enlightening statement about the risks, benefits and off-label nature of a particular use for a medical device proposed by a physician can be evidence of the device maker's intent to market it for a use different than what the U.S. Food and Drug Administration cleared, says Eric L. Alexander of Reed Smith LLP.

  • SEC Is Misguided On Disgorgement From Portfolio Managers

    Paul Monnin

    The U.S. Securities and Exchange Commission has aggressively stepped up its efforts to prosecute insider trading by institutional portfolio managers in the funds that they manage, with an insistence on broad disgorgement and civil penalty calculations. But recent decisions — resting on a strong precedential foundation — call the SEC's strategy into question, say Paul Monnin and Sam Puathasnanon of Paul Hastings LLP.

  • Are Your Witnesses Watered Down?


    Look at any deposition of any witness and within a few moments you will see them reach for the water glass, bottle, carafe or pitcher and quaff with seemingly unquenchable thirst. What could possibly be wrong with that? As a trial consultant for over three decades, I am going to tell you, says Dr. Ross Laguzza of R&D Strategic Solutions LLC.

  • 1 Year After Yates Memo: The DOJ's Yates-Lite Approach

    Joan E. Meyer

    There have been no major signs of a Yates memo impact on large multijurisdictional cases. But the U.S. Department of Justice has issued significant settlements in the last year and presumably has the information included in those agreements to initiate individual prosecutions. So why haven’t we seen a significant increase? asks Joan Meyer of Baker & McKenzie LLP.

  • Preparing For Changes To Federal Appellate Rules

    Matthew J. Dowd

    On Dec. 1, 2016, several important amendments to the Federal Rules of Appellate Procedure take effect. The most impactful amendment is the shortening of the permissible length of appellate briefs, which will affect many appeals and will have a particularly significant impact on complex appeals such as patent cases, says Matthew Dowd of Dowd PLLC.

  • Prosecuted For Truthful Off-Label Promotion: Part 1

    Eric Alexander

    The interplay between off-label use of drugs and medical devices, manufacturer statements about such off-label use, the First Amendment, and U.S. Food and Drug Administration enforcement creates a complex legal landscape. Eric Alexander of Reed Smith LLP examines two criminal prosecutions involving off-label promotion allegations, each of which has now been tried to a jury verdict.

  • OPINION: If At First You Can't Regulate, Try, Try And Try Again

    William Byrnes

    You'd think the government agency responsible for protecting the integrity of the U.S. financial system would take a do-over of its decisions seriously. But for the Financial Crimes Enforcement Network, it's never too late to squander a second chance to fumble through new regulation that is short on relevant facts and long on compromised accusations, says William Byrnes of Texas A&M University School of Law.