White Collar

  • October 21, 2026

    Guo Trustee Says No Circuit Split Threatens $24M Yacht Win

    A Chapter 11 trustee urged the U.S. Supreme Court on Wednesday to reject a bid by Chinese exile Miles Guo's daughter to undo rulings placing $24 million in yacht sale proceeds plus a $37 million escrow into the bankruptcy estate, disputing allegations that a circuit split warrants the justices' attention.

  • October 21, 2026

    FBI Says Fired Agents Acted In Politicized Manner

    Lawyers for the government argued in a Washington, D.C., federal court Wednesday that an unfair firing suit from two former FBI agents should be tossed because they worked in a politicized manner on the "Arctic Frost" investigation into President Donald Trump's attempts to overturn his 2020 election loss.

  • October 21, 2026

    Crypto Broker Gets 13 Years For Laundering Drug Money

    A Manhattan federal judge hit a Colombian cryptocurrency broker with over 13 years in prison Wednesday after he copped, along with a businessman with ties to the Cartier family, to laundering $14.5 million worth of Tether that facilitated narcotics transactions.

  • October 21, 2026

    Mich. Staffing Biz Owner Cops To $1.7M Tax Fraud Scheme

    A Michigan woman who owned a series of staffing companies pled guilty to conspiring to defraud the U.S. for more than a decade via an employment tax scheme, causing a tax loss to the IRS of roughly $1.7 million, federal prosecutors said.

  • October 21, 2026

    NM Accuses Epstein's Aides Of Enabling Sex Trafficking

    The state of New Mexico and its attorney general sued the co-executors of Jeffrey Epstein's estate Wednesday, claiming the two aides continue to profit off their roles in Epstein's sex trafficking scheme.

  • October 21, 2026

    Texas Senators Face Off To Succeed Paxton In AG Election

    Two Texas state senators running next month to serve as the state's next attorney general have offered voters competing visions to succeed Ken Paxton following his more than decade-long run as the state's top law enforcement officer.

  • October 20, 2026

    11th Circ. Upholds Producer's Financing Scheme Conviction

    The Eleventh Circuit on Tuesday refused to disturb the conviction and sentencing of a producer accused of stealing $68.7 million from film and theater investors and producers, ruling that the producer hasn't shown that the district court made any mistakes.

  • October 20, 2026

    Flagstar Bank Sued Over Nussbaum Escrow Account Fraud

    A purported victim of ex-attorney Michael J. Nussbaum's Ponzi scheme on Monday accused Flagstar Bank NA of helping to facilitate the alleged $149 million escrow account fraud, claiming that the bank long knew about questionable transactions but didn't shut it down.

  • October 20, 2026

    Feds Offer Up-Front Payments For Fraud Whistleblower Tips

    The U.S. Department of Justice on Tuesday announced the creation of a whistleblower incentive program offering up-front monetary awards for tips that lead to criminal fraud charges.

  • October 20, 2026

    Utah Sues Kalshi, Susquehanna For Violating Gambling Ban

    Utah sued Kalshi, its related entities and Susquehanna International Group in state court Tuesday over a "brazen pattern of unlawful conduct" by offering sports event contracts that allegedly violate the state's constitutional ban on gambling, after the Tenth Circuit declined to shield Kalshi from Utah gaming regulators last month.

  • October 20, 2026

    Mich. Pharmacist Tells 6th Circ. Feds Silenced Key Witness

    A Michigan pharmacist serving an eight-year prison sentence for medical fraud is entitled to a new trial, his attorney told a Sixth Circuit panel Tuesday, arguing that a key defense witness in the case was threatened by the government and dissuaded from testifying.

  • October 20, 2026

    TQL Seeks Ax Of Trucking Cos.' RICO Suit Over Lost Bids

    Total Quality Logistics LLC has asked a Texas federal judge to reject a Racketeer Influenced and Corrupt Organizations Act lawsuit from family-owned trucking companies accusing it of steering long-haul shipments to illegal "fly-by-night" or "chameleon" carriers and muscling out legitimate trucking companies.

  • October 20, 2026

    Atty Used Legal Cred To Prop Up Ponzi Schemes, DOJ Says

    A Florida attorney was arrested Tuesday on charges of using his legal bona fides to help run two Ponzi schemes that swindled investors out of nearly $2 million, according to the U.S. Department of Justice.

  • October 20, 2026

    Conn. Man Admits To Gambling Away Crypto Investors' Money

    A Connecticut man has pled guilty to multiple federal criminal charges that he scammed cryptocurrency investors and gambled away more than $1.1 million of their money, court records show.

  • October 20, 2026

    Ill. Lab Owner Charged Over $66M COVID-19 Test Fraud

    An Illinois laboratory executive has been charged with orchestrating a $66 million COVID-19 testing fraud scheme, allegedly fabricating negative results and billing a federal program for approximately 380,000 tests that were never performed.

  • October 20, 2026

    London Stock Exchange Can't Nix MayStreet Suit, Judge Says

    The Delaware Chancery Court has refused to toss a suit accusing the London Stock Exchange Group PLC and a few of its subsidiaries of luring MayStreet Inc.'s co-founder and former CEO into selling the company with false promises of growth and then failing to honor post-closing obligations under the merger contract.

  • October 20, 2026

    New Rule On Invoking Defendant's Past Convictions Hits Snag

    A yearslong effort to make it harder for prosecutors to invoke a criminal defendant's past convictions appeared to be gaining traction — until the senior executive arm of the Judicial Conference recently intervened and the U.S. Department of Justice abruptly withdrew its support for the proposal.

  • October 20, 2026

    Ex-NOLA Injury Atty Gets 32 Months For Staging Crashes

    A former New Orleans personal injury attorney has been sentenced to 32 months in prison for his role in a scheme to fake vehicle accidents with tractor trailers and other commercial vehicles so he could pursue lawsuits and extract settlements.

  • October 19, 2026

    Ex-OpenAI Engineer Must Stay In Custody In Recording Case

    The former OpenAI product team engineer accused of hiding a secret recording device in an executive conference room has been ordered to stay behind bars after prosecutors argued he has "considerable resources and ties to Saudi Arabia," according to news reports and the government's motion for detention.

  • October 19, 2026

    Justices Asked To Resolve Nonsignatory Arbitration Split

    A trading firm is urging the U.S. Supreme Court to finally resolve whether an arbitrator or a court should decide the proper venue for a dispute involving a nonsignatory to an arbitration agreement, as it fights a Seventh Circuit opinion keeping a putative securities class action in court.

  • October 19, 2026

    Trump Fights Jack Smith Subpoena In $10B BBC Suit

    President Donald Trump on Monday slammed the British Broadcasting Corp.'s subpoena to Jack Smith, who brought election interference and classified document-hoarding charges against the president, saying the former special counsel's testimony is "entirely irrelevant" to the $10 billion defamation lawsuit over the broadcaster's documentary on the 2021 U.S. Capital attack.

  • October 19, 2026

    Justices Urged To Hear Case Targeting FINRA Enforcement

    The U.S. Supreme Court has been asked to hear a case challenging the ability of the Financial Industry Regulatory Authority to impose fines through an in-house disciplinary procedure with a broker who was penalized by the regulator, telling the justices that it was "futile" to first bring his constitutional arguments before the U.S. Securities and Exchange Commission.

  • October 19, 2026

    NBA Ushers In A 'Risk-Aversion' Sports Betting Era

    More than a decade after the NBA clamored to legalize sports betting, the league opens its new season with an edict to restrict bets placed on its games, reflecting the pressure of a raft of recent gambling scandals.

  • October 19, 2026

    Accused In $91M Health Plan Scam Asks To Halt FTC Suit

    A woman accused of running a $91 million fraudulent health benefits scheme with her brother urged a Florida federal court on Monday to pause the Federal Trade Commission's lawsuit against her if related criminal charges proceed in court. 

  • October 19, 2026

    Prior 5th Amendment Pleadings Complicate Mylan Testimony

    Mylan can use deposition testimony from one current and one former executive in next year's price-fixing trial, a Connecticut federal judge ruled Friday, but state attorneys general can bring up the company "pulling the strings" in the witnesses' decision to testify after originally invoking the Fifth Amendment.

Expert Analysis

  • Understanding Risks Of Employees' AI-Drafted Complaints

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    As employees increasingly use generative artificial intelligence to draft complaints about workplace misconduct, investigators must adapt their practices so that the process remains fair, thorough and grounded in fact, says Rebecca Foxwell at Bracewell.

  • Prediction Market Case Tests Novel Insider Trading Theory

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    The government's argument in its case against a soldier accused of using classified information to bet on Venezuelan President Nicolás Maduro's capture would represent a sea change in how insider trading wire fraud has been prosecuted for decades, says Alex Blanchard at Holland & Knight.

  • Abbott FCA Deal Shows Enforcement Adequacy Quandaries

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    Abbott Laboratories’ recent False Claims Act resolution illustrates several tricky questions that both prosecutors and defense counsel must address when weighing whether a civil enforcement action alone adequately addresses allegedly wrongful conduct, says James Koukios at MoFo.

  • Opinion

    Clancy Trial Shows Need For Juror Anonymity Reforms

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    Doxing of the holdout juror in the Lindsay Clancy murder mistrial in Massachusetts illustrates the increasing need to provide jurors with greater protection once service ends in high-profile cases, balancing concerns about transparency and independence, says Daniel Schneider at Offit Kurman.

  • How Wells Notice Ruling Signals Future Of SEC Enforcement

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    The U.S. Securities and Exchange Commission's recent opinion in a Financial Industry Regulatory Authority disciplinary proceeding is, on its face, a decision about the scope of FINRA's power, but it also illustrates how the SEC expects its own enforcement program to operate, say attorneys at Fridman Fels.

  • NY Art Ruling Creates Fault Line In Cultural Property Cases

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    A recent New York state appellate decision, blocking a Holocaust victim’s heirs from using a criminal turnover order to reclaim a work the Art Institute of Chicago says it acquired legally, makes establishing ownership a newly central question in cultural property disputes, says Duncan Levin at Levin & Associates.

  • Texas Medicaid Fraud Decision Leaves 2 Open Questions

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    The Texas Supreme Court's decision in Laboratory Corp. of America Holdings v. Texas and NPT Associates, holding that the Texas Medicaid Fraud Prevention Act's omissions provision requires proof of materiality, creates ambiguity about the materiality requirement and about how Texas courts will treat federal precedent going forward, say attorneys at Sidley.

  • FinCEN Exemption Raises Statutory, Administrative Questions

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    The Financial Crimes Enforcement Network's recently rolled-out broad exemption for U.S. companies from Corporate Transparency Act reporting may face administrative law and statutory challenges, so businesses should still preserve ownership records and monitor litigation and congressional action, says David McCarville at Fennemore.

  • Opinion

    CFTC's New Award Policy Punishes Whistleblower Success

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    The U.S. Commodity Futures Trading Commission recently capped four whistleblower awards because it considered them too large, arguing that it could lead to frivolous reporting, but the move instead penalizes the program for its own success and flies in the face of the framework enacted by Congress, say attorneys at Whistleblower Partners.

  • Testing AI's Promise For Large-Scale Document Review

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    Our document-review comparison of attorneys' responsiveness and issue coding decisions versus predictions generated by artificial intelligence across 1,600 documents suggests that these tools can offer a reasonable and reliable basis for improved discovery workflows, provided lawyers understand where guardrails are needed, say attorneys at Redgrave.

  • AI Meeting Recaps Pose New Discovery And Privilege Risks

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    The New York City Bar Association’s recent ethics opinion, cautioning attorneys not to record nonclient conversations with artificial intelligence tools, reflects an emerging view that AI meeting recaps are now a distinct business record category, meaning counsel should set meeting-level controls and apply framework-level updates, says William Wright at Faegre Drinker.

  • What Comes Next For Digital Asset Regs After Clarity Act Flop

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    After the U.S. Senate recently blocked the Digital Asset Market Clarity Act, agency rulemaking could still offer a near-term remedy, and companies meanwhile should monitor the existing framework assembled from enforcement precedent and case law in the absence of a purpose-built statute, say attorneys at Ropes & Gray.

  • $95M Nev. Case Provides Clues On Wound Care Enforcement

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    Federal prosecutors’ recent U.S. v. Dubin indictment, charging a Nevada physician with healthcare fraud over an alleged $95 million Medicare billing scheme involving amniotic wound allografts, provides a clearer picture of an increasingly data-driven enforcement strategy that follows the entire wound care transaction, say attorneys at Bass Berry.

  • DOJ Fraud Memo Highlights Trade Enforcement Playbook

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    A recent U.S. Department of Justice memo that outlines the Fraud Enforcement Division's priorities demonstrates that customs and trade fraud enforcement has entered a new and far more aggressive phase, with recent cases highlighting how the False Claims act is driving the new push, say attorneys at Foley & Lardner.

  • UBS Settlement Shows Cost Of Delayed AML Fixes

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    A recent Financial Crimes Enforcement Network settlement with UBS over failure to implement anti-money laundering remediation shows that regulators value prompt fixes and remain focused on the role of financial institutions in facilitating narcotics trafficking and cartel activity, say attorneys at Miller & Chevalier.

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