http://www.law360.com/whitecollar Latest articles for: White Collar Copyright 2012 Portfolio Media, Inc. en-US Wed, 22 Feb 2012 20:10:28 +0000 http://www.law360.com/whitecollar/articles/312304 http://www.law360.com/whitecollar/articles/312304 A federal grand jury in Kentucky on Wednesday indicted Manalapan Mining Co. for allegedly failing to maintain safety standards in a coal mine whose roof collapsed and killed a miner last year. Wed, 22 Feb 2012 18:52:33 +0000 http://www.law360.com/whitecollar/articles/312274 http://www.law360.com/whitecollar/articles/312274 Robert Allen Stanford receiver Ralph S. Janvey hit two Louisiana law firms with a lawsuit last week alleging they helped the Ponzi schemer fraudulently obtain state approval for one of his companies, referred clients in exchange for benefits and misappropriated more than $1.8 billion. Wed, 22 Feb 2012 18:38:01 +0000 http://www.law360.com/whitecollar/articles/312210 http://www.law360.com/whitecollar/articles/312210 Prosecutors on Tuesday scoffed at a bid by Taiwanese company Eagle Eyes Traffic Industrial Co. Ltd. and others to nix allegations they had conspired to fix prices for replacement vehicle lights, saying the auto part makers fundamentally misunderstood the Sherman Act. Wed, 22 Feb 2012 18:36:46 +0000 http://www.law360.com/whitecollar/articles/312217 http://www.law360.com/whitecollar/articles/312217 An Illinois federal judge sentenced the wife of a former U.S. Army National Guard major to probation and home detention Wednesday for concealing cash that her husband, previously sentenced to five years in prison, received through a government contracts bribery scheme in Afghanistan. Wed, 22 Feb 2012 17:29:21 +0000 http://www.law360.com/whitecollar/articles/312218 http://www.law360.com/whitecollar/articles/312218 The Public Warehousing Co. asked a Georgia federal court Tuesday to dismiss criminal charges that it overbilled the U.S. on a multibillion-dollar defense contract, accusing prosecutors of misconduct including pressuring officials to change their positive evaluations of the Kuwaiti contractor. Wed, 22 Feb 2012 16:22:55 +0000 http://www.law360.com/whitecollar/articles/312167 http://www.law360.com/whitecollar/articles/312167 Former Goldman Sachs Group Inc. director Rajat Gupta sought to dismiss one of the six securities fraud counts against him Tuesday, arguing prosecutors had neglected to identify the specific trades he allegedly influenced by sharing inside information with imprisoned Galleon Group founder Raj Rajaratnam. Wed, 22 Feb 2012 16:16:01 +0000 http://www.law360.com/whitecollar/articles/311930 http://www.law360.com/whitecollar/articles/311930 A former executive for one-time Halliburton Co. subsidiary KBR Inc. was sentenced Wednesday in Texas federal court to one year of unsupervised probation and a $20,000 fine for his part in a scheme to bribe Nigerian government officials for natural gas contracts. Wed, 22 Feb 2012 16:08:21 +0000 http://www.law360.com/whitecollar/articles/311846 http://www.law360.com/whitecollar/articles/311846 Kim Dotcom, the infamous founder of file-sharing and alleged piracy site Megaupload.com, was granted bail Wednesday by a New Zealand district court, as he continues to await extradition proceedings that could land him in a U.S. courtroom. Wed, 22 Feb 2012 15:51:58 +0000 http://www.law360.com/whitecollar/articles/312065 http://www.law360.com/whitecollar/articles/312065 A former New York Mets clubhouse manager has pled guilty to criminal possession of nearly $2.3 million worth of memorabilia, including autographed jerseys, bats and baseballs, belonging to the team and to tax evasion, prosecutors said Tuesday. Wed, 22 Feb 2012 15:27:38 +0000 http://www.law360.com/whitecollar/articles/312063 http://www.law360.com/whitecollar/articles/312063 The Second Circuit on Wednesday amended its partial dismissal of a McKinsey & Co. consultant's conviction for violating the U.S. embargo of Iran, saying it should have sent the counts it dismissed back to the trial court rather than toss them outright. Wed, 22 Feb 2012 14:49:51 +0000 http://www.law360.com/whitecollar/articles/312022 http://www.law360.com/whitecollar/articles/312022 A New York state judge on Wednesday threw out fraud claims brought by a charity accusing an accounting firm and a hedge fund director of helping convicted North Hills Management LLC hedge fund boss Mark Bloom work a $9.75 million criminal tax shelter scheme. Wed, 22 Feb 2012 11:54:01 +0000 http://www.law360.com/whitecollar/articles/311980 http://www.law360.com/whitecollar/articles/311980 Federal prosecutors charged a second Massey Energy Co. mine boss Wednesday with obstructing an investigation into poor safety conditions at the infamous Upper Big Branch mine in West Virginia, where an explosion in 2010 killed 29 miners. Tue, 21 Feb 2012 22:53:14 +0000 http://www.law360.com/whitecollar/articles/311873 http://www.law360.com/whitecollar/articles/311873 CBM Capital LLC on Tuesday opposed a $70 million settlement between Gibraltar Private Bank & Trust and bankruptcy trustees over Gibraltar's alleged involvement in a $1.2 billion Ponzi scheme perpetrated by former attorney Scott Rothstein. Tue, 21 Feb 2012 21:32:18 +0000 http://www.law360.com/whitecollar/articles/311826 http://www.law360.com/whitecollar/articles/311826 A New York federal judge on Tuesday tossed racketeering claims against UniCredit SpA and an affiliate in a $59 billion suit lodged by Bernard L. Madoff's bankruptcy trustee, ruling that they had been insufficiently pled. Tue, 21 Feb 2012 17:58:43 +0000 http://www.law360.com/whitecollar/articles/311486 http://www.law360.com/whitecollar/articles/311486 Plaintiffs in one of six lawsuits claiming Proskauer Rose LLP protected accused Ponzi schemer Robert Allen Stanford's bank protested a motion to stay the suit Monday, calling it a ploy to prevent the court from remanding the suit before the Judicial Panel on Multidistrict Litigation reaches a decision. Tue, 21 Feb 2012 17:51:57 +0000 http://www.law360.com/whitecollar/articles/311626 http://www.law360.com/whitecollar/articles/311626 The U.S. Chamber of Commerce and 33 other business organizations on Tuesday sent a letter to the federal government seeking explanations of various provisions of the Foreign Corrupt Practices Act, saying a lack of clarity is bad for business. Tue, 21 Feb 2012 15:13:40 +0000 http://www.law360.com/whitecollar/articles/311418 http://www.law360.com/whitecollar/articles/311418 Reed Smith LLP has lured to its New York office a former federal prosecutor with experience in high-profile insider trading cases like that of ex-FrontPoint Partners LLC portfolio manager Joseph “Chip” Skowron III, the firm said Tuesday. Tue, 21 Feb 2012 14:34:15 +0000 http://www.law360.com/whitecollar/articles/311404 http://www.law360.com/whitecollar/articles/311404 The U.S. Supreme Court told the Seventh and Ninth circuits on Tuesday to reconsider findings that authorities acted constitutionally when they tracked a suspected criminal's vehicle using GPS technology, considering the high court's recent decision to the contrary in a similar case. Tue, 21 Feb 2012 13:33:08 +0000 http://www.law360.com/whitecollar/articles/311441 http://www.law360.com/whitecollar/articles/311441 The federal government on Tuesday dropped its vast Foreign Corrupt Practices Act case accusing more than 20 military equipment industry executives of bribing Gabonese officials to win business, ending years of unsuccessful prosecution and dealing a major setback to the U.S. Department of Justice. Tue, 21 Feb 2012 13:21:04 +0000 http://www.law360.com/whitecollar/articles/311368 http://www.law360.com/whitecollar/articles/311368 The Fiesta Bowl's former chief executive pled guilty Tuesday afternoon to illegally reimbursing ex-employees for campaign donations he directed to several top Arizona politicians, including Gov. Jan Brewer, R, and Sen. John McCain, R, his attorney said.