White Collar Law360 provides breaking news and analysis on corporate crime and enforcement. Coverage includes criminal cases against companies, executives and employees, public officials, lawyers, and law firms, as well as related civil litigation and policy developments.
In December 2015, an amendment to Rule 26 of the Federal Rules of Civil Procedure was implemented with the intent of putting reasonable limits on civil discovery. The many cases since that have applied the amended rules provide some clear guideposts for litigants and practitioners, say Brandee Kowalzyk and Christopher Polston of Nelson Mullins LLP.
The ex-CFO of American Realty Capital Properties spent Tuesday afternoon on his heels in his New York federal fraud trial, telling the jury that he changed the number of shares used to calculate a key metric to “harmonize” a method change with previously reported information.
Federal prosecutors pursuing a $1 billion Medicaid fraud case against a Florida businessman failed Tuesday to secure a quick escape from having to provide live testimony in connection with his bid to disqualify them after he raised concerns about sworn statements they offered as a potential substitute.
Jury selection dragged on for a second day in the securities fraud trial of former pharmaceutical executive Martin Shkreli without any jurors making it to the final panel, while Shkreli's lead attorney moved for a mistrial, saying on Tuesday that a barrage of negative press coverage left the jury selection process "irreparably tainted."
The U.S. Department of Justice has charged three executives at a Norwegian shipping company for their alleged roles in a conspiracy to rig bids and fix prices on shipping services for international cargo, according to an indictment unsealed by a Maryland federal court Tuesday.