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.
The Fourth Circuit's recent Agape decision is a reminder that the government’s nonintervention in a False Claims Act case should not be mistaken for government disinterest, says Joshua Hill of Morrison & Foerster LLP.
A Florida federal judge sentenced a California-based stock promoter Monday to six months in prison for his role in an alleged pump-and-dump scheme in which he and several co-conspirators issued shares in fraudulent shell companies and sold them to investors at a profit.
Mitsubishi Electric Corp. admitted it played a role in an international conspiracy to rig bids on car parts in the Ontario Superior Court of Justice on Tuesday as it was hit with a fine of CA$13.4 million ($9.9 million), Canada’s competition regulator said.
A former Merrill Lynch investment adviser pled guilty Tuesday to pocketing $1 million belonging to two of his clients by withdrawing the funds without the clients' permission and passing them through a Chicago-based chamber of commerce.
An Illinois man challenging his 10-year prison sentence for embezzling over $13 million from his small credit union is facing an uphill battle after the Seventh Circuit indicated that it wasn’t buying calls to remand the case because some of the lenders supposedly knew about fake loans the defendant created, with Circuit Judge Richard Posner calling the argument “a loser.”