White Collar

  • November 22, 2017

    Bumpy Ride Ahead For Uber After Data Breach

    Heavy legal traffic lies ahead for Uber as the ride-sharing giant reckons with fallout from a massive hack that exposed personal data of 57 million users worldwide. The $70 billion company is at risk for enforcement actions in the U.S and around the globe for waiting over a year to disclose an October 2016 breach that the company paid hackers $100,000 to keep quiet.

  • November 22, 2017

    Shkreli Deal Legit, Investor Says Ex-Katten Atty Told Him

    A former commodities trader and investor in one of Martin Shkreli's hedge funds and pharmaceutical company Retrophin Inc. told jurors Wednesday of how former Katten Muchin attorney Evan Greebel assured him that an allegedly sham deal to pay him off for his investment was aboveboard.

  • November 22, 2017

    3 Highlights From The FIFA Corruption Trial So Far

    More than two years after U.S. authorities rocked the world of international soccer by unveiling a global corruption investigation into it, the first trial stemming from the investigation kicked off in a federal court in Brooklyn this month, providing a clearer picture of the alleged corruption, while bringing witness intimidation allegations akin to a mob trial. Here, Law360 looks at three highlights from the first two weeks of the trial.

  • November 22, 2017

    Ponzi Suspect Poised To Change Plea After Emailed Threat

    The federal government told a California federal judge Wednesday that they'd reached an initial plea deal with an investment manager facing securities fraud charges for running a $42 million Ponzi scheme, eight months after he threatened those involved with the case and saw his bail revoked.

  • November 22, 2017

    Ex-Virginia Tech Professor Charged In Alleged Grant Fraud

    A Virginia federal grand jury Tuesday charged a former bioengineering professor at Virginia Tech with seven felony counts stemming from his alleged fraudulent application for federal grants, the U.S. Department of Justice announced Wednesday.

  • November 22, 2017

    DOJ Tells Justices Forced Statements Can Be Used Pretrial

    The U.S. Department of Justice recently urged the Supreme Court not to protect suspects from having their compelled statements used at pretrial hearings, saying applying the Fifth Amendment that early would bog down criminal proceedings.

  • November 22, 2017

    Ex-Health Care CFO Admits Stealing $1.1M From Company

    The former chief financial officer of an orthopedic care provider admitted in New Jersey federal court to stealing more than $1.1 million from the business and spending it on gambling, golf and other unauthorized expenses, authorities said Wednesday.

  • November 22, 2017

    Marine General Freed In Guantanamo Trial Ethics Dispute

    The chief defense counsel for military commissions involving prisoners held at the U.S. military base at Guantanamo Bay, Cuba, has been released from confinement despite a decision from the Office of Military Commissions upholding a military judge’s contempt charge against him, the Pentagon said in a statement received by Law360 on Wednesday.

  • November 22, 2017

    Perkins Coie Hires ‘Wolf Of Wall Street’ Lead Prosecutor

    Perkins Coie LLP has added New York Gov. Andrew Cuomo’s former special counsel for public integrity — who prosecuted securities frauds depicted in the film “The Wolf of Wall Street” — as a partner at the firm’s white collar and investigations practice, according to a statement.

  • November 22, 2017

    What To Watch As Supreme Court Tackles Location Privacy

    The U.S. Supreme Court is gearing up to hear arguments on Nov. 29 in a privacy case that has the potential to set a definitive standard for how both the government and private companies can use individuals' location data, and attorneys say there are several important questions to be on the lookout for to help determine how the justices may rule.

  • November 22, 2017

    Hunton Moves To Toss $34M Stanford Deal Objections

    Hunton & Williams LLP asked a Texas federal judge Tuesday to reject the objections that have been raised to its $34 million deal to settle allegations that it aided Robert Allen Stanford’s $7 billion Ponzi scheme, saying the settlement is fair and won’t impact the rights of other parties embroiled in litigation over the scheme.

  • November 22, 2017

    Fla. Woman Gets 6.5 Years, Owes $45M For Medicare Fraud

    A Florida woman who was accused of a $45 million Medicare fraud received a six-and-a-half-year prison sentence Tuesday following a U.S. Supreme Court decision in her case last year holding that the government could not freeze untainted assets.

  • November 22, 2017

    UK Promises Tough Paradise Papers Response In Budget

    Britain’s Treasury promised new measures to tackle tax dodging on Wednesday in its budget statement and is set to bolster enforcement following a string of leaks that highlight how the U.K. is a major conduit for tax evasion.

  • November 21, 2017

    MD In Health Care Fraud Trial Has Mental Defect, Jurors Told

    A Northern California doctor on trial with her orthopedic surgeon boyfriend for allegedly committing health care fraud and money laundering is very talented and able but has a mental defect that affects her day-to-day functioning, a neuropsychologist told jurors Tuesday in the California federal trial.

  • November 21, 2017

    7th Circ. Vacates 'Ponzi' Atty's Sentence, Again Remands

    A Seventh Circuit panel Tuesday vacated a 10-year sentence for a former attorney who pled guilty to wire fraud after the government discovered he had swindled clients for years by stealing settlement proceeds, ruling that the lower court didn’t allow him to address the judge before sentencing.

  • November 21, 2017

    Ex-Swiss Banker Acquitted Of Helping US Tax Evaders

    A New York federal jury on Tuesday acquitted a former Swiss banker of what prosecutors alleged was a criminal conspiracy to help U.S. taxpayers hide millions of dollars in undeclared income in offshore bank accounts to dodge taxes.

  • November 21, 2017

    SEC Sues Long Island Town, Ex-Official For Securities Fraud

    The U.S. Securities and Exchange Commission on Tuesday hit the Long Island town of Oyster Bay and its former top elected official with a securities fraud suit alleging that they concealed from investors the town’s indirect guarantees of more than $20 million in private loans to a local businessman who ran concessions and restaurants at town facilities.

  • November 21, 2017

    NY Atty Seeks To Avoid Jail For Pump-And-Dump Scheme

    A New York attorney who pled guilty in August to playing a role in a pump-and-dump scheme urged a Florida federal judge Monday not to send him to jail, saying his crime was inexcusable but “an aberration in an otherwise exceptionally upstanding life.”

  • November 21, 2017

    ICC Mulls Probe Into Reports Of US Abuses In Afghanistan

    The prosecutor for the International Criminal Court requested authorization on Monday to investigate reports of human rights abuses in Afghanistan by the U.S. armed forces, the CIA, Afghan security forces, the Taliban and affiliated armed groups.

  • November 21, 2017

    DOJ Accuses Doc Of Faking Prescriptions To Get Opioids

    A pain management doctor in Amherst, New York, was arrested on Tuesday and charged with fraudulently obtaining opioids by writing and receiving prescriptions for at least two patients already deceased at the time he prescribed the drugs, according to documents released by the U.S. attorney’s office.

Expert Analysis

  • DOJ Guidance Is Dead, Long Live DOJ Guidance

    David Chaiken

    Comments in a recent speech by U.S. Attorney General Jeff Sessions appeared to kill much-needed U.S. Department of Justice guidance for companies. But a closer look reveals that this interpretation is likely a misunderstanding, says David Chaiken of Troutman Sanders LLP.

  • How Shell Companies Launder Money In Luxury Real Estate

    Neil Axler

    The past decade has seen dramatic increases in the purchase prices of luxury residential real estate in New York and Florida as well as in the proportion of properties purchased through shell companies. Law enforcement officials are concerned that foreign criminals may be using the U.S. real estate market to launder dirty money, say attorneys with Stout Risius Ross LLC.

  • SDNY Case Raises Provocative Questions On US Jurisdiction

    Louis Rothberg

    U.S. v. Reza Zarrab, set to start trial this month in the Southern District of New York, is likely to affect the manner in which entities and individuals decide to comply with the Office of Foreign Assets Control's secondary sanctions and represents a critical interpretive question regarding the International Emergency Economic Powers Act, say attorneys with Morgan Lewis & Bockius LLP.

  • A Look At Argentina’s New Anti-Corruption Law

    kim Nemirow

    Argentina took a significant step this month in its efforts to combat corruption. The law creates corporate criminal liability and will have a material impact on a number of companies that now must comply or face significant potential penalties or debarment, say Kim Nemirow and Lucila Hemmingsen of Kirkland & Ellis LLP and Gustavo Morales Oliver of Marval O'Farrell & Mairal.

  • Roundup

    Judging A Book

    Alexander Hamilton and the Development of American Law

    Are the latest books on the judicial system worth reading? Federal judges share their thoughts in this series of book reviews.

  • Don't Waste This Planning Cycle: Year-End Strategies

    Hugh A. Simons

    Law firms are businesses where partners operate with significant autonomy. To see their priorities translate into individual partner action, firm leaders should use a few collaborative strategies, suggests Hugh A. Simons, former senior partner of The Boston Consulting Group and former COO of Ropes & Gray LLP.

  • From Snaps To Tweets: The Craft Of Social Media Discovery

    Matthew Hamilton

    Courts have consistently held that social media accounts are subject to established discovery principles but are reluctant to allow parties to rummage through private social media accounts. Recent case law confirms that narrowly tailored information requests get the best results, say Matthew Hamilton, Donna Fisher and Jessica Bae of Pepper Hamilton LLP.

  • The Conspiracy And FBAR Charges Against Manafort, Gates

    Robert Adler

    The charges against Paul Manafort and Richard Gates differ in significant respects from similar cases where the government has charged a Klein conspiracy as well as a willful failure to file reports of foreign bank and financial accounts, says Robert Adler of Nossaman LLP.

  • Manafort Attorney's Testimony And The Limits Of Privilege

    Justin C. Danilewitz

    A D.C. federal judge's recent opinion requiring former counsel to Paul Manafort and Rick Gates to testify before a federal grand jury offers four lessons for defense counsel and their clients, says Justin C. Danilewitz of Saul Ewing Arnstein & Lehr LLP.

  • An Interview With Former DHS Secretary Jeh Johnson

    Randy Maniloff

    Jeh Johnson, the former secretary of homeland security, was kind enough to let me visit him to reflect on his diverse career. He told stories that left me speechless. And yes, the man who was responsible for the Transportation Security Administration removed his shoes when going through airport security. You bet I asked, says Randy Maniloff of White and Williams LLP.