White Collar

  • January 20, 2017

    Ex-Tesla Worker Cops To Misdemeanor In Email Hacking Suit

    A former Tesla Motors Inc. mechanical engineer on Thursday pled guilty in California federal court to a misdemeanor charge after allegedly hacking his manager’s email and subsequently posting a confidential customer complaint and false, disparaging remarks about the electric car company.

  • January 19, 2017

    Bio-Rad CEO Tells Jury He Backdated Fired Exec's Review

    Bio-Rad's CEO admitted in a California federal court Thursday that he answered a Sarbanes-Oxley complaint brought by the company's general counsel by giving the U.S. Department of Labor a backdated review of the fired lawyer.

  • January 19, 2017

    FBI Agent Says Ex-JPMorgan Analyst's Calls Led Pals To Buy

    Prosecutors accusing a former J.P. Morgan Securities LLC analyst of tipping off friends about pending acquisitions on Thursday called an FBI special agent to tell a California federal jury how the analyst's friends often bought securities just minutes after he would contact them.

  • January 19, 2017

    Las Vegas Sands Shells Out $7M To End Criminal FCPA Probe

    Las Vegas Sands Corp. agreed to pay a nearly $7 million penalty to shake an investigation into whether it violated the Foreign Corrupt Practices Act with payments to a business consultant who promoted its work in China and Macau, the U.S. Department of Justice said Thursday.

  • January 19, 2017

    Alleged Ringleader Pleads Guilty In $175M Health Fraud

    The alleged ringleader of a scheme that used call centers and kickbacks to generate bogus prescriptions and bilk government and private insurers for $175 million pled guilty Thursday in Florida federal court.

  • January 19, 2017

    Most Influential Judges On Trump’s Supreme Court Short List

    A new look at the potential U.S. Supreme Court nominees’ rulings reveals a ranking of judicial influence with some surprises at the top — and at the bottom.

  • January 19, 2017

    In The Polarized Era Of Trump, BigLaw Searches For Balance

    The alignment of law firms with or against the new administration in legal battles to come could open rifts among attorneys and clients. But the publicity earned for taking on a potentially unpopular case could ultimately be worth any public fallout.

  • January 19, 2017

    The Lawyer Who Will Shape Trump’s Presidency

    Jones Day’s Donald McGahn is stepping into the role of White House counsel, a powerful but little-understood position that has a strong history of impacting the president’s authority.

  • January 19, 2017

    Rolling Back Regulation In The Age Of Trump

    The incoming president’s plans to rein in the power of federal agencies will lead to uncertainty for lawyers and their clients as pending investigations and rulemaking are stopped in their tracks.

  • January 19, 2017

    Microsoft, Gov't Tee Up For Hearing Over User Data Requests

    A Washington federal judge on Thursday told Microsoft and the U.S. government to be prepared to defend their positions on whether companies can assert Fourth Amendment claims on behalf of their customers, in a dispute over gag orders preventing service providers from informing customers of warrants for user data.

  • January 19, 2017

    Ex-Speaker Hastert Sues To Reclaim Sex Abuse Hush Money

    Former House Speaker Dennis Hastert struck back Wednesday at a civil suit filed by the sexual abuse victim whose accusations helped send the politician to prison, saying that the unnamed individual should return the $1.7 million Hastert paid to keep him silent.

  • January 19, 2017

    Takata Bidders Reportedly To Seek Court-Led Rehab In Japan

    Two potential bidders in Takata Corp.'s rehabilitation will present proposals in Japan seeking a court-mediated restructuring of the embattled air bag manufacturer’s operations in the country, according to media reports.

  • January 19, 2017

    Dallas Court Blocks Suit Over Pay For Paxton Prosecutors

    A Texas appellate court on Wednesday again blocked a real estate developer’s lawsuit challenging an hourly rate payment structure for special prosecutors pursuing felony securities fraud charges against Texas Attorney General Ken Paxton, finding his claims moot and not ripe.

  • January 19, 2017

    Revolving-Door Roundup: Cleary, MoFo, King & Spalding

    A number of enforcement attorneys made for the door after the election to the benefit of BigLaw firms like Cleary, which landed the U.S. Securities and Exchange Commission's chief litigator; Morrison & Foerster, which picked up an ex-assistant attorney general; and more.

  • January 19, 2017

    IT Exec, Consultant Charged With $3.4M Fake Invoice Scam

    Manhattan federal prosecutors on Thursday charged an information technology executive for health and retirement benefit funds and a consultant with conspiracy and wire fraud for a purported $3.4 million scheme to bilk the funds for bogus IT services.

  • January 19, 2017

    House, SEC End Health Care Insider Trading Subpoena Row

    The House Ways and Means Committee and the U.S. Securities and Exchange Commission have officially ended their battle over the latter’s bid to subpoena an erstwhile committee staffer in a health care insider trading probe, just two months after the committee dropped its appeal.

  • January 19, 2017

    Kasowitz Snags Ex-Morgan Lewis White Collar Pro In LA

    Kasowitz Benson Torres & Friedman LLP has hired a former Morgan Lewis & Bockius LLP white collar partner and federal prosecutor who has tried dozens of cases, including the wiretapping case against Hollywood private investigator Anthony Pellicano, the firm said Wednesday.

  • January 19, 2017

    7th Circ. Upholds Sentinel CEO's 14-Year Prison Term

    The Seventh Circuit won’t give former Sentinel CEO Eric Bloom a break on his 14-year prison sentence, the court ruled Thursday, saying it found ample evidence to support the jury’s conclusion Bloom used his Illinois investment firm to operate a $666 million fraud.

  • January 19, 2017

    No Pre-Sentence Jail For Leader Of $11M Investing Fraud

    The man at the center of an $11 million investment scheme will remain free ahead of his sentencing in April because concerns raised by federal prosecutors about his post-indictment behavior do not prove that he’s a flight risk, an Illinois federal judge said Thursday.

  • January 19, 2017

    Jason Galanis Pleads Guilty In $60M Tribal Bond Scheme

    Inveterate white collar fraudster Jason Galanis faces up to 30 years in prison after pleading guilty in a New York federal court Thursday to securities fraud and conspiracy charges and hopes, while he’s awaiting sentencing, to be able to keep teaching business courses to fellow inmates.

Expert Analysis

  • Considering 'Crime Of Violence' Vagueness At The High Court

    Michael Carlin

    In Lynch v. Dimaya, the U.S. Supreme Court will need to decide whether the “void for vagueness” standard in the immigration context is the same as the standard used in criminal cases. Adherence to precedent set by the court’s previous decision in Jordan v. de George would lead the court to apply the vagueness standard in this case in the same manner as in criminal cases, says Michael Carlin of the Law Office of Michael Carlin PLLC.

  • How Litigation Funding Is Bringing Champerty Back To Life

    John H. Beisner

    While some courts have declined to apply the common-law doctrine of champerty to invalidate third-party litigation funding agreements, two recent rulings by appellate courts in New York and Pennsylvania have brought renewed attention to champerty principles, casting doubts on the legality of certain forms of third-party litigation funding, say John Beisner and Jordan Schwartz of Skadden Arps Slate Meagher & Flom LLP.

  • DOJ Narrows Paths To Immunity For Antitrust Crimes

    Elizabeth Prewitt

    The U.S. Department of Justice Antitrust Division’s leniency program is unique — no other DOJ component offers similar nonprosecution protections for corporations or individuals. Therefore, new guidance released this week limiting pathways to leniency could be seen as part of the outgoing Obama administration’s desire to render this program less of an outlier, say attorneys with Hughes Hubbard & Reed LLP.

  • A Federal Crackdown On Tax Zapper Software

    Matthew Lee

    Revenue suppression or “tax zapper” programs delete some or all of a restaurant’s cash transactions and then reconcile the books of the business, lowering the firm's tax bill. States have battled zappers for years, but the case of United States v. John Yin, filed last month in the Western District of Washington, shows federal authorities are now joining the fight, says Matthew Lee of Fox Rothschild LLP.

  • Attracting And Retaining The Millennial Lawyer

    Christopher Imperiale

    Instead of trying to change the new workforce to follow a law firm's existing processes and procedures, perhaps it's time for firms to start changing their processes and procedures to better accommodate the mentality of this next generation of lawyers, says Christopher Imperiale, a law firm adviser with Berdon LLP.

  • Expect Continued Aggressive Enforcement Under Bharara

    Nicholas Lewis

    The beginning of 2017 brings with it significant changes to the government as a whole and the U.S. Department of Justice in particular, but one constant in this time of change is the U.S. Attorney’s Office for the Southern District of New York. Recent developments reflect a seal of approval for that office’s aggressive enforcement approach under Preet Bharara, says Nicholas Lewis of McGuireWoods LLP.

  • Trump's EPA: Be Careful What You Wish For

    Mitchell J. Klein

    Trying to prognosticate what President-elect Donald Trump will do is very difficult. But assuming he does seek to implement change at the U.S. Environmental Protection Agency, if it's perceived as backing off of environmental enforcement, private parties will step in and cases will likely be even more expensive, more problematic and more unreasonable than those brought by the EPA and the states, says Mitchell Klein of Snell & Wilmer LLP.

  • Health Care Enforcement Review And 2017 Outlook: Part 4

     Brian P. Dunphy

    In this final installment of our review and outlook series, we analyze health care enforcement trends gathered from 2016 civil settlements and criminal resolutions of health care fraud and abuse cases. Behind the headlines covering enormous recoveries in 2016, several themes are apparent, say attorneys at Mintz Levin Cohn Ferris Glovsky and Popeo PC.

  • It’s Time To Change The Law Firm Business Model

    Lucia Chiocchio

    Every year, statistics reveal very little change in the number of women and minorities in the ranks of partnership. So how do law firms change this painfully slow rate of progress? It takes more than adding a diversity policy or a women’s leadership program to the current law firm business model, says Lucia Chiocchio, co-chair of Cuddy & Feder LLP's telecommunications and land use, zoning & development groups.

  • The Implications Of Insureds' Illegal Conduct

    Deepa T. Sutherland

    Laws against bribery and corruption, like the U.S. Foreign Corrupt Practices Act and U.K. Bribery Act, are growing increasingly tough, often applying in surprisingly broad circumstances. The laws' principles continue to be tested in court, but for now, insurers writing risks in foreign jurisdictions should adopt a proactive stance in vetting the practices of their local subsidiaries and insureds, say Deepa Sutherland and Hernán Cip... (continued)