The rash of investigations launched in the wake of Equifax's massive data breach signal a more open and aggressive approach to policing such incidents that is likely to leave companies rethinking their plans for responding to cyberattacks and cooperating with officials, attorneys say.
The New Jersey federal judge presiding over the bribery trial of Sen. Bob Menendez and a Florida ophthalmologist denied a defense bid Tuesday to let jurors see parts of public statements where the senator denied allegations that he had engaged with prostitutes, saying such material is irrelevant.
Federal prosecutors told a California federal court on Monday that the former head of South Korea’s government-funded earthquake research program who was convicted of laundering bribery proceeds in the United States should be sentenced to nearly five years in prison, pushing back on his bid for a much shorter prison stay.
A New York federal judge on Tuesday sentenced a former attorney to 38 months in prison for scamming four victims out of $1.4 million in purported real estate investments while he was under judicial supervision on three different fraud-related indictments.
The former chief financial officer of an international marketing and public relations firm was charged Tuesday with embezzling $3.6 million from the company during his 10-year tenure, the U.S. Department of Justice said in a statement.
A man who posed on dating sites as a millionaire to elicit confidential financial information and steal victims' identities has pled guilty to two counts, New York federal prosecutors said Tuesday.
Pennsylvania Attorney General Josh Shapiro on Tuesday outlined the broad activist agenda he has been pursuing since taking over the scandal-plagued office in January, touting his readiness to confront the Trump administration and the state’s role at the lead of several multistate investigations into corporate malfeasance.
The government asked the U.S. Supreme Court on Monday not to hear an appeal brought by a former Houston defense lawyer who is serving a 15-year sentence after he was convicted for promising criminal defendants he could use government connections to get their charges dropped, arguing he raised no issues on appeal that merit the high court's review.
A New York federal judge on Tuesday ruled that European telecommunications company Veon Ltd., which admitted to paying bribes in Uzbekistan, can’t escape a proposed class action for failing to disclose its crimes to investors, finding that the suit was “in large part” strong enough to survive dismissal.
A Maryland surgical center’s role in a deadly 2012 meningitis outbreak is superseded by that of the pharmacy that made the tainted products, Box Hill Surgery Center LLC told a Massachusetts federal judge overseeing multidistrict litigation Monday.
Prosecutors in the felony securities fraud case against Texas Attorney General Ken Paxton on Tuesday asked the state’s highest criminal court to enforce a trial judge’s order they should be paid $300 an hour for their work, saying a lower appellate ruling threatens the fair administration of justice.
Jumana Nagarwala, the Detroit emergency room doctor criminally charged in April with performing female genital mutilation on girls between the ages of 6 and 8 in Michigan, will be released on $4.5 million unsecured bond, a federal court spokesman announced Thursday.
A New Jersey-based former employee of a New York company that develops and markets “As Seen on TV” merchandise admitted on Tuesday to his role in a scheme in which he attempted to sell the company’s information to its competitors.
After testing positive for cocaine and allegedly threatening a witness, a New York attorney reached a plea deal in the middle of his California federal jury trial Tuesday, agreeing to a 56-month sentence and admitting he forged documents to inflate damages in a $20 million contract suit and then lied to a federal judge.
A New York federal judge on Tuesday ordered a man who plundered South African lobster fisheries from 1987 to 2001 to fork over more than $30 million to the country, bumping up a previous restitution award after the poacher dodged his obligation to pay back victims of the overharvesting.
Federal prosecutors are calling a former Hunton & Williams LLP patent partner’s hints about an upcoming Pfizer deal an “inexcusable breach of trust” by someone professionally tasked with protecting corporate secrets, and asked for a sentence of at least 51 months following the lawyer’s March conviction in New York federal court.
Most tax practitioners and congressional leaders predict tax reform will shift toward a territorial system in which companies are taxed only on their U.S. source income, but the specifics — and their impact on multinational companies — remain a huge area of uncertainty.
Talk of the weather returned Tuesday to the Manhattan payday loan fraud trial of racer Scott Tucker and lawyer Timothy Muir, with Tucker’s defense team blaming a former manager for meteorological fibs that tricked callers into thinking the Kansas-based lending operation was on faraway tribal lands.
Federal prosecutors told a jury in opening statements on Tuesday that a pharmacist’s stupefying recklessness caused a 2012 fungal meningitis outbreak and amounted to second-degree murder.
The president of a California company that built electric vehicle charging stations should spend four to five years in prison for defrauding local and state governments out of grant funds, prosecutors told an Illinois federal judge on Monday, describing the scheme as “calculated and sustained.”
The recent decision from the U.S. Department of Labor's Administrative Review Board in Blanchard v. Exelis Systems is important because it makes clear that, so long as the misconduct reported by the employee affects the United States in “some significant way,” the Sarbanes-Oxley Act will apply extraterritorially, says Matthew LaGarde of Katz Marshall & Banks LLP.
The Second Circuit's recent Martoma decision potentially expands the category of persons that, upon the disclosure of confidential information without pecuniary or tangible benefit, may constitute tippers or tippees subject to insider trading liability, say attorneys with Cadwalader Wickersham & Taft LLP.
Insider trading allegations have surfaced at Equifax, where three executives sold nearly $2 million in shares of the company’s stock days after the cyberattack was discovered but before the news was announced. The situation raises a number of fundamental questions about Equifax’s insider trading policy, say Gary Tygesson and Cam Hoang of Dorsey & Whitney LLP.
Even though most in-house counsel know all too well about the challenges and costs of defending government subpoenas, they may not realize that their existing insurance policies might provide coverage for these defense costs — even if those policies do not expressly address subpoenas, says Daniel Wolf of Gilbert LLP.
Although the Trump administration has completed the vetting and confirmation of a cabinet and White House staff, thousands of senior positions remain unfilled throughout the executive branch. More than ever, people selected for those posts find themselves under close scrutiny, say Adam Raviv and Reginald Brown of WilmerHale.
Despite strong planning and expert guidance, amid all of the chaotic workflow of a ransomware response, two important issues can be easily overlooked — notification/disclosure responsibilities and anti-money laundering compliance, says John Reed Stark, president of John Reed Stark Consulting LLC.
The U.S. Department of Justice and the Financial Crimes Enforcement Network are turning the tides on ransomware attackers and enablers who exploit the bitcoin ecosystem to anonymize the payments received by their victims. Anti-money laundering statutes and regulations are their preferred statutory weaponry, says John Reed Stark, president of John Reed Stark Consulting LLC.
In our recent survey of business of law professionals, nearly half of respondents said that who they collaborate with, inside their law firm, is different from five years ago, says Chris Cartrett of legal software provider Aderant.
Some lawyers tend to be overly aggressive, regarding law practice as a zero-sum game in which there are only winners and losers. The best response is to act professionally — separating the matter at hand from the personalities. But it is also important to show resolve and not be vulnerable to intimidation, says Alan Hoffman of Husch Blackwell LLP.
The recent growth of corporate data — both in volume and complexity — is exponential and unabated. Used correctly, artificial intelligence will drive efficiency in investigations, maximize results and help to promote regulatory compliance, say Zachary Adams of Squire Patton Boggs LLP and Richard Chalk of Navigant Consulting Inc.