White Collar

  • December 15, 2017

    The Biggest New Jersey Cases Of 2017

    New Jersey’s federal and state courts served as key legal battlegrounds in the health care, competition and consumer protection realms this year, and hosted white collar prosecutions that ended with a congressman’s mistrial and a lawyer facing prison time. Here’s a look at four notable cases that taught lawyers a thing or two in 2017.

  • December 15, 2017

    Former NY Mortgage Bank VP Duped Funders, Feds Say

    Federal prosecutors in New York have accused a former vice president of a Long Island mortgage bank of defrauding several warehouse lenders out of more than $12 million, alleging that he falsified documents, held on to funding for mortgage loans that never closed and got some loans funded multiple times. 

  • December 15, 2017

    MVP: Dechert's Andrew Levander

    Dechert LLP’s Andrew J. Levander steered Takata to a $1 billion settlement in a criminal case over potentially fatal air bag inflators and represented Fox News in sexual harassment litigation over the past year, earning him a spot among Law360’s 2017 White Collar MVPs.

  • December 15, 2017

    Health Hires: Holland & Knight, EBG, Quarles, Ciitizen

    Over the last few weeks, Holland & Knight LLP, Epstein Becker Green, Quarles & Brady LLP and medical records startup Ciitizen have grown their health care and life sciences teams with pros from Laredo & Smith LLP, LifePoint Health and the U.S. Department of Health and Human Services.

  • December 15, 2017

    Senate Confirms U.S. Attys for Pa., Mass.

    The U.S. Senate on Thursday confirmed Scott W. Brady, corporate counsel for Federated Investors, as the U.S. attorney for the Western District of Pennsylvania and Andrew Lelling, a longtime federal prosecutor, as the U.S. attorney for the District of Massachusetts.

  • December 14, 2017

    FIFA Trial Wraps In Blitz Of Denials And Recriminations

    The trial of three former South American soccer officials wrapped Thursday as the prosecution argued its trove of secret recordings, unearthed ledgers and wire transfer records clearly established the men’s roles in long-running bribery schemes, while the defense accused the prosecution of overplaying its hand in the government’s wide-ranging corruption inquiry into international soccer.

  • December 14, 2017

    AGs Want High Court To OK Microsoft Overseas Data Access

    A coalition of 35 state attorneys general urged the U.S. Supreme Court on Wednesday to strike down a ruling that the federal government can’t access user data stored overseas by Microsoft, saying the “remarkable” decision gives too much control to private companies, while the European Commission and the U.K. and Irish governments separately weighed in on the dispute.

  • December 14, 2017

    Conspirator In Fake-Business-Invoice Scam Gets 41 Months

    A Nigerian national involved in a conspiracy to steal at least $25 million from businesses through sham invoice emails — what prosecutors called “the financial crime of choice for many criminal organizations” — was sentenced Thursday to 41 months.

  • December 14, 2017

    Rejecting Insanity Defense, Jury Convicts Doctor Of Fraud

    A California federal jury on Thursday convicted a family physician on five counts of health care fraud and five counts of making false statements to insurers, rejecting her defense that billing issues were caused by a mental illness while rejecting the government’s conspiracy and money laundering charges.

  • December 14, 2017

    Texas Jury Partly Clears Ex-Servergy CEO At SEC Trial

    The U.S. Securities and Exchange Commission scored a narrow trial victory this week when a Texas federal jury found a former technology executive liable for a single count of negligence but cleared him of several more serious claims lodged by the Wall Street regulator over the alleged way he promoted investments in his company, Servergy Inc.

  • December 14, 2017

    Feds Should Ask Firms, Not Cloud Service, For Data: DOJ

    The U.S. Department of Justice has advised prosecutors seeking consumer data stored on the cloud to request the information from underlying businesses rather than their third-party data storage providers, in a shift that Microsoft Corp., which has been sparring with the government over online privacy rights, hailed as a positive step.

  • December 14, 2017

    JPMorgan Dodges Suit Alleging Aid To $3.7B Ponzi Scheme

    A Minnesota federal judge on Thursday affirmed a bankruptcy court's recommendation to dismiss a suit against JPMorgan Chase & Co. by a hedge fund alleging the bank aided businessman Thomas Petters’ $3.7 billion Ponzi scheme, finding the court lacks jurisdiction and the suit was filed too late.

  • December 14, 2017

    Gov't Misconduct Claims Blocked From Ex-Katten Atty Trial

    A Brooklyn federal judge on Thursday refused to allow allegations of government misconduct to be heard by jurors in the fraud trial of former Katten Muchin attorney Evan Greebel, after revealing that a witness claims a prosecutor told him to change his story, drop his legal action against Retrophin Inc. and pay the pharmaceutical company $170,000.

  • December 14, 2017

    Ex-Cuomo Aide Pleads Not Guilty In Bribery Case

    A former aide of New York Gov. Andrew Cuomo and three others pled not guilty on Wednesday to an expanded indictment tied to alleged bribes for higher education and energy projects, ahead of a trial set for January.

  • December 14, 2017

    State AGs Sue Over Corinthian Debt Relief Delays

    The attorneys general of New York, California, Illinois and Massachusetts went after the U.S. Department of Education in federal court Thursday, alleging that the agency is shirking its obligations to the victims of Corinthian Colleges Inc. by not discharging their federal student loans and unlawfully trying to collect on the debts.

  • December 14, 2017

    Ex-Houston Tech Co. CEO Charged With $30M Investor Fraud

    The former chief executive of a Texas software company was charged by federal prosecutors and the Securities and Exchange Commission on Thursday with defrauding investors out of around $30 million and embezzling upwards of $7 million from the company.

  • December 14, 2017

    Atty, Stock Transfer Agent Charged In Stock Fraud Scheme

    The federal government filed charges Thursday against a California attorney and a Colorado registered stock transfer agent as it continued to expand an investigation into a pump-and-dump scheme in which the co-conspirators issued shares in fraudulent shell companies and sold them to investors at a profit.

  • December 14, 2017

    20 Immigrants Charged With Employment ID Fraud In Tenn.

    A Tennessee federal grand jury charged 20 undocumented immigrants with using fraudulent identification papers to obtain employment at a freight forwarder in Memphis, an indictment prosecutors said Wednesday demonstrated their renewed push for criminal immigration enforcement. 

  • December 14, 2017

    MVP: Haynes And Boone's David Siegal

    David Siegal, co-chair of Haynes and Boone LLP's white collar practice, exposed a fatal flaw in Manhattan federal prosecutors' high-profile case against private equity executive Benjamin Wey this year, getting the charges dismissed and earning a spot among Law360's White Collar MVPs.

  • December 14, 2017

    Stanford Receiver Can't Renew Fight Over $88M Clawback

    A Texas federal judge on Thursday denied a request by the court-appointed receiver of Stanford International Bank to overturn a jury decision keeping $88 million in cash in the hands of a cable and truck-racing magnate, who received it shortly before Stanford's Ponzi scheme-related collapse.

Expert Analysis

  • Alternative Fees: My Experience At Bartlit Beck

    J.B. Heaton

    Bartlit Beck was a wonderful place to work for 18 years, and the lawyers there are not only excellent attorneys but great people. All that said, and stating my biases up front, it is possible for me to look analytically at the Bartlit Beck fee model, and make some observations on the pros and cons of one version of alternative fees, says J.B. Heaton, founder of investment analytics company Conjecture LLC.

  • Opinion

    Bringing Order To The Court In College Hoops

    Jesse Morton

    In an open letter to Condoleezza Rice, chairwoman of the newly formed Commission on College Basketball, fraud prevention specialist Jesse Morton of Stout Risius Ross LLC proposes that the NCAA adopt a compliance framework similar to that outlined in the U.S. Federal Sentencing Guidelines.

  • Employers' Insurance Issues For Sexual Harassment Claims

    Micah Skidmore

    With daily revelations of sexual assault committed by public figures, employers are renewing their focus on employment practices liability insurance. However, the extreme social sensibility associated with sexual assault claims may complicate recovery, and employers should consider three key issues when seeking recovery under EPLI forms, says Micah Skidmore of Haynes & Boone LLP.

  • Opinion

    Jurors Should Have An Active Voice In Trials

    Judge Amos Mazzant III

    We tell jurors how important they are to the successful implementation of our judicial system, but oftentimes we don’t treat them with the reverence they deserve. U.S. District Judge Amos Mazzant III of the Eastern District of Texas, Lisa Blue of Baron and Blue, and Robert Hirschhorn of Cathy E. Bennett & Associates advocate three jury system improvements that will give jurors an active voice and role in our civil and criminal jury trials.

  • Opinion

    Time To Root Out Political Interference With The DOJ

    Sen. Sheldon Whitehouse

    Congress and indeed the Justice Department itself have the tools to investigate political interference with our nation’s law enforcement and protect the DOJ from abuse. It’s time to use them, says Sen. Sheldon Whitehouse, D-R.I.

  • Series

    40 Years Of FCPA: An Update From The DOJ

    Daniel Kahn

    U.S. Department of Justice prosecutors and law enforcement partners have secured more foreign bribery-related trial convictions and guilty pleas this year than in any other year in the history of the Foreign Corrupt Practices Act, in fact by almost twice as much. These are all significant cases with significant impacts, says Daniel Kahn, chief of the DOJ's FCPA Unit.

  • Why Information Governance Is More Important Than Ever

    Linda Sharp

    It used to be that hiring a good law firm was the single most important thing a company could do when facing litigation. You could now make the case that an organization’s most powerful asset in prosecuting or defending a claim is its information, says Linda Sharp, associate general counsel of ZL Technologies and chair of the ACC Information Governance Committee.

  • Opinion

    BigLaw Is Behind The Automation Curve

    Michael Moradzadeh

    In its new report on the effects of automation in the workplace, McKinsey Global Institute identifies lawyers as less susceptible to the sort of automation that could put one-third of American workers out of a career by 2030. This may seem reassuring, but it doesn't mean automation won't disrupt our bottom line, says Michael Moradzadeh of Rimon PC.

  • Series

    40 Years Of FCPA: Compliance, Past And Future

    Hui Chen

    More than any other statute, the Foreign Corrupt Practices Act has fueled the growth of the compliance industry. While the expansion of corporate compliance is a positive development, the fear-driven and FCPA-centric approach has also produced unfortunate consequences, says ethics consultant Hui Chen, who served as the U.S. Department of Justice's first-ever compliance counsel.

  • Series

    40 Years Of FCPA: Cross-Border Efforts And Growing Risk

    Patrick Stokes

    The U.S. agencies’ increasing coordination with their foreign partners has led to more potent Foreign Corrupt Practices Act investigations — in terms of both their scope and settlement cost, say Patrick Stokes, former chief of the FCPA Unit at the U.S. Department of Justice, and Zachariah Lloyd of Gibson Dunn & Crutcher LLP.