White Collar

  • April 09, 2026

    Citron Founder Loses Bid To Trim DOJ Fraud Case

    A California federal judge has rejected Citron Research founder Andrew Left's bid to trim the federal government's criminal securities fraud case, saying the indictment's first count is not "duplicitous" because it alleges a single market-manipulation scheme involving multiple misleading statements and does not need to be split into multiple counts.

  • April 09, 2026

    Arizona Check Casher Says FinCEN Rule Is 'Crushing' Business

    A Phoenix-area money services business has sued the Treasury Department over an order targeting such businesses along the Southern border for heightened anti-money laundering reporting requirements, saying the measure imposes "business-crushing burdens" that may force it to close.

  • April 09, 2026

    Mich. Panel Clarifies Role Of Intent In Miranda Waiver Rules

    A Michigan state appellate panel said Wednesday that intent matters when police officers read suspects their Miranda rights in the midst of questioning them, then seek to use information gathered during the post-Miranda interview to build a case against them.

  • April 09, 2026

    SEC Says FTX Auditor Didn't Understand Crypto Markets

    A Prager Metis equity partner who led the firm's audits of defunct crypto asset trading platform FTX has been barred, for now, from appearing or practicing before the U.S. Securities and Exchange Commission in connection with the regulator's claims he mishandled the FTX financial reviews and improperly blessed its financial statements.

  • April 09, 2026

    SEC Accuses VC Fund Of Management Fee Fraud

    The U.S. Securities and Exchange Commission on Thursday sued Backswing Ventures GP LLC and its principal in a Florida federal court, alleging the venture capital firm paid itself seven times as much money in management fees than it told investors it would.

  • April 09, 2026

    Fed Ends Crédit Agricole, Goldman Enforcement Orders

    The Federal Reserve said Thursday that it has closed out another batch of longstanding enforcement actions against big banks, freeing Crédit Agricole, Goldman Sachs and Taiwan's Mega Bank from orders that date to at least 2018.

  • April 09, 2026

    Software Co. Investor Claim Sounds 'Like Fraud,' Judge Says

    A Georgia federal judge signaled Thursday that supply chain software firm Manhattan Associates Inc. may have to face a shareholder class action from investors who say they were misled about the company's revenues, remarking that their claim, at least as alleged, "sounds to me like fraud."

  • April 09, 2026

    Crypto CEO Fights Extradition On Human Rights Grounds

    The former chief executive of a crypto-asset company fought against extradition to the U.S. on fraud charges on Thursday, telling a London court that it would violate his human rights as he would be at an increased risk of suicide.

  • April 09, 2026

    5th Circ. Revives Reinsurance Broker Row Over Credit Mishap

    The Fifth Circuit revived a suit by an insurer's owner alleging that its broker failed to administer its reinsurance program properly, leading to over $100 million in losses when it discovered the program lacked a valid line of credit.

  • April 09, 2026

    Fuel Executive Gets 5 Years For $4.5M Navy Fraud Scheme

    A Florida federal judge sentenced a former fuel executive to five years in prison after a jury found him guilty of defrauding the U.S. Department of Defense of more than $4.5 million.

  • April 09, 2026

    Companies Linked To Scam Network Seek Ch. 15 Recognition

    Court-appointed liquidators of the companies in the Prince Group — linked by U.S. and U.K. authorities to a massive Cambodia-based "pig butchering" network that used human-trafficked captives to sell scam crypto investments — are seeking Chapter 15 recognition of their insolvency proceedings.

  • April 08, 2026

    Feds Move To Block Arizona's Gambling Laws Against Kalshi

    The U.S. Department of Justice and the U.S. Commodity Futures Trading Commission on Wednesday backed Kalshi's assertion that Arizona's gambling laws cannot be applied to federally regulated prediction market platforms, the same day the Phoenix federal court rejected Kalshi's bid to halt enforcement of those state laws.

  • April 08, 2026

    Ex-US Atty Rollins Eyes Boston DA Comeback After Probes

    Former Massachusetts U.S. Attorney Rachael Rollins, who stepped down amid multiple ethics investigations, pulled papers Wednesday to run for a return to her former office as Suffolk County district attorney, an elections official confirmed.

  • April 08, 2026

    AI Hiring Startup Reckless With Users' Data, Suit Says

    A San Francisco startup that helps experts land roles training artificial intelligence models failed to prevent a cyberattack that exfiltrated databases, source code, and the personal information of customers and employees from the startup's information technology network, a putative class action in California federal court alleged.

  • April 08, 2026

    Fla. Insurer, Ex-Parent To Pay $135M Over ACA Fraud Scheme

    A Florida insurer and its former parent, which is a Delaware-based national partnership of insurance brokers, have agreed to pay $135 million collectively to resolve allegations of a scheme to enroll ineligible consumers into subsidized Affordable Care Act plans and of defrauding the federal government of more than $140 million. 

  • April 08, 2026

    7th Circ. Questions Internet Scammer's Phone Search Appeal

    A Seventh Circuit judge seemed skeptical Wednesday of a Chicago area fraudster's argument that federal border protection agents needed a warrant before searching his cell phones for evidence of romance, mystery shopper and other scams that he received a nine-year prison sentence for leading.

  • April 08, 2026

    Trump Asks NY's Top Court To Toss AG's 'Flawed' Fraud Case

    President Donald Trump on Wednesday asked New York's highest court to throw out New York Attorney General Letitia James' "deeply flawed" civil fraud judgment entirely after a lower appellate court tossed what it called an "excessive" $489 million penalty against the president, his sons and his real estate companies.

  • April 08, 2026

    VC Fund Chief, Firms To Pay SEC $2.4M To Settle Fraud Claim

    A Florida resident and his investment advisory firms agreed Wednesday to pay nearly $2.4 million to the U.S. Securities and Exchange Commission to settle claims they made false and misleading disclosures to investors in the venture capital funds they managed.

  • April 08, 2026

    FinCEN, OFAC Propose AML Rules For Stablecoin Issuers

    The U.S. Department of the Treasury's Financial Crimes Enforcement Network and Office of Foreign Assets Control issued a joint proposed rule Wednesday to implement the anti-money laundering and sanctions compliance program requirements of the federal stablecoin framework known as the Genius Act.

  • April 08, 2026

    SEC Watchdog To Pay Tipsters Who Uncover Agency Waste

    The U.S. Securities and Exchange Commission's Office of Inspector General has launched a cash awards program that the agency hopes will incentivize its workers to report fraud, waste and mismanagement.

  • April 08, 2026

    Gambling Machine Owners Shutter, Forfeit $5M In Pa. Plea Deal

    Two companies pled guilty to operating hundreds of illegal video gaming machines throughout Pennsylvania and forfeited $5 million in assets in a deal announced Wednesday by the state's attorney general's office.

  • April 08, 2026

    Tax Preparer Gets 12 Years In Largest-Ever COVID Tax Fraud

    A New Jersey tax preparer was sentenced Wednesday to 12 years in prison and ordered to pay $55 million in restitution to the Internal Revenue Service after a jury convicted him of tax fraud in what authorities said was the nation's largest tax fraud case involving COVID-19 pandemic relief money.

  • April 08, 2026

    $37M Award For Whistleblowers Nixed In Medicaid Fraud Row

    A Texas state appeals court did away with an order awarding three whistleblowers a $37 million share of the state's settlement resolving Medicaid fraud allegations against Xerox, finding their respective cases over the alleged scheme were based on publicly available information.

  • April 08, 2026

    Binance, Ex-CEO Seek End To $1.8B FTX Clawback Suit

    Binance and its founder told a Delaware bankruptcy judge Wednesday there are no grounds on which to claw back a $1.76 billion payment to the cryptocurrency platform from its defunct competitor FTX, saying it was a fair deal reached outside her jurisdiction.

  • April 08, 2026

    NJ Power Broker, Atty Brother Push To End Developer's Suit

    South Jersey powerbroker George Norcross and his brother, Parker McCay PA shareholder Philip A. Norcross, asked a New Jersey state court this week to toss a civil racketeering suit from a real estate developer, which closely tracked a now-dismissed criminal indictment, arguing the allegations were settled in previous litigation and are time-barred.

Expert Analysis

  • Opinion

    A Uniform Federal Rule Would Curb Gen AI Missteps In Court

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    To address the patchwork of courts’ standing orders on generative artificial intelligence, curbing abuses and relieving the burden on judges, the federal judiciary should consider amending its civil procedure rules to require litigants to certify they’ve reviewed legal filings for accuracy, say attorneys at Shook Hardy.

  • Calif. AG's No-Poach Case Reflects Tougher Antitrust Stance

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    This month, California’s attorney general resolved the latest enforcement action barring the use of no-poach agreements, underscoring an aggressive antitrust enforcement trend with significant increases in criminal and civil penalties, say attorneys at Pillsbury.

  • 3 Defense Strategies For Sporadically Prosecuted Conduct

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    Not to be confused with selective prosecutions, sporadic prosecutions — charging someone for conduct many others do without consequences — can be challenging to defend, but focusing on materiality, prosecutorial motivations and public opinion can be a winning strategy, says Jonathan Porter at Husch Blackwell.

  • Series

    The Law Firm Merger Diaries: Integrating Practice Groups

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    Enacting unified leadership and consistent client service standards ensures law firm practice groups connect and collaborate around shared goals, turning a law firm merger into a platform for growth rather than a period of disruption, says Brian Catlett at Fennemore Craig.

  • Tapping Into Jurors' Moral Intuitions At Trial

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    Many jurors approach trials with foundational beliefs about fairness, harm and responsibility that shape how they view evidence and arguments, so attorneys must understand how to frame a case in a way that appeals to this type of moral reasoning, says Steve Wood at Courtroom Sciences.

  • Opinion

    Supreme Court Term Limits Would Carry Hidden Risk

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    While proposals for limiting the terms of U.S. Supreme Court justices are popular, a steady stream of relatively young, highly marketable ex-justices with unique knowledge and influence entering the marketplace of law and politics could create new problems, say Michael Broyde at Emory University and Hayden Hall at the U.S. Bankruptcy Court for the District of Delaware.

  • Insuring Equality: 3 Tips To Preserve Coverage For DEI Claims

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    Directors and officers and employment practices liability are key coverages for policyholders to review as potentially responsive to the emerging liability threat of Trump's executive orders targeting corporate diversity, equity and inclusion policies and practices, says Micah Skidmore at Haynes Boone.

  • The SEC Whistleblower Program A Year Into 2nd Trump Admin

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    The U.S. Securities and Exchange Commission's whistleblower program continues to operate as designed, but its internal cadence, scrutiny of claims and operational structure reflect a period of recalibration, with precision mattering more than ever, say attorneys Scott Silver and David Chase.

  • Key Crypto Class Action Trends And Rulings In 2025

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    As the law continued to take shape in the growing area of crypto-assets, this year saw a jump in crypto class action litigation, including noteworthy decisions on motions to compel arbitration and class certification, according to Justin Donoho at Duane Morris.

  • NBA, MLB Betting Indictments: Slam Dunks Or Strikeouts?

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    Recent fraud charges against bettors, NBA players and MLB pitchers raise questions about what the government will need to prove to prosecute individuals involved in placing bets based on nonpublic information, and it could be a tough sell to juries, say attorneys at Ford O'Brien.

  • Series

    Knitting Makes Me A Better Lawyer

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    Stretching my skills as a knitter makes me a better antitrust attorney by challenging me to recalibrate after wrong turns, not rush outcomes, and trust that I can teach myself the skills to tackle new and difficult projects — even when I don’t have a pattern to work from, says Kara Kuritz at V&E.

  • Series

    The Biz Court Digest: Welcome To Miami

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    After nearly 20 years in operation, the Miami Complex Business Litigation Division is a pioneer upon which other jurisdictions in the state have been modeled, adopting many innovations to keep its cases running more efficiently and staffing experienced judges who are accustomed to hearing business disputes, say attorneys at King & Spalding.

  • 6 Ways To Nuke-Proof Litigation As Explosive Verdicts Rise

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    As the increasing number of nuclear verdicts continues to reshape the litigation landscape, counsel must understand how to create a multipronged defense strategy to anticipate juror expectations and mitigate the risk of outsize jury awards, say attorneys at Norton Rose.

  • Recent Proposals May Spell Supervision Overhaul For Banks

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    A slew of rules recently proposed by the federal banking agencies with approaching comment deadlines would rewrite supervision standards to be further tailored to banks' size and activities, while prioritizing financial risks over process, documentation and other nonfinancial risks, say attorneys at Davis Wright.

  • Navigating The New Patchwork Of Foreign-Influence Laws

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    On top of existing federal regulations, an expanding wave of state legislation — placing new limits on foreign-funded political spending and new registration requirements for foreign agents — creates a confusing compliance backdrop for corporations that demands careful preplanning, say attorneys at BakerHostetler.

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