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White Collar
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									October 23, 2025
									Full 5th Circ. Asked To Rehear Texas Bankers' OCC DisputeTwo former Texas bankers have asked the full Fifth Circuit to revive their constitutional challenge to an in-house Office of the Comptroller of the Currency enforcement case, arguing that the appellate panel's decision to reject their appeal wrongly stripped them of their right to a jury trial and handed banking agencies "unlimited discretion" to prosecute old misconduct. 
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									October 23, 2025
									Ex-ComEd CEO Asks 7th Circ. For Bail Pending AppealFormer Exelon Utilities and Commonwealth Edison CEO Anne Pramaggiore has renewed her request to remain out of jail while she seeks to unwind her criminal conviction and two-year prison sentence, this time asking the Seventh Circuit for bond ahead of her December surrender date. 
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									October 23, 2025
									SEC Being Misled In CBD Fraud Fight, CEO ClaimsThe U.S. Securities and Exchange Commission has "unwittingly" taken the side of a former partner with a terminated licensing agreement, a pharmaceutical CEO told a California federal court this week, asking for summary judgment on the SEC's core claims that he defrauded investors. 
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									October 23, 2025
									SEC Accuses Hedge Fund Manager Of $2.7M Fraud SchemeThe U.S. Securities and Exchange Commission accused a New York-based investment adviser of using two companies to defraud over 25 investors out of $2.7 million with false promises of positive returns. 
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									October 23, 2025
									1st Circ. Affirms Navy Officer Conviction In Afghan Visa ScamThe First Circuit affirmed a New Hampshire jury's conviction of a U.S. Navy Reserve officer who participated in a scheme to provide letters of recommendation for Afghans seeking visas to enter the United States in exchange for money. 
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									October 23, 2025
									Mich. Defense Atty Charged With Smuggling Drugs Into PrisonA Michigan criminal defense lawyer has been accused of attempting to smuggle drugs into a state prison during a client visit, according to court records. 
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									October 23, 2025
									Feds, Ex-Magellan CEO Still Split Over Sentencing FactorsLawyers for a former Magellan Diagnostics CEO and the government are still at odds over whether a judge should consider the product mislabeling charge she pled guilty to in March to be tantamount to fraud — an assertion the defense says is an attempt by prosecutors to "shoehorn" in allegations never put to proof. 
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									October 23, 2025
									Court Won't Rethink 'Survivor' Winner's $3M Tax BillA Rhode Island federal judge won't reconsider his opinion that the first winner of reality show "Survivor" must pay $3.3 million in taxes, maintaining that it is unclear whether the federal government can take his sister's property to pay down the debt. 
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									October 23, 2025
									Trump Pardons Convicted Binance Founder Changpeng ZhaoPresident Donald Trump has pardoned the convicted Binance founder Changpeng Zhao, a move that could open the door for Zhao to return to Binance if he so chooses, and for the crypto exchange to renegotiate the terms of its own plea deal, experts said Thursday. 
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									October 23, 2025
									NBA Coach Billups, Guard Rozier Arrested In Gambling BustChauncey Billups, the head coach of the NBA's Portland Trail Blazers, and Terry Rozier, a point guard with the Miami Heat, have been arrested on federal gambling charges in what the FBI on Thursday called a "sweeping" and "historic" Mafia-linked crackdown. 
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									October 22, 2025
									EDGAR Filer Worker Cops To Insider Trading ConspiracyA former employee of a company that handles U.S. Securities and Exchange Commission filings for public companies has pled guilty to insider trading in connection with federal prosecutors' charges he used nonpublic information to buy up shares of issuers poised to announce positive news. 
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									October 22, 2025
									Crypto Exchange Fined $126.4M For AML Violations In CanadaA Canadian financial regulator on Wednesday ordered crypto exchange Cryptomus to pay a 177 million Canadian dollar ($126.4 million) penalty to resolve anti-money laundering compliance claims, many of which concern transactions connected to sex trafficking and fraud. 
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									October 22, 2025
									Hi-Tech Pharma Fraud Charges Just A 'Paper Case,' Jury ToldA Georgia-based dietary supplement outfit and its longtime CEO urged a Peach State jury Wednesday to acquit them of charges that they forged regulatory documents and slipped prescription drugs into their pills, deriding the federal charges against them as "regulation by prosecution." 
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									October 22, 2025
									Ex-Mars Candy Exec Must Forfeit Accounts After $28M FraudA former Mars Inc. risk executive who pled guilty to a $28.4 million wire fraud and tax evasion scheme must forfeit eight personal financial accounts subject to third-party objections within 30 days, according to a preliminary order signed by a Connecticut federal judge. 
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									October 22, 2025
									States Back Boston Hospital In Fight Over Trans Care RecordsA group of states backed a Boston hospital in its bid to block the Trump administration from accessing transgender care records, warning a federal judge that allowing the government's request could expose a wide variety of doctors to criminal charges. 
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									October 22, 2025
									OCC Drops $10M Fine, Ban In Wells Fargo Ex-Exec DealThe Office of the Comptroller of the Currency has agreed to end a long-running case accusing a former Wells Fargo risk officer of failing to prevent the bank's fake accounts scandal, striking a deal that drops its pursuit of a $10 million fine and industry ban. 
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									October 22, 2025
									Jury Convicts Man In $200M Counterfeit Smuggling SchemeA California federal jury has convicted a man of participating in a scheme to smuggle as much as $200 million worth of counterfeit luxury items into the U.S. through the ports of Los Angeles and Long Beach. 
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									October 22, 2025
									Baker Donelson Hires CFPB Veteran In DCBaker Donelson Bearman Caldwell & Berkowitz PC has hired for its Washington, D.C., team a 12-year veteran of the Consumer Financial Protection Bureau who brings more than two decades of legal experience working on financial services matters. 
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									October 22, 2025
									Feds Fight Early Release For Atty Convicted Of $550M FraudFederal prosecutors on Tuesday opposed compassionate release of a Kentucky lawyer who fled the country after pleading guilty to a $550 million Social Security fraud scheme, telling the Sixth Circuit that the lawyer's medical conditions are being adequately treated in prison and the seriousness of his crimes warranted more time behind bars. 
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									October 22, 2025
									Ex-NY AGs Say James Case Will Rally Office: 'Fuel To The Fire'New York Attorney General Letitia James' criminal prosecution is unlikely to have any significant effect on the day-to-day operations of her office, including its suits against the federal government and an appeal in President Donald Trump's nearly $500 million civil fraud case, but former leaders of the office say it could strengthen the resolve of her staff. 
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									October 22, 2025
									Montana Tribe's $325K Public Safety Bid Too High, Feds SayThe federal government says it has provided every available dollar to the Northern Cheyenne Tribe for criminal investigations and telecommunications services, arguing that a decision to only partially fund the tribe's contract proposal is consistent with the spirit and letter of the Indian Self-Determination and Education Assistance Act of 1975. 
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									October 22, 2025
									Kirkland Partner, Ex-Sen. Cornyn Counsel Tapped For US AttyA Dallas-based Kirkland & Ellis LLP litigation partner who previously served as U.S. Sen. John Cornyn's chief counsel has been nominated as U.S. attorney for the Northern District of Texas. 
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									October 22, 2025
									La. Justice Faces Questions On Campaigns At Nom HearingTwo nominees for Louisiana federal court positions appeared before the U.S. Senate Judiciary Committee on Wednesday, including a state Supreme Court justice who faced Democratic questions about the election process for his current role. 
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									October 22, 2025
									Ex-Conn. School Buildings Official Convicted Of CorruptionA federal jury on Wednesday convicted Connecticut's former school construction director on corruption charges, agreeing with prosecutors that Konstantinos "Kosta" Diamantis accepted bribes, committed extortion and lied to both the FBI and the IRS about payments he admitted accepting from two construction firms. 
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									October 21, 2025
									Angola Faces $171M Claim Over Alleged Turbine SeizureThe Portuguese founder of Aenergy SA is seeking up to $171 million in damages after Angola allegedly seized four turbines associated with $1.1 billion in power plant contracts, an ill-fated deal that led to a fraud conviction in New York and jail time for a former GE Power executive. 
Expert Analysis
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								6th Circ. FirstEnergy Ruling Protects Key Legal Privileges  The Sixth Circuit’s recent grant of mandamus relief in In re: First Energy Corp. confirms that the attorney-client privilege and work-product protections apply to internal investigation materials, ultimately advancing the public interest, say attorneys at Cooley. 
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								Series Law School's Missed Lessons: Client Service  Law school teaches you how to interpret the law, but it doesn't teach you some of the key ways to keeping clients satisfied, lessons that I've learned in the most unexpected of places: a book on how to be a butler, says Gregory Ramos at Armstrong Teasdale. 
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								Mass. Ruling May Pave New Avenue To Target Subpoenas  A Massachusetts federal court’s recent decision to quash a subpoena seeking information on gender-affirming care at Boston Children’s Hospital is a significant departure from courts' deferential approach to subpoena enforcement, and may open a new pathway for practitioners challenging investigative tools in the future, say attorneys at Gibson Dunn. 
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								Enter The Wu-Tang Ruling That May Change Trade Secret Law  A New York federal court's recent holding that a Wu-Tang Clan album qualifies as a trade secret provides the first federal framework for analyzing trade secret claims involving assets valued primarily for exclusivity, potentially reshaping Defend Trade Secrets Act jurisprudence for the digital economy, says Jason Bradford at Jenner & Block. 
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								What Justices' Bowe Ruling Could Mean For Federal Prisoners  Bowe v. U.S. — set for oral argument before the U.S. Supreme Court on Oct. 14 — presents the high court with two consequential questions about the Anti-Terrorism and Effective Death Penalty Act's successive-petition regime that will be immediately relevant to federal postconviction practice, says attorney Elizabeth Franklin-Best. 
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								How Financial Cos. Can Prep As NYDFS Cyber Changes Loom  Financial institutions supervised by the New York State Department of Financial Services can prepare for two critical cybersecurity requirements relating to multifactor authentication and asset inventories, effective Nov. 1, by conducting gap analyses and allocating resources to high-risk assets, among other steps, say attorneys at Pillsbury. 
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								Shutdown May Stall Hearings, But Gov't Probes Quietly Go On.jpg)  Thanks to staff assurances under the Government Employee Fair Treatment Act, the core work of congressional investigations continues during the shutdown that began Oct. 1 — and so does the investigative work that is performed behind closed doors on Capitol Hill, say attorneys at Jenner & Block. 
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								Series Adapting To Private Practice: 3 Tips On Finding The Right Job  After 23 years as a state and federal prosecutor, when I contemplated moving to a law firm, practicing solo or going in-house, I found there's a critical first step — deep self-reflection on what you truly want to do and where your strengths lie, says Rachael Jones at McKool Smith. 
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								Strategies For Defending Banks In Elder Abuse Cases  Several recent cases demonstrate that banks have plenty of tools to defend against claims they were complicit in financial abuse of older adults, but financial institutions should also continue to educate customers about third-party scams before they happen, say attorneys at Troutman. 
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								Justices May Decide Whether Restitution Is A Punishment  Forthcoming oral argument before the U.S. Supreme Court in Ellingburg v. U.S. will focus on whether criminal restitution qualifies as criminal punishment under the U.S. Constitution — a key question as restitution has expanded in reach and severity, while providing little meaningful compensation for victims, says Lula Hagos at George Washington University Law School. 
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								Series Painting Makes Me A Better Lawyer  Painting trains me to see both the fine detail and the whole composition at once, enabling me to identify friction points while keeping sight of a client's bigger vision, but the most significant lesson I've brought to my legal work has been the value of originality, says Jana Gouchev at Gouchev Law. 
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								NY AML Rules Get Crypto Rebrand: What It Means For Banks  A recent letter from the New York State Department of Financial Services outlining how banks can use blockchain analytics in anti-money laundering efforts is a reminder that crypto activity is not exempted from banks' role in keeping the financial system safe, says Katherine Lemire at Lankler Siffert. 
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								Courts Are Still Grappling With McDonnell, 9 Years Later  The Seventh and D.C. Circuits’ recent decisions in U.S. v. Weiss and U.S. v. Paitsel, respectively, demonstrate that courts are still struggling to apply the U.S. Supreme Court’s 2016 ruling in McDonnell v. U.S., which narrowed the scope of “official acts” in federal bribery cases, say attorneys at Quinn Emanuel. 
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								Compliance Pointers Amid Domestic Terrorism Clampdown  A recent presidential memorandum marks a shift in federal domestic-terrorism enforcement that should prompt nonprofits to enhance diligence related to grantees, vendors and events, and financial institutions to shore up their internal resources for increased suspicious-activity monitoring and reporting obligations, say attorneys at Morgan Lewis. 
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								Understanding And Managing Jurors' Hindsight Bias  Hindsight bias — wherein events seem more predictable after the fact than they were beforehand — presents a persistent cognitive distortion in jury decision-making, but attorneys can mitigate its effects at trial through awareness, repetition and framing, say consultants at Courtroom Sciences. 
