White Collar

  • June 29, 2026

    SEC Wins $5.4M Default In 1st Crypto 'Pig Butchering' Case

    The U.S. Securities and Exchange Commission has won its first suit targeting a type of crypto scam known as pig butchering with a roughly $5.4 million default judgment against NanoBit Limited and its related entities.

  • June 29, 2026

    SEC Fines Merrill Lynch $7.5M For Unfiled Reports

    Bank of America subsidiary Merrill Lynch will pay $7.5 million to settle claims from the U.S. Securities and Exchange Commission that it violated securities laws by failing to further investigate certain transactions processed by its suspicious activity detection system.

  • June 29, 2026

    $100M RICO Suit Is 'Classic' Sanctionable Activity, Attys Say

    A California business owner pursuing racketeering claims against his former business partner and a handful of lawyers and business entities should be sanctioned for bringing a frivolous suit with no standing and no legal basis, several of the defendants have told a San Diego federal judge.

  • June 29, 2026

    China Crackdown Spurred $100M Insider Trading, Suit Says

    A suit filed in New York federal court Monday alleges a group of unknown traders carried out a $100 million insider trading scheme tied to a Reuters report and other disclosures about a Chinese regulatory crackdown on cross-border securities platforms.

  • June 29, 2026

    Judge Limits Vegas Trip For BigLaw Insider Trading Defendant

    A Massachusetts federal magistrate judge said Monday a defendant described by prosecutors as a "lynchpin" in the BigLaw insider trading case must limit a planned visit to Las Vegas next month to just two nights, saying she also has "concerns about the validity" of a financial statement he provided to obtain a federal defender.

  • June 29, 2026

    Former FirstEnergy CEO Escapes SEC Fraud Suit

    The U.S. Securities and Exchange Commission's lawsuit against the former CEO of FirstEnergy Corp. has been thrown out by an Ohio federal judge who said the agency's securities fraud claims attempt to "enforce a disclosure regime where none presently exists."

  • June 29, 2026

    Chinese Exile Guo Gets 30 Years For $1.4B Fraud

    Exiled Chinese businessman and dissident Miles Guo on Monday was sentenced to 30 years in prison, after a Manhattan federal jury convicted him of defrauding investors of more than $1.4 billion in connection with what prosecutors say was "a criminal enterprise built on lies."

  • June 29, 2026

    Former NJ AG Pushes To End Suit Over Tossed RICO Case

    Former New Jersey Attorney General Matt Platkin asserts that a lawsuit from a former CEO indicted in New Jersey's now-dismissed criminal racketeering case against South Jersey power broker George E. Norcross III squarely implicates the protections afforded to prosecutors.

  • June 29, 2026

    Director Gets 2½ Years For 'Brazen' $11M Netflix Fraud

    A Manhattan federal judge sentenced a Hollywood director to 2.5 years in prison Monday, after a jury convicted him of taking $11 million from Netflix for a show that was never finished and squandering money on stock bets and luxuries.

  • June 29, 2026

    Tax Attys Cite Justices' Venue Ruling In Seeking 4th Circ. Redo

    A father-daughter attorney duo is asking the full Fourth Circuit to rethink their convictions in a $22 million tax avoidance scheme, arguing a U.S. Supreme Court decision that came down just two days after a panel affirmed their guilty verdicts supports their argument that prosecutors pursued charges in the wrong state.

  • June 29, 2026

    NBA Vet Beasley Among Latest Indicted In Gambling Dragnet

    Former NBA guard Malik Beasley has been indicted in the government's sprawling sports betting investigation, New York federal prosecutors announced Monday, alleging that the nine-year veteran manipulated his play to give gamblers an edge.

  • June 29, 2026

    Justices Clarify Geofence Warrant Standards

    The U.S. Supreme Court ruled Monday that geofence warrants, which compel technology companies to turn over users' location data to law enforcement, are "searches" under the Fourth Amendment.

  • June 29, 2026

    Justices Turn Away Case Challenging SEC's 'Gag Rule'

    The U.S. Supreme Court on Monday said it would not hear a constitutional challenge to a now-rescinded U.S. Securities and Exchange Commission policy that prohibited defendants from denying allegations against them when settling an enforcement action with the agency.

  • June 26, 2026

    Coercion Or Consent? A View From Inside The OneTaste Trial

    Coming in as lead counsel for OneTaste's former sales director four months ahead of ​the high-profile trial after previous lawyers were conflicted out, Celia Cohen and her Ballard Spahr LLP team were tasked with building a defense against a first-of-its-kind forced labor conspiracy case against top leaders ​of the "orgasmic meditation" organization​.

  • June 26, 2026

    'Millennial VC' Says Atty Failure Warrants New Fraud Trial

    A venture capitalist dubbed the "Millennial VC" asked a California federal judge for a new trial on charges he misappropriated $19 million, saying his trial counsel failed him by not considering hiring a forensic accountant to rebut a key government expert regarding the money trails that supposedly enabled wanton misspending.

  • June 26, 2026

    Bosch DOJ Declination Shows Benefits Of Early Self-Reporting

    The U.S. Department of Justice's recent decision not to prosecute German technology company Bosch for exporting products to a sanctioned Chinese company signals to businesses that prompt self-reporting to the government can help them secure a declination even for serious national security offenses.

  • June 26, 2026

    PACER Fees Will Rise To Fund Cyber Defense Upgrades

    The federal judiciary announced Friday it will temporarily increase the fees for electronic access to court records to pay for a potential $800 million upgrade that will modernize and strengthen court records systems PACER and CM/ECF, an upgrade it previously said is needed to respond to escalating cyberattacks.

  • June 26, 2026

    Georgia Cases To Watch In The Last Half Of 2026

    Georgia faces major litigation in the second half of 2026, including disputes over data center growth, PFAS contamination and whether companies can be forced to fund medical monitoring for people alleging no current injuries. Here, Law360 highlights some of the biggest cases to keep an eye on in the Peach State.

  • June 26, 2026

    Kalshi Loses Bid To Keep Mich. Gambling Suit In Fed. Court

    A Michigan federal judge has remanded to state court a suit by Michigan's attorney general against Kalshi over claims the prediction market platform is violating state gambling laws, finding Kalshi failed to sufficiently argue that the suit should remain in federal court.

  • June 26, 2026

    Judge Tells Feds To Justify Bid To Drop Adani Prosecution

    A New York federal judge Friday told prosecutors their "terse, bland, and conclusory statement" asking the court to drop a fraud case accusing several individuals of orchestrating a $250 million bribery scheme to secure lucrative Indian government renewable-energy contracts was not sufficient without further information.

  • June 26, 2026

    Messner Reeves Says $8.3M Fraud Suit Repeats Utah Case

    Colorado law firm Messner Reeves LLP has claimed in federal court that a lawsuit accusing it of stealing more than $8 million as part of a fraudulent loan scheme should be dismissed because the plaintiffs' Racketeer Influenced and Corrupt Organizations Act claims were dismissed by another court with prejudice.

  • June 26, 2026

    Ex-Celsius Exec Fights For Share Of D&O Defense Fund

    A former executive for the bankrupt cryptocurrency firm Celsius Network has told a New York federal court that he is entitled to directors and officers liability coverage for his costs defending a criminal case in which he pled guilty to manipulating the price of the firm's crypto token.   

  • June 26, 2026

    Supreme Court Pauses Fine In Journalist's Appeal

    The U.S. Supreme Court on Friday stayed a D.C. Circuit ruling upholding a civil contempt order against former Fox News journalist Catherine Herridge, further staving off a district judge's $800-per-day fine for refusing to expose her source.

  • June 26, 2026

    Wash. Healthcare Firm's Ex-CEO Admits To Embezzling $24M

    A former chief executive officer of Washington-based Community Clinic Network has pled guilty to wire fraud in Washington federal court, admitting he drained almost $24.4 million from the healthcare company's coffers, most of which he lost in a series of poor investment decisions.

  • June 26, 2026

    SEC Awards $20M To Securities Fraud Whistleblower

    The U.S. Securities and Exchange Commission has granted an award of about $20 million to a whistleblower for providing a tip to the agency about an alleged sophisticated securities manipulation scheme that led to an investigation, successful enforcement action and settlement.

Expert Analysis

  • Defense Counsel Options Widen As No-Bill Rate Increases

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    Citizens impaneled on grand juries in politically motivated cases who are reasserting their role as a critical check on state power could provide criminal defense attorneys an opportunity to pursue seldom-used preindictment strategies, say attorneys at Ballard Spahr.

  • Why Indicia Of Fraud Matter In Forensic Accountant Testimony

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    Amid federal probes into Minnesota social welfare programs and an elevated focus on detecting and prosecuting fraud, counsel must understand the professional and procedural lines that forensic accounting experts should not cross when analyzing evidence for indicia of fraud, say Kelly Bossard and George Saitta at FTI Consulting.

  • Justices' Ruling Stresses Quick Action Against Absconders

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    Following the U.S. Supreme Court's recent holding in Rico v. U.S. that a supervised release term is not automatically extended when a defendant absconds, probation officers and prosecutors risk being unable to address later violations if they don't act promptly to secure warrants, say attorneys at Winston & Strawn.

  • Series

    Calif. Banking Brief: All The Notable Legal Updates In Q1

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    As usual, California remained a hub for financial services activity in the first quarter of 2026, with key developments including the California Department of Financial Protection and Innovation's eye on consumer issues, a bill targeting "pig butchering" schemes, and jam-packed courts, say attorneys at Joseph Cohen.

  • Series

    Ultramarathons Make Me A Better Lawyer

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    Completing a 100-mile ultramarathon was tougher, more humbling and more rewarding than I ever imagined, and the experience highlighted how long-distance running has sharpened my ability to adapt to the evolving nature of antitrust law and strengthened my resolve to handle demanding, unforeseen challenges, says Dan Oakes at Axinn.

  • Key Takeaways From The 2026 ABA Antitrust Spring Meeting

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    Last week's American Bar Association Spring Meeting revealed an antitrust landscape defined by heightened friction and tension — between federal and state enforcers, domestic and international regimes, competing political visions, and traditional enforcement tools and novel challenges, say attorneys at Skadden.

  • State FARA Laws Pose Unique Constitutional Challenges

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    Several states have recently enacted foreign agent registration and disclosure regimes that were modeled after the Foreign Agents Registration Act, but these state laws raise several constitutional questions, including concerns about preemption, speech and petition, and vagueness, says Alexandra Langton at Covington.

  • Getting The Most Out Of Learning And Development Programs

    Excerpt from Practical Guidance
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    Junior associates can better develop the legal, business and interpersonal skills they need for long-term success by approaching their firms’ learning and development programs armed with five tips for getting the most out of these resources, says Lauren Hakala at Reed Smith.

  • 'A-C-T' Agenda Signals New Regulatory Era At SEC Speaks

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    At this year's SEC Speaks, U.S. Securities and Exchange Commission Chairman Paul Atkins unveiled his ambitious A-C-T agenda — advance, clarify and transform — to align the federal securities regulatory regime with modern markets, illustrating that the conference was not merely a status update but an action plan, say attorneys at Perkins Coie.

  • Opinion

    AI Presents A Make-Or-Break Moment For Outside Counsel

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    The rapid adoption of artificial intelligence by corporate legal departments is forcing a long-overdue reset of the relationship between inside and outside counsel, and introducing a significant opportunity to shed frustrating inefficiencies and strengthen collaboration for firms willing to embrace the shift, says Intel Chief Legal Officer April Miller Boise.

  • DOJ Actions Suggest Expansion Of Healthcare Enforcement

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    Recent actions by the U.S. Department of Justice and U.S. Food and Drug Administration suggest that federal healthcare enforcement efforts are moving away from traditional program-based fraud and toward cases centered on product integrity, regulatory transparency and telehealth marketing, effectively widening the government's enforcement playbook, say attorneys at MoFo.

  • Series

    Watching Hallmark Movies Makes Me A Better Lawyer

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    I realize you may be judging me for watching, and actually enjoying, Hallmark Channel movies, but the escapism and storylines actually demonstrate qualities and actions that lead to an efficient, productive and positive legal practice, says Karen Ross at Tucker Ellis.

  • Reel Justice: 'Mercy' And Private Surveillance As Evidence

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    The near-future depicted in the film “Mercy” reminds attorneys that private surveillance networks are becoming central to the evidentiary ecosystem, shaping what prosecutors can obtain, what defendants must explain and what jurors may interpret as objective truth, says Veronica Finkelstein at Wilmington University.

  • NY Bill Elevates Criminal Risk For 'Shadow' Crypto Firms

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    New York's proposed CRYPTO Act would expose unlicensed digital asset operators to criminal penalties ranging from state misdemeanor charges to felony convictions, potentially marking a significant shift in how New York — already among the most aggressive crypto regulators — oversees virtual currency businesses, say attorneys at Crowell & Moring.

  • Opinion

    AI Doc Ruling Got Privilege Analysis Wrong

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    Broad reasoning used by a New York federal judge in U.S. v. Heppner — to determine the criminal defendant's interactions with a generative artificial intelligence platform were not protected — mistakenly treats AI use as dispositive disclosure to a third party and adopts an unduly narrow conception of work product, say attorneys at Lankler Siffert.

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