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White Collar
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December 09, 2025
FTX Customers Seek Final OK For $10M Deal With Silvergate
Customers of failed crypto exchange FTX asked a California federal judge to give final approval to a $10 million settlement resolving claims that Silvergate Bank and its parent company enabled the multibillion-dollar FTX fraud, saying the deal represents the best, and likely only, meaningful recovery available from the now-bankrupt lender.
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December 09, 2025
Ga. Atty Quits Law, Avoiding Client Cash Misuse Charges
The Supreme Court of Georgia accepted an attorney's surrender of her law license Tuesday after she admitted she overdrew her client trust account and improperly mingled funds to cover personal and business expenses.
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December 09, 2025
Feds Only Proved 'Messy' Friendship, Not Bribery, Jury Hears
A former suburban police chief urged Illinois jurors Tuesday to clear him of bribery and obstruction charges over $10,000 in cash he allegedly accepted, split and later tried to cover as a $7,000 loan, saying the "absolute inconsistencies" in witness testimony prove prosecutors are reaching for a conviction.
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December 09, 2025
7th Circ. Denies Tax Evader's New Trial Over Disciplined Atty
A man convicted of tax fraud will not get a new trial based on his lawyer's removal from the Seventh Circuit Bar two months after his conviction in an unrelated case, the appellate court ruled Tuesday, saying the discipline must relate to his own defense.
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December 09, 2025
Marsh Rival Wants Out Of Employee Poaching Scheme Suit
An insurance company accused by Marsh & McLennan Agency of poaching an employee has asked a Manhattan federal judge to dismiss Marsh's suit, saying the court had no jurisdiction because the claims had not been sufficiently tied to New York.
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December 09, 2025
Combs' Defamation Suit Unlikely To Be Tossed, Judge Says
Sean "Diddy" Combs' $50 million defamation suit accusing a grand jury witness, a lawyer and Nexstar Media Inc. of spreading falsities is likely to survive the defendants' motion to dismiss, at least in part, a Manhattan federal judge said Tuesday.
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December 09, 2025
MVP: Keker's Elliot Peters
Elliot Peters, a partner at San Francisco trial firm Keker Van Nest & Peters LLP, achieved an acquittal for a Palm Springs, California, developer accused of bribery, and guided a former Arnold & Porter Kaye Scholer LLP partner to a favorable result after being sued by Denmark, earning him a spot as one of the 2025 Law360 White Collar MVPs.
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December 09, 2025
Insurer Says Whistleblower Stole Docs In Medicare FCA Case
An insurer accused of running a kickback scheme to steer customers to its Medicare Advantage plan is seeking to question the whistleblower that sparked the False Claims Act suit, telling a Massachusetts federal judge on Tuesday that he snapped unauthorized photos of company files.
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December 08, 2025
Ex-NY Gov. Aide's Mom Says Alleged FARA Cash Wasn't Dirty
The mother of a former top aide to New York governors Monday told a Brooklyn federal jury large amounts of cash she held were from legitimate sources, as opposed to prosecutors' claim it was tied to her daughter's alleged scheme to secretly further the People's Republic of China's interests.
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December 08, 2025
Trump To Let Nvidia Sell H200 Chips To China For 25% Cut
The U.S. will allow Nvidia to export its H200 chip to certain customers in China in exchange for the U.S. getting a 25% cut from sales, President Donald Trump announced Monday.
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December 08, 2025
NBA's Rozier Denies Guilt As Feds Eye Gambling Plea Talks
Miami Heat guard Terry Rozier on Monday denied charges that he conspired with five other men to defraud betting companies by agreeing to exit a game so that gamblers could win bets on his performance, as Brooklyn federal prosecutors floated plea negotiations.
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December 08, 2025
What To Do When Jurors Don't 'Trust The Science'
The pandemic and initiatives from the second administration of President Donald Trump challenging decades of established scientific norms have made science more politicized, and attorneys say picking a jury and presenting scientific evidence is increasingly challenging.
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December 08, 2025
SEC Nabs $7M Fraud Judgment Against Titanium Blockchain
The U.S. Securities and Exchange Commission has secured a more than $7 million final judgment against Titanium Blockchain Infrastructure Services Inc. in a securities fraud suit, more than three years after the founder and CEO of the purported cryptocurrency investment platform pled guilty to his involvement in a related $21 million initial coin offering scheme.
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December 08, 2025
Eversheds Adds Ex-SDNY Atty As Investigations Co-Leader
Eversheds Sutherland has added a former assistant U.S. attorney from the Southern District of New York to co-lead its corporate crime and investigations practice, the firm announced.
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December 08, 2025
SEC Says Hedge Fund Manager's Driver Ran $1M Fraud
A former administrative assistant at a New York hedge fund has agreed to settle U.S. Securities and Exchange Commission allegations that he caused three investors to lose $1 million after falsely holding himself out as a financial professional at the firm, when in fact he was just a personal driver to the firm's founder.
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December 08, 2025
Habba Resigns As Acting US Atty After DQ Ruling At 3rd Circ.
Alina Habba stepped down Monday as acting U.S. attorney for New Jersey following a Third Circuit ruling that she was unlawfully appointed to the position, with the U.S. Department of Justice unveiling that a trio of officials will take on her responsibilities.
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December 08, 2025
Litigation Funder Says Attys Hid Deal To Evade $1.5M Payout
A Florida-based litigation funder has sued two California attorneys and a law firm, alleging they secretly settled a client's civil dispute and steered the money so they wouldn't have to repay over $1.5 million.
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December 08, 2025
'Red Flags' Give 2nd Circ. Pause In NBA Health Fraud Appeal
A Second Circuit panel appeared skeptical Monday of arguments by two former NBA players convicted of defrauding a league healthcare plan that they were tricked into participating by the scheme's leader, saying the trial evidence included "red flags."
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December 08, 2025
MVP: A&O Shearman's Katherine Stoller
Katherine Stoller of Allen Overy Shearman Sterling has helped Danske Bank navigate the aftermath of its $2 billion settlement in a major financial fraud scandal and worked closely with Binance Holdings Ltd.'s outside monitor after a more than $4 billion resolution in a high-profile anti-money laundering and sanctions violations case, earning her a spot among the 2025 Law360 White Collar MVPs.
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December 08, 2025
Hi-Tech Pharma, CEO Want New Trial In Feds' Fraud Case
A health supplement company's CEO, who was largely acquitted of federal fraud and conspiracy charges last month, asked a Georgia federal judge Friday to toss the lone conviction he faced, arguing that allowing the charge to stand "would constitute a miscarriage of justice."
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December 08, 2025
Insurer Needn't Cover Jewish Group's $7.5M Wire Fraud Claim
A Jewish nonprofit organization isn't entitled to coverage for a fraudulent $7.5 million wire transfer, a Maryland federal court ruled, finding that its policy's extended reporting period was not active when it submitted the claim due to the start of another insurance program.
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December 08, 2025
One Sotheby's Agent Tells Jurors $3.7M Theft Was Not Fraud
A former One Sotheby's International Realty agent accused of stealing $3.7 million in proceeds from the sale of a Miami-area beachfront luxury condo told jurors Monday that while there may have been wrongdoing on his part, there was no fraud.
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December 05, 2025
Feds Wrap Up FARA Case Against Ex-NY Gov. Aide Linda Sun
Brooklyn federal prosecutors on Friday rested their case against a former top aide to New York Gov. Kathy Hochul and former Gov. Andrew Cuomo, after about three weeks of trial over alleged violations of the Foreign Agents Registration Act and other charges.
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December 05, 2025
Fla. Judge OKs Release Of Epstein Grand Jury Transcripts
A Florida federal judge on Friday ordered the release of grand jury transcripts from an investigation of late sex offender Jeffrey Epstein, citing a newly enacted law that the government said overrides a prohibition on disclosing the documents to the public.
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December 05, 2025
Calif. Agency Hires Ex-DOJ Crypto Enforcement Director
The California Department of Financial Protection and Innovation has brought on a new general counsel who previously served in leadership positions with the U.S. Department of Justice, including director of its cryptocurrency enforcement team.
Expert Analysis
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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.
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Protecting Sensitive Court Filings After Recent Cyber Breach
In the wake of a recent cyberattack on federal courts' Case Management/Electronic Case Files system, civil litigants should consider seeking enhanced protections for sensitive materials filed under seal to mitigate the risk of unauthorized exposure, say attorneys at Redgrave.
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DOJ Chemical Seizure Shows Broad Civil Forfeiture Authority
The U.S. Department of Justice’s recent seizure of meth precursor chemicals en route from China to Mexico illustrates the U.S. government's powerful jurisdictional reach to seek forfeiture of cartel-related assets, and company compliance programs must take note, say attorneys at White & Case.
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Series
NC Banking Brief: All The Notable Legal Updates In Q3
There were several impactful changes to the financial services landscape in North Carolina in the third quarter of the year, including statutory updates, enforcement developments from Office of the Commissioner of Banks, and notable mergers, acquisitions and branch expansions, say attorneys at Moore & Van Allen.
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Despite Fraud Focus, SEC Still Targeting Technical Violations
The U.S. Securities and Exchange Commission under Chairman Paul Atkins has emphasized its back-to-basics strategy, focusing on identifying and combating fraud and manipulation, but at the same time, it has continued to pursue nonfraud-based actions targeting technical rule violations, a trend that will likely continue, say attorneys at Morgan Lewis.
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Series
NY Banking Brief: All The Notable Legal Updates In Q3
Of note in the third quarter of the year, New York state regulators moved forward on their agendas to limit abuse of electronic banking, including via a settlement with stablecoin issuer Paxos and a lawsuit against Zelle alleging insufficient security measures, says Chris Bonner at Barclay Damon.
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High Court Right-To-Counsel Case Could Have Seismic Impact
The U.S. Supreme Court will hear arguments next week in Villarreal v. Texas about whether prohibiting testimony discussions between defendants and their counsel during an overnight recess violates the Sixth Amendment, and the eventual decision could impose a barrier in the attorney-client relationship, say attorneys at Arnold & Porter.
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Series
Judging Figure Skating Makes Me A Better Lawyer
Judging figure skating competitions helps me hone the focus, decisiveness and ability to process complex real-time information I need in court, but more importantly, it makes me reengage with a community and my identity outside of law, which, paradoxically, always brings me back to work feeling restored, says Megan Raymond at Groombridge Wu.
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Series
Calif. Banking Brief: All The Notable Legal Updates In Q3
The third quarter of 2025 brought legislative changes to state money transmission certification requirements and securities law obligations, as well as high-profile accounting and anti-money laundering compliance enforcement actions by the Department of Financial Protection and Innovation, say attorneys at Ropes & Gray.
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What Ethics Rules Say On Atty Discipline For Online Speech
Though law firms are free to discipline employees for their online commentary about Charlie Kirk or other social media activity, saying crude or insensitive things on the internet generally doesn’t subject attorneys to professional discipline under the Model Rules of Professional Conduct, says Stacie H. Rosenzweig at Halling & Cayo.
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Kimmel 2nd Circ. Victory Holds Novel Copyright Lessons
The Second Circuit's recent decision in Santos v. Kimmel, dismissing a copyright infringement claim against Kimmel for airing Cameo videos recorded by former U.S. Rep George Santos, examines the unusual situation of copyrighted works created at the request of the alleged infringer, say attorneys at Venable.
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2 Rulings Highlight IRS' Uncertain Civil Fraud Penalty Powers
Conflicting decisions from the U.S. Tax Court and the Northern District of Texas that hinge on whether the IRS can administratively assert civil fraud penalties since the U.S. Supreme Court’s 2024 decision in SEC v. Jarkesy provide both opportunities and potential pitfalls for taxpayers, says Michael Landman at Bird Marella.
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Junior Attys Must Beware Of 5 Common Legal Brief Mistakes
Excerpt from Practical Guidance
Junior law firm associates must be careful to avoid five common pitfalls when drafting legal briefs — from including every possible argument to not developing a theme — to build the reputation of a sought-after litigator, says James Argionis at Cozen O'Connor.