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White Collar
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December 15, 2025
High Court Won't Review Doctor 'Upcoding' Acquittal Decision
The U.S. Supreme Court said Monday that it won't review a decision allowing a retrial of a Maryland doctor who was initially found guilty of a COVID-19 testing scheme but then secured an acquittal.
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December 15, 2025
Supreme Court Declines Cannabis Ban Review
The U.S. Supreme Court on Monday declined to hear a case challenging the federal marijuana ban, leaving in place a high court precedent that has governed cannabis policy for 20 years.
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December 12, 2025
DC Circ. Unsure Lower Court Could Toss Bergdahl Conviction
The D.C. Circuit seemed to have doubts Friday morning about a lower court's decision to throw out the court-martial conviction and sentence of U.S. Army Sgt. Bowe Bergdahl, who was captured by the Taliban after deserting his post in Afghanistan.
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December 12, 2025
Hollywood Director Convicted Of $11M Fraud Against Netflix
Film and television director Carl Erik Rinsch was convicted on charges he defrauded Netflix out of $11 million secured to make a sci-fi television show he never delivered, according to the U.S. Attorney's Office for the Southern District of New York.
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December 12, 2025
DOJ Shake-Up Keeps Criminal Tax Meetings, Ex-Official Says
The U.S. Department of Justice — despite recently eliminating its Tax Division as part of a broad restructuring — continues to meet with practitioners representing clients who may face federal criminal tax charges, the former division chief said Friday.
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December 12, 2025
IRS To Revamp Voluntary Disclosure Program
The Internal Revenue Service will be updating a program early next year that would allow taxpayers to voluntarily report previously undisclosed income as a way to resolve their tax issues to facilitate a simpler reporting process, the agency's criminal enforcement chief said Friday.
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December 12, 2025
NY Developer Charged In $8.5M Pandemic Loan Fraud
A New York real estate developer fraudulently obtained $8.5 million worth of COVID-19 pandemic relief loans and spent the money on two seven-bedroom homes in the Hamptons, diamond jewelry and paying off personal and business debts, Massachusetts federal prosecutors said Friday.
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December 12, 2025
1st Circ. Affirms Ex-ADI Engineer's Trade Secrets Conviction
The First Circuit has affirmed a former Analog Devices Inc. engineer's trade secrets conviction, ruling that the indictment's reference to a specific microchip model did not preclude a guilty verdict based on his possession of schematics for its prototype.
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December 12, 2025
11th Circ. Scrutinizes Qui Tam History In FCA Challenge
The Eleventh Circuit Friday weighed both the history of whistleblower laws going back to the nation's founding and recent U.S. Supreme Court commentary on qui tam litigation in a closely watched challenge to the False Claims Act.
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December 12, 2025
Ex-Rabobank Exec Will Press For Fees From OCC At 9th Circ.
A former Rabobank compliance official will make another attempt to force the Office of the Comptroller of the Currency to pick up the tab for her legal fees for the office's now-abandoned enforcement proceeding, which she says cost her millions of dollars to defend.
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December 12, 2025
Cayuga Nation RICO Win Overshadowed By Pot Shop Verdict
The Cayuga Nation suffered a partial loss Thursday when a New York federal jury essentially sided with a tribal citizen and his partner, who were operating an illicit smoke shop, finding that although the business owners did violate RICO, the damages they incurred due to a tribal police seizure were far worse.
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December 12, 2025
Bogus AI Hedge Fund Chief Finalizes $4.1M SEC Deal
A self-styled hedge fund CEO who pled guilty to scamming investors with claims that his firm used artificial intelligence for its high-frequency trading strategy has finalized a parallel $4.1 million settlement with the U.S. Securities and Exchange Commission, though the debts would be considered satisfied by his criminal restitution, a Brooklyn federal judge said Friday.
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December 12, 2025
MVP: Sullivan & Cromwell's Nicolas Bourtin
Sullivan & Cromwell LLP's Nicolas Bourtin played a key role in the dismissal of all criminal charges in a foreign bribery case against the ex-general counsel for Cognizant Technology Solutions Corp., and helped TD Bank reach a historic resolution in a criminal probe of its anti-money laundering program, securing him a spot as one of the 2025 Law360 White Collar MVPs.
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December 12, 2025
Del. US Atty Resigns Citing 'Politics,' Successor Appointed
The acting U.S. Attorney for Delaware said Friday that she is resigning, citing "a highly politicized, flawed blue-slip tradition" for nominees and saying she "fully" supports her first assistant, who has been appointed by a federal judge to succeed her.
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December 12, 2025
Higgs Fletcher Forms White Collar, Regs Enforcement Team
San Diego-based law firm Higgs Fletcher & Mack LLP has launched a white collar crime and regulatory enforcement defense practice group, citing heightened regulatory scrutiny in the financial and healthcare sectors and rising enforcement risks for licensed professionals and institutions.
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December 12, 2025
Dems Demand Release Of 2nd Jack Smith Report
Democrats on the House Judiciary Committee wrote to Attorney General Pam Bondi on Friday demanding she release the second volume of former special counsel Jack Smith's report on President Donald Trump's retention of classified documents after he left office the first time.
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December 11, 2025
9th Circ. Upholds Apple App Store Injunction In Epic Fight
The Ninth Circuit mostly affirmed an injunction blocking Apple Inc. from charging developers "prohibitive" commissions on iPhone app purchases made outside its systems on Thursday, handing Epic Games Inc. a partial win in their hotly contested compliance fight while agreeing with Apple that the injunction's commissions ban and certain restrictions are punitive and overbroad.
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December 11, 2025
Feds Reportedly Fail To Reindict NY AG Letitia James, Again
New York Attorney General Letitia James' attorney Thursday celebrated reports that another Virginia federal grand jury declined to reindict her on charges of mortgage fraud, the second jury in a week to reject a case President Donald Trump had pushed prosecutors to pursue against a political opponent he's called "guilty as hell."
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December 11, 2025
Ex-Abercrombie CEO Headed For Competency Hearing
A New York federal judge said Thursday she will hold a competency hearing for former Abercrombie & Fitch Co. CEO Michael Jeffries to see whether he can stand trial on sex trafficking charges, following recent findings that he's overcome his earlier incompetency.
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December 11, 2025
SEC Gets Amended $32M Win In Real Estate Fraud Suit
A Florida federal judge on Dec. 11 granted the U.S. Securities and Exchange Commission's bid for an amended $32 million default judgment against three companies owned by two French half-brothers accused of misappropriating $40 million from investors in a real estate investment fraud scheme, and entered a final judgment against one of the brothers.
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December 11, 2025
SEC Must Provide Names To Compliance Chief In Fraud Suit
An Illinois federal judge on Thursday ordered the U.S. Securities and Exchange Commission to comply with a chief compliance officer's request for the names of agency staffers familiar with his whistleblower claims as he defends allegations that he played a role in a purportedly fraudulent stock offering by a "sham" energy company.
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December 11, 2025
Ill. State Sen. Fends Off Bribery Retrial With Government Deal
A sitting Illinois state senator who was set for a criminal bribery retrial has agreed instead to enter a deferred prosecution agreement that will see his federal case dismissed next year as long as he follows certain conditions without issue and pays the U.S. government $6,800.
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December 11, 2025
Mass. Woman Charged With Theft Of $1M IRS Refund Check
A Massachusetts woman has been arrested on allegations that she set up a bogus corporation and a bank account in a scheme to steal a tax refund check for nearly $1 million that she says she was sent by a man she met online, federal prosecutors announced Thursday.
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December 11, 2025
Fed Terminates 3 Actions Against Credit Suisse, JPMorgan
The Federal Reserve said Thursday that it has terminated a trio of enforcement actions against Credit Suisse Group AG and JPMorgan Chase & Co., lifting consent orders that were tied to alleged illicit finance practices and trade surveillance failures.
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December 11, 2025
5th Circ. Backs Man's Convictions In $3.6M Fraud Scheme
The Fifth Circuit upheld conspiracy convictions for a Dallas man accused of fleecing a bank out of $3.6 million in renewed business loans, after rejecting his argument that the jury's learning of his brother's guilty plea tainted his case, ruling Wednesday that the plea did not directly implicate the man in the conspiracy.
Expert Analysis
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AI Evidence Rule Tweaks Encourage Judicial Guardrails
Recent additions to a committee note on proposed Rule of Evidence 707 — governing evidence generated by artificial intelligence — seek to mitigate potential dangers that may arise once machine outputs are introduced at trial, encouraging judges to perform critical gatekeeping functions, say attorneys at Lankler Siffert & Wohl.
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Terrorist Label For Maduro Poses New Risks For US Firms
The State Department's recent designation of President Nicolás Maduro, and other Venezuelan government and military officials, as members of a foreign terrorist organization drastically increases the level of caution companies must exercise when doing business in the region to mitigate potential civil, criminal and regulatory risk, say attorneys at Freshfields.
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Series
The Law Firm Merger Diaries: Getting The Message Across
Communications and brand strategy during a law firm merger represent a crucial thread that runs through every stage of a combination and should include clear messaging, leverage modern marketing tools and embrace the chance to evolve, says Ashley Horne at Womble Bond.
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How High Court Could Upend Campaign Spending Rules
In National Republican Senatorial Committee v. Federal Election Commission, the U.S. Supreme Court will hear arguments about the constitutionality of coordinated party contribution spending caps, and its decision will have immediate practical effects just as the 2026 election gets underway, says Bill Powers at Spencer Fane.
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How Bank-Fintech Partnerships Changed In 2025
The 2025 transition to the Trump administration, augmented by the reversal of Chevron deference in 2024, has resulted in unprecedented shifts, and bank-fintech partnerships are no exception, with key changes affecting a number of areas including charters, regulatory oversight and anti-money laundering, say attorneys at K&L Gates.
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Opinion
Horizontal Stare Decisis Should Not Be Casually Discarded
Eliminating the so-called law of the circuit doctrine — as recently proposed by a Fifth Circuit judge, echoing Justice Neil Gorsuch’s concurrence in Loper Bright — would undermine public confidence in the judiciary’s independence and create costly uncertainty for litigants, says Lawrence Bluestone at Genova Burns.
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10 Commandments For Agentic AI Tools In The Legal Industry
Though agentic artificial intelligence has demonstrated significant promise for optimizing legal work, it presents numerous risks, so specific ethical obligations should be built into the knowledge base of every agentic AI tool used in the legal industry, says Steven Cordero at Akerman LLP.
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Series
Preaching Makes Me A Better Lawyer
Becoming a Gospel preacher has enhanced my success as a trial lawyer by teaching me the importance of credibility, relatability, persuasiveness and thorough preparation for my congregants, the same skills needed with judges and juries in the courtroom, says Reginald Harris at Stinson.
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Why Digital Asset Treasuries Are Drawing Regulator Concerns
Financial regulators’ recent focus on potential insider trading and investor risk at hundreds of publicly traded digital asset treasuries may have been summoned by how quickly this rapidly expanding market responds to asset allocation decisions, as well as variations in risk disclosure practices across the sector, say attorneys at The Brattle Group.
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How Unchecked AI Exposes Expert Opinions To Exclusion
A growing number of cases illustrate the potential for misuse of artificial intelligence tools by experts in litigation, resulting in reports with hallucinated information or unexplainable analysis, so to embrace the efficiencies AI tools introduce without falling victim to the risks, attorneys and experts should implement a few best practices, say attorneys at Willkie Farr.
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Minn. Financial Abuse Law Should Prompt Operational Review
A new Minnesota law targeting the financial exploitation of vulnerable adults with an order-for-protection mechanism will affect multiple functions across banking organizations, and in the time remaining in 2025, banks should take action to update any needed workflow and documentation protocols, say attorneys at Winthrop & Weinstine.
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SEC Penalties Trended Down In FY 2025, Offering 2026 Clues
The U.S. Securities and Exchange Commission's settled corporate penalties in fiscal year 2025 show a clear dividing line, as the largest penalties all came before Inauguration Day, a trend that may continue as the types of cases that lead to the biggest penalties seem to be no longer favored by the commissioners, say attorneys at Dentons.
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Series
Law School's Missed Lessons: Practicing Client-Led Litigation
New litigators can better help their corporate clients achieve their overall objectives when they move beyond simply fighting for legal victory to a client-led approach that resolves the legal dispute while balancing the company's competing out-of-court priorities, says Chelsea Ireland at Cohen Ziffer.
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A Primer On NYDFS' 3rd-Party Cybersecurity Guidance
The New York Department of Financial Services' recently released comprehensive guidance for registrants on managing cybersecurity risks associated with third-party service providers illustrates why proactive engagement by senior leadership, robust due diligence, strong contractual protections and ongoing oversight are essential to mitigating growing risks, say attorneys at McGuireWoods.
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Perspectives
Nursing Home Abuse Cases Face 3 Barriers That Need Reform
Recent headlines reveal persistent gaps in oversight and protection for vulnerable residents in long-term care, but prosecution of these cases is often stymied by numerous challenges that will require a comprehensive overhaul of regulatory, legal and financial structures to address, says Veronica Finkelstein at Wilmington University.