White Collar

  • September 24, 2024

    Combs Accused Of Filming Woman's Rape In New Suit

    Hip-hop mogul Sean "Diddy" Combs was hit with a civil suit in New York federal court Tuesday alleging he and his former head of security raped a woman in 2001, recorded the assault and later disseminated the video.

  • September 24, 2024

    Ex-Ohio Zoo Worker Gets Jail Time For Role In $2.3M Theft

    The former purchasing agent for Ohio's Columbus Zoo and Aquarium was sentenced to 60 days in jail following his guilty plea for his role in a $2.3 million embezzlement scheme involving the zoo's top executives, Ohio Attorney General Dave Yost has announced.

  • September 24, 2024

    Judge Won't Yet Set New Trial For AT&T Exec After Hung Jury

    An Illinois federal judge declined Tuesday to set a new bribery trial date for an AT&T executive accused of illegally influencing former Illinois House Speaker Michael Madigan, saying he first wanted to take a "serious look" at the defense's forthcoming motion for acquittal after jurors failed to reach a unanimous verdict last week.

  • September 24, 2024

    A Lawyer Promised Clients Fast Action. Then He 'Disappeared'

    Dozens of ex-clients of a Florida lawyer have accused him of orchestrating a racketeering scheme in which clients were duped into paying nonrefundable retainer fees for legal services that were never delivered, allegedly causing a couple to lose their home while others lost custody of their children.

  • September 24, 2024

    Star Witness Against Bankman-Fried Gets 2 Years In FTX Case

    A Manhattan federal judge sentenced former cryptocurrency executive Caroline Ellison to two years in prison Tuesday, crediting her decision to testify against FTX founder Sam Bankman-Fried but saying the $11.2 billion fraud was too big to warrant a "get out of jail free card."

  • September 24, 2024

    Favre Parkinson's Reveal Overshadows Welfare Fraud Hearing

    Hall of Fame quarterback Brett Favre revealed he has Parkinson's disease during a congressional hearing on misuse of welfare funds, where he was overwhelmingly lauded and escaped tough questions about his alleged involvement in a sprawling Mississippi welfare scandal.

  • September 24, 2024

    NJ Power Broker Says AG's 'Crime Thriller' Lacks A Crime

    Powerful New Jersey businessman George E. Norcross III Tuesday called the Garden State's 111-page indictment alleging he led a scheme to strong-arm the acquisition of waterfront property in Camden through threats of economic and reputational harm a "crime thriller with no crime," and said it must be dismissed.

  • September 24, 2024

    Sentencing For Sen. Menendez, 2 Associates Delayed 3 Mos.

    Former U.S. Sen. Bob Menendez and two businessmen will be sentenced in 2025 following the trio's conviction on bribery charges, according to a New York federal court order that pushed the dates back three months.

  • September 24, 2024

    SEC, CFTC Issue $118M Fines In Latest Text Message Actions

    Federal regulators said Tuesday that the Canadian Imperial Bank of Commerce and nearly a dozen other financial firms have agreed to pay fines totaling nearly $120 million to settle recordkeeping violations tied to employee use of unapproved communication methods like text messages to conduct business.

  • September 23, 2024

    Judge Grants Ex-Admiral, Contractors Separate Bribery Trials

    The Washington, D.C., federal court agreed on Monday to sever a retired Navy admiral's bribery trial from that of the defense contractors he is accused of steering federal contracts toward.

  • September 23, 2024

    'Ghost Candidate' Testifies In Trial Against Ex-Fla. Sen.

    Attorneys for former Florida Senator Frank Artiles tried to poke holes Monday in witness Alex Rodriguez's credibility, painting him as a liar who was trying to scam Artiles instead of an unwitting participant in Artiles' scheme to prop him up as a "ghost candidate" to swing a state senate election to a Republican candidate.

  • September 23, 2024

    Bipartisan Senate Bill Would Extend Pandemic IG's Life

    A bipartisan group of senators introduced a bill Monday to extend the pandemic watchdog five years beyond its March sunset, which the office has been asking for continuously.

  • September 23, 2024

    Suit Says LAPD Stormed Medical Office Looking For Pot

    The Los Angeles Police Department "maliciously" raided an X-ray and imaging clinic in North Hollywood, erroneously thinking it was an illicit marijuana grow site, destroying an MRI machine in the process, according to a lawsuit filed in California federal court.

  • September 23, 2024

    DOJ Adds AI Risk To Corporate Compliance Program

    The U.S. Department of Justice's Criminal Division is now weighing how companies manage risk related to artificial intelligence and potentially stymie whistleblowers, one of several updates to the division's policies on evaluating corporate compliance programs announced by a senior official on Monday.

  • September 23, 2024

    House Swipes Right On Online Dating Safety Bill

    The House passed a bipartisan bill via voice vote Monday requiring dating apps to inform users when they're talking with fraudsters.

  • September 23, 2024

    USC Lies Fueled 'Varsity Blues' Case, Exec Says In $75M Suit

    A private equity executive who beat most charges in the "Varsity Blues" college admissions case hit the University of Southern California with a $75 million California state court suit, claiming he was duped into making a donation that ensnared him in the scandal.

  • September 23, 2024

    Todd & Weld Partner To Probe Mass. Police Academy Death

    A Todd & Weld LLP partner has been tapped to conduct an independent investigation into the death of a Massachusetts police recruit during a training exercise earlier this month, Attorney General Andrea Joy Campbell announced Monday.

  • September 23, 2024

    NC Man Gets 100 Mos. For Fleecing Attys In 'Collection' Scam

    A North Carolina man has been sentenced to more than eight years in federal prison after a Pennsylvania jury found him guilty on charges of mail, bank and wire fraud stemming from an international scheme to bilk attorneys out of millions of dollars.

  • September 23, 2024

    Shkreli Told To Provide More Info On Wu-Tang Album Copies

    A Brooklyn federal judge on Monday ordered Martin Shkreli to update the court on how many tracks he copied from a one-of-a-kind Wu-Tang Clan album after the cryptocurrency group that now owns the work argued Shkreli could be holding out on surrendering all his copies amid the parties' legal battle.

  • September 23, 2024

    Feds Ask To File Up To 180-Page Brief On Trump Immunity

    Federal prosecutors are seeking permission from a D.C. federal judge to file a lengthy brief making the case that Donald Trump is not immune from charges of election interference, telling the court that the "substantially drafted" motion won't be longer than 180 pages.

  • September 23, 2024

    Autism Played Role In Bankman-Fried Case, 2nd Circ. Told

    A group of experts on neurodiversity told the Second Circuit that Sam Bankman-Fried, who has said he has autism and attention deficit hyperactivity disorder, may have been hurt at trial by a "cognitive and communication style" that at times frustrated the trial judge.

  • September 23, 2024

    Julie Chrisley Fights For Sentence Cut After 11th Circ. Ruling

    Former reality TV star Julie Chrisley asked a Georgia federal judge on Friday to resentence her to no more than five years for her role in a $36 million tax evasion and fraud scheme, arguing against prosecutors' insistence that the seven-year sentence she was previously given be kept intact.

  • September 23, 2024

    Letterman Enjoys Jury Service, But Not Picked For Fraud Trial

    David Letterman was excused from a Manhattan federal jury pool Monday ahead of the trial of a businessman accused of defrauding NBA athletes including former Los Angeles Laker Dwight Howard, after a lawyer said his son had interacted with the late-night television legend.

  • September 23, 2024

    Journalists Say EBay Can't ID Sources In Stalking Case

    A Massachusetts couple who were harassed by a group of eBay Inc. employees over their negative blog posts about the company said they shouldn't have to turn over the names of confidential sources purportedly scared off by the ordeal.

  • September 20, 2024

    NY Judge Resigns Amid Ethics Charges of Corruption, Abuse

    A New York state judge in Westchester County has agreed to resign from the bench after the New York Commission on Judicial Conduct charged him last month with multiple counts of judicial misconduct, including dismissing traffic tickets for friends, sexually harassing a newly appointed judge, and berating court staffers and attorneys.

Expert Analysis

  • How Companies Are Approaching Insider Trading Policies

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    An analysis of insider trading policies recently disclosed by 49 S&P 500 companies under a new U.S. Securities and Exchange Commission rule reveals that while specific provisions vary from company to company, certain common themes are emerging, say attorneys at Gibson Dunn.

  • How Methods Are Evolving In Textualist Interpretations

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    Textualists at the U.S. Supreme Court are increasingly considering new methods such as corpus linguistics and surveys to evaluate what a statute's text communicates to an ordinary reader, while lower courts even mull large language models like ChatGPT as supplements, says Kevin Tobia at Georgetown Law.

  • 5 Ways To Confront Courtroom Technology Challenges

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    Recent cybersecurity incidents highlight the vulnerabilities of our reliance on digital infrastructure, meaning attorneys must be prepared to navigate technological obstacles inside the courtroom, including those related to data security, presentation hardware, video playback and more, says Adam Bloomberg at IMS Legal Strategies.

  • ESA Ruling May Jeopardize Gulf Of Mexico Drilling Operations

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    A Maryland federal court's recent decision in Sierra Club v. National Marine Fisheries Service, vacating key Endangered Species Act analyses of oil and gas operations in the Gulf of Mexico, may create a gap in guidance that could expose operators to enforcement risk and even criminal liability, say attorneys at Holland & Knight.

  • Navigating New Enforcement Scrutiny Of 'AI Washing'

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    The U.S. Securities and Exchange Commission's recent lawsuit against Joonko Diversity, its first public AI-focused enforcement action against a private company, underscores the importance of applying the same internal legal and compliance rigor to AI-related claims as other market-facing statements, say attorneys at Fried Frank.

  • Avoiding Corporate Political Activity Pitfalls This Election Year

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    As Election Day approaches, corporate counsel should be mindful of the complicated rules around companies engaging in political activities, including super PAC contributions, pay-to-play prohibitions and foreign agent restrictions, say attorneys at Covington.

  • Why Attorneys Should Consider Community Leadership Roles

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    Volunteering and nonprofit board service are complementary to, but distinct from, traditional pro bono work, and taking on these community leadership roles can produce dividends for lawyers, their firms and the nonprofit causes they support, says Katie Beacham at Kilpatrick.

  • 'Pig Butchering': The Scam That Exploits Crypto Confusion

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    Certain red flags can tip off banks to possible "pig-butchering," and with the scam's increasing popularity, financial institutions need to take action to monitor entry points into the crypto space, detect suspicious activity and provide a necessary backstop to protect customers, say Brandon Essig and Mary Parrish McCracken at Lightfoot Franklin.

  • Opinion

    Agencies Should Reward Corporate Cyber Victim Cooperation

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    The increased regulatory scrutiny on corporate victims of cyberattacks — exemplified by the U.S. Securities and Exchange Commission's case against SolarWinds — should be replaced with a new model that provides adequate incentives for companies to come forward proactively and collaborate with law enforcement, say attorneys at McDermott.

  • Firms Must Offer A Trifecta Of Services In Post-Chevron World

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    After the U.S. Supreme Court’s Loper Bright Enterprises v. Raimondo decision overturning Chevron deference, law firms will need to integrate litigation, lobbying and communications functions to keep up with the ramifications of the ruling and provide adequate counsel quickly, says Neil Hare at Dentons.

  • 5 Ways Life Sciences Cos. Can Manage Insider Trading Risk

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    In light of two high-profile insider trading jury decisions against life sciences executives this year, public companies in the sector should revise their policies to account for regulators' new and more expansive theories of liability, says Amy Walsh at Orrick.

  • How Ripple Final Judgment Fits In Broader Crypto Landscape

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    The Southern District of New York's recent $125 million civil penalty levied in U.S. Securities and Exchange Commission v. Ripple will have a broad impact on the crypto industry as it was the first to hold that blind sales of digital assets are not securities, even if deemed securities in other circumstances, say attorneys at BakerHostetler.

  • 5 Tips To Succeed In A Master Of Laws Program And Beyond

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    As lawyers and recent law school graduates begin their Master of Laws coursework across the country, they should keep a few pointers in mind to get the most out of their programs and kick-start successful careers in their practice areas, says Kelley Miller at Reed Smith.

  • Assessing Whether Jarkesy May Limit FINRA Prosecutions

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    The U.S. Supreme Court’s recent decision in Jarkesy v. U.S. Securities and Exchange Commission, holding that civil securities fraud defendants are entitled to jury trials, may cause unpredictable results when applied to Financial Industry Regulatory Authority prosecutions, say Barry Temkin and Kate DiGeronimo at Mound Cotton.

  • When Trauma Colors Testimony: How To Help Witnesses

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    As stress-related mental health issues continue to rise, trial attorneys must become familiar with a few key trauma-informed strategies to help witnesses get back on track — leaning in to the counselor aspect of their vocations, say Ava Hernández and Steve Wood at Courtroom Sciences.

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