The receiver in Arthur Nadel's Scoop Management Ponzi scheme has reached settlements with several defendants as he seeks to recoup $71 million in alleged false profits on behalf of the scheme's victims.
A former Chicago White Sox scouting executive and two former scouts for the baseball team in Latin America have been indicted on federal fraud charges for allegedly accepting $400,000 in kickbacks from prospective players.
Jurors in the bribery trial of Jack Abramoff associate Kevin Ring reportedly alerted the judge overseeing the case Wednesday that they were having trouble reaching a verdict, a development that comes more than year after another jury in the case admitted unanimity was impossible and forced a mistrial.
A judge has allowed a trustee to move forward with potentially thousands of new lawsuits seeking to recover assets from Bernard Madoff’s ex-customers in order to recoup funds for the notorious Ponzi schemer's bankruptcy estate.
Prosecutors have ripped Stryker Biotech LLC and several of its current and former executives for trying to dismiss criminal allegations that they falsely marketed devices used in invasive bone surgeries.
Ropes & Gray LLP has snared its fourth lateral partner since October, this time hiring white collar attorney Alexandre Rene away from Fulbright & Jaworski LLP for its government enforcement practice group.
There is no affirmative defense that a corporation can invoke, such as those available in civil cases, to mitigate liability for violations of federal employment laws and exposure for punitive damages. This does not provide incentive to businesses to self-police, says J.P. Hanlon, a leader in Baker & Daniels LLP's white collar criminal defense, corporate compliance and internal investigations practice gorup.
The chief executive of clothing distributor South Bay Apparel Inc. has renewed his bid for a more detailed accounting of the government’s case against him regarding an alleged $350 million kickback scheme with an Aeropostale Inc. executive.
A security officer for NASA has been charged with one count of wire fraud in connection with an alleged scheme to steal portable radios, monitors and projectors from the federal government and sell them on eBay.
A federal grand jury has indicted three South Korean former executives from a pair of companies, accusing them of taking part in an international conspiracy to fix prices on color display tubes used in computer monitors.
Family members of convicted money launderer Paul Monea have failed to convince a federal appeals court to reverse an order requiring Monea to forfeit a 43-carat diamond worth approximately $20 million to the federal government.
A former GlaxoSmithKline PLC attorney has been indicted for obstructing justice and lying to federal investigators in their probe of whether the drugmaker illegally marketed its antidepressant Wellbutrin SR for weight-loss purposes.
An attorney and a certified public accountant from Mesa, Ariz., have been sentenced to prison for setting up fake offshore trusts to hide money from the Internal Revenue Service.
A federal judge on Tuesday upbraided attorneys on both sides in the trial of a former Societe Generale SA trader accused of stealing the computer code to the bank's lucrative high-frequency trading program, criticizing the defense attorney's wide-ranging opening arguments and the government attorneys' failure to object.
A New York state prosecutor has accused the owners of a computer service business of defrauding a jazz composer and oil heir by tricking him into spending at least $6 million for computer data security and personal protection.
Ballard Spahr LLP is opening a San Diego office that will focus on general civil litigation and white collar cases.
New Jersey Gov. Chris Christie, previously a top prosecutor, was among five U.S. attorneys cited in a new U.S. Department of Justice report for routinely spending excessive funds on travel lodging between 2007 and 2009, a Christie spokesman told Law360 Tuesday.
The U.S. Environmental Protection Agency's Office of Criminal Enforcement has launched an investigation into a Tesoro Corp. refinery in Washington state where an April 2 explosion killed seven workers and resulted in a $2.39 million fine.
A second executive of Houston-based W Financial Group LLC has pled guilty to defrauding investors who bought more than $17 million worth of securities from the firm by misrepresenting the company's history and the safety of putting money in the debt obligations.
A co-founder of Global Procurement Inc. pled guilty Tuesday to charges stemming from a plot involving a U.S. Navy officer and bribes to win military contracts to renovate dining facilities in Iraq.