White Collar

  • October 6, 2010

    Chinese Co. Shells Out $7.5M For Illegal HGH Sales

    A Chinese drug manufacturer and its chief executive pled guilty Wednesday to a charge that they illegally distributed human growth hormone in the United States, a move that will cost them $7.5 million.

  • October 6, 2010

    Western Titanium Can't Toss US Attys In Fraud Trial

    A federal judge refused Wednesday to disqualify prosecutors who Western Titanium Inc. says used privileged documents to construct a criminal fraud case alleging the company peddled low-grade titanium for fighter jets.

  • October 6, 2010

    Jury Convicts Contorinis In UBS Insider Trading Case

    A jury has convicted former Jefferies Group Inc. hedge fund manager Joseph Contorinis of securities fraud and conspiracy charges in connection with allegedly using inside tips from a UBS AG employee to make $7 million on Albertsons Inc. stock.

  • October 6, 2010

    5th Circ. Says Judge Erred In Bribery Testimony Finding

    An appeals court ruled Wednesday that a former political operative can be questioned about his bribery and obstruction of justice convictions, should he testify during his trial in a separate racketeering case.

  • October 6, 2010

    FBI Agent Defends Galleon Wiretap Application

    An FBI agent who spearheaded the investigation into the alleged Galleon Group insider trading ring testified Wednesday in a hearing over wiretap evidence in the case, defending a decision to omit certain information from an application for the probes.

  • October 6, 2010

    SNR Denton Scores 5 Laterals On Heels Of Tie-Up

    SNR Denton, the global powerhouse formed from Sonnenschein Nath & Rosenthal LLP and U.K.-based Denton Wilde Sapte LLP, has landed five partners, including an ex-prosecutor, two patent litigators, a technology deals expert, and an antitrust and trade regulation specialist.

  • October 6, 2010

    Former Hartford, Conn., Mayor Appeals Conviction

    Former Hartford, Conn., Mayor Eddie A. Perez has appealed his conviction for government corruption, arguing that his rights were unduly prejudiced by the consolidation of two charges into one trial.

  • October 6, 2010

    Madoff Family Seeks To Shut Down $200M Lawsuit

    Lawyers for family members of Bernard L. Madoff sought to fend off a litigation trustee's $200 million avoidance action on Wednesday, arguing that the Ponzi schemer's sons should be lauded — not sued — for turning in their father.

  • October 6, 2010

    Q&A With Bingham McCutchen's Michael Levy

    A renewed focus by prosecutors on serving justice, not just winning a case, would do much to reform the white collar criminal justice system, says Michael N. Levy, co-chairman of Bingham McCutchen LLP's white collar investigations and enforcement practice group.

  • October 6, 2010

    Art Dealer Sentenced To Probation In $2M Picasso Fraud

    California art dealer Tatiana Khan, who was accused of making a $2 million sale on a fake Pablo Picasso painting, has been sentenced to five months probation after pleading guilty to making false statements in connection with her investigation.

  • October 6, 2010

    After Judge Charged, Accused Fraudster Wants Stay

    A man accused of bilking investors out of more than $7.4 million is asking Judge Jack T. Camp Jr. to recuse himself or stay the case until the federal judge resolves criminal charges alleging he bought illegal drugs with an exotic dancer who he paid for sex.

  • October 6, 2010

    SEC Asks Judge To Pull Plug On Alleged Fraudster

    The U.S. Securities and Exchange Commission is seeking a temporary restraining order and asset freeze against New Jersey-based investment advisory firm CGC Advisors LLC and principal Carlo Chiaese, who has surrendered to authorities on charges that he used client funds to fuel a life of luxury.

  • October 6, 2010

    4 Keys To Handling Whistleblower Claims

    With the financial reform bill's new economic incentive for whistleblowers, properly advising a client on how to deal with an informant has become one of the most valuable services a lawyer can provide, experts say.

  • October 5, 2010

    SocGen's Rogue Trader Gets 3 Years In Jail

    Jerome Kerviel, the former Societe Generale trader blamed for huge losses at the bank in 2008, was sentenced Tuesday by a French judge to serve at least three years in prison and to pay back the entire €4.9 billion ($6.7 billion) that his rogue dealings allegedly cost SocGen.

  • October 5, 2010

    CB Richard Says Workers In China Paid Local Officials

    Global real estate services firm CB Richard Ellis Group Inc. said Tuesday that some of its employees in China may have violated U.S. anti-bribery laws, including the Foreign Corrupt Practices Act, by buying gifts and covering entertainment expenses for local government officials.

  • October 5, 2010

    Asset Freeze Bids Surge In Post-Madoff Era

    With the recent rash of high-profile cases ramping up the pressure on the U.S. government to recover funds for duped investors, prosecutors are becoming increasingly aggressive in their efforts to freeze the assets of white collar defendants before going to trial, attorneys say, even if it means leaving the accused with no money to defend themselves.

  • October 5, 2010

    Stryker Says FDA Has Docs That Will Exonerate It

    Documents held by the U.S. Food and Drug Administration will likely help clear Stryker Biotech LLC and several former and current employees of criminal charges that they fraudulently marketed unapproved bone growth products, their defense attorneys have said.

  • October 5, 2010

    US Seeks To Squash Schemer's Acquittal Plea

    Prosecutors have blasted a convicted securities fraudster's request for acquittal in a case alleging he helped bilk investors of more than $500 million in a hedge fund scheme, saying the jury was right to convict.

  • October 5, 2010

    Q&A With Dinsmore & Shohl's Michael Crites

    Congress needs to slow down and measure its increasing propensity to over-criminalize corporate law, says D. Michael Crites, leading partner in Dinsmore & Shohl LLP's white collar and government investigations group.

  • October 5, 2010

    Judge Defends 'Disparities' In Fraud Sentences

    A federal judge has decried a push by the U.S. Department of Justice for the government to reform sentencing guidelines in high-loss fraud crimes, arguing that prosecutors already possess tools to reverse what the DOJ called “unwarranted disparities” in fraud sentences.