White Collar

  • May 24, 2011

    Ex-Xinhua Finance Board Member Denies Insider Trading

    A former Xinhua Finance Ltd. board member on Tuesday entered a plea of not guilty to charges in Washington federal court that he participated in an insider trading scam that defrauded investors out of $50 million and that he lied to investigators.

  • May 24, 2011

    Ex-J&G Attys, Others Convicted In Tax Shelter Case

    Two former Jenkens & Gilchrist PC attorneys, accounting firm BDO Seidman's former CEO and a Deutsche Bank AG employee were convicted Tuesday by a New York federal jury for selling illegal tax shelters to wealthy clients in an alleged plot that ultimately destroyed the law firm.

  • May 24, 2011

    Ex-Massey Security Head Pleads Not Guilty To Lying To FBI

    Hughie E. Stover, Massey Energy Co.'s former security chief, pled not guilty Tuesday to lying to investigators and the FBI during their investigation of the deadly April 2010 Upper Big Branch Mine explosion in West Virginia.

  • May 24, 2011

    Ex-UBS Client Gets Probation In Tax Shelter Case

    Federal prosecutors in New Jersey announced Tuesday that a former UBS AG client had avoided prison time for concealing more than $1 million in Swiss bank accounts, instead receiving three years of probation and 12 months under house arrest.

  • May 24, 2011

    Sullivan & Cromwell Picks Up London White Collar Pro

    Louise Delahunty, a Simmons & Simmons LLP partner who helped advise the British Parliament on implementing the U.K. Bribery Act, is moving to the London office of Sullivan & Cromwell LLP, the New York-based firm said Tuesday.

  • May 24, 2011

    Feds Subpoena NYT Reporter In CIA Leak Case

    Federal prosecutors in Virginia are seeking to force a New York Times reporter to testify at the upcoming trial of an ex-CIA officer accused of leaking classified information to him about an operation to disrupt Iran's nuclear weapons program.

  • May 24, 2011

    Dreier Victim Can't Shirk Forged $6M Hedge Fund Deal

    A New York bankruptcy court on Monday scuttled technology investor Paul Gardi’s attempt to undo a $6.3 million settlement with JANA Partners LLC that jailed ex-attorney Marc Dreier contrived in order to steal the funds for his Ponzi scheme.

  • May 23, 2011

    Judge Won't Move Madoff Trustee's JPMorgan Suit

    A New York federal judge said Monday that she — not a bankruptcy judge — must determine if the trustee liquidating Bernard L. Madoff's investment company has standing to pursue his $6.4 billion lawsuit against JPMorgan Chase & Co.

  • May 23, 2011

    Madoff Investor Can't Stop $7.2B Picower Forfeiture

    A federal judge in New York on Monday denied a Bernard L. Madoff investor's request to intervene and challenge the $7.2 billion forfeiture action against the estate of Jeffry Picower, a longtime investor in Madoff's Ponzi scheme.

  • May 23, 2011

    NY AG Expands Power Over Gov't Spending Corruption

    New York State Attorney General Eric Schneiderman said Monday his office would have expanded authority to investigate public corruption involving taxpayer money in a pact with the state comptroller.

  • May 23, 2011

    Tenn. Financial Adviser Gets 6 Years For $11M Ponzi

    A Tennessee federal judge on Monday sentenced a former adviser at failed Tennessee financial services company J.C. Reed & Co. to six years in prison for swindling mostly elderly investors in an $11 million Ponzi scheme.

  • May 23, 2011

    Goffer Never Knew Ropes & Gray Tipster: Atty

    Attorneys for Zvi Goffer and other defendants in a New York insider trading case spun off from the Galleon Group LLC probe on Monday painted a former Ropes & Gray LLP patent lawyer who participated in the scheme as clueless.

  • May 23, 2011

    Ex-Fed Looks To Revive Case Over Leaked DOJ Info

    A former federal prosecutor filed a notice of appeal in Washington federal court Monday to revive his suit claiming the U.S. Department of Justice destroyed his reputation by illegally leaking information about an ethics investigation into a terrorism case he handled.

  • May 23, 2011

    US Nets 1st Guilty Plea In Massive Poker Probe

    A man accused of aiding a scheme by poker companies to defraud banks pled guilty in New York on Monday to conspiracy to commit fraud and other crimes, becoming the first suspect in the multibillion-dollar scandal to admit wrongdoing.

  • May 23, 2011

    Balli Told To Cough Up Rest Of $15M Iran Export Fine

    The U.S. ordered Balli Group PLC on Thursday to pay by early June the remaining $7.2 million of its $15 million fine for illegally exporting commercial aircraft to Iran, after the company was late in paying its most recent installment.

  • May 23, 2011

    Innospec Can't Shake Antitrust Claims Over Iraq Bribery

    A Virginia federal judge Friday rejected Innospec Inc.'s bid to cut state antitrust and conspiracy claims from a lawsuit filed by a rival after the fuel additive company admitted to paying bribes to Iraqi and Indonesian government officials in violation of U.S. anti-corruption laws.

  • May 23, 2011

    Dechert Snags State Appellate Judge For NY Office

    Dechert LLP said Monday that Judge James M. McGuire, an associate justice in the First Judicial Department of New York state’s Appellate Division, has chosen the firm’s New York office as the destination for his new securities-oriented private practice.

  • May 23, 2011

    Arent Fox Snags Dorsey & Whitney White Collar Pro

    A longtime white collar and government investigations partner with experience in employment law is moving from Dorsey & Whitney LLP to Arent Fox LLP's litigation practice in New York.

  • May 23, 2011

    Blagojevich Seeks Mistrial Over Cross-Examination

    Former Illinois Gov. Rod Blagojevich asked a federal judge on Monday for a mistrial, claiming the judge tied his attorneys' hands by denying certain lines of questioning during cross-examinations of government witnesses.

  • May 20, 2011

    PGA Blasts Stanford Trustee's $13M Clawback Suit

    Professional golf organization PGA Tour Inc. on Wednesday denounced the receiver for accused Ponzi schemer Robert Allen Stanford’s estate for filing a lawsuit in Texas seeking to recover about $13 million Stanford paid to sponsor a golf tournament.