White Collar

  • August 10, 2010

    Spongetech Execs Plead Not Guilty In Fraud Case

    Two top executives of bankrupt maker of soap-filled sponges Spongetech Delivery Systems Inc. have denied any wrongdoing in a criminal case alleging securities fraud and other claims, according to a source.

  • August 10, 2010

    Skadden Must Produce Documents In Quellos Case

    A federal judge has ordered Skadden Arps Slate Meagher & Flom LLP to produce documents related to work it did for Quellos Group LLC in connection with an alleged tax shelter.

  • August 9, 2010

    Cozen O'Connor Adds Insurance, White Collar Pros

    Cozen O'Connor announced Monday it had added three attorneys to its roster: two white collar criminal defense veterans from Meyer Suozzi English & Klein PC and former Cigna Reinsurance lead counsel Robert Tomilson.

  • August 9, 2010

    FEMA Trailer Resellers May Face Criminal Probe: FTC

    The Federal Trade Commission says resellers of formaldehyde-contaminated trailers previously owned by the Federal Emergency Management Agency may face criminal penalties for concealing potential health risks from purchasers.

  • August 6, 2010

    Tobacco Cos. Pay $28.5M To Settle Bribe Charges

    Tobacco companies Universal Corp. Inc. and Alliance One International Inc. will pay a combined $14 million in criminal fines and disgorge $14.5 million in profits to resolve parallel suits alleging they paid bribes to Thailand and other foreign governments to win business, officials said Friday.

  • August 5, 2010

    Jailed Agriprocessor Ex-CEO Seeks New Trial

    Sholom Rubashkin, the former Agriprocessors Inc. CEO convicted of 86 counts of financial fraud in the aftermath of a sweeping immigration raid on an Iowa kosher slaughterhouse, asked Thursday for a new trial, saying his trial judge worked with prosecutors to plan the raid.

  • August 4, 2010

    Starr Ponzi Scheme Trial Postponed To 2011

    Attorneys have postponed the criminal trial of Kenneth Ira Starr until next year, when the former financial adviser will face a jury on charges that he stole $59 million from his celebrity clients in a Ponzi scheme.

  • August 4, 2010

    Tobacco Exec Pleads Guilty To Bribing Kyrgyz Officials

    Executive Bobby Jay Elkin Jr. has admitted to paying bribes to foreign officials to win business in Kyrgyzstan for tobacco merchant Dimon Inc.

  • August 4, 2010

    4th Chi Mei Exec To Serve Time For Price-Fixing Plot

    The former vice president of sales for Taiwan-based Chi Mei Optoelectronics Corp. has agreed to plead guilty and serve nine months in prison for conspiring to fix the prices of thin film transistor liquid crystal displays, the U.S. Department of Justice said Wednesday.

  • August 3, 2010

    NY Art Dealer Gets 18 Years For $120M Fraud

    A former Manhattan art gallery owner was sentenced Tuesday to as long as 18 years in prison for his role in a long-running scheme that swindled investors and art dealers out of $120 million.

  • August 3, 2010

    Court Seeks More Details In Intel Trade Secrets Case

    A federal judge has ordered the U.S. government and an engineer charged with stealing trade secrets worth more than $1 billion from Intel Corp. to provide more information about the allegedly stolen secrets in an effort to resolve the parties' “vastly different” views about their significance.

  • August 2, 2010

    US Says It Has Given Stanford More Than Enough Docs

    Federal prosecutors are objecting to document requests filed by counsel for alleged Ponzi schemer Robert Allen Stanford, saying the demands extend far beyond the government's discovery obligations.

  • August 2, 2010

    US Says Rothstein's Ponzi Victims Owed $188M

    Victims of former attorney Scott W. Rothstein's Ponzi scheme are owed more than $188 million in restitution, the U.S. government says.

  • August 2, 2010

    McKinsey Wire-Transfer Defendant Fails In New Trial Bid

    A former McKinsey & Co. consultant convicted of illegally transferring money to Iran has failed to persuade a judge to grant him a new trial on the contention that the prosecutors changed their story during the proceedings and misled jurors by focusing on just one transaction.

  • July 30, 2010

    Miami Exec Gets Prison Time For Haiti Bribe Scheme

    A Miami businessman was sentenced to 57 months in prison Friday for his role in a scheme to bribe former officials of Haiti's state-owned Telecommunications D’Haiti in order to win business for three Miami telecoms.

  • July 30, 2010

    Pay-To-Play Criminal Case To Continue For Ex-NY Aide

    A New York state judge has upheld most of the 90 counts leveled against one of the key players in an alleged kickback scheme involving New York’s largest pension fund, including bribery, enterprise corruption, money laundering and securities law violations.

  • July 30, 2010

    WG Exec's Due Process Argument Fails In Seizure Spat

    Former WG Trading Co. executive Stephen Walsh, who is accused of participating in a $554 million investment fraud, failed to convince a judge Friday that prosecutors deliberately sidestepped due process rights when they obtained numerous seized documents.

  • July 30, 2010

    Offshore To Pay $2M For Dumping Oil Waste

    Offshore Service Vessels LLC will pay $2.1 million now that it has pled guilty to deliberately dumping thousands of gallons of oil waste from an ice-breaking vessel into international waters in 2004 and 2005, the U.S. Department of Justice said Friday.

  • July 30, 2010

    Northwest To Pay $38M In Cargo Price-Fixing Probe

    Northwest Airlines has agreed to plead guilty and pay a $38 million fine for its role in a price-fixing conspiracy for international air cargo rates that has ensnared the industry and prompted 15 other airlines to cop deals.

  • July 29, 2010

    Ex-Kaye Scholer Atty Indicted For Bankruptcy Fraud

    A grand jury indicted a former Kaye Scholer LLP partner Thursday on charges of bankruptcy fraud, alleging he represented a now-defunct Utah steel mill during two Chapter 11 filings while conducting numerous business deals with a New York investment firm that had a hefty stake in the company.