White Collar

  • February 17, 2017

    Ex-Obama Adviser, Uber Strategist Fined $90K Over Lobbying

    The city of Chicago’s ethics board hit former President Barack Obama adviser David Plouffe with a $90,000 fine for lobbying city officials on behalf of Uber Technologies Inc. without registering as a lobbyist or reporting his activity.

  • February 17, 2017

    High Court Urged To Rule On Latest 'Crime Of Violence' Case

    The U.S. Supreme Court should take up a Sixth Circuit ruling that a federal statute defining a “crime of violence” is unconstitutionally vague, but delay review until the justices decide another deportation case examining the same question, the federal government said this week.

  • February 16, 2017

    Witness Accused Of Misconduct At Ballplayer Smuggling Trial

    Signals are exchanged silently throughout baseball games, between catchers and pitchers and coaches and players around the diamond, but the suggestion that a ballplayer was receiving signals while testifying in the player smuggling trial of an agent and trainer raised tensions in a Miami courtroom Thursday.

  • February 16, 2017

    Jury Finds Chinese Scientist Guilty In Stolen Seeds Plot

    A Kansas federal jury on Thursday found a Chinese agricultural scientist guilty of three charges related to a conspiracy to steal cutting-edge rice seeds from a biopharmaceutical research facility in order to send them back to his native country.

  • February 16, 2017

    Galanis Father, Son In Gerova Scam Get 6 Years Each

    During back-to-back hearings Wednesday, a New York federal judge sentenced father fraudster John Galanis and his swindling scion Derek Galanis to six years each in prison for their roles in the $20 million Gerova Financial Group Ltd. pump-and-dump scheme.

  • February 16, 2017

    Judge To Seat Texas AG's Jury Amid Claims He Tainted Pool

    A Texas judge presiding over a felony securities fraud case against Texas Attorney General Ken Paxton said Thursday he wants to try to appoint a local jury in an upcoming trial despite the prosecution’s concerns that the jury pool in Paxton’s home county is tainted, according to media reports.

  • February 16, 2017

    Facebook CEO, GC Keep Win Against Atty's Defamation Claim

    An attorney who accused Mark Zuckerberg and Facebook’s general counsel of defamation over a newspaper quote about their malicious prosecution action against him saw his case tossed by a California appellate panel on Wednesday after the panel ruled that the statement qualified as protected communication to the press.

  • February 16, 2017

    1 Jailed, 2 Get Probation In Hacking-For-Spam Case

    A New Jersey federal judge on Thursday sentenced a programmer and an ex-Comcast worker to probation and another to four years' prison, after they made $2 million sending spam emails from hacked accounts by using personal information from 60 million people that was stolen from corporate databases.

  • February 16, 2017

    Dewey Ex-Finance Head Says Accounting Fix Was Wrong

    The former international finance director at Dewey & LeBoeuf LLP testified in Manhattan criminal court on Thursday that one of two ex-Dewey executives facing a fraud retrial asked her to make accounting entries she thought were improper.

  • February 16, 2017

    Judge Suggests UN Bribe Indictment Gets By McDonnell

    Chinese billionaire Ng Lap Seng told U.S. District Judge Vernon S. Broderick on Thursday that the McDonnell precedent requires prosecutors to detail what official acts were taken in exchange for Ng's payments, but the judge intimated that he was unlikely to dismiss the high-profile bribery case on those grounds.

  • February 16, 2017

    Hacker Gets Prison In Bank Data Theft Scheme

    The administrator of two criminal online hacking forums was sentenced on Thursday to 41 months in federal prison for stealing login and payment card data from victims in New Jersey and elsewhere as part of an international hacking conspiracy, U.S. Attorney Paul J. Fishman announced.

  • February 16, 2017

    Navy Commander Charged In 'Fat Leonard' Bribery Scandal

    The federal government said Thursday it has charged a U.S. Navy commander with bribery for allegedly accepting luxury travel, elaborate dinners and the services of prostitutes in exchange for classified and internal Navy information, the latest development in the "Fat Leonard" scandal.

  • February 16, 2017

    Billionaire Slams Stanford Receiver’s $88M Clawback Bid

    A Colorado billionaire who won a jury trial in an $88 million clawback suit aimed at recovering money invested in R. Allen Stanford’s $7 billion Ponzi scheme told a Texas federal judge on Wednesday the receiver for the fraud continues to use arguments rejected previously to force a judgment against him.

  • February 16, 2017

    NY Judge Gives Nod To Ex-AIG Head’s $10M Deal

    A New York state judge on Thursday indicated he approved the nearly $10 million deal the state attorney general reached with former American International Group Inc. CEO Maurice “Hank” Greenberg and the insurer’s former chief financial officer, and will dismiss the long-running fraud case once the pair pay up.

  • February 16, 2017

    Hitachi Must Pay $55M For Shock Absorber Price-Fixing

    An Ohio federal judge on Thursday fined Japanese auto parts maker Hitachi Automotive Systems Ltd. $55.48 million for manipulating the market for shock absorbers, following a U.S. Department of Justice recommendation last week.

  • February 16, 2017

    Gorsuch Nomination Hearings To Kick Off In March

    Opening statements in a hearing on Judge Neil Gorsuch’s nomination to the U.S. Supreme Court will begin on March 20, with questioning of the associate justice-designate commencing the following day, Senate Judiciary Committee Chairman Chuck Grassley said Thursday.

  • February 16, 2017

    Vendor Pleads Guilty In Scheme To Bilk MillerCoors

    A vendor accused by the U.S. government of helping a former MillerCoors executive defraud the beer maker through invoices for fake marketing events has pled guilty to mail fraud and faces up to 20 years in prison, according to a plea agreement filed in Illinois federal court Wednesday.

  • February 16, 2017

    NJ Judge Again Finds Probable Cause In Christie GWB Case

    A New Jersey judge on Thursday again found probable cause in an activist's criminal complaint accusing Gov. Chris Christie of official misconduct over politically motivated lane closures at the George Washington Bridge, sending the matter to prosecutors who have already said they won't pursue charges against the governor.

  • February 16, 2017

    Bugs And Hair Plagued Meningitis-Linked Pharmacy, Jury Told

    The Massachusetts compounding pharmacy linked to a deadly outbreak of meningitis was plagued with bugs, human hair and the chief pharmacist’s indifference to the problems, the company’s former quality control officer told a jury on Thursday during her former boss's murder trial.

  • February 16, 2017

    Prevezon Blasts New Gov't Evidence In $230M Tax Fraud Suit

    Prevezon Holdings Ltd. lashed out Wednesday at a government request to introduce new documents, new witnesses and new discovery requests in a New York federal court lawsuit stemming from a $230 million Russian tax fraud, arguing prosecutors had their chance to bolster their “insufficient case.”

Expert Analysis

  • Marketing Basics For Solo Practitioners And Small Law Firms

    Matthew Horn

    There is no question that solo practitioners and small law firms need to spend the majority of time on legal work, but in order to achieve sustainable growth, marketing should not be a secondary task “put-off” until you have some free time, says Matthew Horn, founder of Legal Services Link LLC.

  • State AGs Can Enforce Emoluments Clause Against Trump

    Jed Shugerman

    Many argue that President Donald Trump is violating the Constitution's emoluments clause, because foreign states and officials are making payments to Trump through his businesses. Quo warranto — an obscure legal procedure previously used by "birthers" against President Obama — empowers state attorneys general to pursue Trump's business entities for emoluments clause violations, says Jed Shugerman of Fordham University Law School.

  • Demystifying International Extradition

    Amy Jeffress

    There were many high-profile news stories in 2016 about individuals fighting extradition to or from the United States. Given the complexity and sensitivity of the issues involved, extradition is time-consuming, often taking years. The process by which the U.S. evaluates hundreds of extradition requests each year may be unfamiliar to many practitioners, say attorneys with Arnold & Porter Kaye Scholer LLP.

  • Law Firm Margin Improvement: The Long Game

    Jack Diggle

    For all the lessons learned since 2008, it's surprising that margin management remains so tactical, rather than an ongoing strategic endeavor, for law firms. The firms that will survive and thrive must invest in ongoing margin-improvement capability, which will combine enhanced business- and change-management skills and take a long-term view to drive out the more difficult changes, says Jack Diggle of Elevate Services Inc.

  • DOJ Criminal Division In 2016: Fraud Section Rising

    Kevin B. Muhlendorf

    A brief year-in-review document recently released by the U.S. Department of Justice provides a useful overview of what the Criminal Division’s largest litigating section accomplished in the last year and important hints at what the future holds for individuals and entities whose activities come within the Fraud Section’s broad reach, says Kevin Muhlendorf, a partner at Wiley Rein LLP and former federal prosecutor.

  • 2017 Check-Up: Is Your Law Firm Positioned For Success?

    William G. Johnston

    Over the next few weeks, a slow trickle of news about one measure of law firm success — law firm financial results — will gradually become a flood as more firms open up about their performance in 2016. Law firm leaders would be wise to focus on nine factors that determine success, says law firm management consultant William Johnston.

  • The Missing Key To 3rd-Party Litigation Funding

    Tripp Haston

    Unlike other forms of commerce and unlike in other nations, litigation investment and funding in the U.S. is largely unregulated with few disclosure requirements. Where darkness exists, ignorance and mistrust breed. Disclosure and transparency in litigation investment and funding is the first and proper step to better understand this opaque dynamic in the U.S. civil justice system, says Tripp Haston of Bradley Arant Boult Cummings LLP.

  • Trends To Watch In DOJ Cartel Investigations This Year

    Lauren E. Briggerman

    For the first time in almost a decade, the U.S. Department of Justice's Antitrust Division does not appear to have a significant, multijurisdictional investigation to occupy its time and resources. As a result, the Antitrust Division’s focus in 2017 likely will be on smaller, domestic investigations, says Lauren Briggerman of Miller & Chevalier Chtd.

  • How Stein Could Transform Sentencing For Securities Fraud

    Jason P. Hernandez

    The Eleventh Circuit's recent decision in U.S. v. Stein gives prosecutors and defense counsel strong incentives to think carefully about their sentencing strategy in securities fraud cases. If the government seeks to rely on specific circumstantial evidence of widespread investor losses, sentencing hearings could be transformed from streamlined proceedings to complex mini-trials, say Jason Hernandez and Grace Mead of Stearns Weaver... (continued)

  • The End Of SEC's Payment Disclosure Rule

    Nicolas Grabar

    The Senate on Friday passed a resolution under the Congressional Review Act that disapproves the U.S. Securities and Exchange Commission’s rule on resource extraction payments. The result for affected issuers is clear — the existing rule is gone, say attorneys with Cleary Gottlieb Steen & Hamilton LLP.