White Collar

  • December 14, 2017

    Russia-Linked Cos. Accuse Feds, Dutch Of Undermining Deal

    Offshore companies that agreed to pay $6 million after the U.S. government seized their assets over their supposed link to a Russian tax scam argued in Manhattan federal court on Thursday that federal officials may have conspired with prosecutors in the Netherlands to keep some of their assets frozen, while a government lawyer said the companies simply took a legal risk and lost.

  • December 14, 2017

    NC Prosthetics Co. Ran $12M Medicaid Fraud, Gov't Says

    A North Carolina prosthetics provider billed Medicaid for $12 million in durable medical equipment it never purchased, provided to patients or needed, the state and federal governments alleged Wednesday in a False Claims Act suit.

  • December 14, 2017

    Atty Wants Political Contributions Nixed From Bribery Suit

    The Norris McLaughlin & Marcus PA attorney facing charges over an alleged pay-to-play scheme in Allentown, Pennsylvania, on Wednesday moved to exclude most of the campaign contributions he made to Democratic Mayor Ed Pawlowski, a day after an alleged co-conspirator copped a guilty plea.

  • December 14, 2017

    Senate Panel Advances USPTO Head, US Attorneys

    The Senate Judiciary Committee approved President Donald Trump's pick to head the U.S. Patent and Trademark Office on a voice vote Thursday, along with nominees for five U.S. attorney positions.

  • December 14, 2017

    Meningitis Fraudster Says Feds' Push For $133M Must Wait

    A pharmacist convicted of fraud for selling deadly drugs in the 2012 fungal meningitis outbreak urged a Massachusetts federal court Wednesday to uphold its decision not to award the federal government $132.8 million in restitution while he appeals his case to the First Circuit.

  • December 14, 2017

    Questions Linger For SFO Amid Reforms, Hunt For New Head

    After years of questions about its future, the U.K.'s Serious Fraud Office won a reprieve this week as the government began hunting for the agency's new leader amid a broader plan to get more aggressive on economic crime. But questions remain about just how independent the prosecutor would be once the government creates a new white collar crime fighter.

  • December 13, 2017

    FIFA Trial Catalogs Broken Loyalties And Shifting Alliances

    As the trial of three South American soccer officials accused of agreeing to take millions in bribes from sports marketing companies began to wind down Wednesday, both prosecutors and defense attorneys attested to the culture of graft fostered over years by gatekeepers of the sport.

  • December 13, 2017

    Waymo-Uber IP Suit Sparked DOJ Probe, Letter Reveals

    Federal prosecutors have launched a criminal investigation in the wake of Waymo’s California federal lawsuit alleging Uber stole self-driving car trade secrets from the Alphabet subsidiary, according to a U.S. Department of Justice letter to U.S. District Judge William Alsup unsealed Wednesday.

  • December 13, 2017

    DOJ Asks 9th Circ. To Wipe Arpaio’s Contempt Verdict

    The U.S. Department of Justice told the Ninth Circuit in a statement Wednesday that an Arizona federal judge was wrong not to erase former Maricopa County Sheriff Joe Arpaio’s criminal contempt conviction following President Donald Trump’s pardon of the matter.

  • December 13, 2017

    Ill. Woman Gets 3 Years For Clipping $1M From Landscaper

    The former office manager of a central Illinois landscaping company was sentenced in Illinois federal court Tuesday to three and a half years in prison for defrauding her employer of more than $1 million.

  • December 13, 2017

    2nd Circ. Axes Pharma Exec's Fraud Convictions

    The Second Circuit on Wednesday vaporized a pharmaceutical executive’s felony convictions for importing and selling unapproved prescription drugs, saying a judge improperly blocked testimony about legal advice that purportedly greenlighted the sales.

  • December 13, 2017

    3 Men Cop To Mirai Malware Attacks In NJ, Alaska

    Three men have copped to cyberattacks in New Jersey and Alaska involving the malicious software known as Mirai that paralyzed computer systems, including at Rutgers University, and temporarily blocked access to popular websites such as Twitter, Netflix and Amazon, in what federal prosecutors described Wednesday as one of their largest criminal malware takedowns to date.

  • December 13, 2017

    Ga. Contractors Get 8 Years For Defrauding CDC

    A Georgia federal judge has sentenced the owners of a Georgia-based company that supplied drywall workers for construction projects to eight years each in prison for misrepresenting to the Centers for Disease Control and Prevention that they had in fact withheld taxes from all workers, the U.S. Department of Justice said Wednesday.

  • December 13, 2017

    Ex-Katten Atty Trial Halted Over 'Career-Ending' Claims

    The Martin Shkreli-linked fraud trial of former Katten Muchin Rosenman LLP attorney Evan Greebel came to a screeching halt Wednesday, over unidentified “potentially career-ending” claims raised by Greebel's lawyers involving an unnamed government official.

  • December 13, 2017

    Ex-Deutsche Bank Trader's Libor Case Tainted, Judge Told

    Lawyers for former Deutsche Bank AG trader Gavin Black sought to undermine the U.S. Department of Justice in a Manhattan federal court on Wednesday at a hearing in which the government must show its London Interbank Offered Rate-rigging case wasn’t tainted by Black’s compelled testimony in the U.K.

  • December 13, 2017

    Istanbul Ex-Cop Never Saw Turkish Banker During Stakeouts

    A former Istanbul anti-fraud cop told a Manhattan jury on Wednesday that during stakeouts he performed in a 2013 bribery probe before being forced to leave Turkey, he never saw Mehmet Hakan Atilla, the Turkish banker standing trial on charges of helping Iran dodge U.S. sanctions.

  • December 13, 2017

    Rosenstein Says No ‘Good Cause’ To Fire Mueller

    Deputy Attorney General Rod Rosenstein testified Wednesday that he has not seen “good cause” to fire Special Counsel Robert Mueller, assuring Democratic lawmakers that the head of the Russia investigation is safe in his position for now, despite growing Republican outcry over perceived bias.

  • December 13, 2017

    Soccer Exec Gets Reduced Sentence For FIFA Scandal Role

    A New York federal judge on Tuesday credited 10 months toward the sentence of the former general secretary of the Cayman Islands Football Association for time he spent in a Swiss jail awaiting extradition for his role in the sprawling FIFA corruption scandal, leaving him with just five months of actual jail time.

  • December 13, 2017

    SEC Target’s Filings Too ‘Inept’ To Be Atty's, Court Told

    Counsel for corporate clients wrapped up in a U.S. Securities and Exchange Commission lawsuit alleging a private equity executive stole $9.3 million from investors lashed out Tuesday at contentions that the executive is not representing himself, arguing his filings are too “inept” to come from a lawyer.

  • December 13, 2017

    Lithuanian Named In Facebook, Google Scam Working On Plea

    Evaldas Rimasauskas, the Lithuanian national accused of illegally inducing Facebook Inc. and Google Inc. to wire him roughly $122 million, is discussing a possible plea deal, according to a letter Tuesday to a Manhattan federal judge.

Expert Analysis

  • The Johnson Conviction And Fallout For Forex Market

    Paul Hinton

    The recent conviction of former HSBC foreign exchange executive Mark Johnson has shocked market participants and could lead to a reduction in liquidity for block trades in the foreign exchange and other over-the-counter markets, say members of The Brattle Group and AGN Advisory.

  • Series

    40 Years Of FCPA: The Siemens Lesson — Tillerson Is Right

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    Since its whopping $800 million Foreign Corrupt Practices Act settlement in 2008, Siemens cleaned up — and it has “cleaned up” in its long-standing competition with General Electric. How? As Secretary of State Rex Tillerson reportedly told President Donald Trump, you don’t need to pay bribes to succeed in international business, says Peter Y. Solmssen, former general counsel of Siemens.

  • Basic Human Rights: Whose Job Is Enforcement?

    Dan Weissman

    The cases of Jesner v. Arab Bank and Doe v. Cisco Systems pose different legal tests under the Alien Tort Statute. But these decisions could hold major consequences for environmentalists, human rights activists and even individuals who have turned to ATS to go after transnational corporations, says Dan Weissman of LexisNexis.

  • Series

    40 Years Of FCPA: The Rise In International Enforcement

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    The 2008 Siemens matter — then the largest sanction ever imposed in a Foreign Corrupt Practices Act enforcement action — set the stage for future cross-collaboration in global anti-corruption enforcement, say Cheryl Scarboro, former chief of the FCPA Unit at the U.S. Securities and Exchange Commission, and Diana Wielocha of Simpson Thacher & Bartlett LLP.

  • Bringing Cayman Derivative Claims In NY Just Got Easier

    Robert Quirk

    The New York high court’s recent holding in Davis v. Scottish Re Group removes a significant practical hurdle to bringing derivative claims involving Cayman Islands corporations. With the Cayman leave-of-court rule out of the picture, shareholders need not arrive at the courthouse door already equipped with evidence to support their claim, say Rob Quirk and Stephen Younger of Patterson Belknap Webb & Tyler LLP.

  • Yates Memo: Missing The Forest For The Trees — Part 2

    Daniel Schoeni

    Recognizing that misconduct in government contracts cases is sometimes collective, rather than individual, could help officials to more accurately identify the locus of responsibility and issue debarments accordingly. This could also discourage the debarment system’s overreliance on criminal convictions, says Daniel Schoeni, a judge advocate with the U.S. Air Force.

  • Series

    40 Years Of FCPA: Highlights From The 1st Corporate Trial

    Robert Feldman

    The Foreign Corrupt Practices Act case of U.S. v. Harris Corp. was tried in March 1991 — so long ago that pretty much only the parties and counsel remember it. With a smile, I’ve just about given up correcting people who say their case is "the only FCPA case ever to be tried,” says Robert Feldman of Quinn Emanuel Urquhart & Sullivan LLP.

  • Yates Memo: Missing The Forest For The Trees — Part 1

    Daniel Schoeni

    Deputy Attorney General Rod Rosenstein recently announced that the U.S. Department of Justice supports the Yates memo’s emphasis on prosecuting individuals for corporate misconduct. But this focus overlooks the problem of "nondistributive" corporate actions, says Daniel Schoeni, a judge advocate with the U.S. Air Force.

  • Wrestling With Location Data Privacy At The High Court

    Vanessa Arslanian

    Last week during arguments in Carpenter v. United States, both conservative and liberal U.S. Supreme Court justices seemed inclined to limit warrantless government access to historical cell-site location data, but they voiced different ways to do so, says Vanessa Arslanian at Choate Hall & Stewart LLP.

  • Lies, Damn Lies And The Lying Investigators Who ‘Pretext’

    Peggy Daley

    The investigators who took on the Harvey Weinstein “pretexting” assignment — who knowingly agreed to befriend and lie to sexual assault victims in order to tarnish their reputations — need to take a long, hard look in the mirror. And then, they must get out of the private investigations business, says Peggy Daley of Berkeley Research Group LLC.