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White Collar

  • December 10, 2018

    Woman Accused Of Being Russian Agent Set To Change Plea

    A D.C. federal judge on Monday granted a joint request from federal prosecutors and a Russian woman accused of infiltrating organizations with political influence inside the U.S. to hold a hearing so she can change her previous "not guilty" plea.

  • December 10, 2018

    New Nassar Abuse Probe Spotlights Institutional Failures

    The two organizations responsible for protecting young gymnasts from harm ignored and covered up credible allegations against Dr. Larry Nassar, acting as part of an "ecosystem" that gave him unimpeded license to abuse hundreds of children, a new Ropes & Gray LLP investigative report revealed Monday.

  • December 10, 2018

    Oil Co. Officer Pleads Guilty In Venezuelan Bribery Case

    A former procurement officer of Venezuela’s state-owned energy company pled guilty on Monday in Texas federal court to obstructing an investigation into a scheme involving U.S.-based companies that allegedly paid bribes to Venezuelan government officials to secure business.

  • December 10, 2018

    NY Investment Adviser Cops To 18-Year, $9M Ponzi Scheme

    A longtime retail investment adviser pled guilty in New York federal court on Monday to mail and wire fraud over an 18-year-long Ponzi scheme in which he solicited more than $13 million from elderly investors who ultimately sustained roughly $9 million in losses.

  • December 10, 2018

    Long Island Mortgage Co. Exec Gets 2 Years For $9M Fraud

    A former executive of Long Island mortgage lender Vanguard Funding LLC was sentenced to two years after pleading guilty to lying to banks in order to obtain $8.9 million in short-term loans, the U.S. Department of Justice said on Monday.

  • December 10, 2018

    Unregistered Brokers Took $10M In Rigged Investments: SEC

    The U.S. Securities and Exchange Commission filed charges in Ohio federal court on Monday against two business partners, accusing them of acting as unregistered brokers who offered and sold $10 million in binary options securities to investors who were misled about their odds of success.

  • December 10, 2018

    Olympus Pleads Guilty, Fined $85M In Tainted Scope Suits

    Olympus Corp. and a former executive pled guilty in New Jersey federal court Monday to distributing medical scopes in the United States without disclosing known risks of infection, which will cost the company $85 million in fines and forfeitures, the U.S. Department of Justice announced.

  • December 10, 2018

    Medical Device Exec Beats Charges Of Tipping Orioles Player

    Federal prosecutors have abandoned insider trading and perjury charges against medical device executive James Mazzo after two juries deadlocked on whether he intended to tip longtime Orioles third baseman Doug DeCinces to merger plans.

  • December 10, 2018

    Nissan, 2 Former Execs Indicted For Understating Ghosn Pay

    Nissan Motor Co., the company's former chairman and CEO Carlos Ghosn and a former board member were indicted in Japan on Monday on charges of having underreported Ghosn's compensation in securities filings.

  • December 10, 2018

    Employees Of Tribe Education Program Plead Guilty To Theft

    Two employees of a Blackfeet Tribe early childhood health and education program overseen by the U.S. Department of Health and Human Services pled guilty to stealing money through a scheme where they and others falsely claimed thousands of overtime hours they did not work, the U.S. Department of Justice said Friday.

  • December 10, 2018

    Ex-Director Of Health Care Co. Charged In Stock Fraud Plot

    A former director of bankrupt Constellation Healthcare Technologies Inc. has been arrested on charges of taking part in a scheme to inflate the value of the Houston-based medical billing business to more than $300 million as part of a bid to take the company private, authorities announced Monday.

  • December 10, 2018

    Ga. Man To Admit Role In $2M Lotto Scam Targeting Elderly

    A Georgia man will plead guilty in Massachusetts for helping steal $2 million from elderly people across the country in a fake-lottery scheme that has already landed one alleged co-conspirator behind bars, according to an agreement filed Friday.

  • December 10, 2018

    Fla. Atty Guilty Of Laundering, Fraud In 'Shell Factory' Ring

    A Florida lawyer accused of helping make 20 fraudulent shell companies look legit was convicted Friday in federal court on 33 counts, including money laundering, securities fraud and wire fraud.

  • December 10, 2018

    Ex-ConvergEx Exec Gets 1 Day In Prison

    A former ConvergEx Group LLC executive who fought fraud charges related to hidden profits in client trades was sentenced in New Jersey federal court to one day in prison Monday, ending the case that almost saw a ruling on whether the company's counsel was a part of the prosecution team.

  • December 10, 2018

    MVP: Debevoise's David A. O'Neil

    David A. O'Neil of Debevoise & Plimpton LLP earned his place among Law360's 2018 White Collar MVPs by guiding Twitter through government investigations into Russian interference in the 2016 presidential election, and by brokering the first-ever Foreign Corrupt Practices Act resolution with an Asian country, among other major achievements this year.

  • December 10, 2018

    DC Metro Concrete Conspirator Gets Year In Prison

    A Florida man who pled guilty to a fraud conspiracy charge for his role in falsifying data about the strength of concrete used in a D.C. Metro rail project will spend a year and a day behind bars, a Virginia federal judge said Friday.

  • December 7, 2018

    FCA Fines Plummet In 2018 As Regulator Shifts Focus

    The total value of fines handed out by the Financial Conduct Authority has plummeted 88 percent in 12 months, new data revealed on Monday, as the U.K. regulator eased off on huge penalties for corporations and focused instead on individual wrongdoing.

  • December 7, 2018

    Mueller Says Manafort Lied About Contact With Trump Admin.

    Paul Manafort lied to prosecutors about several things, including his claim that he was not in contact with the Trump administration earlier this year, in violation of his plea agreement, special prosecutor Robert Mueller told a D.C. federal court Friday.

  • December 7, 2018

    Feds Retract Bid For Harsher Sentence On Turkish Banker

    U.S. prosecutors told a federal appeals court Thursday that they were withdrawing their request for a longer sentence for Mehmet Hakan Atilla, the Turkish banker sentenced to 32 months in prison despite prosecutors' request that he serve 15 years for helping skirt sanctions against Iran.

  • December 7, 2018

    Student Loan Co. CEO Arrested On Charges Of $28M Fraud

    A California financial services executive was arrested while trying to board a flight out of the country and charged with wire fraud for allegedly running a phony student loan debt relief scheme, the U.S. Department of Justice announced in a statement issued Thursday.

Expert Analysis

  • Jurors Should Ask More Questions During Trials

    Matthew Wright

    Permitting jurors to submit written questions, or even to pose questions orally to witnesses on the stand, advances several important goals and promotes both fairness and efficiency, says Matthew Wright of McCarter & English LLP.

  • Calif. Ruling Dings Engagement Letter Arbitration Clauses

    Sharon Ben-Shahar Mayer

    The California Supreme Court's recent decision in Sheppard Mullin v. J-M Manufacturing has cast doubt on arbitration clauses in attorney engagement agreements, jeopardizing the efficient resolution of malpractice claims and fee disputes, say Sharon Ben-Shahar Mayer and Mark Drooks of Bird Marella Boxer Wolpert Nessim Drooks Lincenberg & Rhow PC.

  • 10 Things We Wish We Were Told When Going In-House

    Dana Lee

    Attorneys at Albert Einstein College of Medicine, Perkins Coie LLP and the Healthcare Association of New York State reflect on lessons they learned the hard way when transitioning to in-house counsel positions.

  • The Virtual Law Team: Advantages For Litigants And Lawyers

    Jessica Cox

    The virtual law team was created as a necessary response to mass tort litigation — however, with advances in technology and ever-increasing specialization of the legal practice, the model should be considered in multiplaintiff litigation of any size, say attorneys at Faegre Baker Daniels LLP.

  • Q&A

    BigLaw Alums Q&A: Mark Migdal's Lara O'Donnell Grillo

    Lara O’Donnell Grillo

    BigLaw firms tended to be inflexible, with methods that were inconsistent with how I wanted to practice law. There were many time-wasting aspects of the practice, says Lara O’Donnell Grillo of Mark Migdal & Hayden.

  • Emerging Cybersecurity Threats In The Legal Industry

    Michael Hall

    Predicting how the cybersecurity landscape will develop is critical for any organization wanting to mitigate the risk of the inevitable future attack. Michael Hall of HighQ Solutions Ltd. discusses five threats to look out for in the next 12 months.

  • The Legacy Of Madoff, A Decade Later

    Mark Kornfeld

    Despite lessons from Bernie Madoff's Ponzi scheme that was revealed 10 years ago, financial fraud continues to thrive. Negative history repeats itself on what seems like a daily basis, say attorneys with Quarles & Brady LLP.

  • Rise Of The CMOs

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    Joshua Peck, incoming marketing director of Hill Wallack LLP, traces the evolution of the chief marketing officer position at law firms and shares insights from three legal marketing pioneers.

  • A Victory For Legal Privilege In Cross-Border Investigations

    Antonia Apps

    The U.K. Court of Appeal's recent decision in Serious Fraud Office v. Eurasian Natural Resources is a substantial step toward confirming the application of legal privilege in internal investigations, and has significantly reduced the divergence in U.K. and U.S. privilege law, say attorneys with Milbank Tweed Hadley & McCloy LLP.

  • NCAA Corruption And The 'Right To Control' Theory

    Kan Nawaday

    The convictions in U.S. v. Gatto for defrauding NCAA schools have shined a spotlight on the relatively obscure — but powerful — “right to control” theory of federal wire and mail fraud liability, which formed the basis for the New York federal prosecutors' case, say Kan Nawaday and Stephen Salsbury of Venable LLP.