White Collar

  • March 21, 2017

    Big Internet Cos. Fell For $100M Email Scam, DOJ Says

    The U.S. Attorney’s Office for the Southern District of New York announced Tuesday that it has brought criminal charges against a Lithuanian man who used an email scam to successfully defraud two multinational internet companies out of $100 million.

  • March 21, 2017

    Ex-PSU Boss's Reporting Failure Enabled Sandusky, Jury Told

    Ex-Penn State University president Graham Spanier went to trial in Harrisburg on Tuesday facing arguments that his failure to report a suspected child abuse incident involving Jerry Sandusky more than 15 years ago had allowed the former coach and now-convicted child molester to continue victimizing young boys.

  • March 21, 2017

    Feds Seek To Block Agent, Trainer From Ballplayer Funds

    The federal government on Monday asked a Florida federal judge to block a baseball agent and an athletic trainer recently found guilty of smuggling Cuban ballplayers into the United States from receiving money from a group of foreign players or their family members.

  • March 21, 2017

    Ex-Dean Foods Chair Lists Years Of Insider Tips To Gambler

    New York federal prosecutors in the insider trading trial of prominent gambler Billy Walters led their star witness, a former Dean Foods chairman and current government cooperator, through his litany of shame as he told the jury he had tipped inside information to Walters so many times that he couldn’t count.

  • March 21, 2017

    Ex-Dewey Atty Tells Jury Of $6.9M Fee Error On Firm's Books

    A former Dewey & LeBoeuf LLP lawyer and current Barnes & Thornburg LLP partner on Tuesday told a Manhattan jury of his discovery of a $6.9 million discrepancy on the law firm’s books, while a defense attorney jabbed at his credibility over Twitter-related sanctions in a separate action.

  • March 21, 2017

    Caribbean Bank Says Regulator Used It Like A ‘Piggy Bank’

    Failed National Bank of Anguilla and a Caribbean financial regulator were sued Monday by a bank subsidiary for allegedly raiding $175 million from the unit's private deposits to prop up NBA before its bankruptcy, then illegally transferring the money to Bank of America NA.

  • March 21, 2017

    Pinnacle Affiliate To Pay $5M To End Gov’t Theft Charges

    An affiliate of low-income housing developer Pinnacle Housing Group Inc. will pay $5.2 million in forfeiture and fines to resolve charges that it stole government grant money by inflating the cost of construction work on four Florida projects.

  • March 21, 2017

    Administrator Gets Over 2 Years For $20M Hospice Fraud

    An administrator who served as the second-in-command at a now-defunct Illinois hospice chain was sentenced to more than two years in prison Tuesday for her role in a multiyear fraud that cost Medicare $20 million.

  • March 21, 2017

    JPMorgan Whistleblower Pushes For Snarky Judge's Removal

    A former executive at JPMorgan Chase & Co. who claims the bank fired her for flagging possible fraud pushed on Monday for the recusal of a New York federal judge who has said he "wouldn't wish this case on [his] worst enemy."

  • March 21, 2017

    Bharara Will Take Post At NYU Law School

    Former Manhattan U.S. Attorney Preet Bharara will join the New York University School of Law next month as a distinguished scholar-in-residence, the school said Tuesday, marking the first major commitment by the white collar prosecutor after he was sacked earlier this month.

  • March 21, 2017

    Ex-Honduran Soccer Head Granted $650K Bond Reduction

    A federal judge in Brooklyn on Tuesday granted a request by the former president of Honduras Rafael Callejas, who pled guilty to charges in the U.S. FIFA corruption case last year, to withdraw $650,000 in assets from from his bond package to pay legal and other expenses, a day after he made the request arguing that he has complied with all conditions of release.

  • March 21, 2017

    Philly DA Hit With Federal Corruption Charges

    Philadelphia District Attorney Seth Williams on Tuesday was hit with a federal indictment for allegedly accepting gifts and favors from two unidentified business owners in exchange for an appointment as a special adviser, a promise to intervene in a criminal case and other official actions.

  • March 21, 2017

    SEC Judge Finds Atty Liable In Marijuana-Related Co.'s Fraud

    A U.S. Securities and Exchange Commission administrative law judge found Tuesday that a California lawyer violated securities law by signing attorney opinion letters that improperly enabled a marijuana growing pod company to conduct illegal sales of restricted, unregistered stock.

  • March 21, 2017

    Tax-Dodging Moneyman Gets Nearly 6 Years, $10M Fine

    A Manhattan federal judge hit onetime Morgan Stanley banker Morris Zukerman with almost six years in prison and a $10 million fine Tuesday, calling the massive tax dodge he admitted to in June a crime of "unmitigated greed."

  • March 21, 2017

    3rd Circ. OKs Contempt Order Over Locked Hard Drives

    The Third Circuit upheld in a precedential ruling Monday a lower court's decision to hold a John Doe in contempt for refusing to unlock two external hard drives during a child pornography investigation, finding that the court’s decryption order doesn’t violate Doe’s Fifth Amendment rights.

  • March 21, 2017

    Hedge Fund Founder Calls SEC's Fraud Claims Deficient

    A hedge fund founder accused of spending investor money on his rent and car payments told a New York federal court Monday that the U.S. Securities and Exchange Commission’s securities fraud allegations are deficient, saying a disclaimer in newsletters sent to prospective investors renders his statements immaterial.

  • March 21, 2017

    Justices Greenlight 4th Amendment Claims After Court Date

    The U.S. Supreme Court on Tuesday said the Fourth Amendment allows wrongly imprisoned defendants to sue even after the start of a case against them, but the court refused to rule as to whether defendants can sue for malicious prosecution.

  • March 20, 2017

    Pa. Jurors Ready To Mull $116M Drug Refund Fraud Case

    A Pennsylvania federal jury will begin deliberating Tuesday whether a drug refund company defrauded customers, including the U.S. Department of Defense, out of $116 million they should have received for their unwanted medications, after a prosecutor hit back against claims that the company's conduct was sanctioned by its contracts.

  • March 20, 2017

    Fla. Prosecutors Drop Charges Against Allied Vets Atty

    Florida state prosecutors have declined to retry their case against a lawyer whose conviction for helping Allied Veterans of the World run a $300 million illegal gambling ring was overturned by an appeals court.

  • March 20, 2017

    Wash. Adviser Who Hid Ponzi From SEC Cops 80-Month Plea

    An investment guru who federal prosecutors say lied to the U.S. Securities and Exchange Commission to hide a Ponzi scheme and went on to fleece investors out of $3.6 million, even after he promised to come clean, has pled guilty in exchange for a recommended sentence of almost seven years in prison, according to documents filed in Washington federal court on Monday.

Expert Analysis

  • Gorsuch May Bring Needed Changes To Federal Sentencing

    Alan Ellis

    Should Judge Neil Gorsuch be confirmed to the U.S. Supreme Court, there may well be a paradigm shift in sentencing law, policy and practice, particularly in the area of acquitted, uncharged and unproven conduct at sentencing. His analysis of plain error review in Sabillon-Umana influenced Justice Anthony Kennedy's opinion in Molina-Martinez last April, say criminal defense attorneys Alan Ellis and Mark Allenbaugh.

  • English RBS Privilege Ruling Affects Internal Investigations

    Mary Pat Brown

    The English High Court's recent RBS decision has major implications for the way in which internal investigations with any connection to the U.K. are to be conducted and recorded, say Mary Pat Brown and David Foster of O’Melveny & Myers LLP.

  • John Doe Summonses: A Key IRS Tool Against Tax Evasion

    Matthew Lee

    A John Doe summons may be used to obtain information and records about a class of unidentified taxpayers if the IRS has a reasonable belief that they are engaged in conduct violating U.S. laws. Taxpayers with undisclosed offshore assets are advised to take advantage of IRS voluntary disclosure options, as the agency continues to crack down on tax evaders, says Matthew Lee of Fox Rothschild LLP.

  • New Business Opportunities In Shared Workspaces

    Philippe Houdard

    For decades, law firms have taken on considerable expense to acquire or rent opulent office space, often with the intention of signaling seriousness and reliability to their clients. But more recently, solo practitioners and established firms alike have started breaking tradition, says Philippe Houdard, co-founder of Pipeline Workspaces.

  • DOJ 'Deconfliction' Requests: Considerations And Concerns

    Lanny A. Breuer

    Over the past year, we have seen an increase in requests from U.S. Department of Justice prosecutors for companies to defer interviewing their employee witnesses until after the government has had an opportunity to do so. These “deconfliction” requests raise a number of issues for companies who want to cooperate with the government’s investigation, say Lanny Breuer and Mark Finucane of Covington & Burling LLP.

  • How 401(k) Benefits Can Attract Millennial Legal Talent

    Nathan Fisher

    If today’s law firms are willing to rethink their perceptions of millennials, they may see greater success in attracting and retaining new talent by giving the younger generation the kind of retirement planning benefits they want and need, says Nathan Fisher of Fisher Investments.

  • GC Whistleblowing And Other Implications From Bio-Rad

    Matthew Solomon

    Many aspects of the whistleblower retaliation case against Bio-Rad Laboratories brought by former general counsel Sanford Wadler — including Wadler’s sizeable recovery and a series of plaintiff-friendly decisions — bring to the forefront significant issues relevant to public companies, directors and other corporate stakeholders, say attorneys with Cleary Gottlieb Steen & Hamilton LLP.

  • How The Courts Review Executive Orders

    Steven D. Gordon

    The cases challenging President Donald Trump’s executive orders fit within the established legal framework that limits, but does not preclude, judicial review of such orders, says Steven Gordon of Holland & Knight LLP.

  • What Lawyers Can Learn From Kellyanne Conway

    Michelle Samuels

    Presidential adviser Kellyanne Conway's TV appearances provide some examples of what lawyers should and shouldn't do when speaking to the media, says Michelle Samuels, a vice president of public relations at Jaffe.

  • Gorsuch's Judicial Tools For Fixing Overcriminalization

    John F. Lauro

    For those who are concerned about overcriminalization, President Donald Trump could not have selected a better U.S. Supreme Court nominee than Judge Neil Gorsuch. Three opinions reveal how he addresses this problem, says John Lauro, founder of the Lauro Law Firm and a former federal prosecutor.