The former general counsel of retail pharmacy chain Rite Aid Corp. told the Delaware Supreme Court on Wednesday that his appeals of criminal convictions related to a $1.6 billion accounting scandal should extend the time during which he can seek repayment of his legal costs from the company.
Shareholders in Wal-Mart Stores Inc. who sued corporate officers in Delaware for turning a blind eye to corruption in Mexico have argued that it would be a denial of due process to dismiss their case after a similar suit was tossed in Arkansas.
A vendor for MillerCoors LLC marketing events charged with defrauding the beer giant out of more than $8 million became the sixth person indicted in the scheme to plead guilty Tuesday.
An Ohio couple who owned a painting company has been charged with illegally shorting its employees’ pension and benefits fund and then impeding a U.S. Department of Labor investigation into their conduct by cooking up fake cleaning invoices to deceive agents into thinking their records had been destroyed, prosecutors said Friday.
Swiss engineering conglomerate ABB Ltd. on Wednesday said it has uncovered an embezzlement scheme at its South Korean unit involving a local executive who has since vanished, which could cost the company $100 million.
A Second Circuit judge asked Wednesday if jurors who convicted former state lawmaker William F. Boyland Jr. on 10 counts of honest services fraud in 2014 might have come to different conclusions had they been instructed with the 2016 McDonnell precedent in mind.
A North Carolina district attorney's longtime assistant was fired months before her retirement benefits vested in retaliation for reporting an alleged scheme in which two DAs hired each other's wives to do nothing for salaries of about $50,000, according to a whistleblower suit filed in state court Tuesday.
A Massachusetts man charged with murder for his alleged role in the deadly 2012 meningitis outbreak grossed about $10 million over the 14 years his pharmacy was in business, with more than another $9 million going to his wife, according to evidence presented at his trial Wednesday.
A California federal judge on Tuesday approved a cooperation agreement between the government and investors involved in developing a midtown Manhattan hotel partly financed by allegedly embezzled money from a Malaysia sovereign wealth fund, rejecting objections to the pact that the parties say will save the venture from default.
Proteonomix Inc.'s CEO, who allegedly transferred shares of the biotech company to an entity he controlled without the proper securities filing disclosures, has asked a New Jersey federal judge to reinstate the guilty plea he’d withdrawn in the wake of alleged threats to his family and bad advice from his former attorney.
Deutsche Bank AG asked a New York federal judge on Tuesday to throw out a suit that accuses it of misleading investors about its compliance with anti-money laundering laws even as regulators probed suspicious trades in its Moscow office, saying it made appropriate disclosures and can’t be held to “aspirational” pledges about ethical standards.
Two Florida scientists who were sentenced to prison and ordered to pay $10.6 million in restitution after they were convicted of fraudulently obtaining government research grants asked the Eleventh Circuit on Tuesday to scrap the judgment, arguing that the agencies involved weren't harmed because the work was still performed.
Seattle Mariners outfielder Leonys Martin testified Tuesday in Miami that fear drove him to agree to pay smugglers millions of dollars and hire agent Bartolo Hernandez, who is on trial along with an athletic trainer for allegedly conspiring to bring Cuban ballplayers into the United States illegally.
The federal government on Friday recommended that a former employee of an Illinois court clerk's office serve a 15-month prison sentence for lying under oath about allegations of pay-to-play hiring.
Law360 is pleased to announce the formation of its 2017 White Collar editorial advisory board.
An Illinois federal judge has refused to allow the federal government to force anyone present at the premises linked to a child pornography probe to provide fingerprints to unlock iPhones or other Apple devices that investigators may turn up, ruling the lack of specifics doomed the sweeping request.
A New York federal judge on Tuesday sentenced a fuel company employee who pled guilty to conspiring to commit a $30 million bank fraud to time served, backing off her stated intention to have him serve 90 days in a halfway house because he might meet bad people in there.
A New Zealand court on Monday ruled that Megaupload Ltd. founder and accused online piracy kingpin Kim Dotcom can be extradited to the U.S., saying while Dotcom's alleged copyright offenses don't warrant removal to the U.S., he can still be extradited for fraud.
Incoming Deputy Attorney General Rod Rosenstein has spent 90 percent of his career on federal criminal matters including high-profile government misconduct cases, according to materials he provided a Senate panel on Friday.
A former New Jersey attorney and his father potentially facing decades in prison for operating a Ponzi scheme that bilked dozens of the lawyer’s clients out of $13 million tendered not guilty pleas Tuesday in federal court in Camden.
When mediators rely on force to get cases settled, it doesn’t work. It’s time to suggest more productive ways for top-gun litigators and top-flight mediators to engage, says Jeff Kichaven of Jeff Kichaven Commercial Mediation.
Last year, as part of a move toward transparency, cooperation and information-sharing, the Cayman Islands replaced its 40-year-old confidentiality law with a new statute. The key change is that disclosure of confidential information is no longer a criminal offense; instead, liability is returned to the realm of common law and rules of equity, say Andrew Bolton and Jane Hale of Appleby.
Last year saw unprecedented levels of enforcement actions, fines and, as a result, aggregate Health Insurance Portability and Accountability Act penalties being assessed. This year, the question on many HIPAA-watchers' minds, however, is whether 2016 is the “new normal” or if it was aberrational, says David Saunders of Jenner & Block.
During the last quarter of 2016, the U.S. Department of Justice announced several significant guilty pleas and indictments against corporate executives that may provide some clues about where the prosecution of executives is headed this year, say attorneys with Miller & Chevalier Chtd.
As the value of a bitcoin hovers near $1000, holders of the digital currency may be celebrating. But bitcoin users face new scrutiny from federal authorities. The IRS' quest for information on users of the Coinbase bitcoin exchange service is part of a joint effort with the U.S. Department of Justice to pursue tax evaders, says Mark Milton of Husch Blackwell LLP.
Love is not a subject that lawyers typically devote themselves to professionally. But as we witness this historic transition to a new administration, lawyers in particular are reminded that love is tied, however imperfectly, to our cherished founding ideals, says Kevin Curnin, president of the Association of Pro Bono Counsel.
In the United States, the number of lawyers whose firms have used litigation finance has quadrupled since 2013. Even so, too many remain poorly informed, leaving them at a competitive disadvantage and prone to oddly persistent “alternative facts” about litigation finance, says Christopher Bogart, CEO of Burford Capital.
A subtle change buried in the recent update to the U.S. Department of Justice Antitrust Division’s leniency guidance represents a significant policy shift that may have an impact on the effectiveness of internal investigations and what companies decide to do based on what they learn, say attorneys with Dykema Gossett PLLC.
The Eleventh Circuit's recent decision in U.S. v. Stein could hinder efforts to limit loss estimates in fraud-on-the-market criminal securities fraud cases. The case cemented a firm 5-3 majority circuit split that will undoubtedly weigh heavily on judges who will be confronted with this issue in the four circuits that have yet to address it, say attorneys with Troutman Sanders LLP.
With so many possibilities and variables, it can be difficult to adhere to a strict graphics budget when preparing effective visuals for trial. There are several things you can do to limit the cost of your visuals without sacrificing quality, says Marti Martin Robinson of Litigation Insights Inc.