White Collar

  • February 22, 2017

    Ex-Rite Aid Counsel Says Indemnity Clock Didn't Expire

    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.

  • February 22, 2017

    Wal-Mart Investors Defend Mexico Bribes Suit

    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.

  • February 22, 2017

    Sixth Person Admits To $8M MillerCoors Fraud

    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.

  • February 22, 2017

    Painting Biz Illegally Stymied DOL Probe, Prosecutors Say

    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.

  • February 22, 2017

    Swiss Co. ABB Reveals $100M Fraud, Fingers Missing Exec

    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.

  • February 22, 2017

    2nd Circ. Asks If McDonnell Impacts Politician's Conviction

    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.

  • February 22, 2017

    DA Allegedly Axed Staffer For Whistleblowing On Shady Hiring

    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.

  • February 22, 2017

    Pharmacist, Wife Took In $20M Before Meningitis Outbreak

    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.

  • February 22, 2017

    Judge OKs Management Deal For Hotel In 1MDB Scandal

    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.

  • February 22, 2017

    Biotech CEO Nixes Bid To Pull Plea For Funneling Shares

    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.

  • February 22, 2017

    Deutsche Bank Says Russian Trade Statements Not Fraud

    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.

  • February 22, 2017

    Scientists Ask 11th Circ. To Nix $10.6M Fraud Conviction

    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.

  • February 21, 2017

    MLB's Martin Tells Of Threats, Fear At Cuban Smuggling Trial

    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.

  • February 21, 2017

    Feds Seek 15 Mos. For Ill. Clerk Who Lied In Pay-To-Play Probe

    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.

  • February 21, 2017

    Law360 White Collar Editorial Advisory Board

    Law360 is pleased to announce the formation of its 2017 White Collar editorial advisory board.

  • February 21, 2017

    IPhone Unlock Request In Child Porn Probe Too Broad: Judge

    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.

  • February 21, 2017

    No Jail For Ex-Oil Co. CPA In $30M Bank Fraud Scheme

    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.

  • February 21, 2017

    New Zealand Court OKs Kim Dotcom's Extradition To US

    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.

  • February 21, 2017

    Incoming Deputy AG Brings High-Profile Criminal Experience

    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.

  • February 21, 2017

    Ex-NJ Atty, Father Plead Not Guilty In $13M Ponzi Scheme

    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.

Expert Analysis

  • Opinion

    The Myth Of The Forceful Mediator

    Jeff Kichaven

    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.

  • How The Cayman Islands Updated Its Confidentiality Law

    Andrew Bolton

    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.

  • A Look Back At A Year Of Record-Setting HIPAA Enforcement

    David P. Saunders

    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.

  • Prosecution Of Corporate Execs: The Latest Developments

    Dawn E. Murphy-Johnson

    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.

  • Bitcoin Users Should Expect More IRS And DOJ Scrutiny

    Mark Milton

    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.

  • Opinion

    Love And Law In The Age Of Trump

    Kevin Curnin

    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.

  • The State Of The Litigation Finance Industry In 2017

    Christopher P. Bogart

    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.

  • Major DOJ Antitrust Policy Shift On Immunity For Employees

    Cale A. Johnson

    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.

  • 11th Circ. Ruling May Affect Criminal Securities Fraud Cases

    David M. Chaiken

    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.

  • 6 Ways To Get More From A Limited Budget For Trial Graphics

    Marti-Martin-Robinson.jpg

    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.