White Collar

  • October 11, 2017

    DOJ Warrant For Anti-Trump Site Data Pared By Judge

    A D.C. judge on Tuesday curtailed the federal government's search warrant seeking information on visitors to an anti-Trump website, ordering a web hosting company to redact information identifying users until the government shows cause that those users are implicated in a criminal investigation into riots during President Donald Trump’s inauguration.

  • October 11, 2017

    Caterpillar Seeks End To Tax Raid-Triggered Investor Suit

    Caterpillar Inc. asked an Illinois federal court Tuesday to dismiss securities fraud class allegations filed the day after authorities raided the construction equipment maker amid an investigation of its tax practices, saying Caterpillar has been open with shareholders about the scrutiny and has not been accused of wrongdoing.

  • October 11, 2017

    Mining Co. Granted Appeal In Landmark Legal Privilege Fight

    The Court of Appeal has granted permission for an international mining firm under criminal investigation to fight attempts by the U.K.'s fraud squad to make it reveal documents it drew up during an internal investigation.

  • October 10, 2017

    Menendez Advocacy Fell Between PAC Donations, Agent Says

    A Florida ophthalmologist's lawyer interacted with Sen. Bob Menendez's staff in 2012 on advocating to executive branch officials about a Medicare policy affecting the doctor around when the physician made $600,000 in political donations benefiting the New Jersey Democrat, according to testimony Tuesday at the senator and doctor's bribery trial.

  • October 10, 2017

    Whistleblower Asks 7th Circ. To Save Hastert Lobbying Suit

    An associate of former U.S. House Speaker Dennis Hastert who filed and subsequently lost a whistleblower suit against the politician for allegedly misusing government funds blasted Hastert’s bid to toss his Seventh Circuit appeal on Monday, saying the ex-lawmaker fails to show how the appellate court lacks jurisdiction.

  • October 10, 2017

    Ex-Katten Muchin Atty, Prosecutors Submit Revised Juror Q's

    Attorneys for the former Katten Muchin Rosenman LLP attorney about to face trial for allegedly helping his then-client Martin Shkreli defraud the pharmaceutical company Retrophin Inc. told a New York federal judge on Monday that they’ve agreed with prosecutors on a six-part questionnaire for potential jurors to answer.

  • October 10, 2017

    'Pre-Hedging' Is Standard Practice, HSBC Forex Jury Hears

    The former head of foreign exchange trading for Deutsche Bank told the New York federal jury weighing the criminal case against an ex-HSBC executive Tuesday that “pre-hedging,” or making some of a large currency purchase in advance, is a standard practice that can be beneficial to the buyer because it keeps the price down.

  • October 10, 2017

    Platinum Execs Say Insurers Must Give Cash For Defense

    Attorneys for hedge fund Platinum Partners and some of its executives on Tuesday pressed a New York state judge to force three excess insurers to advance money to cover their costs of defending against criminal charges over a purported $1 billion securities fraud scheme involving an offshore driller, saying the insurers are duty-bound to provide coverage.

  • October 10, 2017

    Turkish Banker Wants Out Of Iran Sanctions Case Or Own Trial

    Mehmet Hakan Atilla, a Turkish banker accused of helping gold trader Reza Zarrab lie to banks to dodge U.S. sanctions on Iran, told a New York federal judge on Monday that prosecutors are trying to nail him on charges that they lack the authority to bring.

  • October 10, 2017

    Atty Eyed For Payday Loan Fraud Says Tribe Strategy Is Legit

    An attorney defending himself against charges he helped operate a $2 billion criminal payday-loan empire told a Manhattan federal jury Tuesday that he viewed tribal involvement in the enterprise as a legitimate legal shield and asserted that he had "panicked" when he faked a signature on a legal document. 

  • October 10, 2017

    Ex-Soccer Officials Don't Want Jury Sequestered In FIFA Case

    Attorneys for three South American soccer officials headed to trial next month on corruption charges in the wide-ranging FIFA probe urged a federal judge in Brooklyn on Tuesday to not take “extreme” measures to hide jurors' identities from the public and keep jurors partially sequestered.

  • October 10, 2017

    Pa. Man Admits To Kickback Scheme Involving Navy Contract

    A purchasing manager for a U.S. Navy military parts subcontractor in Philadelphia who allegedly accepted $150,000 in cash kickbacks from a machine shop supplier pled guilty Tuesday in New Jersey federal court to conspiring to defraud the United States, according to prosecutors.

  • October 10, 2017

    Vietnamese Man Extradited Over Role In Shopping Scam

    A Vietnamese national appeared in Massachusetts federal court on Tuesday to face charges of participating in a scheme to use stolen credit card data and personally identifiable information to buy and then resell approximately $500,000 worth of goods online, according to the U.S. attorney's office.

  • October 10, 2017

    3 Meningitis Pharmacy Workers Must Face FDA Fraud Claims

    Three employees of the drugmaker connected to the fatal 2012 meningitis outbreak will have to face a jury over allegations that they tried to defraud the U.S. Food and Drug Administration, a Massachusetts federal judge ruled Tuesday, rebuffing their dismissal effort.

  • October 10, 2017

    Justices Give Gov't Go-Ahead To Argue In Leidos Case

    The U.S. Supreme Court gave the government permission Tuesday to take part in upcoming arguments over whether government contractor Leidos Inc. defrauded investors by taking too long to tell them about a criminal probe related to its scandal-wracked CityTime project.

  • October 10, 2017

    AFL-CIO Flags Possible Insider Trading In Navient For SEC

    The AFL-CIO on Tuesday urged the U.S. Securities and Exchange Commission to look into possible insider trading in shares of Navient Corp., pointing to three large blocks of the student loan servicer’s stock that were purchased ahead of news that the U.S. Department of Education had ended information-sharing agreements with the Consumer Financial Protection Bureau.

  • October 10, 2017

    Deutsche Laundering Cop Warns Against DC Guessing Game

    The head of Deutsche Bank AG’s Western Hemisphere anti-money laundering efforts said on Tuesday that banks should not assume that there will be any significant changes to rules governing suspicious activity reporting under the Trump administration.

  • October 10, 2017

    Pa. AG Appeals Dismissal Of Charges In Fatal Amtrak Crash

    Pennsylvania’s attorney general wants to revive the case against the engineer at the throttle of the Amtrak train that crashed and killed eight people in 2015 in Philadelphia, filing an appeal Tuesday of a decision ending the case for lack of evidence.

  • October 10, 2017

    Contractor CEO Guilty Of Selling Flimsy Trucks To Military

    A Virginia federal jury found the CEO of now-defunct Armet Armored Vehicles guilty of fraud and false claims Monday in a suit over roughly $6.4 million in federal contracts for armored trucks in Iraq.

  • October 10, 2017

    Racetrack Co. With Blago Ties Can't Save $21M Coverage Bid

    An Illinois federal judge on Tuesday reiterated that RSUI Indemnity Co. need not defend a bankrupt racetrack operator in a $21 million suit claiming it made money transfers to shareholders despite revelations of its role in a bribery case involving former Illinois Gov. Rod Blagojevich, saying a policy clause specifically excludes such claims.

Expert Analysis

  • Insider Trading After Martoma: Benefits Without Friends?

    Nathan Bull

    The Second Circuit's recent Martoma decision potentially expands the category of persons that, upon the disclosure of confidential information without pecuniary or tangible benefit, may constitute tippers or tippees subject to insider trading liability, say attorneys with Cadwalader Wickersham & Taft LLP.

  • Equifax Brings Early Lessons On Insider Trading Policies

    Gary Tygesson

    Insider trading allegations have surfaced at Equifax, where three executives sold nearly $2 million in shares of the company’s stock days after the cyberattack was discovered but before the news was announced. The situation raises a number of fundamental questions about Equifax’s insider trading policy, say Gary Tygesson and Cam Hoang of Dorsey & Whitney LLP.

  • Standard Insurance Policy May Cover Government Subpoena

    Daniel Wolf

    Even though most in-house counsel know all too well about the challenges and costs of defending government subpoenas, they may not realize that their existing insurance policies might provide coverage for these defense costs — even if those policies do not expressly address subpoenas, says Daniel Wolf of Gilbert LLP.

  • A Guide To The Executive Branch Official Nomination Process

    Adam Raviv

    Although the Trump administration has completed the vetting and confirmation of a cabinet and White House staff, thousands of senior positions remain unfilled throughout the executive branch. More than ever, people selected for those posts find themselves under close scrutiny, say Adam Raviv and Reginald Brown of WilmerHale.

  • Ransomware Issues Too Often Lost In The Shuffle: Part 3

    John Reed Stark

    Despite strong planning and expert guidance, amid all of the chaotic workflow of a ransomware response, two important issues can be easily overlooked — notification/disclosure responsibilities and anti-money laundering compliance, says John Reed Stark, president of John Reed Stark Consulting LLC.

  • Ransomware Issues Too Often Lost In The Shuffle: Part 1

    John Reed Stark

    The U.S. Department of Justice and the Financial Crimes Enforcement Network are turning the tides on ransomware attackers and enablers who exploit the bitcoin ecosystem to anonymize the payments received by their victims. Anti-money laundering statutes and regulations are their preferred statutory weaponry, says John Reed Stark, president of John Reed Stark Consulting LLC.

  • How Collaboration Is Changing Inside Some Law Firms

    Chris Cartrett

    In our recent survey of business of law professionals, nearly half of respondents said that who they collaborate with, inside their law firm, is different from five years ago, says Chris Cartrett of legal software provider Aderant.

  • Opinion

    Dealing With Difficult Lawyers

    Alan Hoffman

    Some lawyers tend to be overly aggressive, regarding law practice as a zero-sum game in which there are only winners and losers. The best response is to act professionally — separating the matter at hand from the personalities. But it is also important to show resolve and not be vulnerable to intimidation, says Alan Hoffman of Husch Blackwell LLP.

  • The Rise Of AI In Corporate Investigations


    The recent growth of corporate data — both in volume and complexity — is exponential and unabated. Used correctly, artificial intelligence will drive efficiency in investigations, maximize results and help to promote regulatory compliance, say Zachary Adams of Squire Patton Boggs LLP and Richard Chalk of Navigant Consulting Inc.

  • 2nd Circ. Corruption Prosecutions In A Post-McDonnell World

    Brian McEvoy

    The landscape of federal public corruption law changed dramatically following the U.S. Supreme Court’s unanimous decision last year in McDonnell. In recent months, the Second Circuit has been grappling with the scope and implications of the ruling, say Brian McEvoy and William Ezzell of Polsinelli PC.