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.
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.
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.
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.
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.
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.
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.
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.
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."
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.
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.
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.
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.
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."
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.