Ex-Deutsche Bank AG trader Christian Bittar has pled guilty to rigging a key European interest rate benchmark ahead of a trial scheduled for April, Britain’s Serious Fraud Office said Thursday.
The Florida federal judge overseeing Venezuela’s state-owned oil company PDVSA’s suit over an alleged bribery scheme said Wednesday he would modify a temporary restraining order to prohibit all defendants from destroying any records related to business with it, but stopped short of granting the oil company’s request to immediately access defendants’ servers and documents.
A former Fisher Phillips partner who prosecutors say shot and killed his wife to salvage a dire financial situation that included owing her hundreds of thousands of dollars was "surprised" there was only $400,000 in her checking accounts, the woman's longtime personal assistant testified Wednesday.
A Delaware defense attorney was publicly reprimanded Wednesday and ordered to take a course in professionalism by the state Supreme Court after he sent communications to prosecutors referencing him exposing his "thing" in a box, among other sexual comments, and his suspicions that one of the prosecutors was Jewish.
Prosecutors trying to convict a pair of Boston City Hall aides accused of extortion told a Massachusetts federal judge Wednesday that his definition of the word is so narrow, it could make it tougher to prosecute cases against mafia soldiers or corrupt politicians under the Hobbs Act.
An alleged scheme to reduce local access lanes to the George Washington Bridge as a form of political revenge was not a crime, a former Port Authority of New York and New Jersey executive said Wednesday in urging the Third Circuit to throw out his conviction in the scandal.
The Third Circuit threw out the 10½-year prison sentence Wednesday of a convicted bank fraudster after rejecting a trial judge’s conclusion that the man had been on parole for an unrelated crime at the time he joined the conspiracy.
The Federal Reserve has ordered the Industrial and Commercial Bank of China Ltd. to reform its anti-money laundering protections after finding “significant deficiencies” during its most recent examination of the bank’s New York branch, the regulator announced Tuesday.
The National Association of Criminal Defense Lawyers, the American Civil Liberties Union and others are calling on Congress to block legislation meant to facilitate cross-border data requests by law enforcement, saying the measure would torpedo U.S. residents’ Fourth Amendment rights.
A former electrical engineer convicted of trying to sell surface-to-air missiles and military aircraft parts to the Iranian government was sentenced Wednesday to 25 years in prison, despite his claims he was actually trying to expose the regime as a violator of international law.
The court-appointed receiver for the failed Jay Peak EB-5 project asked a Florida federal judge Tuesday to approve a $1.5 million settlement agreement with contractor PeakCM LLC, which represents a discount from the company's initial $2.75 million in claims.
U.S. lawmakers should seek ways to peel away exemptions from U.S. antitrust laws and apply a skeptical view toward future requests for such exemptions, said consumer advocates, attorneys, business associations and free market groups at a D.C. roundtable on Wednesday.
A former high-ranking New Jersey federal prosecutor and recent Mayer Brown LLP partner is returning to Kramer Levin Naftalis & Frankel LLP as a partner in its white collar defense and investigations practice, the firm announced Wednesday.
A Texas appellate court on Wednesday revived a legal malpractice claim brought by an attorney convicted for forging a client’s will, ruling a subsequent lifting of the criminal charge gave her the leeway to sue her former criminal defense attorney for ineffective assistance of counsel.
A California CPA seeks $700,000 in punitive damages, alleging the Justice Department violated his privacy rights and those of hundreds of taxpayers by illegally copying a hard drive seized in a raid of a dietary supplement company and leaking its contents to the public, according to a complaint filed Wednesday.
A former Samsung America Inc. executive lost his bid to escape a six-year-plus prison term for embezzling about $1.6 million from the company after a New Jersey federal judge on Tuesday rejected claims that his former attorney was ineffective for not consulting with him about a possible appeal.
More than 100 individuals in the Jacksonville, Florida, area have been charged with felonies for their involvement in a $5 million food stamp trafficking scheme, state Attorney General Pam Bondi announced Tuesday.
Civil and criminal charges have been filed against a former Equifax executive accused of selling off shares before the public was informed of the company’s massive data breach, the U.S. Securities and Exchange Commission and U.S. Department of Justice announced Wednesday.
A former United Auto Workers official has been charged in Michigan federal court for participating in a scheme in which Fiat Chrysler Automotive US LLC executives allegedly diverted millions of dollars earmarked for a worker training center to pay off union executives in cash and gifts.
A hedge fund owner urged a New Jersey federal court Monday to toss his convictions last month on charges of duping two investors into giving him about $4 million, saying the trial evidence was insufficient to prove he acted with an intent to defraud.
What do a cattle rancher, an attorney, a financier and a professional sports bettor have in common? All have been subject to recent abuses of power by prosecutors and law enforcement officials. Violating defendants’ rights with shady tactics and leaks undermines our justice system, says communications consultant John Banks Brooks.
Legal leaders who want to meet their clients' expanding expectations should start moving their documents to future-ready document management solutions now if they want to stay competitive in the next few years, says Dan Puterbaugh of Adobe Systems Inc.
With numerous criminal and regulatory penalties recently levied against financial institutions for deficiencies in their Bank Secrecy Act and anti-money laundering programs, the government has signaled that AML enforcement remains a top priority, say attorneys with Arnold & Porter.
With the NCAA Committee on Enforcement circling and preparing to swoop in as soon as the Southern District of New York concludes the fact-finding stage of its investigation, a proactive approach by universities and their general counsels can help calm a crisis in college basketball, say attorneys with Cadwalader Wickersham & Taft LLP.
While history is littered with reports and whitepapers that do not inspire change, there is an opportunity for the U.S. Department of Justice's new Cyber-Digital Task Force to have an impact, say attorneys with Wiley Rein LLP.
While newer forms of commercial crime policies specifically address cryptocurrency losses, there may be debate whether cryptocurrencies are "money," "securities" or "other property" under traditional crime forms. The argument will possibly focus on the "security" definition, say attorneys with Wiley Rein LLP.
Sponsored health care programs have expanded the scope of available services to include "providers" who do not offer direct medical care, but who facilitate or coordinate the provision of services by physicians and other more traditional caregivers. Difficulties in determining how to monitor these newer provider types may have kept them off the government's fraud and abuse radar for a while, but not anymore, says Paul Cirel of Todd & Weld LLP.
Several circuits have taken different approaches on how to assess the prejudice caused by erroneous jury instructions on a criminal defendant’s principal trial theory when the defendant challenges the instructions for the first time on appeal. The latest decision is from the Fifth Circuit, in U.S. v. Fairley, says Andrew Goldsmith of Kellogg Hansen Todd Figel & Frederick PLLC.
Global authorities are taking an increasingly coordinated approach toward the investigation and prosecution of economic misconduct. Further significant developments in 2018 will likely refine the manner in which such investigations are approached, say attorneys with Cleary Gottlieb Steen & Hamilton LLP.
A number of significant corporate resolutions were reached in 2017, which have provided guidance on the level of cooperation expected by criminal and civil authorities, primarily in Europe. Meanwhile, the divergent approaches to legal privilege taken by courts in different jurisdictions provide significant challenges to those conducting cross-border internal investigations, say attorneys with Cleary Gottlieb Steen & Hamilton LLP.