White Collar

  • January 17, 2017

    Crime Writer Settles Battle With Former Accountants

    Patricia Cornwell and her former business managers at Anchin Block & Anchin LLP have resolved the crime writer’s claims that the accounting firm falsely reported to federal prosecutors that she directed one of the company’s principals to commit a campaign contribution felony, according to a Tuesday filing in Massachusetts federal court.

  • January 17, 2017

    Secret Client In JPM Whistleblower Case To Be Named

    The anonymous Client A, who is at the center of a lawsuit against JPMorgan Chase & Co. by an ex-executive who claims the bank fired her for flagging possible fraud, will be identified at trial and may be called as a witness by the former banker, a New York federal judge said Tuesday.

  • January 17, 2017

    Deutsche Bank Finalizes $7.2B MBS Settlement

    The U.S. Department of Justice finalized a $7.2 billion deal with Deutsche Bank AG on Tuesday, releasing new details about how Germany’s largest bank misled investors in selling subprime mortgage-backed securities that led to the 2007 financial crisis.

  • January 17, 2017

    Visium Trial Witness Describes Illegal Health-Sector Trades

    Former Visium Asset Management LP portfolio manager Christopher Plaford told a Manhattan federal jury Tuesday that he used information about falling government health care reimbursement rates from David Blaszczak, a former Centers for Medicare & Medicaid Services employee, to bet against home health-sector stocks.

  • January 17, 2017

    Indiana Prosecutor Sanctioned For Cop Murderer Book Deal

    The Indiana Supreme Court sanctioned an elected county prosecutor on Friday, finding that his attempt to secure a book deal related to the prosecution of a police officer’s murder trial interfered with his ability to represent the state in the case.

  • January 17, 2017

    Tragic Juror Issues Delay Litvak Deliberations

    Deliberations have halted in the retrial of former Jefferies & Co. trader Jesse Litvak after an alternate juror died over the weekend and another was involved in a serious car accident, a spokesman for the Connecticut federal prosecutor's office confirmed Monday.

  • January 17, 2017

    Judge OKs Geico's Discovery Bid In Fraud Case

    A New Jersey federal judge on Tuesday ordered a group of outpatient care facilities sued by Geico over an alleged kickback scheme to explain why they can’t obtain requested discovery documents, which they claim were ruined after the government seized their computers, from their original sources.

  • January 17, 2017

    SEC Ban On Convicted Atty Wrongfully Retroactive: DC Circ.

    A former attorney convicted in a wide-ranging securities fraud scheme challenging a lifetime industry ban saw his appeal granted on five of six fronts Tuesday when a D.C. Circuit panel found the U.S. Securities and Exchange Commission had incorrectly applied Dodd-Frank Act provisions retroactively.

  • January 17, 2017

    Alleged International RE Bribe Con Man Denies NY Charges

    A man accused of tricking relatives of former United Nations head Ban Ki-moon into paying him $500,000, money that was supposed to serve as a bribe to pave the way for an $800 million building complex in Vietnam, denied fraud and money laundering charges in Manhattan federal court Tuesday. 

  • January 17, 2017

    Gambler Says FBI Leaks Ruin Insider Trading Case

    Prominent sports gambler Billy Walters on Friday asked a New York federal judge to dismiss an insider trading case against him — which also ensnared pro golfer Phil Mickelson — saying his rights were violated by a rogue FBI agent who leaked details of the investigation to the press.

  • January 17, 2017

    Justices Won't Hear Fla. Official's Bribery Appeal

    The U.S. Supreme Court on Tuesday said it would not take up the bribery-related conviction of a former Florida transportation official who purportedly offered a $5 million state contract to an engineering company in exchange for taking on his choice of subcontractors.

  • January 17, 2017

    Ex-Nova Bank Board Chairman Asks For No Prison Time

    The former board chairman of now-defunct NOVA Bank has asked a Pennsylvania federal judge for leniency when sentencing him next week for devising a circular lending scheme in a failed effort to deceive federal regulators into investing in the bank, arguing that a probationary punishment should be handed down.

  • January 17, 2017

    Ex-House Attys Urge High Court To Review Menendez Ruling

    Former general counsels of the U.S. House of Representatives have joined U.S. Sen. Bob Menendez, D-N.J., in urging the U.S. Supreme Court to review a Third Circuit decision upholding his corruption charges, saying the ruling improperly allows scrutiny of a lawmaker's motives to gauge whether legislative acts are constitutionally protected.

  • January 17, 2017

    Dewey Execs Blast DA's Bid To Limit Star Witness Questions

    Two former Dewey & LeBoeuf LLP executives have shot back at a bid by the Manhattan district attorney’s office to limit cross-examination of a cooperating witness in the upcoming retrial over alleged accounting fraud, saying they have a right to explore whether the witness is “shading his testimony to curry favor.” 

  • January 15, 2017

    How Jed Rakoff, One-Man Circuit Split, Saved Bharara's Bacon

    BigLaw and the federal bench turned out in force Friday to witness history's first attempt to transform U.S. District Judge Jed Rakoff's West Coast end-run around the Second Circuit's Newman insider trading decision into the stuff of legend.

  • January 13, 2017

    DOJ, FTC Update Int'l Antitrust Enforcement Guidelines

    The U.S. Department of Justice and the Federal Trade Commission on Friday announced updates to a 22-year-old set of guidelines for international enforcement of U.S. antitrust laws, which shed new light on how federal agencies cooperate with their foreign counterparts during investigations.

  • January 13, 2017

    11th Circ. Revives Suit Alleging JPMorgan Aided $1.3M Scam

    The Eleventh Circuit on Friday revived a Florida man’s suit accusing JPMorgan Chase of helping a fraudster siphon $1.3 million of his money out of a Chase account, ruling the man had presented sufficient evidence that bank employees knew a scam was underway. 

  • January 13, 2017

    Ex-Title Agent Pleads Guilty In $6M Fake Mortgage Scam

    A Panama City, Florida, title agent on Friday pled guilty to charges that she participated in a scheme to rip off banks by setting up fraudulent third-party purchases of more than $6 million worth of properties in northwest Florida.

  • January 13, 2017

    Fla. Man Admits To $29M Ponzi Scheme, Development Fraud

    A Florida man pled guilty Friday in federal court in Miami to two counts of wire fraud in connection with a $29 million Ponzi scheme and a scheme to illegally obtain economic development funds from the state of South Carolina.

  • January 13, 2017

    Longtime US Atty Expected To Be DOJ Second-In-Command

    U.S. Attorney Rod Rosenstein of Maryland, one of a few Senate-confirmed federal prosecutors to have served under both Republican and Democratic administrations, is a frontrunner to become deputy attorney general, a source familiar with the transition said Friday.

Expert Analysis

  • Are Courts In The Discovery Driver’s Seat?

    Cristin K. Traylor

    I recently asked a panel of four federal court judges whether they expect courts to start taking a more active role in e-discovery. They answered with a resounding yes. However, their responses left me wondering whether courts are actually taking a more active role in discovery since the Federal Rules of Civil Procedure amendments took effect in December 2015, says Cristin Traylor of McGuireWoods LLP.

  • Salman Insider Trading Case A Hollow Win For Prosecutors

    Michael Guttentag

    The dominant narrative about Salman v. U.S., the first insider trading case decided by the U.S. Supreme Court in almost 20 years, is that it was a big win for federal prosecutors. That is only part of the story, says professor Michael Guttentag of Loyola Law School.

  • Talking 'Bull': Episode 9, Light My Fire

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    The TV show Bull has high ratings, but has not grabbed hold of the zeitgeist. There have not been tangential think pieces in the arts pages, but the legal community is well aware of the series. Bull seems to be like one of those shows that you realize years later is still on the air being watched by a lot of people you have never met, like the Mentalist or some show in which a fat guy is the dad, says Dr. Roy Futterman of DOAR Inc.

  • Rules Of Civil Procedure Updates Affect E-Discovery

    Patrick Reilly

    On Dec. 1, 2016, the annual updates to the Federal Rules of Civil Procedure went into effect. Revisions include the end of the three-day “mail rule” extension for electronically served discovery, an amendment regarding service of internationally based corporate defendants, and a technical change regarding venues in maritime law actions, say Patrick Reilly and Eldin Hasic of Faegre Baker Daniels LLP.

  • High Court Eschews Technicalities In Bank Fraud Law Ruling

    Kate Toomey

    The U.S. Supreme Court's focus in Shaw on the practical, rather than the technical, continues the approach that the court took in Loughrin — that legal “niceties” should not dictate the interpretation of the bank fraud statute, says A. Katherine Toomey of Lewis Baach PLLC.

  • The Path To The California Bench

    Judge George F. Bird

    Ever consider applying for a judicial appointment in California? Get the lay of the land from Judge George Bird of the Los Angeles Superior Court and Kimberly Knill, a senior appellate court attorney for the California Court of Appeal. Additionally, hear what several recent appointees to the LA Superior Court thought of the judicial selection process.

  • 3 Tips To Avoid Being On The Outs With In-House Counsel

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    When trial lawyers fail to recognize the unique challenges faced by in-house counsel, it jeopardizes not only the outcome of the case, but also the opportunities for future representation. These few simple strategies are hardly rocket science, but they are too often neglected, says Matthew Whitley
 of Beck Redden LLP.

  • The Horrible Conflict Between Biology And Women Attorneys

    Anusia Gillespie

    Women leave law firms for many of the same reasons men do, but also face challenges including headwinds with respect to assignment delegation and social outings, as well as potential disruptions if they choose to have children. Firms can increase investment in talent management and improve retention and engagement of women attorneys, says Anusia Gillespie of Banava Consulting.

  • How Latin America Is Stepping Up Anti-Corruption Efforts

    Morgan Miller

    For much of 2015 and 2016, barely a day went by without an anti-corruption-related headline involving Latin America, as companies operating throughout the region have and continue to become well acquainted with a growing appetite to root out corruption, say attorneys with Paul Hastings LLP.

  • Lawyer EQ: Finding Success In Every Interaction

    Judith Gordon

    American legal education relies almost exclusively on analytical thinking. But success in legal practice depends in large part upon an accurate emotional understanding of oneself and the human seated opposite us. Honing emotional intelligence skills can lead to greater success, and Judith Gordon of LeaderEsQ offers a few tools that can be implemented immediately to raise one’s emotional intelligence quotient.