White Collar

  • March 17, 2017

    Texas Justices Say Atty Must Face Church's Breach Claims

    The Texas Supreme Court on Friday held that an attorney must face claims brought by First United Pentecostal Church of Beaumont that he lied about the accessibility of $1.2 million the church had placed in The Lamb Firm PC's trust for safekeeping, when he knew his colleague had stolen the funds.

  • March 17, 2017

    Feds Seek 10 Years For CEO In $3B Ponzi, Rip ‘Moral Failure’

    Federal prosecutors told a Massachusetts court on Thursday that the chief executive of TelexFree Inc.’s efforts to play dumb about the nature of his Ponzi scheme don’t jibe with the “garbage” and “lies” he used to scam thousands of people out of more than $3 billion, saying his conduct merited 10 years in prison.

  • March 17, 2017

    Pastor, Tech Expert Guilty Of Bitcoin Bank Bribery Scheme

    A Manhattan federal jury convicted New Jersey pastor Trevon Gross and Florida tech expert Yuri Lebedev on Friday on charges that they schemed to co-opt a small credit union in order to make it easier to process unlawful bitcoin-dollar exchanges and to obstruct a government investigation.

  • March 16, 2017

    Convicted Ex-Congressman Tells 9th Circ. FBI Tainted Case

    Former Arizona Congressman Rick Renzi asked the Ninth Circuit on Thursday for a new trial, saying he recently learned the FBI had promised to pay a prosecution witness, tainting his conviction for corruption related to a land deal.

  • March 16, 2017

    'Housewives' Star's Ex-Atty Aims To Sink Bankruptcy Deal

    A former attorney for a onetime incarcerated star of “The Real Housewives of New Jersey” on Thursday again took aim at a New Jersey federal court decision allowing her and a bankruptcy trustee to pursue a malpractice action against him, refuting their claims that he lacks standing to challenge the ruling.

  • March 16, 2017

    Trump's Proposed DOJ Budget Could Cut Civil Rights Funding

    The Trump administration's Thursday proposal to cut the U.S. Department of Justice’s budget even as spending on immigration enforcement and other areas increases is another indication that the new administration will put less emphasis on civil rights, fair lending, antitrust and other areas, experts say.

  • March 16, 2017

    Businessman Gets Prison For NYPD Gun Permit Bribes

    A Brooklyn businessman and member of a volunteer safety patrol on Thursday was sentenced to nearly three years in prison for bribing members of the New York City Police Department to secure gun permits.

  • March 16, 2017

    Dewey Defense Takes Aim At Cooperator's Plea Change

    A lawyer for a former Dewey & LeBoeuf LLP executive being tried a second time for fraud sought on Thursday to undermine the credibility of a primary government cooperator by grilling him about his change in guilty plea.

  • March 16, 2017

    Ex-Immigration Atty Gets 40 Years For Kidnapping Scheme

    A Harvard Law graduate and disbarred former San Francisco immigration attorney who admitted to kidnapping a woman and pretending to be an elite criminal in a failed ransom-seeking scheme will spend 40 years in prison for his strange crime spree, according to a Thursday sentencing order.

  • March 16, 2017

    Caterpillar Hires Ex-US AG To Advise On Federal Probe

    The former U.S. attorney general under former President George H.W. Bush who is of counsel to Kirkland & Ellis LLP is assisting Caterpillar Inc. in connection with a federal raid at company headquarters earlier this month over its financial practices, the company said on Thursday.

  • March 16, 2017

    Sheldon Silver Tells 2nd Circ. McDonnell Changes Everything

    An attorney for former New York State Assembly Speaker Sheldon Silver urged a Second Circuit panel Tuesday to reverse his corruption conviction or order a new trial in light of jury instructions made erroneous by the U.S. Supreme Court’s landmark McDonnell decision.

  • March 16, 2017

    Pa. Jury Urged To Reject $116M Drug Refund Fraud Charges

    A Pennsylvania jury was urged during closing arguments on Thursday to reject charges that the CEO of a drug refund company concocted a scheme to bilk customers, including the U.S. Department of Defense, out of $116 million they should have received for their unwanted medications.

  • March 16, 2017

    Kan. Chemist Charged With Illegally Storing Hazardous Waste

    Federal prosecutors on Thursday charged the owner and operator of a Lenexa, Kansas, chemical lab of unlawfully storing hazardous waste as well as obstructing an agency proceeding, the U.S. attorney’s office said in an announcement.

  • March 16, 2017

    Coin.mx Jury Homes In On Bitcoin Fraud Evidence

    Jurors weighing bribery charges against New Jersey pastor Trevon Gross and Florida tech expert Yuri Lebedev in connection with Coin.mx, a shuttered bitcoin-dollar exchange, completed a fourth day of deliberations Thursday after asking for evidence related to fraud charges Lebedev faces.

  • March 16, 2017

    USA Gymnastics Prez Resigns Amid Doctor Sex Abuse Row

    The president and CEO of USA Gymnastics resigned on Thursday amid a scandal over sexual abuse allegations against a former team doctor, one week after a U.S. Olympic committee recommended he step down from the post.

  • March 16, 2017

    Investors Say VW's Admissions Of Guilt Are Proof Of Intent

    A proposed class of Volkswagen AG investors on Wednesday told a California federal court to resolve some of their claims accusing the automaker of scheming to cheat emissions standards, arguing that the company acknowledged the truth of certain claims when it agreed to plead guilty to civil and criminal charges.

  • March 16, 2017

    NC Judge Pleads Guilty Ahead Of FBI Beer Bribery Retrial

    A North Carolina state court judge, who recently won a retrial for allegations that he bribed an FBI agent with beer and money to spy on his wife, pled guilty on Thursday to one of the charges as part of a plea deal.

  • March 16, 2017

    VW Slams German Prosecutors After Jones Day Office Search

    A search of Jones Day’s Munich office prompted harsh criticism from Volkswagen AG on Thursday, as the automaker promised to take action over a probe into the law firm hired to conduct an internal investigation of the company in the aftermath of its diesel emissions scandal.

  • March 16, 2017

    Atty’s Ex Can't Dodge Claim He Hacked Firm Accounts

    A California federal judge said Thursday she won't toss a Monterey-based law firm's suit alleging its managing partner's ex-husband hacked into the firm’s bank accounts to interfere with their divorce proceedings, saying the ex-husband’s anti-SLAPP bid should fail because significant portions of the “shocking” allegations don't involve protected speech.

  • March 16, 2017

    Good Conduct Can't Cut Blagojevich's Jail Time, Gov't Says

    Former Illinois Gov. Rod Blagojevich may well be a changed man after five years in federal prison, but that doesn’t change the serious nature of his crimes or the much-needed deterrent effect of the stiff sentence he received for them — twice, according to federal prosecutors who urged the Seventh Circuit on Wednesday to reject Blagojevich’s second appeal of his sentence.

Expert Analysis

  • Opinion

    Calif. Court Gets Automatic Funding Disclosure Right

    Matthew D. Harrison

    Detractors of litigation funding have strained to characterize a recent decision from a California federal court as significant headway in their crusade against the litigation funding industry. However, in truth, this is a victory for both the industry and those in need of capital to bring meritorious claims against wrongdoers in an often prohibitively expensive legal system, say Matthew Harrison and Priya G. Pai of Bentham IMF.

  • A Look At DOJ's New Guidance On Compliance Programs

    Alison Tanchyk

    New guidance from the U.S. Department of Justice's Fraud Section puts chief compliance officers on notice about how the adequacy of their companies’ compliance programs is evaluated by prosecutors, say attorneys with Morgan Lewis & Bockius LLP.

  • How The Obiang Case Exposes Limits Of Forfeiture Efforts

    Stéphane Bonifassi

    The case against Vice President Teodorin Nguema Obiang is severing diplomatic relations between France and Equatorial Guinea for no benefit to the Equatorial Guinea people. Along the way, France seems to be lecturing the rulers of a formal colonial country, while not cleaning its own house, says Stéphane Bonifassi of Bonifassi Avocats.

  • Anti-Money Laundering Expectations Under Trump

    Michael A. Mancusi

    We do not anticipate the new administration will ease anti-money laundering enforcement. In fact, it is more likely that enforcement of the Bank Secrecy Act is an area of supervision that will increase in the coming years, say attorneys with Arnold & Porter Kaye Scholer LLP.

  • Google Warrant Case Vs. Microsoft Warrant Case

    Philip J. Bezanson

    The Pennsylvania federal court's recent Google decision may give companies emboldened by the Second Circuit's Microsoft decision pause in deciding whether to resist compliance with what they view as overly broad requests for customer data. However, the different results in the cases may serve as useful guidance for securing data abroad, say Philip Bezanson and Laura Prebeck Hang of Bracewell LLP.

  • In Retrospect

    Relearning The Lessons Of Korematsu's Case

    Randy Maniloff

    Fred Korematsu’s U.S. Supreme Court case challenging President Franklin Roosevelt’s executive order that led to the incarceration of approximately 120,000 people of Japanese ancestry may sound like ancient history. However, Feb. 19 marks the 75th anniversary of the order's signing, and that it’s celebrating its diamond anniversary now is breathtaking timing, says Randy Maniloff of White and Williams LLP.

  • Individual Defense In The Shadow Of Corporate Guilty Pleas

    Jessica K. Nall

    Corporate guilty pleas can be expected to have serious implications for the individual executives and employees alleged to have been involved in the conduct under scrutiny. But whether their corporate employer pleads guilty or pursues an alternative resolution, there are other factors at play that can make a bigger difference to the eventual outcome for individuals, say Jessica Nall and Janice Reicher of Farella Braun & Martel LLP.

  • How A General Counsel Should Think About AI: Part 2

    Bruce J. Heiman

    General counsels face the challenging task of understanding how companies can navigate the rules surrounding uses of artificial intelligence. To get smart on AI, general counsels must ask the right questions about areas such as human resources, intellectual property, liability and insurance, say Bruce Heiman and Elana Reman of K&L Gates LLP.

  • How A General Counsel Should Think About AI: Part 1

    Bruce J. Heiman

    Though the Trump administration has yet to make an official statement regarding artificial intelligence, support for AI is consistent with its expressed desire to promote American business. As such, general counsel will inevitably have to navigate what big data and AI mean for compliance with current and future laws and regulations, say Bruce Heiman and Elana Reman of K&L Gates LLP.

  • Preparing For DOJ's International Investigations

    Lara Kroop Delamarre

    It is not unreasonable to fear a possible investigation by the U.S. Department of Justice regardless of the nationality, location or business of a company or individual. The DOJ not only has the determination and resources to pursue white collar cases worldwide, but it has the benefit of increasing international cooperation, says Lara Kroop Delamarre of Cohen & Gresser LLP.