White Collar

  • July 25, 2017

    Ex-Adviser Cops To Trading Scheme With Ex-Hunton Atty

    A former investment adviser admitted in Brooklyn federal court on Tuesday that he schemed to trade on inside information that a convicted ex-Hunton & Williams LLP attorney gleaned from a pharmaceutical industry client.

  • July 25, 2017

    Former Fugitive Atty Pleads Not Guilty To Real Estate Scam

    A disbarred former Hunton & Williams LLP attorney who was on the run from authorities for 20 years pled not guilty Tuesday to wire fraud and identity theft in Boston federal court.

  • July 25, 2017

    Paul Hastings Atty Joins Latham's White Collar Team

    Latham & Watkins LLP has hired a Paul Hastings LLP attorney and former federal prosecutor who's experienced in defending health care, life sciences and pharmaceutical companies against white collar criminal investigations, Latham said Tuesday.

  • July 25, 2017

    Libor Trader Waives Conflict To Keep Paul Hastings Team

    A former Deutsche Bank AG trader accused of rigging the London Interbank Offered Rate told a New York federal judge on Tuesday that he wants to stick with his counsel from Paul Hastings LLP even though there may be a conflict that might limit his attorney’s ability to defend him.

  • July 25, 2017

    Manafort Subpoenaed For Testimony In Election Probe

    The leaders of the Senate Judiciary Committee have subpoenaed former Trump presidential campaign manager Paul Manafort to appear before the committee as part of a probe into attempts to influence U.S. elections, after failing to reach a deal on voluntary testimony, they announced Tuesday.

  • July 25, 2017

    DOJ To Increase International Coordination In FCPA Fines

    As the U.S. Department of Justice continues its busy year for overseas corruption cases, the agency will emphasize coordinating with foreign countries to avoid "duplicative" fines, the acting chief of the DOJ's Fraud Section said Tuesday in an overture to compliance professionals.

  • July 25, 2017

    Justices Asked If Dropped Drug Charges Can Block Visa

    A visa applicant who was denied admission to the U.S. because of drug possession charges that were later dropped has asked the U.S. Supreme Court to review a Seventh Circuit decision that the past indictment alone was enough to keep him out permanently.

  • July 25, 2017

    Kirkland Atty's Russian Client Complicates DOJ Nomination

    Democratic senators asked a Kirkland & Ellis LLP partner at a hearing on Tuesday about his work for a Russian bank caught up in controversy around the presidential campaign, saying it will present a conflict if he is confirmed as head of the Department of Justice's criminal division.

  • July 25, 2017

    Judge Limits Evidence Against Teamsters In ‘Top Chef’ Case

    A federal judge in Boston said Tuesday morning that he was going to limit some evidence in an upcoming trial against Teamsters accused of roughing up a "Top Chef" television crew — including by slashing tires, bending a car antenna and turning off a generator. 

  • July 24, 2017

    'Click Fraud' Trial To Test Reach Of Feds' Cybercrime Powers

    Federal prosecutors in Brooklyn are gearing up to try an Italian citizen who allegedly created a global network of infected computers to fuel a "click fraud" scheme against advertising companies, a first-of-its-kind trial experts say will mark a pivotal test of the government's ability to tie individuals to complex cybercrimes that are growing in both size and sophistication.

  • July 24, 2017

    SEC Wins Bid To Shield Notes From Atty Gone Fraudster

    A D.C. federal judge ruled Monday that an attorney convicted for his role in helping former NFL player Willie Gault manipulate a medical device company's stock can't use the Freedom of Information Act to pry most of the files he wants from the U.S. Securities and Exchange Commission.

  • July 24, 2017

    SEC Says Broker-Dealer Can't Ditch Suit Over 'Layering'

    The U.S. Securities and Exchange Commission urged a New York federal court Friday not to let broker-dealer Lek Securities Corp. and its CEO off the hook from the agency’s suit that alleges the company aided a Ukrainian former client’s efforts to influence securities prices using techniques like the “layering” of phony trades to mimic market forces.

  • July 24, 2017

    Fresh Charges Eyed For Alleged NY Fed Scammers

    Six alleged fraudsters accused of stealing $50 million from investors by posing as New York Federal Reserve employees may soon face additional criminal charges stemming from what a federal prosecutor characterized Monday as a different scheme.

  • July 24, 2017

    Auto Racer's Wife Urges 9th Circ. To Nix $27M FTC Win

    The wife of professional auto racer Scott Tucker told the Ninth Circuit on Friday a court order mandating she and her company disgorge $27 million in "ill-gotten gains" as part of a $1.3 billion Federal Trade Commission unlawful payday lending suit against her husband improperly relieves the commission from having to prove the money was received illegally.

  • July 24, 2017

    Former Bank Exec Could Face 5 Years Over Tax Conspiracy

    The former vice president of a South Carolina bank faces up to five years in prison after pleading guilty on Monday to providing illegal loans to a staffing company that owed the government millions in unpaid payroll taxes, according to the U.S. Department of Justice.

  • July 24, 2017

    Shkreli Says He Won't Take Stand At Securities Fraud Trial

    Martin Shkreli on Monday told a New York federal judge that he will not take the witness stand in his own defense at his securities fraud trial, while jurors were shown documents indicating that Shkreli's hedge funds were strapped for cash while he boasted of hefty returns for investors.

  • July 24, 2017

    Ex-Louis Berger Exec Can Move FCA Suit To NJ, Judge Rules

    A former Louis Berger Group Inc. executive facing allegations he conspired to overbill the federal government on Afghanistan and Iraq reconstruction contracts on Monday won his bid to have the case transferred from Maryland to New Jersey, when a federal judge reasoned the case has no connection to the former state.

  • July 24, 2017

    Driver Of Rig Charged With Smuggling After 10 Die In Texas

    The driver of a tractor trailer who told authorities he didn't know his rig was loaded down with as many as 200 immigrants — 10 of whom perished in the sweltering heat — was charged Monday in Texas federal court with unlawfully transporting undocumented immigrants and could face life in prison or the death penalty.

  • July 24, 2017

    8th Circ. Won't Reconsider Sigillito Ponzi Victims' Case

    The Eighth Circuit has refused to rehear a suit against St. Louis Bank brought by victims of a $56 million Ponzi scheme orchestrated by St. Louis attorney and Anglican Bishop Martin Sigillito after finding in May that the bank didn’t know the money moving through Sigillito's accounts was being stolen.

  • July 24, 2017

    Leading Fla. Surgeon Settles False Claims Suit For $4M

    A Florida doctor who is a leading authority on parathyroid surgery will pay $4 million to resolve a False Claims Act whistleblower suit accusing him of knowingly filing duplicative charges with federal health care programs, the U.S. Department of Justice announced Monday.

Expert Analysis

  • Blockchain's Potential Role In Admissibility Of Website Docs

    Kelce Wilson

    With a properly capable internet browser, legally significant documents that are found on the internet can be trusted to be intact, and therefore likely have greater evidentiary value — provided they had earlier been registered in the right kind of blockchain, says Kelce Wilson, counsel for Tenet3.

  • 5 Questions To Ask Firm Before Accepting A Litigation AFA

    Gregory Lantier

    Outside counsel experienced with alternative fee arrangements will have many war stories regarding successful — and less successful — fee arrangements. Asking outside counsel to share these experiences can provide useful insight into the strength of a proposed AFA, say attorneys with WilmerHale.

  • Takeaways From 2nd Circ.'s Petrobras Ruling

    Brad Karp

    The Second Circuit’s decision last week in Petrobras has significant implications for litigation concerning securities that are traded in the over-the-counter market. Litigation involving debt securities is particularly likely to be affected, say attorneys with Paul Weiss Rifkind Wharton & Garrison LLP.

  • The Risks In Making A Ransomware Payment

    John Reed Stark

    For many ransomware victims, paying the ransom can become the proverbial best worst option. But is it legal? There is little specific legal authority on the subject, so the legalities of payment and negotiation with ransomware attackers are worthy of some analysis, says John Reed Stark, president of John Reed Stark Consulting LLC.

  • Opinion

    Why You Should Argue Your Appeal

    Stewart Milch

    Conventional wisdom says that oral argument is a mere formality; that in courts where judges read briefs in advance, their minds are made up and will rarely — if ever — change. But conventional wisdom notwithstanding, oral argument can be critical, says Stewart Milch of Goldberg Segalla LLP.

  • 6 Ways Teaching A Law School Class Can Benefit Lawyers

    Steven Allison

    Though teaching a law school class may be one of the last things on a busy practitioner's to-do list, it's a misconception that teaching will benefit only those who are looking to leave the practice of law and enter academia. It also offers several practical benefits, especially for more junior lawyers looking for stand-up experience, say Steven Allison and Samrah Mahmoud of Crowell & Moring LLP.

  • Early Lessons From The DOJ Auto Parts Investigation

    Jon Tomlin

    Over the past six years, the U.S. Department of Justice has announced a steady flow of guilty pleas for price-fixing of automotive parts in what has been called the largest criminal antitrust investigation in U.S. history. The information contained in plea agreements reached thus far offers a “sneak peek” into what future economic research may reveal, say Jon Tomlin and Chris Ring of Navigant Consulting Inc.

  • Spiral Dynamics And The Vanishing Jury Trial

    Jennifer Gibbs

    Over the past 20 years, the number of jury trials has been on a dramatic decline. What if the vanishing jury trial is evidence of an expected development of human consciousness — explained by a theory known as spiral dynamics? asks Jennifer Gibbs, a partner with Zelle LLP.

  • 2 New Cautionary Tales About Protecting Privilege

    Tirzah Lollar

    As two recent federal court rulings in Washington, D.C., and Arkansas make clear, developing an early record of the purpose of a corporate internal investigation and the involvement of lawyers is crucial to establishing and maintaining privilege over the records eventually created, say Tirzah Lollar and Erica Connolly of Vinson & Elkins LLP.

  • A Midyear Review Of Fed Reserve's AML Enforcement Actions

    Harry Dixon

    As the public’s interest in the topic of money laundering grows due to the ongoing special counsel investigation into the 2016 presidential election, now is an appropriate time to review the Federal Reserve's anti-money laundering enforcement actions. These actions have been a key part of the Fed’s enforcement strategy and will continue into the future, says Harry Dixon of Taylor English Duma LLP.