White Collar

  • August 10, 2017

    Manafort Drops WilmerHale, Hires M&C For Russia Probe

    Shortly after his home was raided by the FBI in an investigation into Russian election meddling, Paul Manafort has dropped his attorneys from WilmerHale and is retaining counsel from Miller & Chevalier Chtd., a spokesman confirmed Thursday.

  • August 10, 2017

    Manhattan DA Frustrated With State's Inertia On Law Updates

    Manhattan District Attorney Cyrus Vance said at an event on Thursday that lawmakers don't have a good reason for failing to update the state's antiquated criminal code and give local prosecutors the necessary tools to fight cybercrime, fraud and corruption.

  • August 10, 2017

    Brothers Admit Roles In $428K ATM Skimming Scheme

    Two brothers admitted Thursday in New Jersey federal court to taking part in a scheme to steal bank account information from customers and withdraw about $428,000 by installing secret card-reading devices and pinhole cameras on PNC Bank and Bank of America ATMs, authorities announced.

  • August 10, 2017

    Eye Doc Tied To Sen. Menendez Gets Sentencing Postponed

    The sentencing hearing for Salomon Melgen, the Florida eye doctor convicted of fraud, that was scheduled for Friday has been postponed until after the September bribery trial in which he and Sen. Bob Menendez, D-N.J., are co-defendants, according to a Florida federal judge's brief Thursday order. 

  • August 10, 2017

    Ex-Nomura VP Pleads Guilty To Insider Trading

    A former vice president and risk management specialist at Nomura Holdings Inc. pled guilty in a New York federal court Thursday to securities fraud for trading on insider information about private equity powerhouse Golden Gate Capital LP's acquisition of advertising tech firm Neustar Inc. 

  • August 10, 2017

    Yates Memo Altered Cos.' Response To Probes, Panelists Say

    Nearly two years after then-Deputy Attorney General Sally Yates issued a memo that instructed government prosecutors to pursue individual actors in probes into corporate misconduct, a Thursday afternoon panel of experts at the American Bar Association annual meeting in New York agreed that the memo has probably had more impact on the companies being investigated than on the officials investigating them.

  • August 10, 2017

    SEC Fights Broker's Bid To Slip $1.6M Sanofi Fraud Verdict

    The U.S. Securities and Exchange Commission asked a Georgia federal judge on Thursday to keep a $1.6 million insider trading judgment in place against an insurance broker who has said the government’s evidence was insufficient, saying jurors had more than enough to nail him.

  • August 10, 2017

    4th Circ. Backs Removal For Seeking Sex With 14-Year-Old

    A split Fourth Circuit approved the deportation of a U.S. permanent resident who allegedly admitted to soliciting sex from a 14-year-old girl, finding Wednesday that a courtroom comment confirming a deferred prosecution agreement constituted a conviction.

  • August 10, 2017

    Ex-Union Boss, Hedge Fund Founder Told To Prepare For Trial

    U.S. District Judge Andrew L. Carter Jr. said Thursday he is unlikely to dismiss fraud charges against hedge fund founder Murray Huberfeld and former union boss Norman Seabrook, putting the case on course for an October trial that will feature a key cooperating witness the defense calls a “one-man crime wave.”

  • August 10, 2017

    Ex-QVC PR Director Charged In $1M Billing Scheme Fraud

    A former director in the marketing department of QVC Inc. was indicted in Pennsylvania federal court Thursday on charges that he stole more than $1 million from the company through a series of fraudulent billing schemes involving two contractors.

  • August 10, 2017

    Rising Star: Kirkland's Tianjing 'Tiana' Zhang

    Tianjing "Tiana" Zhang leads Kirkland & Ellis LLP’s white collar and cross-border litigation practice from her home base in Shanghai. But Zhang is a true international expert, with deep legal experience and training in the U.S. and China, and experience counseling multinationals like Baxter International, Tenneco Inc. and Syngenta, landing her among Law360’s Rising Stars.

  • August 10, 2017

    NJ Nurse Accused Of Sexual Assault Gets License Suspended

    The license of a New Jersey registered nurse has been temporarily suspended in the wake of sexual assault and related charges against him in connection with two patient incidents at Robert Wood Johnson University Hospital, authorities announced on Thursday.

  • August 10, 2017

    Teamsters Tell Jurors ‘Top Chef’ Fracas Was Just A Picket

    Four Teamsters accused of roughing up a “Top Chef” television crew to get unneeded truck driving work told a federal jury in closing arguments of their extortion trial Thursday that they’re innocent because they were just trying to get real jobs.

  • August 10, 2017

    Ex-Nomura Trader Says Hustling MBS Isn't Fraud

    A Nomura trader who the U.S. Securities and Exchange Commission alleges fraudulently bought and sold commercial mortgage-backed securities has asked a New York federal judge to dismiss the case, comparing himself to a car salesman who used small lies as a negotiating tactic.

  • August 10, 2017

    Ex-Ambassador To Czech Republic Rejoins Quinn Emanuel

    Quinn Emanuel Urquhart & Sullivan LLP said Wednesday that an attorney who specializes in intellectual property, white collar crime, securities litigation and appeals, who previously left the firm to serve as a U.S. ambassador, has returned to work out of the firm's Chicago and New York offices.

  • August 10, 2017

    RBS Sued For £153M Over Carbon Credit Fraud Claims

    Royal Bank of Scotland PLC is being sued for around £153.4 million ($199 million) by liquidators at accountancy firm Grant Thornton acting on behalf of Bilta U.K. Ltd. and other companies over the bank’s alleged role in a vast carbon trading tax fraud.

  • August 9, 2017

    3rd Circ. Revives Retaliation Claims Against Ex-Pa. AG Kane

    A Third Circuit panel told five former high-ranking Pennsylvania law enforcement officials on Wednesday they can bring retaliation claims against former attorney general Kathleen Kane in continued fallout from a yearslong saga over grand jury leaks, alleged investigatory missteps and the scandal over lewd emails circulated on state email addresses.

  • August 9, 2017

    Click Fraud Trial Shows Prosecutors Must Be Storytellers

    With the acquittal of an Italian man of all but one misdemeanor charge in what prosecutors described as a worldwide “click fraud” scheme to defraud advertisers, former federal prosecutors and cybercrime experts say the landmark trial may be a turning point in how complex cybercrimes are delivered to juries.

  • August 9, 2017

    CFTC Can't Have Lifetime Ban For Convicted Ex-Trader

    A Chinese national who admitted to making false entries in a computerized record of commodities futures orders won’t be banned from commodities trading for life now that a New York federal judge ruled Tuesday that his misconduct didn’t justify the additional relief sought by the U.S. Commodity Futures Trading Commission.

  • August 9, 2017

    Search For Mueller Conflict A Futile Effort, Ethics Expert Says

    The long roster of lawyers involved in the Trump-Russia morass may prove to be a boon for ethics scholars eager for fresh material, but don’t expect the investigation to turn on a legal conflict with the man spearheading the probe, New York legal ethics expert Stephen Gillers said Wednesday.

Expert Analysis

  • For Law Firm Offices, Business Savvy Is The New Cool

    Craig Braham

    Having embraced the notion that the right space can reinforce the right firm culture, law firm leaders have been evaluating real estate primarily for its physical properties. However, it's hard to be collegial, even in the coolest of in-house coffee bars, if your cost structure is untenable, says Craig Braham of Advocate Commercial Real Estate Advisors LLC.

  • Planning A Legal Career With A Future Relocation In Mind

    Jacqueline Bokser LeFebvre

    Lawyers move to New York City to work on some of the most sophisticated work the legal market has to offer. This exposure and experience is an amazing asset and many of the skills developed will make associates very marketable in the event they consider relocating to another market. However, this isn’t always the case, says Jacqueline Bokser LeFebvre of Major Lindsey & Africa.

  • 4 Female Perspectives On BigLaw Leadership

    Regina Pisa

    Only a handful of the largest U.S. law firms are led by women. Here, in their own words, are perspectives from Shook Hardy & Bacon Chair Madeleine McDonough, Crowell & Moring Chair Angela Styles, Morgan Lewis & Bockius Chair Jami Wintz McKeon and Goodwin Procter Chair Emeritus Regina Pisa.

  • OFAC Continues To Pursue Oil And Gas Companies

    Michael Casey

    The ExxonMobil penalty is the latest in a string of recent, increasingly aggressive U.S. Treasury Department Office of Foreign Assets Control enforcement actions targeting nonfinancial institutions and particularly entities operating in the oil and gas industry, say attorneys with Ropes & Gray LLP.

  • The Elephant In The Room: Advancing Women To Partnership

    Anusia Gillespie

    Despite more focus and investment, the numbers continue to show little progress in advancing women to the top tiers of firm leadership. Considering the irreversible nature of the transformation of the market for top talent, it is time to start experimenting and innovating from the core, rather than from the periphery, say Anusia Gillespie and Scott Westfahl of Harvard Law School.

  • How Midsize Law Firms Can Minimize Cybersecurity Threats

    K. Stefan Chin

    It can be challenging for midsize law firms to develop an enterprise cybersecurity program that mitigates the eminent threat of data breach and meets the regulatory and compliance requirements of the firm and its clients. This challenge becomes daunting when considering the steady rise in client audits, say K. Stefan Chin of Peckar & Abramson PC and John Sweeney of Logicforce.

  • Opinion

    The Remedy For Election Fraud Is A New Election

    Robert Klonoff

    Surprisingly, despite extensive media coverage of the Russia investigation, virtually no one has focused on the irrationality of allowing Vice President Pence to become president if the facts reveal that the election itself was fraudulent, says Robert Klonoff, a professor at Lewis & Clark Law School.

  • 2nd Circ. Libor Ruling Helps Subjects In Int'l Investigations

    Gregory O’Connell

    The Second Circuit's Allen decision Wednesday tilts the scales toward subjects and targets in multinational investigations. U.S. prosecutors could be forced to get involved in international investigations earlier than they might like, say Gregory O’Connell and Peter Sluka of De Feis O’Connell & Rose PC.

  • Sherman Act Is An Unconstitutional Criminal Statute: Part 2

    Robert Connolly

    What passed constitutional muster when the Sherman Act was a misdemeanor merits another look now that the statute carries a maximum jail time of 10 years. I have a proposal to fix the criminal element of the Sherman Act, says Robert Connolly of GeyerGorey LLP.

  • Weekly Column

    Innovating For Wise Juries: Matching Experts

    Stephen Susman

    In the penultimate installment of this series, Stephen Susman, Richard Lorren Jolly and Dr. Roy Futterman of the NYU School of Law Civil Jury Project answer a question on many legal analysts’ minds: What if both sides’ expert witnesses sat in a hot tub discussing the case while a jury watched?