White Collar

  • March 9, 2018

    Senior Judges Fill The Void Left By Rampant Vacancies

    More federal judges are skipping the golf course to head back to the courtroom upon taking senior status, and they're playing an increasingly vital role in a strained system.

  • March 9, 2018

    How Far Right Can The President Pull The Courts?

    Although President Donald Trump set a record with the number of circuit judges he named during his first year, experts say that's not the whole story. Here’s our data-driven look at what the White House faces in its quest to reshape the appeals courts.

  • March 9, 2018

    Man Gets 2 Years for $100M Fitbit Stock Manipulation Fraud

    A 25-year-old Virginia man was sentenced Friday in New York federal court to two years in prison for orchestrating a $100 million market manipulation scheme that quickly drove up the price of Fitbit Inc. stock, netting him about $4,000.

  • March 9, 2018

    Venezuela's Oil Co. Says It Lost Billions In Bribery Scheme

    A litigation trust for Venezuela’s state-owned oil company PDVSA has sued international oil companies Glencore, Lukoil, Vitol and others for allegedly participating in a scheme to bribe the Venezuelan company’s employees in exchange for advance information about crude oil purchases.

  • March 9, 2018

    Ill. Atty Stole $200K From Clients, Regulator Says

    A complaint has been filed against an attorney with the Illinois Attorney Registration and Discipline Commission alleging he embezzled over $200,000 of client money from accounts he controlled, including settlement money he allegedly never told the client about.

  • March 9, 2018

    Transmar Cocoa CEO, Son Plead Guilty To $400M Bank Fraud

    A father and son pled guilty Friday in New York federal court to defrauding a group of lenders through false “borrowing base” reports designed to secure a $400 million line of credit for their cocoa trading company, Transmar Commodity Group Ltd., and face a maximum of 30 years in prison.

  • March 9, 2018

    Insurance Co. Can't Dodge Coverage In Bank Fraud Scheme

    A South Carolina federal judge refused Thursday to end claims against an insurer over coverage for a former GrandSouth Bank vice president indicted in connection with lending that allegedly enabled a staffing company's continued nonpayment of payroll taxes, citing an ongoing factual dispute as to whether separate suits are “interrelated” and so quash coverage.

  • March 9, 2018

    Immigration Atty Gets 6 Years For Visa Fraud Scheme

    An Indiana-based immigration attorney was sentenced Friday to more than six years in prison for defrauding more than 250 clients and the federal government by filing illegitimate visa applications and subsequently pocketing approximately $750,000 in related fees.

  • March 9, 2018

    Stock Trader Cops To $3M Insider Trading Scheme

    The ringleader of a stock-trading operation on Friday copped to his role in a $3 million scheme that involved violating confidentiality agreements with investment banks and short-selling securities before offerings were publicly disclosed, New Jersey’s federal prosecutor announced.

  • March 9, 2018

    Insured's Ignorance Of Grace Period's End No Excuse: Judge

    A Pennsylvania federal judge ruled Thursday that Cincinnati Insurance Co. needn't pay more than $100,000 to Wescott Electric Co. in connection with a decadelong, multimillion-dollar employee theft, saying that, in the string of policies Wescott bought, it should have known of the eventual discontinuation of a one-year grace period for claims reporting.

  • March 9, 2018

    Penny Stock 'Mailman' Hit With Securities Fraud Charges

    A Florida-based penny stock promoter known as "Mailman" has been charged with criminal securities fraud in Alabama federal court in a so-called scalping scheme in which he allegedly bought shares of publicly traded companies, then touted the companies through mass mailings to boost their stock prices without disclosing his ownership.

  • March 9, 2018

    BNP, Trustee Argue Due Diligence In Madoff Clawback Suit

    BNP Paribas SA and the bankruptcy trustee for Bernie Madoff’s investment company argued Friday before a New York bankruptcy judge over whether the French bank was a negligent steward or merely an innocent dupe as they contested an attempt to make BNP and its affiliates pay $156 million for accepting money from Madoff’s Ponzi scheme.

  • March 9, 2018

    Former Army Corps Staffer Gets 8 Years For Afghan Bribery

    A former U.S. Army Corps of Engineers contracting officer has been sentenced to more than eight years in prison for taking bribes to help smooth the way for an Afghanistan road construction contract, the U.S. Department of Justice announced Thursday.

  • March 9, 2018

    Vigilante Hacker To Face Trial, Lawyer’s Dismissal Bid Denied

    A Somerville, Massachusetts, hacker who allegedly attacked computer systems at the renowned Boston Children’s Hospital in an bid to save a teenage patient he claims was tortured by her caretakers will face trial in April, after a federal judge on Friday denied his attorney’s bid to leave the case.

  • March 9, 2018

    PNC Says Bank Law OKs Criminal Check For Job Applicants

    A PNC bank unit asked a Pennsylvania federal judge to throw out class allegations that it wrongly revoked a job offer to an applicant based on criminal history records, saying Friday that federal banking law preempts a state statute against considering such histories when assessing job applications.

  • March 9, 2018

    Mass. Seafood Co. Manager Avoids Jail For Tax Evasion

    The former manager of a Massachusetts-based seafood processor avoided jail time on Friday after admitting he failed to report about $80,000 he netted, and will instead face home confinement, probation, and as many Uber rides as it takes to pay back the government.

  • March 9, 2018

    UK Litigation Roundup: Here's What You Missed In London

    The last week has seen a BMW plant lodge a commercial fraud claim against Barclays, another dispute between Barents Re and Petróleos de Venezuela's captive insurer and AXA take on a rival private health insurer.

  • March 9, 2018

    Wilmington Trust Execs' Fraud Trial Set To Begin In Del.

    Federal prosecutors were poised for a second time Friday to take four Wilmington Trust Corp. executives to trial in Delaware on securities fraud and related charges for allegedly hiding more than $1 billion in past due loans, in a case that will likely hinge on disputed loan status reporting mandates.

  • March 9, 2018

    Ex-Credit Union Worker Pleads In Pa. Judge's Bribery Case

    An ex-Philadelphia Federal Credit Union manager pleaded guilty on Friday to charges that he helped a Bucks County magistrate judge and a local attorney launder money that undercover agents portrayed as proceeds from health care fraud and drug trafficking activity.

  • March 9, 2018

    Ex-VA Nurse Assistant Charged With Hitting Resident

    A former nurse assistant at the Veterans Affairs Medical Center in Memphis, Tennessee, was indicted Thursday on charges that he beat a resident of the facility, according to the U.S. Attorney’s Office for the Western District of Tennessee.

Expert Analysis

  • Power, Corruption And Lies: How Juries Are Responding

    Melissa Gomez

    The American public increasingly perceives that powerful people and institutions use their authority in selfish ways. And in the courtroom, jurors are homing in on where the power lies in a case story, and how that power is used. Those of us in litigation must heed the messages jurors are sending, says Melissa Gomez of MMG Jury Consulting LLC.

  • Smart Contracts Need Smart Corporate Lawyers

    Matthew O’Toole

    Given the operational and security risks involved, and the substantial digital asset values transacted, the rise of distributed ledger technology and smart contracts will create new opportunities and responsibilities for transactional lawyers, say attorneys with Potter Anderson Corroon LLP.

  • Reflections On 2017 FCPA Enforcement

    Mark Mendelsohn

    Despite significant Foreign Corrupt Practices Act enforcement activity in 2017, the Trump administration’s approach remains elusive and not readily characterized. The manner in which investigations are resolved in the coming year may help illuminate whether the current government will be more lenient toward U.S. companies than the Obama administration, say attorneys with Paul Weiss Rifkind Wharton & Garrison LLP.

  • How To Do Time: Part 1

    Alan Ellis

    Most lawyers are understandably unable to advise a first-time federal inmate as to what it will be like in prison. Rarely do they ever get beyond an attorney visiting room. Here are some answers to questions attorneys, their clients, and their clients' family and friends may have, say criminal defense attorney Alan Ellis and federal prison consultant J. Michael Henderson.

  • How To Fix Your Broken Client Teams

    Mike O'Horo

    Law firms claim they create client teams to improve service. Clients aren’t fooled, describing these initiatives as “thinly veiled sales campaigns.” Until firms and client teams begin to apply a number of principles consistently, they will continue to fail and further erode clients’ trust, says legal industry coach Mike O’Horo.

  • A 'More Than Peanuts' Sentence Of Food Company Officials

    Robert Hibbert

    In U.S. v. Parnell, the Eleventh Circuit recently upheld the longest criminal sentences ever imposed in a food safety case. The court's opinion underlines the abiding significance of the criminal sanction within the food safety landscape, say Robert Hibbert and Hilary Lewis of Morgan Lewis & Bockius LLP.

  • Prepare For DOJ's Criminal No-Poach Prosecutions

    Juan Arteaga

    Believing that the Trump administration would be more “business friendly,” many antitrust practitioners, human resources professionals and business executives assumed that the U.S. Department of Justice and Federal Trade Commission would simply not enforce the 2016 guidelines on no-poach and wage-fixing agreements. This assumption has proven to be incorrect, says Juan Arteaga of Crowell & Moring LLP.

  • Del. Walmart Ruling Might Bring New Derivative Strategies

    Jonathan Richman

    The Delaware Supreme Court's recent decision in a Walmart derivative suit should enhance defendants' ability to obtain dismissal of duplicative derivative actions on preclusion grounds. The ruling might also cause plaintiffs to take steps to appear in multiple forums to avoid preclusion risks, says Jonathan Richman, co-head of the securities litigation group at Proskauer Rose LLP.

  • How To Serve Your Blind Client Effectively

    Julia Satti Cosentino

    While a client’s visual impairment can create challenges for an attorney, it also can open up an opportunity for both attorney and client to learn from each other. By taking steps to better assist clients who are blind or visually impaired, attorneys can become more perceptive and effective advisers overall, say Julia Satti Cosentino and Nicholas Stabile of Nutter McClennen & Fish LLP.

  • Opinion

    Evolving Due Process In The Digital Age

    Stephen Kane

    Because courts have not modernized as quickly as companies like Amazon, Tesla and Apple, Americans are becoming increasingly dissatisfied, but technological innovations may be able to help Americans access their due process, says Stephen Kane of FairClaims.