White Collar

  • February 16, 2017

    Facebook CEO, GC Keep Win Against Atty's Defamation Claim

    An attorney who accused Mark Zuckerberg and Facebook’s general counsel of defamation over a newspaper quote about their malicious prosecution action against him saw his case tossed by a California appellate panel on Wednesday after the panel ruled that the statement qualified as protected communication to the press.

  • February 16, 2017

    1 Jailed, 2 Get Probation In Hacking-For-Spam Case

    A New Jersey federal judge on Thursday sentenced a programmer and an ex-Comcast worker to probation and another to four years' prison, after they made $2 million sending spam emails from hacked accounts by using personal information from 60 million people that was stolen from corporate databases.

  • February 16, 2017

    Dewey Ex-Finance Head Says Accounting Fix Was Wrong

    The former international finance director at Dewey & LeBoeuf LLP testified in Manhattan criminal court on Thursday that one of two ex-Dewey executives facing a fraud retrial asked her to make accounting entries she thought were improper.

  • February 16, 2017

    Judge Suggests UN Bribe Indictment Gets By McDonnell

    Chinese billionaire Ng Lap Seng told U.S. District Judge Vernon S. Broderick on Thursday that the McDonnell precedent requires prosecutors to detail what official acts were taken in exchange for Ng's payments, but the judge intimated that he was unlikely to dismiss the high-profile bribery case on those grounds.

  • February 16, 2017

    Hacker Gets Prison In Bank Data Theft Scheme

    The administrator of two criminal online hacking forums was sentenced on Thursday to 41 months in federal prison for stealing login and payment card data from victims in New Jersey and elsewhere as part of an international hacking conspiracy, U.S. Attorney Paul J. Fishman announced.

  • February 16, 2017

    Navy Commander Charged In 'Fat Leonard' Bribery Scandal

    The federal government said Thursday it has charged a U.S. Navy commander with bribery for allegedly accepting luxury travel, elaborate dinners and the services of prostitutes in exchange for classified and internal Navy information, the latest development in the "Fat Leonard" scandal.

  • February 16, 2017

    Billionaire Slams Stanford Receiver’s $88M Clawback Bid

    A Colorado billionaire who won a jury trial in an $88 million clawback suit aimed at recovering money invested in R. Allen Stanford’s $7 billion Ponzi scheme told a Texas federal judge on Wednesday the receiver for the fraud continues to use arguments rejected previously to force a judgment against him.

  • February 16, 2017

    NY Judge Gives Nod To Ex-AIG Head’s $10M Deal

    A New York state judge on Thursday indicated he approved the nearly $10 million deal the state attorney general reached with former American International Group Inc. CEO Maurice “Hank” Greenberg and the insurer’s former chief financial officer, and will dismiss the long-running fraud case once the pair pay up.

  • February 16, 2017

    Hitachi Must Pay $55M For Shock Absorber Price-Fixing

    An Ohio federal judge on Thursday fined Japanese auto parts maker Hitachi Automotive Systems Ltd. $55.48 million for manipulating the market for shock absorbers, following a U.S. Department of Justice recommendation last week.

  • February 16, 2017

    Gorsuch Nomination Hearings To Kick Off In March

    Opening statements in a hearing on Judge Neil Gorsuch’s nomination to the U.S. Supreme Court will begin on March 20, with questioning of the associate justice-designate commencing the following day, Senate Judiciary Committee Chairman Chuck Grassley said Thursday.

  • February 16, 2017

    Vendor Pleads Guilty In Scheme To Bilk MillerCoors

    A vendor accused by the U.S. government of helping a former MillerCoors executive defraud the beer maker through invoices for fake marketing events has pled guilty to mail fraud and faces up to 20 years in prison, according to a plea agreement filed in Illinois federal court Wednesday.

  • February 16, 2017

    NJ Judge Again Finds Probable Cause In Christie GWB Case

    A New Jersey judge on Thursday again found probable cause in an activist's criminal complaint accusing Gov. Chris Christie of official misconduct over politically motivated lane closures at the George Washington Bridge, sending the matter to prosecutors who have already said they won't pursue charges against the governor.

  • February 16, 2017

    Bugs And Hair Plagued Meningitis-Linked Pharmacy, Jury Told

    The Massachusetts compounding pharmacy linked to a deadly outbreak of meningitis was plagued with bugs, human hair and the chief pharmacist’s indifference to the problems, the company’s former quality control officer told a jury on Thursday during her former boss's murder trial.

  • February 16, 2017

    Prevezon Blasts New Gov't Evidence In $230M Tax Fraud Suit

    Prevezon Holdings Ltd. lashed out Wednesday at a government request to introduce new documents, new witnesses and new discovery requests in a New York federal court lawsuit stemming from a $230 million Russian tax fraud, arguing prosecutors had their chance to bolster their “insufficient case.”

  • February 16, 2017

    Ex-Calif. Atty Get 6 Years For $4.5M Investment Scheme

    A disbarred California attorney has been sentenced to six years in prison after he pled guilty to federal securities fraud for tricking various clients into handing over about $4.5 million for stock and real estate investments and then pocketing the money.

  • February 15, 2017

    Reporter's Atty Hints Fox News Under Federal Investigation

    Fox News may be under federal investigation in connection with the sexual harassment claims that led to a series of lawsuits against the company and its former CEO Roger Ailes, an attorney for a former Fox reporter said in a New York hearing Wednesday, according to reports.

  • February 15, 2017

    Ex-BNY Mellon Staffer Bilked $7M From Bank, Feds Say

    Manhattan federal prosecutors on Wednesday charged a former employee of a Bank of New York Mellon unit with embezzling $7.1 million over 13 years, which he used to pay for perks like luxury cars, vacations and an outdoor swimming pool.

  • February 15, 2017

    Texan Gets 5 Years For Role In Miss. Prison Kickback Scheme

    A Texas businessman was sentenced to five years in federal prison by a Mississippi federal court on Tuesday and ordered to pay $500,000 for his role in a sprawling bribery and kickback scheme at the Mississippi Department of Corrections.

  • February 15, 2017

    Pastor, Tech Whiz Blame Coin.mx Boss As Bribery Trial Opens

    New Jersey pastor Trevon Gross and tech expert Yuri Lebedev told a Manhattan federal jury Wednesday that Anthony Murgio, the founder of Coin.mx who has pled guilty in the bribery and fraud case, is to blame for an illegal scheme to take over a credit union for bitcoin payment processing.

  • February 15, 2017

    Meningitis-Linked Drugmaker Was On States' Radar, Jury Told

    The Massachusetts compounding center whose chief pharmacist is on trial for murder came under regulatory scrutiny even before a 2012 meningitis outbreak that killed 64 people, a state investigator testified Wednesday in Boston federal court.

Expert Analysis

  • Avoiding The Hidden Costs Of Bargain-Priced E-Discovery

    Michael Cousino

    Many organizations are interested in finding electronic discovery partners who offer tantalizingly low prices for electronic discovery services. However, unforeseen gaps, lax security practices, ignorance of global practices and delayed deliverables can all add up to a surprisingly large final cost, says Michael Cousino of Epiq Systems.

  • Why Anti-Corruption Due Diligence Is Important In M&A

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    When acquiring and investing in companies, it is critical to evaluate and mitigate the risk of both previous and future violations of the Foreign Corrupt Practices Act. Mark Mendelsohn and Peter Jaffe of Paul Weiss Rifkind Wharton & Garrison LLP discuss unique challenges for investors and essential considerations for mergers and acquisitions.

  • My Strangest Day In Court: When The Witness Died

    Tom Melsheimer

    Just before walking into court to begin jury selection, I learned from the case agent that a key witness had been found dead over the weekend. During the trial, it was not easy to keep the murdered witness out of my mind, especially with the defendant icily staring at me every time I got up to speak, recalls Tom Melsheimer of Fish & Richardson PC.

  • A Record FCPA Year For Pharma

    Melissa L. Jampol

    Teva's Foreign Corrupt Practices Act settlement last month — the largest-ever FCPA resolution involving a pharmaceutical company — was the capstone to a year of many significant FCPA settlements and resolutions with drug companies. This year, it is likely that enforcement will change given the new administration, say Melissa Jampol and Elena Quattrone of Epstein Becker & Green PC.

  • Saving Lawyers 1 Breath At A Time: Mindfulness In The Law

    Jennifer Gibbs

    As critical as lawyers are to society, they are reported to be the most frequently depressed occupational group in the United States. In response to the inherently stressful nature of the practice of law, more and more lawyers are turning to an ancient contemplative practice called “mindfulness,” says Jennifer Gibbs of Zelle LLP.

  • Understanding How Blockchain Could Impact Legal Industry

    R. Douglas Vaughn

    Blockchain is essentially a computerized public ledger that can apply to almost anything that a person might save into a database or spreadsheet. This versatile technology may enhance the legal industry by providing an improved record keeping system, setting up "smart contracts" and tracking intellectual property and land records, say R. Douglas Vaughn and Anna Outzen of Deutsch Kerrigan LLP.

  • Proportionality Takes Hold In 2nd Circ.: Takeaways For 2017

    Elizabeth Del Cid

    District courts within the Second Circuit have issued at least 15 decisions in which a discovery ruling was based, at least in part, on the proportionality factors set forth in amended Federal Rule 26(b)(1). In more than half those decisions, courts denied discovery requests on proportionality grounds. Elizabeth Del Cid and Soren Packer of Murphy & McGonigle PC discuss seven takeaways for litigants as the amended rule turns two.

  • FCPA Predictions For 2017

    Michael Volkov

    Everyone is predicting major changes in the U.S. Department of Justice's Foreign Corrupt Practices Act enforcement. I do not share this view. Frankly, FCPA enforcement is more bipartisan than other controversial enforcement programs, and the DOJ’s FCPA program is very profitable, says Michael Volkov, CEO of The Volkov Law Group LLC and a former federal prosecutor.

  • Criminal Trade Secret Prosecutions Under President Trump

    Barak Cohen

    Under the Obama administration, there has been an increase by the U.S. Department of Justice in the number of criminal trade secret prosecutions. Statements by President-elect Donald Trump and his U.S. attorney general nominee suggest that the Trump administration will be equally, if not more, likely to encourage prosecution of suspected trade secret theft, say Barak Cohen and Chelsea Curfman of Perkins Coie LLP.

  • Another Year Of Enforcement At FERC And CFTC

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    The Federal Energy Regulatory Commission and the U.S. Commodity Futures Trading Commission recently released their annual reports on enforcement activities for fiscal year 2016. In addition, FERC enforcement staff released white papers on market manipulation and effective compliance programs. These materials provide useful insight into agency staff’s expectations regarding the behavior of market participants, say attorneys from Bracewell LLP.