White Collar

  • February 9, 2017

    'Housewives' Star's Ex-Atty Looks To Ax Bankruptcy Deal

    A former bankruptcy attorney for a onetime incarcerated star of “The Real Housewives of New Jersey” on Wednesday urged a New Jersey federal court to toss a ruling allowing her to pursue a malpractice action against him in New Jersey state court, saying the matter belongs in federal court.

  • February 9, 2017

    Ex-Head Of Chinese Auto Giant FAW Gets 11 Years For Bribes

    The former chairman of Chinese automaker FAW Group Corp. on Thursday was sentenced to 11.5 years in prison for accepting bribes, Chinese state media has reported.

  • February 8, 2017

    Google's Setback Heats Up Overseas Warrant Debate

    Google's initial failure to dodge federal search warrants for data stored overseas highlights the limitations of a recent Second Circuit ruling that went the other way on the Stored Communications Act, and attorneys say the split will only fuel further debate over the outdated privacy statute.

  • February 8, 2017

    Judge Says Immig. Ban Delays UK Trip for Bailed HSBC Exec

    A New York federal judge said on Wednesday he was holding off allowing a senior HSBC Holdings PLC executive accused of running a currency manipulation scheme involving a $3.5 billion foreign exchange transaction to return to England to await trial because the United Kingdom may eventually join the countries subject to the president’s immigration ban.

  • February 8, 2017

    Bizarre Bid To Sell FCA Suit Shows Value Of Secrecy

    The story of a D.C. lawyer accused of trying to sell access to a sealed False Claims Act complaint is certainly bizarre, but it demonstrates just how valuable that information would be to companies that may be under investigation for years.

  • February 8, 2017

    Tribe Says New Evidence Backs Freezing Ex-Leaders' Assets

    The Paskenta Band of Nomlaki Indians urged a California federal judge Tuesday to rethink his recent decision not to freeze the assets of former tribal officials accused of leading a multimillion-dollar embezzlement scheme, alleging that new evidence has come to light that shows the ex-officials are likely to dissipate their ill-gotten gains.

  • February 8, 2017

    BigLaw's Latest Bad Boy Made Name As FCA Prosecutor

    The latest BigLaw partner to break bad, Jeffrey A. Wertkin, until very recently of Akin Gump Strauss Hauer & Feld LLP, is a seasoned False Claims Act litigator who before being caught allegedly hawking a sealed complaint to an undercover FBI agent made waves as a government lawyer in several health care fraud cases.

  • February 8, 2017

    Matsuo, Exec Plead Guilty In DOJ Capacitor Price-Fix Suit

    Matsuo Electric Co. Ltd. and one of its executives have admitted to their roles in a conspiracy to fix prices for circuit board components known as electrolytic capacitors, marking the first time an individual has pled guilty in the ongoing antitrust investigation, federal prosecutors said Wednesday.

  • February 8, 2017

    Calif. Property Investors Ask For New Bid-Rigging Trial

    Three real estate investors convicted for their role in a scheme to rig bids at public foreclosure auctions asked a California federal judge Wednesday for a new trial, saying pretrial motions had limited their defense and prosecutors had flouted instructions not to refer to homeowners or banks as “victims.”

  • February 8, 2017

    PayPal Hit With Money Laundering, Sanctions Subpoenas

    PayPal Holdings Inc. on Wednesday revealed that it is being investigated for violations of anti-money laundering regulations and U.S. sanctions.

  • February 8, 2017

    Takata To Plead Guilty To Wire Fraud In Air Bag Scandal

    Takata Corp. will plead guilty to one count of wire fraud in Michigan federal court Feb. 27 as part of its plea deal with prosecutors over the company's potentially deadly air bag inflators, according to a Tuesday court filing.

  • February 8, 2017

    Ex-DEA Enforcer Avoids Prison After Lying About Strip Club

    A Manhattan federal judge on Wednesday sentenced former high-ranking Drug Enforcement Administration cop David Polos to a year of probation and hit the retired agent with a $5,000 fine for lying about his side business operating a New Jersey strip club and his romantic relationship with a dancer.

  • February 8, 2017

    Ex-Congressional Chief Of Staff Cops To Slush Fund Scheme

    A Florida congresswoman’s chief of staff has pled guilty to two charges in the case accusing him and the politician of diverting more than $800,000 raised for an education charity for their personal use, according to a plea agreement filed in Florida federal court on Wednesday.

  • February 8, 2017

    Rebuffed Whistleblower Objects To Deal Ending Bribery Suit

    The whistleblower tossed from a lawsuit accusing his employer of bribing its way into the winning bid for Chicago’s red light camera program objected Wednesday to the $20 million settlement that would end the federal suit, arguing that the contractor did far more damage and can afford to pay more.

  • February 8, 2017

    Senate OKs Sessions As Trump's Attorney General

    Sen. Jeff Sessions, R-Ala., will serve as the next U.S. attorney general after Senate Republicans voted through President Donald Trump's pick for the nation's top prosecutor on Wednesday despite weeks of Democratic opposition.

  • February 8, 2017

    Seyfarth Snags Ex-USCIS Director For Immigration Group

    Seyfarth Shaw announced Wednesday that the former director of U.S. Citizenship and Immigration Services is bringing his vast experience in immigration and health care policy enforcement and white collar prosecution to the firm as a partner in Washington, D.C.

  • February 8, 2017

    Shkreli Involved In Tech Startup Looking To Raise $1M

    Martin Shkreli, the notorious pharmaceutical entrepreneur accused of defrauding a company he founded and heavily criticized for controversial price-hiking tactics, is now an executive of a software startup seeking to raise $1 million in debt, according to a regulatory filing.

  • February 8, 2017

    Contractor Indicted Over Alleged Top Secret Info Theft

    A Maryland federal grand jury has indicted former National Security Agency contractor Harold T. Martin III on charges that he stole classified national defense information, the U.S. Department of Justice announced Wednesday.

  • February 8, 2017

    Ill. Man Who Posed As Psychiatrist Gets More Than 13 Years

    An Illinois federal judge sentenced a Chicago-area man convicted of stealing the identity of a psychiatrist and using his information to see patients and prescribe medication to more than 13 years in prison Wednesday, rebuking him as a “con artist” who showed no remorse for the pain he caused.

  • February 8, 2017

    Feds Seek $68M To Pay Off Investors In Resort Ponzi Scheme

    An investment fund manager and a real estate developer accused of operating a massive Ponzi scheme around a Montauk resort should pay $68 million in joint restitution to the scheme’s victims, prosecutors said in New York federal court on Wednesday.

Expert Analysis

  • 5 Ways To Fight Costlier Legal Malpractice Claims In 2017

    SimpsonRick-57794-7603.jpg

    There are a number of concrete, practical steps that law firms can take to address the high cost of defending legal malpractice claims, both before and after a claim is made, says Richard Simpson, a partner with Wiley Rein LLP who serves on the ABA Standing Committee on Lawyers’ Professional Liability.

  • Do Not Expect Lax Financial Enforcement Under Trump

    Stephen Kuperberg

    Anyone contracting with the federal government, receiving federal funds, or otherwise in a position that could fall under a federal financial enforcement mandate would be best served to be on alert. There are at least three reasons to believe that enforcement will continue unabated — and even expand — under the incoming administration, says Stephen Kuperberg, a former federal prosecutor.

  • Mediating E-Discovery Disputes Can Save Time And Money

    Daniel Garrie

    A primary driver of increasing litigation costs is the explosion of electronic discovery in recent years. Electronic data is not only increasing dramatically in volume, it is also growing in complexity. One way parties can save time and money is to use a neutral, technically skilled mediator, to ensure that e-discovery is both robust and cost-effective, says Daniel Garrie of JAMS.

  • Backpage Dismissal Does Not Solve Websites’ Woes

    Ariel A. Neuman

    While the California court’s ruling in the Backpage.com case bolsters the weight of precedent favoring expansive immunity under Section 230 of the Communications Decency Act, an existing exception ensures that innovative plaintiffs lawyers and state prosecutors will continue to advance novel theories of website operator liability, say Ariel Neuman and Julian Burns of Bird Marella Boxer Wolpert Nessim Drooks Lincenberg & Rhow PC.

  • Avoid Inadvertent Tipping This Holiday Season

    Dixie L. Johnson

    The U.S. Supreme Court's Salman decision and a few other 2016 cases provide us an opportunity to remind well-meaning directors, executives, lawyers, consultants and others privy to confidential business developments of just how important it is to talk about something else during the holidays, say attorneys with King & Spalding LLP.

  • Building Momentum For The Pay Equity Movement In BigLaw

    Stephanie A. Scharf

    A decade’s worth of multiple bar association initiatives, conferences, corporate law summits, detailed research reports and opinion pieces on the pay gap has seemingly fallen on the deaf ears of BigLaw. However, recent events presage substantial movement toward pay equity in law firms, say Stephanie Scharf of Scharf Banks Marmor LLC, Michele Coleman Mayes, general counsel for the New York Public Library, and Wendi Lazar of Outten & Golden LLP.

  • Are You Prepared For A 'Post-Fact' Jury?

    Ross Laguzza

    The media has been full of stories lately about the death of facts and the rise of “fake news.” It is reasonable to wonder if people sitting on juries will be able to function appropriately in this post-fact world, says Ross Laguzza of R&D Strategic Solutions LLC.

  • FERC's Enforcement Appetite Makes Compliance Key

    Robert Fallon

    The Federal Energy Regulatory Commission has energy market manipulation schemes in its crosshairs, and is stepping up enforcement efforts against entities and individual actors alike. Now more than ever, a good compliance program that prevents, identifies and mitigates risk can translate into money saved — and maybe even jail time avoided — in the event that problems arise down the road, say attorneys from Cozen O’Connor.

  • Keeping Pro Se Litigants At Bay

    Michael Walden

    Pro se litigation can be a time-consuming cost of doing business, particularly for large, well-known companies. Though pro se cases occasionally include interesting, even amusing, claims, like all litigation, they must be taken seriously. In this article, attorneys from Shook Hardy & Bacon LLP detail several practical approaches to dealing with the problems posed by pro se litigants.

  • The Panama Papers: The Story So Far, And What Comes Next

    Jeremy Maltby

    The offshore banking industry attracted global attention earlier this year with the publication of 11.5 million leaked documents detailing decades of information about over 200,000 bank accounts and shell companies. Jeremy Maltby and Grant Damon-Feng of O'Melveny & Myers LLP examine government responses to the Panama Papers and offer tips for companies to minimize their risk of exposure to unlawful shell company activity and its consequences.