White Collar

  • March 13, 2018

    Geragos Firm To Lead Class In Consolidated Fyre Fest Suits

    A New York federal judge overseeing five suits against the backers of Fyre Festival, a proposed music festival in the Bahamas that was cancelled at the last minute, consolidated the cases Tuesday and appointed Geragos & Geragos APC to lead the class action.

  • March 13, 2018

    Jury Convicts Ex-Cuomo Aide In Mixed Bribery Case Verdict

    A Manhattan jury on Tuesday convicted Joe Percoco, New York Gov. Andrew Cuomo's former “right-hand man” in Albany, of three of six corruption counts he faced, ending the marathon federal bribery trial with a mixed verdict for him and three co-defendants.

  • March 13, 2018

    Ex-Barclays Trader Loses Appeal Of Libor-Rigging Conviction

    Former Barclays PLC trader Alex Pabon lost his attempt to have a British appellate court toss his conviction for rigging Libor on Tuesday as judges rejected his claim that a key prosecution witness who testified at his trial lacked credibility.

  • March 12, 2018

    Oil Bribery Scheme Defendant's Server Must Stay In US

    A Florida federal judge on Friday blocked the shipment to Swiss authorities of a computer server belonging to one of the dozens of defendants named by Venezuela’s state-owned oil company PDVSA in its suit alleging a long-running scheme by international oil companies to steal its information and bribe its employees.

  • March 12, 2018

    Ex-ConvergEx Exec Accuses DOJ Of 'Brady Laundering'

    A former ConvergEx Group LLC executive accused of tacking secret profit margins onto securities transactions told a New Jersey federal judge on Monday that U.S. Department of Justice prosecutors flouted their so-called Brady obligation to hand over helpful evidence by outsourcing investigative work to the financial firm's lawyers.

  • March 12, 2018

    DOJ Claims 'Lies' In Ex-Wilmington Trust Execs' Fraud Trial

    Four former Wilmington Trust Corp. executives "lied repeatedly" about the bank's commercial loan portfolio to regulators, investors and the public in 2009 and 2010, a federal prosecutor said Monday at the opening of the officials' fraud and securities trial in Delaware.

  • March 12, 2018

    NY's Sheldon Silver, Feds Fight To Shape 2nd Graft Trial

    Attorneys for disgraced former New York lawmaker Sheldon Silver and prosecutors traded barbs Friday ahead of his April retrial on corruption charges, with the former New York State Assembly speaker claiming that prosecutors misled jurors on the law the first time around.

  • March 12, 2018

    SEC Bars Immigration Atty, Firm For EB-5 Fraud Scheme

    The U.S. Securities and Exchange Commission on Monday imposed a full associational and penny stock bar against attorney Hui Feng and his law firm months after a California federal judge found them liable for defrauding Chinese nationals looking to obtain visas.

  • March 12, 2018

    Pastor, Partner Must Pay $9M To Settle Fraud Allegations

    A Florida federal judge on Monday ordered a fund run entirely by a North Carolina man and a convicted pastor-turned-fraudster to pay $9 million to settle claims it duped Florida churchgoers and their associates out of $2 million.

  • March 12, 2018

    Trump Pardons Ex-Submariner Over Classified Photos

    President Donald Trump on Friday pardoned Kristian Saucier, a former Navy submariner sentenced to prison for taking classified photographs on board a submarine who the president had previously claimed had been treated unfairly by prosecutors and had contrasted with his Democratic presidential opponent Hillary Clinton.

  • March 12, 2018

    Dallas Man Gets Prison In $1.4M Oil Embezzlement Scheme

    A man who entered a guilty plea in September to setting up a shell corporation in order to embezzle $1.3 million from his employer was sentenced to 41 months in federal prison Friday and ordered to pay $1.4 million in restitution, to cover the company's losses and the cost of investigating the theft.

  • March 12, 2018

    Ill. Clerk Wants Staffers Charged, Says They Lied To DOJ

    Cook County, Illinois, Circuit Court Clerk Dorothy Brown has told a newspaper she wants federal investigators to prosecute current and former employees of her office whom she suspects of lying to the U.S. Department of Justice as part of a federal investigation into hiring practices in her office.

  • March 12, 2018

    Feds Mount Last-Ditch Effort To Save Boston City Hall Case

    Federal prosecutors are set to mount a last-ditch effort on Wednesday to persuade a Massachusetts federal judge to rethink a jury instruction the government says makes it almost impossible to prove a pair of Boston City Hall aides committed Hobbs Act extortion by allegedly pressuring a music festival to hire unneeded union labor.

  • March 12, 2018

    DOJ Blasts Blagojevich's Second High Court Bid For Relief

    Federal prosecutors on Monday urged the nation’s high court to reject former Illinois Governor Rod Blagojevich’s second bid to either nix or shorten his 14-year prison sentence after being found guilty of public corruption, saying his latest attempt “greatly overstates” the extent to which federal case law conflicts on the legality of accepting campaign donations in exchange for official action.

  • March 12, 2018

    Graft Trial Judge Won't 'Coerce' Deadlocked Jury

    Prosecutors seeking to convict an ex-aide to New York Gov. Andrew Cuomo of bribery asked a Manhattan federal judge Monday to prod a mired jury toward a verdict using strong language, but the judge left the proposed language on the cutting room floor when she told jurors to keep working.

  • March 12, 2018

    Taco Chain Owner Stole $5.6M In Taxes, Wash. AG Says

    The owner of six Seattle-area taco restaurants was criminally charged with theft for allegedly using illegal technology in cash transactions that let him pocket more than $5.6 million in unpaid taxes, in what is the largest “sales suppression software” case in state history, Washington Attorney General Bob Ferguson said Friday.

  • March 12, 2018

    Soccer Marketer Wins NY Suit Linked To Corruption Scandal

    A New York state judge has rejected a bid by the soccer federation CONMEBOL to strip a Chilean marketing firm of the rights to commercialize the biggest soccer tournament in South America, saying in a ruling made public Monday that the dispute must be resolved in South America.

  • March 12, 2018

    Pharmacist, Employee Get Prison For $30M Tricare Fraud

    A Florida federal judge on Friday sentenced a pharmacy owner and his “right-hand man” to 17 and 15 years, resepectively, in prison for bilking Tricare and a federal employee benefit scheme out of more than $30 million through a conspiracy to fill unnecessary prescriptions.

  • March 12, 2018

    Ex-Auburn Coach Calls Bribery Charges Unconstitutional

    A former Auburn University basketball coach named in the sprawling NCAA corruption case urged a New York federal judge Friday to dismiss the bribery and fraud charges against him, saying prosecutors’ interpretation of anti-corruption laws violates his due process rights and “would criminalize nearly every NCAA rules violation.”

  • March 12, 2018

    Feds, Groups Ask Justices To Hear Okla. Tribal Murder Row

    In three separate briefs on Friday, the federal government and a selection of organizations ranging from oil interests to professional associations asked the U.S. Supreme Court to review and overturn a Tenth Circuit decision that tossed a murder conviction and death sentence for a Muskogee (Creek) Nation member.

Expert Analysis

  • When FBI Comes Knocking: A Guide For In-House Counsel

    Sarah M. Hall

    There are a range of possible warning signs that your company is under criminal investigation — some are obvious and some are not. Taking the right steps immediately upon learning or suspecting that an investigation is underway can make all the difference, says Sarah M. Hall of Thompson Hine LLP.

  • Feature

    From Law Firm To Newsroom: An Interview With Bob Woodruff

    Randy Maniloff

    Lawyers who have left the traditional practice for perceived greener pastures are many. But the circumstances surrounding broadcast journalist Bob Woodruff’s departure are unique. Like none I’ve ever heard, says Randy Maniloff of White and Williams LLP.

  • Series

    Judging A Book: Kendall Reviews 'On The Jury Trial'

    Judge Virginia Kendall

    As someone who spent half her days last year on the bench presiding over trials, I often find the alarmist calls to revamp the jury trial system a tad puzzling — why is making trial lawyers better rarely discussed? Then along comes a refreshing little manual called "On the Jury Trial: Principles and Practices for Effective Advocacy," by Thomas Melsheimer and Judge Craig Smith, says U.S. District Judge Virginia Kendall of the Northe... (continued)

  • Do I Need New Trial Counsel? 9 Questions To Ask

    Russell Hayman

    Initial selection of defense counsel is usually made at the outset of litigation, long before it is known whether the case may actually proceed to trial. Attorneys with McDermott Will & Emery discuss questions in-house lawyers should consider when deciding whether their litigation counsel should remain lead trial counsel in a case proceeding to trial.

  • CFTC Reasserts Its Role In Virtual Currency Regulation

    Christopher Conniff

    Virtual currency market participants should be mindful of the U.S. Commodity Futures Trading Commission, which announced three enforcement actions in the past week. The CFTC is arguably better positioned to fight virtual currency fraud than the U.S. Securities and Exchange Commission, say attorneys with Ropes & Gray LLP.

  • 10 Antitrust Developments And Trends To Watch In 2018

    Dee Bansal

    Expect to see antitrust developments in 10 areas this year, including continuing scrutiny of vertical mergers, no-poach agreements and conduct by pharmaceutical companies, say attorneys with Cooley LLP.

  • Views From The Bench On Sentencing Representation: Part 10

    Alan Ellis

    U.S. District Judges Frederic Block of the Eastern District of New York and Charles R. Breyer of the Northern District of California are legendary sentencing judges. I recently asked for their thoughts on sentencing memoranda, character letters and sentencing statistics, says criminal defense attorney Alan Ellis.

  • Lessons From President Trump's Failed Judicial Nominations

    Arun Rao

    On Tuesday, the Trump administration announced 12 new judicial nominations. We will soon discover whether these candidates learned from the mistakes of the three nominees forced to withdraw in December after bipartisan concerns arose over their qualifications, says Arun Rao, executive VP of Investigative Group International.

  • How IRS Is Targeting Offshore Accounts, Virtual Currency

    Kathleen Gregor

    Despite continuing Internal Revenue Service budget cuts and significant attrition among experienced special agents, the agency's Criminal Investigation Division is keeping the pressure on in the new year. More than ever, taxpayers with unreported assets, whether offshore or in the form of virtual currencies, are advised to take proactive steps, say attorneys with Ropes & Gray LLP.

  • The Government’s Big Stick For Fighting Small Biz Fraud

    Amy Laderberg O'Sullivan

    Last year saw the first application of the Small Business Act's presumption-of-loss rule in a civil False Claims Act case — U.S. v. Washington Closure Hanford. The ruling will likely embolden the government to aggressively pursue cases involving set-aside fraud, say attorneys with Crowell & Moring LLP.