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White Collar

  • November 30, 2018

    Nominal CEO Of $15M Oil Ponzi Scheme Co. Faces SEC Suit

    A Kentucky roofer was a key player in a fracking Ponzi scheme through his role as nominal CEO of a corporation used to swindle $15 million from investors, the U.S. Securities and Exchange Commission argued in Georgia federal court Friday.

  • November 30, 2018

    Ohio Jury Awards $19M To Shipwreck Gold Salvage Investors

    An Ohio jury has awarded more than $19 million to investors who said they were cheated out of their returns on a bold venture that recovered a reported $100 million worth of gold from an 1857 shipwreck off the coast of the Carolinas.

  • November 30, 2018

    DOJ's Backpage Case In Ariz. Slows Chancery Fee Action

    An Arizona district court judge will get the next word on federal seizure of remaining assets available for legal fees in litigation surrounding Backpage.com and those sued over activities that allegedly enabled sex trafficking, a Delaware vice chancellor determined Friday.

  • November 30, 2018

    Investors Drop Suit Against BofA Over $102M Ponzi Scheme

    Heirs to an investor in what the U.S. Securities and Exchange Commission has alleged was a $102 million Ponzi scheme are dropping their proposed class action in Florida federal court that accuses Bank of America of allowing itself to be used in the purported scheme.

  • November 30, 2018

    SC Inmates Indicted For Military 'Catfishing' Scheme

    A handful of South Carolina prison inmates and their alleged civilian accomplices have been indicted over a so-called catfishing scheme that purportedly involved using falsified internet dating profiles to extort money from hundreds of military service members, the U.S. Department of Justice said.

  • November 30, 2018

    2 Swiss Bankers Who Hid Money From IRS Get Probation

    Two men who worked at Zurcher Kantonalbank and helped U.S. taxpayers hide funds from the IRS at were each sentenced to a year of probation on Friday by a Manhattan federal judge, a lower-than-guidelines sentence that had prosecutors’ blessing.

  • November 30, 2018

    Defense Contracting Execs. Charged With Defrauding Gov't

    The U.S. Department of Justice charged three defense contractor executives with allegedly defrauding the government after they were given money to build a warehouse and instead lied about when it would be done and what the warehouse looked like.

  • November 30, 2018

    11th Circ. OKs Indictment Change In Med-Smuggling Case

    The Eleventh Circuit has decided that a federal district judge had been right to allow prosecutors to modify a criminal indictment against a Florida doctor who was later convicted of smuggling medical products into the U.S. as part of a health care fraud scheme.

  • November 30, 2018

    Carlton Fields Adds Cybersecurity-Focused Shareholder In NY

    Carlton Fields has added a former federal prosecutor and Schulte Roth & Zabel LLP special counsel as a shareholder at its New York office, where he will continue to handle cybersecurity matters and white collar cases, the firm has announced.

  • November 30, 2018

    Bus Co. Exec Gets Prison For Taking Contract Kickbacks

    A former executive for a suburban Chicago public bus service who pled guilty to accepting kickbacks in exchange for offering or extending contracts to technology support staff was sentenced Friday to one year and one day in prison.

  • November 30, 2018

    Tax Atty Charged With Obstructing Probe Into $100M Fraud

    A tax lawyer has been charged by a California federal grand jury with making false statements to the government and attempting to obstruct a federal investigation into $100 million in refunds claimed in tax returns prepared by her accounting firm.

  • November 30, 2018

    Hausfeld Plucks DOJ Antitrust Veteran For DC Partner

    Hausfeld LLP has named Paul Gallagher, a longtime antitrust lawyer from the U.S. Department of Justice, as a partner in its Washington, D.C., competition practice.

  • November 30, 2018

    3rd Circ. Ruling Aside, Prison Likely For GWB Duo

    The two appointees of former New Jersey Gov. Chris Christie whose convictions over a politically motivated traffic jam were scaled back by the Third Circuit could still see prison time, white collar attorneys said, despite the fact that a district court is now tasked with reconsidering their incarceration terms.

  • November 30, 2018

    5 Sentenced In Connection With 2012 La. Explosion

    Federal prosecutors announced prison sentences for five individuals who worked at a company that improperly disposed of hazardous waste and was connected to a 2012 explosion that was strong enough to shatter windows four miles away, according to a statement from the U.S. Attorney’s Office for the Western District of Louisiana.

  • November 30, 2018

    Gov't Wants Insys Founder's Atty Sanctioned For Media Talk

    Prosecutors on Thursday asked a Boston federal judge to sanction the attorney for billionaire Insys Therapeutics founder John Kapoor, saying comments she made to the press were meant to "attack the credibility and testimony" of a co-defendant who recently pled guilty and agreed to cooperate with the government.

  • November 30, 2018

    Manafort Sentencing Tentatively Set For March 5

    A D.C. federal judge Friday tentatively scheduled Paul Manafort's sentencing date for March 5, after Donald Trump's former campaign chairman pled guilty to two counts of conspiracy and obstruction of justice and then allegedly broke his plea agreement.

  • November 30, 2018

    Health Hires: Foley, Smith Gambrell, NewYork-Presbyterian

    Foley & Lardner LLP has added a health care partner and a former federal prosecutor, Smith Gambrell & Russell LLP has also boosted its health care group, and NewYork-Presbyterian Hospital, BlueRock Therapeutics LP and EyePoint Pharmaceuticals have hired new general counsel.

  • November 29, 2018

    Autonomy’s Ex-CEO Charged With Fraud Linked To HP Deal

    A federal grand jury Thursday indicted former Autonomy Corp. CEO Michael Lynch and another former top executive on fraud charges, alleging they lied about the British software company's financials before Hewlett-Packard Co.'s $11.7 billion acquisition in 2011.

  • November 29, 2018

    DOJ Softens Yates' Demand That Cos. Serve Up Individuals

    Corporations now have more leeway to decide which employees to report to the U.S. Department of Justice in criminal investigations over misconduct and still receive credit for cooperating, a move that marks an easing of the policy from the Obama administration known as the Yates memo.   

  • November 29, 2018

    Trump Family May Face Fallout From Latest Cohen Plea

    The guilty plea Thursday from President Donald Trump's former personal lawyer and alleged fixer Michael Cohen for lying to Congress about a potential Trump-branded Moscow real estate project highlights the risk Trump family members and other witnesses may face from Special Counsel Robert Mueller's investigation, depending on their past statements to authorities.  

Expert Analysis

  • Opinion

    Skip The New 'Civility Courses' And Think Like A Lawyer

    Alex Dimitrief

    As we watch what passes for political discourse in our nation’s capital, it’s understandable that universities are launching programs on how to cope with ideological disputes. But our country needs fewer people who profess to be open-minded and more people who engage in and honor the conclusions of reasoned debates, says Alex Dimitrief of General Electric Co.

  • The DOJ's Current White Collar Priorities

    Melissa Jampol

    In a speech last week, Deputy Assistant Attorney General Matthew Miner acknowledged numerous changes over the past year in the U.S. Department of Justice's approach to corporate white collar enforcement, and clearly set forth current prosecutorial initiatives, say attorneys with Epstein Becker & Green PC.

  • Why Law Firms Should Monitor The Dark Web

    Anju Chopra

    Dark web monitoring allows law firms to see what sensitive information may have made its way onto the thriving global underground marketplace where cybercriminals buy and sell exposed data. It can also help lawyers advise clients on a wide range of legal and business matters, say Anju Chopra and Brian Lapidus of Kroll.

  • Does Rule 45 Protect Nonparties From Undue Burden?

    Matthew Hamilton

    Interpretations of Rule 45 protections vary but what's clear is that "undue burden" does not mean no burden at all. To avoid the costs of compliance with a subpoena, a nonparty should be ready to demonstrate its disinterest in the litigation and the anticipated cost and burden of compliance, say attorneys at Pepper Hamilton LLP.

  • A Defense Counsel's Guide To New DOJ Manual

    Cormac Connor

    Recent revisions to the United States Attorneys’ Manual signal the U.S. Department of Justice’s current investigative priorities and present defense counsel with advocacy opportunities, say Cormac Connor and Iris Bennett of Smith Pachter McWhorter PLC.

  • Questions Remain After OIG Releases Fraud Risk Indicator

    Howard Young

    The U.S. Department of Health and Human Services Office of Inspector General recently announced a new initiative designed to increase transparency for health care organizations and their lawyers. However, it's unclear whether it will change the settlement dynamics when resolving False Claims Act allegations, say attorneys with Morgan Lewis & Bockius LLP and Bass Berry & Sims PLC.

  • Musk Case Signals New Era Of SEC Internet Enforcement

    John Reed Stark

    The U.S. Securities and Exchange Commission's complaint last week against Elon Musk and the settlement that followed seems like an obvious, routine and easy win for the government. But there is a lot more to the Tesla tweet debacle than meets the eye, says John Reed Stark of John Reed Stark Consulting LLC.

  • Lessons From The Petition Against The Trump Foundation

    Henry Leibowitz

    Henry Leibowitz and Allison Heimann of Proskauer Rose LLP unpack the New York attorney general's petition against the Donald J. Trump Foundation, filed last June, and outline seven important rules for lawful and efficient management of New York private and family foundations.

  • New Rule Expands FCC Jurisdiction Related To Foreign Media

    Brian Weimer

    The Federal Communications Commission's new rule, requiring foreign media outlets to disclose their relationships with foreign principals, signals more scrutiny on media influenced by foreign actors and gives the FCC some authority to review foreign ties, say attorneys at Sheppard Mullin Richter & Hampton LLP.

  • How Hoskins Limits Extraterritorial Sanctions Enforcement

    Kevin McCart

    The Second Circuit’s recent decision in United States v. Hoskins limits the U.S. government's ability to charge a foreign national with violating the Foreign Corrupt Practices Act. This holding is equally applicable to U.S. sanctions law, say Kevin McCart and Jacquelyn Desch of Squire Patton Boggs LLP.