White Collar

  • May 06, 2024

    SEC's Grewal Says Self-Reporting Best Bet For No Penalties

    Self-reporting is the most important factor that U.S. Securities and Exchange Commission enforcement staff weigh in determining cooperation credit and whether a firm should face a penalty, SEC Enforcement Director Gurbir Grewal said in an interview with Law360.

  • May 06, 2024

    SEC Hits Investor Group Owner With $2M Fraud Suit

    The U.S. Securities and Exchange Commission has filed a suit in Missouri federal court against the owner of a private investor membership group, accusing him of misleading several members to invest around $2 million into a fake investment trading program.

  • May 06, 2024

    Convicted Ga. Sheriff Hit With Civil Rights Suit From Detainee

    Former Georgia Sheriff Victor Hill, who was convicted in 2022 of violating his detainees' civil rights by leaving them strapped to a chair for hours at a time, was hit with a federal lawsuit Friday by an alleged victim of Hill's methods who testified against him in his criminal trial.

  • May 06, 2024

    Coverage Recap: Day 8 Of Trump's NY Hush Money Trial

    Law360 reporters are providing live updates from the Manhattan criminal courthouse as Donald Trump goes on trial for allegedly falsifying business records related to hush money payments ahead of the 2016 election. Here's a recap from day eight.

  • May 06, 2024

    Truth Social Backer 'Absolutely' Denies Insider Rap To Jury

    An investment pro told a Manhattan federal jury Monday that he never tipped Florida speculators to a confidential plan to take former President Donald Trump's media concern Truth Social public, taking the stand to fight insider trading charges against him.

  • May 06, 2024

    Mentor, Opponent Unite In Praising Detroit's Newest Judge

    Both a repeated adversary and early mentor agree: Robert J. White has what it takes to succeed as Detroit's newest federal judge.

  • May 06, 2024

    NY Judge Resigns After Pleading Guilty To Drug Charge

    A central New York justice who recently admitted to possessing and selling cocaine has stepped down from the bench, a state judicial conduct commission announced Monday.

  • May 06, 2024

    Meet The Attys For NC Insurance Mogul Facing Bribery Retrial

    Nearly two years after the Fourth Circuit exonerated Greg E. Lindberg on bribery and wire fraud charges, a team of Katten Muchin Rosenman LLP partners with prosecution experience has joined forces with prominent white collar defense lawyer James F. Wyatt lll in hopes of staving off a second conviction for the embattled insurance tycoon.

  • May 06, 2024

    SEC Settles Insider Info Charges With CBD Co.'s Ex-Chairman

    The U.S. Securities and Exchange Commission has announced a settlement with the former chairman of Neptune Wellness Solutions Inc. to resolve charges that he leaked inside information about the company's then-pending purchase of SugarLeaf Labs Inc. to a friend's wife.

  • May 06, 2024

    SEC Targets Robinhood's Crypto Unit For Possible Lawsuit

    Robinhood Markets Inc. notified investors Monday that the U.S. Securities and Exchange Commission plans to sue its crypto arm for allegedly failing to register as a securities brokerage firm and clearing agency, saying the agency could go as far as demanding that the platform be shut down. 

  • May 06, 2024

    British National Admits To Coworking Business Ponzi Scheme

    A British citizen pled guilty Friday in Manhattan federal court to participating in a scheme to solicit investments using fraudulent misrepresentations about a coworking company where he was a principal.

  • May 06, 2024

    Menendez Jury Can Hear Of Cash And Gold In Bribe Case

    A jury soon to weigh corruption charges against U.S. Sen. Bob Menendez can be told about cash and gold "stuffed in pockets, in a safe, in jackets" in the New Jersey Democrat's home despite his insistence that nothing ties the money to alleged bribes, a judge ruled Monday.

  • May 06, 2024

    Whiteford Hires Veteran National Security Atty In DC

    Whiteford Taylor & Preston LLP has hired a former Eastern District of Virginia assistant U.S. attorney, who has prosecuted high-ranking ISIS terrorists and a myriad of other criminals during his 18 years with the agency's national security and international crime unit.

  • May 06, 2024

    NY Judge Holds Trump In Contempt Again, Threatens Jail

    Donald Trump was once again slapped with criminal contempt and a fine on Monday after the New York judge presiding over his hush money case found that he violated a gag order for the 10th time, explicitly warning that further violations could land the former president in jail.

  • May 03, 2024

    Binance Founder's Sentence Shaped By Plea And Apology

    Binance founder Changpeng Zhao's willingness to cooperate with law enforcement and accept responsibility in court for the crypto exchange's anti-money laundering violations helped the former CEO land a deal with prosecutors that got him a relatively short prison sentence to close out a yearslong investigation.

  • May 03, 2024

    NY's Citi Suit Imperils Wire Transfer Market, Bank Groups Say

    Major banking trade groups are backing Citibank NA in its fight against the New York attorney general's lawsuit over the bank's payment fraud protocols, warning that the state's claims seek to change how wire transfers are regulated in a way that could "upend" the marketplace for such services.

  • May 03, 2024

    Phone Carriers Still Want More Time On SIM Swap Deadline

    Telecom trade groups have once again told the Federal Communications Commission that their members are going to struggle to meet the deadline for complying with the agency's new rules aimed at combating SIM card swapping fraud.

  • May 03, 2024

    Hope Hicks Tells Jury Of 'Access Hollywood' Tape Fallout

    Hope Hicks, a former senior aide to Donald Trump, took the witness stand Friday in the former president's Manhattan hush money trial and described the fallout during the 2016 campaign after the release of the notorious "Access Hollywood" video and as word of his alleged extramarital affairs began to spread.

  • May 03, 2024

    Calif. Appeals Court Calls Firm's Conduct 'Woefully Uncivil'

    A California state appeals court has backed sanctions against The Vanderpool Law Firm in a dispute with Masimo Corp., finding that the firm had engaged in misconduct during discovery and noting that it was "woefully uncivil" in its emails with opposing counsel.

  • May 03, 2024

    Harvey Weinstein Denied Win In $1M Fee Fight With Jose Baez

    A New York state judge on Friday denied an early win to Harvey Weinstein in his $1 million fee dispute with criminal defense attorney Jose Baez, saying the incarcerated former media mogul produced nothing but a "self­-serving affidavit" and "haphazard printout" to make his arguments. 

  • May 03, 2024

    5 Plead Guilty To Hiding Fraud Proceeds In Chinese Cos.

    Five men pled guilty in Florida federal court to fraud-related charges connected to a scheme that involved hacking into businesses' computer systems and wiring millions of dollars to bank accounts in the name of fake companies before the money was ultimately laundered in China, according to the Internal Revenue Service.

  • May 03, 2024

    BTC-e Mastermind Cops To Money Laundering Conspiracy

    A Russian national pled guilty Friday to conspiracy to commit money laundering related to his central role in operating the cryptocurrency exchange BTC-e from 2011 to 2017, according to the U.S. Attorney's Office for the Northern District of California.

  • May 03, 2024

    Criminal Defense Attys Push Biden For Cannabis Clemency

    On the heels of the U.S. Department of Justice's announcement that it would recommend relaxing federal restrictions on marijuana, the National Association of Criminal Defense Lawyers has urged President Joe Biden to grant clemency and compassionate release to those with federal nonviolent marijuana convictions.

  • May 03, 2024

    'Bud And Breakfast' Cannabis Scammer Gets 2 Years In Prison

    An Alaska man who pled guilty to conspiracy stemming from a scam bilking investors out of $722,000 to fund a failed "Bud and Breakfast" tourist lodge and on-site marijuana grow was sentenced to two years in prison in Alaska federal court on Friday, according to the U.S. Attorney's Office.

  • May 03, 2024

    Gen AI Shows Promise — And Peril — For Pro Se Litigants

    Research on the capabilities of generative AI tools to help self-represented people has shown potential, but there is broad disagreement about how and when pro se litigants should be using them alone.

Expert Analysis

  • For Lawyers, Pessimism Should Be A Job Skill, Not A Life Skill

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    A pessimistic mindset allows attorneys to be effective advocates for their clients, but it can come with serious costs for their personal well-being, so it’s crucial to exercise strategies that produce flexible optimism and connect lawyers with their core values, says Krista Larson at Stinson.

  • High Court's Jan. 6 Rioter Case May Have Wide Ripple Effects

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    The U.S. Supreme Court will soon hear oral arguments in Fischer v. United States, a case that will determine whether a law enacted after the Enron scandal can be used to prosecute Jan. 6 rioters, and could affect the government’s ability to charge those who impede a range of official proceedings, say Brook Dooley and Sara Fitzpatrick at Keker Van Nest.

  • Bankruptcy Courts' Role In Shaping Crypto's Legal Framework

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    Massive financial and criminal liability has led to the recent collapse of major cryptocurrency companies and put bankruptcy courts in the spotlight, underscoring the urgent need for a comprehensive regulatory framework, say Tara Pakrouh and Eric Monzo at Morris James.

  • Trump's NY Civil Fraud Trial Spotlights Long-Criticized Law

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    A New York court’s recent decision holding former President Donald Trump liable for fraud brought old criticisms of the state law used against him back into the limelight — including its strikingly broad scope and its major departures from the traditional elements of common law fraud, say Mark Kelley and Lois Ahn at MoloLamken.

  • Intent-Based Theory Of Liability In Hwang Creates Ambiguity

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    A case against Archegos Capital founder Bill Hwang alleging that he participated in a securities manipulation scheme, which goes to trial next month in New York federal court, highlights the need for courts to clarify the legal standard defining "market manipulation," says Edward Imperatore at MoFo.

  • How A Motion Before Justices May Help Trump Beyond Court

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    Even if Donald Trump loses his presidential immunity claim before the U.S. Supreme Court, the delay created by the motion may mean a trial can't be completed before the November election, says Paul Tuchmann at Wiggin and Dana.

  • Opinion

    $175M Bond Refiled By Trump Is Still Substantively Flawed

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    The corrected $175 million bond posted by former President Donald Trump on Thursday to stave off enforcement of the New York attorney general's fraud judgment against him remains substantively and procedurally flawed, as well as inadequately secured, says Adam Pollock of Pollock Cohen.

  • Opinion

    Requiring Leave To File Amicus Briefs Is A Bad Idea

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    A proposal to amend the Federal Rules of Appellate Procedure that would require parties to get court permission before filing federal amicus briefs would eliminate the long-standing practice of consent filing and thereby make the process less open and democratic, says Lawrence Ebner at the Atlantic Legal Foundation and DRI Center.

  • 4 Ways To Motivate Junior Attorneys To Bring Their Best

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    As Gen Z and younger millennial attorneys increasingly express dissatisfaction with their work and head for the exits, the lawyers who manage them must understand and attend to their needs and priorities to boost engagement and increase retention, says Stacey Schwartz at Katten.

  • Defense Attys Must Prep For Imminent AI Crime Enforcement

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    Given recent statements by U.S. Department of Justice officials, white collar practitioners should expect to encounter artificial intelligence in federal criminal enforcement in the near term, even in pending cases, say Jarrod Schaeffer and Scott Glicksman at Abell Eskew.

  • Lessons For Nursing Facilities From DOJ Fraud Settlement

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    The U.S. Department of Justice's recent settlement with the owner of skilled nursing and assisted living facilities in Florida provides a cautionary tale of potential fraud risks, and lessons on how facilities can mitigate government enforcement actions, say Callan Stein and Rebecca Younker at Troutman Pepper.

  • How Purdue Pharma High Court Case May Change Bankruptcy

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    The U.S. Supreme Court’s upcoming ruling in Purdue Pharma may be the death of most third-party releases in Chapter 11 cases, and depending on the decision’s breadth, could have much more far-reaching effects on the entire bankruptcy system, say Brian Shaw and David Doyle at Cozen O'Connor.

  • 5 Takeaways From SAP's Foreign Bribery Resolutions

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    German software company SAP’s recent settlements with the U.S. Department of Justice and U.S. Securities and Exchange Commission, resolving allegations of foreign bribery, provide insights into government enforcement priorities, and how corporations should structure their compliance programs to reduce liability, say attorneys at Perkins Coie.

  • Series

    Serving As A Sheriff's Deputy Made Me A Better Lawyer

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    Skills developed during my work as a reserve deputy — where there was a need to always be prepared, decisive and articulate — transferred to my practice as an intellectual property litigator, and my experience taught me that clients often appreciate and relate to the desire to participate in extracurricular activities, says Michael Friedland at Friedland Cianfrani.

  • Perspectives

    Context Is Everything In Justices' Sentencing Relief Decision

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    In the U.S. Supreme Court’s recent Pulsifer v. U.S. decision, limiting the number of drug offenders eligible for sentencing relief, the majority and dissent adopted very different contextual frames for interpreting the meaning of “and” — with the practical impact being that thousands more defendants will be subject to severe mandatory minimums, says Douglas Berman at Moritz College of Law​​​​​​​.

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