White Collar

  • June 29, 2026

    SEC Fines Merrill Lynch $7.5M For Unfiled Reports

    Bank of America subsidiary Merrill Lynch will pay $7.5 million to settle claims from the U.S. Securities and Exchange Commission that it violated securities laws by failing to further investigate certain transactions processed by its suspicious activity detection system.

  • June 29, 2026

    $100M RICO Suit Is 'Classic' Sanctionable Activity, Attys Say

    A California business owner pursuing racketeering claims against his former business partner and a handful of lawyers and business entities should be sanctioned for bringing a frivolous suit with no standing and no legal basis, several of the defendants have told a San Diego federal judge.

  • June 29, 2026

    China Crackdown Spurred $100M Insider Trading, Suit Says

    A suit filed in New York federal court Monday alleges a group of unknown traders carried out a $100 million insider trading scheme tied to a Reuters report and other disclosures about a Chinese regulatory crackdown on cross-border securities platforms.

  • June 29, 2026

    Judge Limits Vegas Trip For BigLaw Insider Trading Defendant

    A Massachusetts federal magistrate judge said Monday a defendant described by prosecutors as a "lynchpin" in the BigLaw insider trading case must limit a planned visit to Las Vegas next month to just two nights, saying she also has "concerns about the validity" of a financial statement he provided to obtain a federal defender.

  • June 29, 2026

    Former FirstEnergy CEO Escapes SEC Fraud Suit

    The U.S. Securities and Exchange Commission's lawsuit against the former CEO of FirstEnergy Corp. has been thrown out by an Ohio federal judge who said the agency's securities fraud claims attempt to "enforce a disclosure regime where none presently exists."

  • June 29, 2026

    Chinese Exile Guo Gets 30 Years For $1.4B Fraud

    Exiled Chinese businessman and dissident Miles Guo on Monday was sentenced to 30 years in prison, after a Manhattan federal jury convicted him of defrauding investors of more than $1.4 billion in connection with what prosecutors say was "a criminal enterprise built on lies."

  • June 29, 2026

    Former NJ AG Pushes To End Suit Over Tossed RICO Case

    Former New Jersey Attorney General Matt Platkin asserts that a lawsuit from a former CEO indicted in New Jersey's now-dismissed criminal racketeering case against South Jersey power broker George E. Norcross III squarely implicates the protections afforded to prosecutors.

  • June 29, 2026

    Director Gets 2½ Years For 'Brazen' $11M Netflix Fraud

    A Manhattan federal judge sentenced a Hollywood director to 2.5 years in prison Monday, after a jury convicted him of taking $11 million from Netflix for a show that was never finished and squandering money on stock bets and luxuries.

  • June 29, 2026

    Tax Attys Cite Justices' Venue Ruling In Seeking 4th Circ. Redo

    A father-daughter attorney duo is asking the full Fourth Circuit to rethink their convictions in a $22 million tax avoidance scheme, arguing a U.S. Supreme Court decision that came down just two days after a panel affirmed their guilty verdicts supports their argument that prosecutors pursued charges in the wrong state.

  • June 29, 2026

    NBA Vet Beasley Among Latest Indicted In Gambling Dragnet

    Former NBA guard Malik Beasley has been indicted in the government's sprawling sports betting investigation, New York federal prosecutors announced Monday, alleging that the nine-year veteran manipulated his play to give gamblers an edge.

  • June 29, 2026

    Justices Clarify Geofence Warrant Standards

    The U.S. Supreme Court ruled Monday that geofence warrants, which compel technology companies to turn over users' location data to law enforcement, are "searches" under the Fourth Amendment.

  • June 29, 2026

    Justices Turn Away Case Challenging SEC's 'Gag Rule'

    The U.S. Supreme Court on Monday said it would not hear a constitutional challenge to a now-rescinded U.S. Securities and Exchange Commission policy that prohibited defendants from denying allegations against them when settling an enforcement action with the agency.

  • June 26, 2026

    Coercion Or Consent? A View From Inside The OneTaste Trial

    Coming in as lead counsel for OneTaste's former sales director four months ahead of ​the high-profile trial after previous lawyers were conflicted out, Celia Cohen and her Ballard Spahr LLP team were tasked with building a defense against a first-of-its-kind forced labor conspiracy case against top leaders ​of the "orgasmic meditation" organization​.

  • June 26, 2026

    'Millennial VC' Says Atty Failure Warrants New Fraud Trial

    A venture capitalist dubbed the "Millennial VC" asked a California federal judge for a new trial on charges he misappropriated $19 million, saying his trial counsel failed him by not considering hiring a forensic accountant to rebut a key government expert regarding the money trails that supposedly enabled wanton misspending.

  • June 26, 2026

    Bosch DOJ Declination Shows Benefits Of Early Self-Reporting

    The U.S. Department of Justice's recent decision not to prosecute German technology company Bosch for exporting products to a sanctioned Chinese company signals to businesses that prompt self-reporting to the government can help them secure a declination even for serious national security offenses.

  • June 26, 2026

    PACER Fees Will Rise To Fund Cyber Defense Upgrades

    The federal judiciary announced Friday it will temporarily increase the fees for electronic access to court records to pay for a potential $800 million upgrade that will modernize and strengthen court records systems PACER and CM/ECF, an upgrade it previously said is needed to respond to escalating cyberattacks.

  • June 26, 2026

    Georgia Cases To Watch In The Last Half Of 2026

    Georgia faces major litigation in the second half of 2026, including disputes over data center growth, PFAS contamination and whether companies can be forced to fund medical monitoring for people alleging no current injuries. Here, Law360 highlights some of the biggest cases to keep an eye on in the Peach State.

  • June 26, 2026

    Kalshi Loses Bid To Keep Mich. Gambling Suit In Fed. Court

    A Michigan federal judge has remanded to state court a suit by Michigan's attorney general against Kalshi over claims the prediction market platform is violating state gambling laws, finding Kalshi failed to sufficiently argue that the suit should remain in federal court.

  • June 26, 2026

    Judge Tells Feds To Justify Bid To Drop Adani Prosecution

    A New York federal judge Friday told prosecutors their "terse, bland, and conclusory statement" asking the court to drop a fraud case accusing several individuals of orchestrating a $250 million bribery scheme to secure lucrative Indian government renewable-energy contracts was not sufficient without further information.

  • June 26, 2026

    Messner Reeves Says $8.3M Fraud Suit Repeats Utah Case

    Colorado law firm Messner Reeves LLP has claimed in federal court that a lawsuit accusing it of stealing more than $8 million as part of a fraudulent loan scheme should be dismissed because the plaintiffs' Racketeer Influenced and Corrupt Organizations Act claims were dismissed by another court with prejudice.

  • June 26, 2026

    Ex-Celsius Exec Fights For Share Of D&O Defense Fund

    A former executive for the bankrupt cryptocurrency firm Celsius Network has told a New York federal court that he is entitled to directors and officers liability coverage for his costs defending a criminal case in which he pled guilty to manipulating the price of the firm's crypto token.   

  • June 26, 2026

    Supreme Court Pauses Fine In Journalist's Appeal

    The U.S. Supreme Court on Friday stayed a D.C. Circuit ruling upholding a civil contempt order against former Fox News journalist Catherine Herridge, further staving off a district judge's $800-per-day fine for refusing to expose her source.

  • June 26, 2026

    Wash. Healthcare Firm's Ex-CEO Admits To Embezzling $24M

    A former chief executive officer of Washington-based Community Clinic Network has pled guilty to wire fraud in Washington federal court, admitting he drained almost $24.4 million from the healthcare company's coffers, most of which he lost in a series of poor investment decisions.

  • June 26, 2026

    SEC Awards $20M To Securities Fraud Whistleblower

    The U.S. Securities and Exchange Commission has granted an award of about $20 million to a whistleblower for providing a tip to the agency about an alleged sophisticated securities manipulation scheme that led to an investigation, successful enforcement action and settlement.

  • June 26, 2026

    Fintech Execs Tell 11th Circ. Token Wasn't Security

    Two former executives at fintech company Hydrogen Technology Corp. have asked an Eleventh Circuit panel to vacate their convictions and sentences, arguing there was insufficient evidence to support the charges that they conspired to manipulate the market for Hydrogen's digital assets.

Expert Analysis

  • Structuring Internal Investigations For DOJ Disclosure Credit

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    Because the Justice Department’s new enforcement program requires cooperating companies to demonstrate they have conducted high-quality investigations before they can receive the benefits of self-disclosing misconduct, it is more important than ever to build independence into internal investigations from the outset, says Adesola Makoko.

  • How Courts Are Clashing Over FinCEN Real Estate Rule

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    A Texas federal court's recent decision in Flowers v. Bessent has vacated the Financial Crimes Enforcement Network's anti-money laundering rule for residential real estate transfers, but significant uncertainty remains due to the ruling's direct conflict with other recent federal court decisions, say attorneys at Katten.

  • Mapping Philly US Atty's White Collar Enforcement Push

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    Attorneys at Blank Rome discuss the U.S. Attorney for the Eastern District of Pennsylvania David Metcalf’s commitments and priorities, survey early results from his first year, and suggest practical action items for companies operating under the office's jurisdiction.

  • DOJ's Superseding Policy Muddies Trade Crime Disclosures

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    The U.S. Department of Justice’s first agencywide voluntary self-disclosure policy is intended to standardize approaches across DOJ components, but the shift may prove difficult in trade controls cases under the National Security Division, which has long viewed sanctions and export control offenses as uniquely serious, say attorneys at Covington.

  • Reel Justice: 'No Other Choice' And Moral Rationalization

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    In the satirical thriller "No Other Choice," the main character rationalizes his decision to kill business competitors by creating a narrative of necessity, illustrating for attorneys the dangers of treating strategic litigation decisions as inevitabilities rather than choices, says Veronica Finkelstein at Wilmington University.

  • SEC's Enforcement Slowdown May Raise Oversight Questions

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    After six months of enforcement activity, it's clear that fiscal year 2026 will see an unprecedented decline in U.S. Securities and Exchange Commission enforcement activity relative to past years, but whether the SEC will be viewed as sufficiently policing the securities markets at the end of the fiscal year is more uncertain, say attorneys at Covington.

  • Steps To Consider As DOJ Launches Fraud Division

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    The establishment this month of the National Fraud Enforcement Division within the U.S. Department of Justice is a significant reorganization that suggests an increase in enforcement activity involving federally funded programs but leaves a number of important questions unanswered, say attorneys at Crowell & Moring.

  • 5 Trial Lessons You Learn By Losing

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    Exploring insights that are usually gained only after trial loss can expose the gaps between what we intend to communicate and what lands with the fact-finder, including why being right isn't always a win and how winning a cross‑examination can help you lose your case, says Allison Rocker at Baker & McKenzie.

  • What We Did And Didn't Learn From DOJ's 1st Illegal DEI Deal

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    IBM's recent $17 million deal with the U.S. Department of Justice marks the first resolved False Claims Act enforcement action under the Civil Rights Fraud Initiative, and while it validates the core of the government's FCA antidiscrimination enforcement road map, it leaves its most aggressive theories untested, say attorneys at Nutter.

  • What To Expect From The SEC's New SOX Group

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    In a potential shift away from Public Company Accounting Oversight Board enforcement, the U.S. Securities and Exchange Commission's formation of a new group to investigate and litigate potential violations of the Sarbanes-Oxley Act brings both risks and benefits for auditors, say attorneys at King & Spalding.

  • Why Justices Seem Skeptical Of Curbing SEC Disgorgement

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    Sripetch v. U.S. Securities and Exchange Commission presents an opportunity for the U.S. Supreme Court to clarify the disgorgement limits it set six years ago in Liu v. SEC, with recent oral arguments suggesting the court sees disgorgement as an equitable remedy akin to unjust enrichment, say attorneys at Hueston Hennigan.

  • 3 Factors Shifting Criminal Defendants' Cooperation Decisions

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    Several factors, including a recent decline in assistant U.S. attorneys at the U.S. Department of Justice, new offense level changes to the sentencing guidelines and a swift uptick in presidential pardons, are prompting federal criminal defendants to rethink cooperation with the government, says Ben Schrader at Bass Berry.

  • OFAC Signals Sanctions Diligence Can't Stop At 50% Rule

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    Recent guidance from the Office of Foreign Assets Control, along with several enforcement actions looking beyond the 50% formal ownership requirement, sends a clear message that sanctions due diligence must consider a variety of factors, including degree of control, practice of actual dealings and the involvement of proxies, say attorneys at Jenner & Block.

  • Hungary CPAC Funding Probe Could Implicate US Entities

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    A Hungarian anti-corruption investigation into claims that the former prime minister used taxpayer funds to support the Conservative Political Action Conference could include potential cross-border political and financial dimensions that create multiple touchpoints for U.S. regulatory and enforcement interest, say attorneys at Ballard Spahr.

  • Series

    Officiating Football Makes Me A Better Lawyer

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    Though they may seem to have little in common, officiating football has sharpened many of the same skills that define effective lawyering in management-side labor and employment: preparation, judgment, composure, credibility and ability to make difficult decisions in real time, says Josh Nadreau at Fisher Phillips.

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