White Collar

  • May 30, 2024

    Justices Back Ariz. Execution Despite Trial Lawyer's Miscues

    Three decades after an Arizona man fatally bludgeoned a friend, a young girl and a grandmother, the U.S. Supreme Court on Thursday ended his efforts to escape execution, finding that a trial lawyer's incomplete illustration of the man's psychologically damaging experiences doesn't merit leniency.

  • May 29, 2024

    Feds Dismantle Massive Botnet, Arrest Malware's Admin

    Following an investigation by law enforcement in the U.S., Singapore, Thailand and Germany, the U.S. Department of Justice on Wednesday announced it has dismantled a botnet used in cyberattacks, child exploitation, massive fraud and export violations, and arrested a Chinese national behind the malware.

  • May 29, 2024

    CFPB Says Citi 'Wrong' On Wire Transfer Rules In NY Suit

    The Consumer Financial Protection Bureau is backing New York's attorney general in a lawsuit accusing Citibank NA of failing to adequately protect customers from online wire transfer fraud, arguing the bank is "wrong" about what rules govern its obligations to scam victims.

  • May 29, 2024

    Autonomy Founder Pushed Sales Team Hard, Jury Hears

    A federal prosecutor cross-examining ex-Autonomy CEO Michael Lynch on Wednesday in a criminal fraud trial over claims the British tech tycoon conned HP into overpaying billions for his software company sought to portray Lynch as an overbearing leader who put intense pressure on his team to generate "revenue revenue revenue."

  • May 29, 2024

    Pot Co. Must Face Calif. City's Counterclaims In License Battle

    A California cannabis company and entrepreneur can't escape counterclaims that they failed to pay fees associated with a commercial license to sell in the city of Baldwin Park — the same municipality whose officials they claim helped swindle him out of nearly $1 million — a federal judge ruled Tuesday.

  • May 29, 2024

    SEC Says Asia-Focused Fund Firm Misled Its Investors

    A now-shuttered Asia-focused investment adviser and its CEO have agreed to pay fines totaling $600,000 as part of a deal to end U.S. Securities and Exchange Commission allegations they misled investors about certain details of their portfolios, including a key metric for assessing the risks they faced, and failed to disclose a conflict of interest.

  • May 29, 2024

    Split 3rd Circ. Affirms Court's Revision To $10M SEC Deal

    A split Third Circuit panel has affirmed a district court's decision to revise a nearly $10 million consent judgment between the U.S. Securities and Exchange Commission and a man it accused of misappropriating millions from a private equity fund after he was found in contempt of the judgment.

  • May 29, 2024

    Carhartt Heiress Atty Says He Wanted To Pay Back $15M Loan

    A Michigan attorney accused of exploiting his wealthy Carhartt heiress client as trustee testified Wednesday that he intended to repay the roughly $15 million he had loaned himself from her trust, as he took the stand during the second week of a jury trial.

  • May 29, 2024

    NY Jury Eyes Trump Tower 'Conspiracy' As Deliberations Start

    Jurors in Donald Trump's criminal hush money trial ended their first day of deliberations Wednesday without a verdict, as the panel appeared to home in on testimony about a key 2015 meeting where the alleged scheme was hatched.

  • May 29, 2024

    Ex-Philly Union Leader Wants To Delay New Extortion Trial

    Former International Brotherhood of Electrical Workers Local 98 business manager John Dougherty, who was convicted of bribery and embezzlement but escaped a third conviction when the jury deadlocked at his extortion trial, asked Wednesday that the prospective new trial date on the extortion charges be pushed back due to his attorney's scheduling conflict.

  • May 29, 2024

    Atty Says SEC Waited Too Long To Secure Civil Penalties

    An attorney and her husband have told a Florida federal judge that it's too late for the U.S. Securities and Exchange Commission to reopen its case against them and seek civil penalties over a microcap scheme after almost four years of doing nothing to prosecute the case.

  • May 29, 2024

    Wash. Man Charged With Threatening To Kill Judge

    A Washington man is charged with intimidating a judge on allegations he threatened to kill Asotin County Superior Court Judge Brooke Burns, as well as her dog, Motley, after she oversaw his guilty plea to charges alleging he made threats to shoot up an elementary school and a county fair parade.

  • May 29, 2024

    Acting Boston US Atty Says Fraud Cases Still High Priority

    Prosecuting a range of fraud cases despite finite resources will remain a priority for Massachusetts acting U.S. Attorney Joshua Levy as he enters his second year in the job, he told reporters on Wednesday in a question and answer session at his office.

  • May 29, 2024

    Colo. Suspends Ex-Trump Atty For Aiding Ga. Election Lies

    A Colorado disciplinary judge has suspended Jenna Lynn Ellis from practicing law in the state for three years over her guilty plea in a Georgia election interference case, after the former attorney and legal adviser to Donald Trump disavowed her actions in a letter that admitted, "I was wrong."

  • May 29, 2024

    Ex-Calif. Atty Cops To Role In $9.5M Crypto Ponzi Scheme

    A disbarred California attorney has pled guilty in federal court to his role in promoting a $9.5 million cryptocurrency Ponzi scheme.

  • May 29, 2024

    House Ethics Committee To Probe Indicted Rep. Cuellar

    The House Ethics Committee announced on Wednesday that it has formed a subcommittee to investigate activities of Rep. Henry Cuellar, D-Texas, who was recently charged with accepting bribes from entities in Azerbaijan and Mexico in exchange for political favors.

  • May 29, 2024

    NLRB Wants Subpoenas Enforced In Calif. Tribal Casino Row

    The National Labor Relations Board has gone to federal court to enforce its subpoenas seeking a list of casino workers in a proposed bargaining unit, saying the refusals of a California tribe and a gaming company to provide the information are impeding an agency investigation.

  • May 29, 2024

    Israeli Atty Cops To Aiding Convicted Ponzi Schemer In NJ

    An Israeli attorney has admitted to conspiring to commit securities fraud, launder money and obstruct justice to aid alleged serial fraudster Eliyahu "Eli" Weinstein, who is facing new fraud charges just two years after then-President Donald Trump commuted Weinstein's 24-year prison sentence for previous fraud convictions amid a flood of last-minute pardons in January 2021.

  • May 29, 2024

    Weinstein Could Face Added Assault Charges In Retrial

    New York prosecutors planning to retry Harvey Weinstein this fall after his rape conviction was overturned said Wednesday they may file an expanded indictment after hearing from new sexual assault claimants.

  • May 29, 2024

    Archegos Jury Gets Glimpse At Founder's Earlier Legal Woes

    A banker told a Manhattan jury Wednesday that Archegos founder Bill Hwang's 2012 run-in with the law at his previous hedge fund was concerning, but details were largely kept from jurors hearing charges against Hwang over Archegos's $36 billion collapse.

  • May 29, 2024

    Menendez Trial Judge Sticks With Order Barring Texts

    The federal judge presiding over the corruption trial of U.S. Sen. Robert Menendez announced Wednesday that he is holding firm to his decision barring prosecutors from using text messages to bolster their claims that the New Jersey Democrat took bribes in exchange for authorizing millions of dollars in aid for Egypt.

  • May 29, 2024

    Coverage Recap: Day 1 Of Deliberations In Trump's NY 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 the first day of deliberations Wednesday.

  • May 29, 2024

    Theranos, Elizabeth Holmes Prosecutor Joins Cooley In Calif.

    Cooley LLP announced Wednesday it has brought in as a partner in its Silicon Valley office a former assistant U.S. attorney who successfully prosecuted biotechnology entrepreneur Elizabeth Holmes in the Theranos trial.

  • May 28, 2024

    Autonomy Founder Says HP 'Panicked,' Tried To Unwind Deal

    Autonomy founder Michael Lynch testified Tuesday in a California federal criminal trial over claims he conned HP into overpaying for his company that HP's board "panicked" after news of the acquisition leaked and HP's stock dropped 20%, that HP fired its CEO and that it attempted to back out of the deal.

  • May 28, 2024

    Data Co. Exec Misled GC About Scammer Sales, Feds Tell Jury

    A former Epsilon Data Management executive was well aware that a division of the direct marketing and data company was selling information about millions of consumers to fraudsters and worked to keep the firm's general counsel in the dark about the details, federal prosecutors told a Denver jury Tuesday.

Expert Analysis

  • Takeaways From SEC's Aggressive Cybersecurity Moves

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    The U.S. Securities and Exchange Commission's intensifying policy on cybersecurity and securities violations in the wake of a data breach — like its enforcement action against SolarWinds and its security officer — has emboldened shareholders to file related suits, creating a heightened threat to public companies, say attorneys at Baker McKenzie.

  • Considerations For Lawyer Witnesses After FTX Trial

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    Sam Bankman-Fried's recent trial testimony about his lawyers' involvement in FTX's business highlights the need for attorney-witnesses to understand privilege issues in order to avoid costly discovery disputes and, potentially, uncover critical evidence an adversary might seek to conceal, says Lawrence Bluestone at Genova Burns.

  • US Cos. Must Guard Against Russian Diversion Of Goods

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    Amid allegations that Russia is end-running trade sanctions through the diversion of otherwise innocuous, everyday goods, U.S. industry involved in the manufacture or distribution of electric products must step up its customer and partner due diligence to avoid unwittingly facilitating the weapons proliferation cycle, say attorneys at Arnold & Porter.

  • Employee Experience Strategy Can Boost Law Firm Success

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    Amid continuing business uncertainty, law firms should consider adopting a holistic employee experience strategy — prioritizing consistency, targeting signature moments and leveraging measurement tools — to maximize productivity and profitability, says Haley Revel at Calibrate Consulting.

  • What Cos. Can Learn From 2023 Export Enforcement Report

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    A January report summarizing key actions and policy changes undertaken at the Office of Export Enforcement in 2023 is a valuable indicator of future government priorities and the factors companies should consider as they conduct export operations amid what may be a turbulent international trading environment in 2024, says Thaddeus McBride at Bass Berry.

  • What EU And UK Corp. Corruption Reform Means For US Cos.

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    Legislative developments in the U.K. and European Union have signaled that the prosecution of fraud and corruption is becoming a greater priority, and large U.S. companies with a global presence should view them as an opportunity to create and revise their global compliance programs, say attorneys at DLA Piper.

  • Series

    Competing In Triathlons Makes Me A Better Lawyer

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    While practicing law and competing in long-distance triathlons can make work and life feel unbalanced at times, participating in the sport has revealed important lessons about versatility, self-care and perseverance that apply to the office as much as they do the racecourse, says Laura Heusel at Butler Snow.

  • Opinion

    History Reveals Folly Of Absolute Presidential Immunity

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    As a federal appeals court grapples with former President Donald Trump’s claims that he’s immune from prosecution on election interference charges, it’s a fitting time for lawyers to reflect on the rule of law — from 13th century jurisprudence to Watergate and the Clinton impeachment — and how the idea of absolute presidential immunity is unwise, says attorney Steven Reske.

  • Where Justices Stand On Chevron Doctrine Post-Argument

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    Following recent oral argument at the U.S. Supreme Court, at least four justices appear to be in favor of overturning the long-standing Chevron deference, and three justices seem ready to uphold it, which means the ultimate decision may rest on Chief Justice John Roberts' vote, say Wayne D'Angelo and Zachary Lee at Kelley Drye.

  • Perspectives

    6 Practice Pointers For Pro Bono Immigration Practice

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    An attorney taking on their first pro bono immigration matter may find the law and procedures beguiling, but understanding key deadlines, the significance of individual immigration judges' rules and specialized aspects of the practice can help avoid common missteps, says Steven Malm at Haynes Boone.

  • Lessons From Country Singer's Personal Service Saga

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    Recent reports that country singer Luke Combs won a judgment against a Florida woman who didn’t receive notice of the counterfeit suit against her should serve as a reminder for attorneys on best practices for effectuating service by electronic means, say attorneys at Jenner & Block.

  • How US Companies Can Wield The New Foreign Bribery Law

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    U.S. companies operating in high-risk markets can use the Foreign Extortion Prevention Act that passed last month to their advantage both in preventing bribe demands and in negotiating with the Justice Department to prevent prosecution or to receive cooperation credit, say attorneys at Squire Patton.

  • New Tech, Old Tricks: How GCs Can Fight White Collar Crime

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    As emerging technologies like artificial intelligence and cryptocurrency provide bad actors with new avenues to commit classic crimes, general counsel should develop a strategy to future-proof their organizations against such threats and prepare for regulatory scrutiny, say directors at FTI Consulting.

  • Unpacking PCAOB's Sanctions Against China-Based Auditors

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    Following the Public Company Accounting Oversight Board's first major enforcement actions against audit firms located in China and Hong Kong for violating quality control standards, China-based U.S. issuers should be prepared for more rigorous audits in the upcoming cycle, and for continuing strict scrutiny from the regulator, say attorneys at Debevoise.

  • 3 Areas Of Focus In Congressional Crosshairs This Year

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    Companies must prepare for Congress to build on its 2023 oversight priorities this year, continuing its vigorous inquiries into Chinese company-related investments, workplace safety and labor relations issues, and generative artificial intelligence, say attorneys at Morgan Lewis.

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