White Collar

  • August 21, 2026

    Crypto Co. Founder's Atty Tells Jury Biz Partner Lied, Not Him

    A cryptocurrency firm's founder deceived investors by claiming his company's auto-trading platform was up and running, a federal prosecutor told a California federal jury during closing arguments Friday, while the defendant's lawyer said his client was not trying to cheat anyone and called the government's cooperating witness "a stone cold liar."

  • August 21, 2026

    SEC Sues To Enforce Subpoena On Texas Oil Co.

    The U.S. Securities and Exchange Commission asked a federal judge Thursday to order a Texas oil company and its affiliates to comply with subpoenas in an investigation over possible securities violations through offers and sales of fractional undivided working interests in oil leases, where the company raised about $42.7 million.

  • August 21, 2026

    Ex-Abercrombie CEO Fit For Sex-Trafficking Trial

    A Brooklyn federal judge found Friday that former Abercrombie & Fitch CEO Michael Jeffries is mentally fit to stand trial for sex trafficking after a four-month rehabilitation committal.

  • August 21, 2026

    Divided 2nd Circ. Backs DQ Of Acting NDNY US Attorney

    The Second Circuit on Friday upheld a lower court's decision that found the acting U.S. attorney for the Northern District of New York, John Sarcone III, was unlawfully serving in his position when he obtained grand jury subpoenas of the New York attorney general's office.

  • August 21, 2026

    Convicted Trader Can't Toss CFTC Suit Over $100M Loss

    A former natural gas commodities trading executive, who is currently serving a three-year prison sentence for defrauding his former employer, must face claims from the Commodity Futures Trading Commission that he hid millions of dollars in trading losses by falsifying entries in the company's accounting system, a New York federal judge has ruled.

  • August 21, 2026

    Verdict Bars Ex-Fla. Rep's 'Sham' Contract Claim, Oil Co. Says

    The U.S. affiliate of Venezuela's state oil company urged a New York federal court Friday to toss a former Florida congressman's counterclaim alleging he's still owed $30 million under a consulting contract, saying his conviction on charges of failing to register as a foreign agent shows the agreement was a "sham."

  • August 21, 2026

    Ex-CIA Analyst Loses Bid To Bar FBI Interview In FARA Case

    A former CIA analyst accused of aiding the South Korean government without proper registration can't suppress statements she made to FBI agents in a series of interviews that lasted more than six hours, a New York federal judge has ruled.

  • August 21, 2026

    Balancing The Scales: Diminished Capacity, Sentencing Rules

    The Michigan Supreme Court has overturned 25 years of state precedent by reviving the diminished capacity defense, and the justices in Pennsylvania said the Legislature is out of time to craft new sentencing guidelines for second-degree murder. Here, Law360 highlights access to justice stories arising from litigation, verdicts and judgments you may have missed.

  • August 21, 2026

    SEC Files Insider Trading Case Against Ex-BofA Bankers

    The U.S. Securities and Exchange Commission on Friday sued a New York attorney and former Bank of America employee, accusing him of passing along insider information to a friend ahead of a publicly announced $8.1 billion deal to buy a New Jersey natural gas company.

  • August 21, 2026

    Fed. Circ. OKs Firing Of IRS Worker Flagged By Goddaughter

    The Federal Circuit affirmed the termination of an IRS employee whose goddaughter reported her to the agency for accepting compensation or gifts in exchange for preparing tax returns for others, upholding a decision by the U.S. Merit Systems Protection Board.

  • August 21, 2026

    Ex-Tenn. AUSA Charged With Federal-Official Murder Threats

    A former Tennessee assistant U.S. attorney was indicted on 12 counts of threatening to murder law enforcement officers and members of their immediate family, according to federal prosecutors.

  • August 21, 2026

    Ex-Google Engineer Wins Partial Acquittal After IP Theft Trial

    A California federal judge acquitted an ex-Google software engineer of espionage charges Thursday while upholding his trade secret theft conviction, ruling that although trial evidence showed his trade secret theft was "ad hoc, disorganized and feeble," such evidence isn't enough to prove he intentionally colluded with the Chinese government.

  • August 21, 2026

    Trump Says Pardon Atty Ed Martin Leaving For Midterms

    U.S. pardon attorney Ed Martin will be leaving the administration to work on the midterm elections, President Donald Trump announced on Friday.

  • August 21, 2026

    Gov't To Take 9th Circ.'s Bar Of Nev. US Atty To High Court

    The U.S. government asked the Ninth Circuit to stay its ruling disqualifying Nevada's top prosecutor from assuming that role without Senate confirmation, saying it plans to take the issue to the U.S. Supreme Court.

  • August 21, 2026

    Army Immunity Ends Defrauded Families' Malpractice Claims

    A New Jersey federal judge tossed legal malpractice claims against attorney Natalie Khawam Case and the law firm she founded, finding that a group of Gold Star families could not show that their underlying allegations against the U.S. Army would have survived the Federal Tort Claims Act's limits on suing the government.

  • August 21, 2026

    Ashurst Perkins Adds DOJ National Security Atty In Chicago

    A former trial attorney in the U.S. Department of Justice's National Security Division has joined Ashurst Perkins Coie LLP as a partner in its complex litigation practice in Chicago after more than 12 years in public service.

  • August 20, 2026

    Uber Gets Greenlight On Most Fraud Claims Against LA Firms

    A California federal judge Wednesday largely rejected two Los Angeles personal injury firms' attempts to ditch Uber's suit claiming it's being targeted by a scheme involving fraudulent personal injury claims, finding Uber has plausibly alleged that the firms schemed with a surgeon to rack up medical costs.

  • August 20, 2026

    Jay-Z Appeals Buzbee Win In Rapper's Defamation Suit

    Music mogul Jay-Z's counsel fought uphill Thursday to convince a California state appeals court to revive claims that Texas attorney Tony Buzbee defamed and extorted him by roping him into a sexual abuse suit against Sean "Diddy" Combs, arguing in court that a trial court erroneously read evidence in Buzbee's favor.

  • August 20, 2026

    HEICO Exec Arrested, Accused Of $1.8M Insider Trading Ploy

    A senior HEICO Corp. executive was arrested Thursday and charged with securities fraud for what Manhattan federal prosecutors say were multiple instances of insider trading in the stock of the publicly traded aerospace and technology company.

  • August 20, 2026

    Ex-Trade Desk Finance Director Accused Of Insider Trading

    A former Trade Desk finance director traded on insider information ahead of public earnings announcements by his former employer, netting over $338,000 in profits, according to an indictment unsealed Thursday and a U.S. Securities and Exchange Commission complaint, both in New York federal court.

  • August 20, 2026

    Podhurst, Ex-Client Take Malpractice Fight To Lion Air Judge

    The Illinois federal judge handling consolidated wrongful death litigation over Lion Air Flight 610's crash agreed on Thursday to take on malpractice claims a widow recently lodged against Podhurst Orseck PA for allegedly failing to communicate about her $4 million settlement over the 2018 tragedy.

  • August 20, 2026

    Adviser, Startup To Pay SEC $266K For Taking Client Data

    The U.S. Securities and Exchange Commission has secured a nearly $266,000 judgment against a California-based investment adviser and his firm, and banned him from practicing for three years after he allegedly emailed himself confidential client information from his former employer and used it to launch his own investment firm.

  • August 20, 2026

    Defunct Tax Startup CEO Barred From Deceiving Investors

    A California federal judge prohibited the CEO of a defunct tax compliance startup who was accused by the U.S. Securities and Exchange Commission of swindling $13 million from investors from deceiving anyone or disseminating false information regarding investments in violation of securities laws.

  • August 20, 2026

    Deutsche Bank Freed From Fed's 2017 Forex-Rigging Order

    The Federal Reserve has terminated a 2017 enforcement action that required Deutsche Bank to pay nearly $137 million over its alleged role in Wall Street's foreign exchange rate-rigging scandals.

  • August 20, 2026

    Ex-Immigration Officer To Admit Embezzling $60K From Union

    The former treasurer of a federal workers' union local has agreed to plead guilty to embezzling more than $60,000 to pay for expenses ranging from food and utility bills to dance lessons, the U.S. attorney's office in Massachusetts announced Thursday.

Expert Analysis

  • Series

    Founding An Autism Academy Made Me A Better Lawyer

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    Starting a nonprofit autism school with no building, no funding model and no guarantee that families would trust us taught me the importance of mission, patience and purpose — lessons that sharpened my practice and showed how meaningful work outside the office can make lawyers better, says Phillip Russell at Ogletree Deakins.

  • How Justices' Habeas Ruling Limits Compassionate Release

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    The U.S. Supreme Court's recent holding in Fernandez v. U.S. that a federal prisoner who challenges their conviction's validity must do so through habeas, not compassionate release, considerably narrows the universe of arguments that can support a sentence reduction, says attorney Elizabeth Franklin-Best.

  • Agentic AI And Securities Law: The Vanishing Defendant

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    The entire framework of traditional securities regulation rests on the ability to attribute conduct to human actors and assess their intent and control, but agentic artificial intelligence systems threaten to upend that basic first-step analysis, says Joseph A. Hall at Davis Polk.

  • Using NY Lawsuit Loan Law, Ruling Against Shady Injury Suits

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    The combination of a New York state appellate ruling that exposes litigation lenders in potentially fraudulent personal injury cases to discovery and a new law limiting predatory loans to plaintiffs provides defense counsel a powerful new toolkit for confronting suspicious claims, say attorneys at Stradley Ronon.

  • A New Wave Of Prediction Market Risk Is About To Break

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    The convergence of three potential new risks — shareholder derivative suits, evolving disclosure requirements and congressional investigations — means that prediction market exposure has graduated from an interesting hypothetical to a company's audit committee agenda item, say attorneys at King & Spalding.

  • Opinion

    Rule Of Law Requires Gov't Engagement With Bar, Not Retreat

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    A federal agency's absence from national and local bar conferences, most recently illustrated by the U.S. Department of Justice's withdrawal from a New York City Bar Association white collar conference, disserves the bar, the government lawyers themselves and, ultimately, the administration of justice, says Muhammad Faridi at Linklaters.

  • The Paradoxical Duty To Adopt AI When You Can't Bill For It

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    Both billing for hours saved using artificial intelligence and preserving billable time by not adopting AI may violate rules of professional conduct, but until bar associations' ethics rules catch up to this emerging economic dilemma, firms must decide how to adjust fee structures themselves, says Ines Lassalle at Peyrot & Associates.

  • Sripetch May Prove To Be An Empty Victory For The SEC

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    The U.S. Supreme Court's recent decision in Sripetch v. U.S. Securities and Exchange Commission held that the SEC need not prove pecuniary harm for disgorgement, but if the commission must still identify victims and distribute funds in a compensatory way, it faces the same economic problem as before the ruling, says Erin Smith at Compass Lexecon.

  • Mapping 5 Fronts Of The Prediction Markets Regulatory Battle

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    The legal framework governing prediction markets is under simultaneous challenge in five independent areas, and the outcomes will determine not just who can operate prediction markets, but the compliance obligations of every participant in the ecosystem, says Ivor Wolk at Manatt.

  • Reel Justice: 'Tuner' And Modern Juror Sympathy

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    In “Tuner,” the main character’s criminal behavior is framed as an extension of his vulnerability, talent and loyalty, demonstrating how narratives of sympathy shape perceptions of culpability, and why jurors may reinterpret wrongdoing through story and emotion rather than evidence and doctrine, says Veronica Finkelstein at WilmU Law.

  • 3 Misconceptions About Justices' FCC Fines Ruling

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    The U.S. Supreme Court's June 4 Federal Communications Commission v. AT&T decision rejecting AT&T’s and Verizon’s argument that the commission's forfeiture process violates the Seventh Amendment has yielded three common reactions that misunderstand the decision as a matter of law and how the FCC actually operates, says Samuel Feder at Jenner & Block.

  • How A Founder's AI Pitch Deck Can Become A Crime Scene

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    As recent indictments and prosecutions against tech executives illustrate, AI washing is a criminal enforcement priority, not a regulatory formality, highlighting the importance of ensuring that founders don't overstate what their artificial intelligence does, particularly in the initial pitch deck to investors, says attorney Alan N. Walter.

  • SEC Disgorged Fund Distribution Is Next Query After Sripetch

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    Following the Supreme Court's Sripetch v. U.S. Securities and Exchange Commission decision, investor harm isn't required for the SEC to obtain a disgorgement award, but future cases must resolve whether the commission will be freed from a requirement to distribute disgorged funds to the victims of alleged misconduct, says Daniel Walfish at Katsky Korins.

  • Direct Fed Payment Access Finally In Sight For Fintechs

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    A recent executive order and a Federal Reserve proposal could finally allow direct payment system access for fintechs and other nonbanks, potentially reducing reliance on sponsor banks and reshaping competition, as well as prompting organizations to reassess partnership strategies as litigation and rulemaking unfold, say attorneys at Freshfields.

  • How FCA, FCPA Risks Are Shifting As Feds Pull Back

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    As the federal government continues its retreat from white collar enforcement, companies should expect False Claims Act risk to grow through private whistleblower suits and Foreign Corrupt Practices Act scrutiny to shift toward foreign prosecutors, requiring more adaptability as accountability becomes less centralized, says Temidayo Aganga-Williams at Selendy Gay.

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