White Collar

  • 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.

  • August 20, 2026

    Fashion Biz Founder Gets 5 Years For Large-Scale Fraud

    A federal judge in New York sentenced the founder of bankrupt apparel company CaaStle to five years in prison on Thursday after she admitted to deceiving investors about the prospects of her supposed $1.4 billion business to fraudulently raise nearly $300 million.

  • August 20, 2026

    Canadian Bioscience Cos. Settle 'Fake' Fuel Trading Suit

    A Colorado state judge agreed to issue a stay and administratively close a case brought by two Canadian bioscience companies alleging that a Denver resident defrauded them out of nearly $1 million through "fake" fuel trading deals, amid an undisclosed agreement reached between the parties.

  • August 20, 2026

    Staffing Co. Owner Charged In $7M Employment Tax Scheme

    A Philadelphia business owner was charged Thursday with filing false tax returns and failing to pay $7 million in payroll taxes owed to the IRS from his staffing agency, which federal prosecutors say provided companies with workers who were ineligible for employment in the U.S.

  • August 20, 2026

    Tax Biz Owner Charged In Scheme That May Have Bilked $65M

    A federal grand jury charged an Alabama tax preparation business owner with preparing and filing fraudulent returns for clients and himself in a scheme that may have caused the federal government a tax loss of more than $65 million, the U.S. Department of Justice said.

  • August 20, 2026

    Ethics Complaints Barred In Mass. Sheriff's Pot Extortion Trial

    The government cannot use records of past state ethics commission complaints against a Massachusetts sheriff in an extortion trial set to get underway next week, a federal judge said Thursday.

  • August 20, 2026

    Disbarred Atty Can't Keep Alive Suit Against NJ Ethics Officials

    The Third Circuit has refused to revive a disbarred attorney's suit against two New Jersey Office of Attorney Ethics lawyers, finding a district judge who recused herself from the case did not enter any substantive orders after granting the motion to recuse.

  • August 20, 2026

    Jury Finds Okla. Highway Contractor Guilty Of Price-Fixing

    A federal jury in Oklahoma found a highway runoff contracting business and two of its employees guilty of antitrust violations for a price-fixing conspiracy that allegedly impacted $100 million in publicly funded construction contracts in the state.

  • August 20, 2026

    Trump Taps DOJ Official, ND Solicitor General For Judgeships

    President Donald Trump announced Thursday he's tapping Jesus Osete, a top U.S. Department of Justice official, to serve on the Western District of Missouri and Philip Axt, solicitor general of North Dakota, for the District of North Dakota.

  • August 19, 2026

    Convicted Ex-Atty Deserves Redemption, Pardoned Client Says

    A former Connecticut attorney under suspension for the past decade over his role in a $3 million stock pump-and-dump scheme deserves reinstatement and redemption, a client of his pardon consulting firm told a state bar admissions committee on Wednesday.

  • August 19, 2026

    7th Circ. Backs Developer's Conviction In Bank Fraud Case

    The Seventh Circuit affirmed Tuesday a real estate developer's conviction for his role in a multimillion-dollar embezzlement scheme at a now-shuttered Chicago bank, saying while the line "separating an improper lending relationship from criminality was not obvious in this case," the government presented enough evidence for jurors to conclude he knowingly participated in the fraud.

  • August 19, 2026

    Outcome Health Execs Owe $270M And Counting For Fraud

    Former Outcome Health executives who were convicted of a $1 billion fraud against investors, lenders and customers must repay $270.8 million to certain victims, though that amount will climb higher with additional calculation, an Illinois federal judge said Wednesday.

  • August 19, 2026

    SEC Seeks $850K From Disbarred Calif. Atty

    The U.S. Securities and Exchange Commission asked a Texas federal judge Wednesday to order a disbarred California attorney to pay more than $850,000 in disgorgement and civil penalties for his alleged participation in a $112 million pump-and-dump fraud scheme, arguing a maximum penalty is warranted "based on his egregious misconduct."

  • August 19, 2026

    Video Tech Co. Founder Gets 6 Years For Stock Fraud

    The founder of a Silicon Valley video streaming service was sentenced to six years in federal prison Wednesday for orchestrating a pump-and-dump stock fraud scheme that stole money from at least 100 investors.

  • August 19, 2026

    CFTC Spares FTX's Ellison, Wang Fines For Cooperation

    Former FTX and Alameda Research executives Caroline Ellison and Gary Wang have agreed to trading and registration bans, but will not face financial penalties, as part of deals with the U.S. Commodity Futures Trading Commission to resolve fraud claims against them over their roles in the scheme that caused the crypto exchange and trading firm to collapse.

  • August 19, 2026

    Feds Accuse Comey Of Trying To 'Shortcircuit' '86 47' Case

    Former FBI Director James Comey is seeking to end the case over an allegedly threatening photo of seashells he posted online before the government has had a chance to present the full context for its case, prosecutors argued this week.

  • August 19, 2026

    SCOTUSblog Founder Goldstein Seeks Release During Appeal

    SCOTUSblog founder Thomas Goldstein on Tuesday asked to be released from federal custody while he appeals his 12 tax and mortgage fraud convictions and a six-year prison sentence, saying he is not a flight risk and it would be a "grave injustice" for him to begin a sentence he believes will eventually get axed.

  • August 18, 2026

    Feds Bring New Charges Over $3.4B Iran-Backed Cybertheft

    Manhattan federal prosecutors on Tuesday announced new charges against a group of Iranians accused of running a global, state-backed hacking campaign against private companies, government agencies and universities, in a wide-ranging cybertheft conspiracy that stole at least $3.4 billion in academic data and intellectual property.

  • August 18, 2026

    Tricolor Execs Accused Of Securities Fraud By SEC

    The U.S. Securities and Exchange Commission on Tuesday sued the founder of bankrupt subprime auto lender Tricolor Holdings and two of its executives, accusing them of double pledging collateral and misrepresenting the debt pools they were offering to lenders.

  • August 18, 2026

    Franchise Group Trust Seeks $700M Over Take-Private Deal

    The litigation trust created after Franchise Group Inc.'s bankruptcy on Tuesday sued the company's former CEO, advisers and others in the Delaware Chancery Court, accusing them of carrying out a fraudulent take-private deal that caused more than $700 million in damages.

  • August 18, 2026

    Ga. Businessman Faked Docs For $24M In Loans, Feds Charge

    The former owner of a Georgia manufacturing business was charged with bilking a bank out of $24 million using fraudulent documents to finance the purchase of two Texas chemical companies, the U.S. Department of Justice said Tuesday.

  • August 18, 2026

    Exchanges Ask SEC To Delay Trade-Through Rule Withdrawal

    Some of the largest stock exchanges are urging the SEC to hold off on eliminating a rule that prohibits exchanges from executing trades at lower prices than the best displayed price available on other exchanges, saying the agency should first consider how the rule's elimination could impact broader market structure.

Expert Analysis

  • Series

    Studying Foreign Languages Makes Me A Better Lawyer

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    Studying Italian and Japanese has shown me that learning a new language can benefit a legal career in several ways, including by demonstrating the importance of approaching problems from a fresh perspective and the value of practicing patience with colleagues and clients, says Anna King at Genworth Financial.

  • Treasury Proposal Maps Compliance Road For Stablecoins

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    Stablecoin issuers should prepare for bank-style anti-money laundering and sanctions obligations under, and consider submitting comments on, the Treasury Department's proposed Genius Act rules, which are reshaping compliance expectations for digital asset businesses and affiliated financial institutions alike, say attorneys at Arnold & Porter.

  • Adapting To AI-Driven Scrutiny Of Foreign Asset Disclosures

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    As the government expands AI-driven, cross-agency fraud detection, foreign asset disclosure should be viewed as part of a broader, data‑driven enforcement ecosystem that prioritizes consistency, documentation and proactive governance, says Logan Koehring at FBT Gibbons.

  • Tax Teams Get No Bright-Line Rule From AI Privilege Cases

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    Three recent appellate decisions that considered artificial intelligence in the context of attorney-client privilege protections illustrate that taxpayers and tax practitioners alike must consider the pertinent facts on a case-by-case basis, with particular attention to confidentiality, disclosure risk and system design, say attorneys at Morgan Lewis.

  • Claiming The Narrative Before The SEC Files Charges

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    Following the U.S. Securities and Exchange Commission's recent rescission of its no-deny rule, Scott Schneider at FTI Consulting, a former U.S. Securities and Exchange Commission communications official, details when and how to publicly respond to news of a pending regulatory inquiry targeting your company.

  • 3 Rulings Show How Creditors Make Civil RICO Claims Stick

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    An Arizona federal court's recent decision concerning UniCredit Bank Austria is one of few in which creditors' claims against debtors for Racketeer Influenced and Corrupt Organizations Act violations have survived motions to dismiss, and these claims' substantial benefits make the rulings worth analyzing for guidance, says Brian Asher at Asher Research.

  • DOJ Activity Indicates Rising Antitrust Risk For Hospitals

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    Two civil actions filed by the U.S. Department of Justice against New York-Presbyterian Hospital and OhioHealth, both alleging that the hospital systems used their market power to stifle competition, highlight the government's growing scrutiny of barriers to lower-cost insurance options, say attorneys at Freshfields.

  • SEC Enforcement Has Continued Its Asset Management Focus

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    While the total number of U.S. Securities and Exchange Commission enforcement actions is down, certain novel theories of liability have been abandoned, and the SEC has embraced a back-to-basics posture, most of the regulatory risks for asset managers that existed in the prior commission have not gone away, say attorneys at Weil.

  • Advice For Responding To Minority Preservation Letters

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    Democratic lawmakers have recently issued document preservation letters to potential investigative targets, signaling that the minority party intends to advocate for accountability if it regains power, but there are several steps that can be taken to manage these demands and stay ahead of potential risks, say attorneys at Covington.

  • Series

    NY Times Word Puzzles Make Me A Better Lawyer

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    Every morning I let The New York Times humble me with word games, which offer a chance to recalibrate my brain before the day's chaos arrives and remind me that a solution — whether to a puzzle or employment law issue — almost always exists once I find the right angle, says Amy Epstein Gluck at Pierson Ferdinand.

  • How Anthropic's Mythos May Upend Defense Cyber Rules

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    Anthropic’s recent announcement that Claude Mythos, an AI general-purpose language model, could soon enable virtually anyone to exploit vulnerabilities in major web browsers and operating systems marks an imminent increase in threat levels that current defense cybersecurity regulations were not designed to navigate, say attorneys at Fluet.

  • Big Issues Linger After Senate Prediction Market Trading Ban

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    Whether the Senate can — or should — extend prediction market trading restrictions beyond itself will test not only the boundaries of insider trading law, but also the structural limits of legislative power in an era where information itself has become a tradable asset, say attorneys at Benesch.

  • Series

    Law School's Missed Lesson: Diagnose Before Arguing

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    Law school often skips over explicitly teaching students how to determine what kind of problem a case presents before they commit to a particular doctrinal path, which risks building arguments that are internally coherent but externally misaligned, says Melanie Oxhorn at Kobre & Kim.

  • Becoming The Biz-Savvy GC That Portfolio Companies Need

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    Candidates for general counsel roles at private equity-backed portfolio companies should prioritize proving their sector-specific experience, commercial judgment and ease with uncertainty — and attorneys hoping to be candidates in five to 10 years should start working on those skills now, says Dimitri Mastrocola at Major Lindsey.

  • AI Regulatory Gaps May Fuel FCA Enforcement Action

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    The intersection of artificial intelligence and False Claims Act enforcement presents legal risk for government contractors across several industries, particularly in the absence of a federal regulatory framework explicitly governing its development and use, say attorneys at O’Melveny.

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