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White Collar
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January 23, 2026
Ex-Mass. Pol's Sister Cops To Obstructing Benefit Fraud Case
The sister of a former Massachusetts state senator pled guilty to attempting to interfere in a grand jury investigation into the politician's allegedly fraudulent collection of unemployment benefits, federal prosecutors announced Friday.
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January 22, 2026
Pizzeria Owner Can't Beat 8-Year Sentence For Forced Labor
The First Circuit on Wednesday refused to vacate a Boston-area pizzeria chain owner's forced labor convictions and an 8½-year prison sentence, finding adequate evidence to back the jury's findings and no error in how the court calculated his sentence.
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January 22, 2026
Mango Labs' 'Buyer's Remorse' Can't Undo SEC Settlement
Crypto project Mango Labs can't cancel the terms of a nearly $700,000 settlement with the U.S. Securities and Exchange Commission just because the agency has pivoted away from crypto enforcement cases and left the project with "buyer's remorse," a Manhattan federal judge ruled.
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January 22, 2026
SEC Gets $900K Judgments In Bitcoin Miner CEO's Fraud Suit
The family and ex-wife of a former bitcoin miner CEO will pay the U.S. Securities and Exchange Commission nearly $900,000 to exit the regulator's claims the CEO misappropriated $48.5 million from investors.
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January 22, 2026
Payday Lender Tells 2nd Circ. Atty's Conflict Marred Trial
A former payday lending executive and race car driver convicted of running a fraudulent $2 billion lending scheme urged the Second Circuit on Thursday to grant him a new trial, in light of his trial counsel's criminal exposure stemming from another client's blackmail scheme.
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January 22, 2026
Goldstein Prosecutors Unveil Conflicting Cash Source Claims
A former lawyer at SCOTUSblog founder Thomas Goldstein's firm said Thursday that Goldstein told coworkers that the more than $960,000 in cash he brought off a flight from Hong Kong — the source of which is integral to the government's case — had come from a client.
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January 22, 2026
SEC Approves Cuts To PCAOB Budget, Board Member Salaries
The U.S. Securities and Exchange Commission on Thursday approved a 2026 budget for the Public Company Accounting Oversight Board that includes a 9.4% decrease overall from the prior year and cuts upward of 42% for board members' compensation.
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January 22, 2026
Docs Ask NJ Justices To Send Allstate RICO Case To Arbitration
Medical providers facing a racketeering suit from Allstate units pressed the New Jersey Supreme Court on Thursday to compel the insurers to arbitrate even large-scale fraud and racketeering claims tied to personal injury protection benefits under the state's no-fault statute, as the justices questioned whether that was feasible.
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January 22, 2026
DOJ's Revival Of Mediation Agency Doesn't End Suit Yet
Community organizations told a Massachusetts federal judge Thursday they are planning to continue fighting what they alleged was the dismantling of a small racial-justice mediation agency within the U.S. Department of Justice, even as the agency's employees have been called back to work, saying it is still not clear if services have been restored.
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January 22, 2026
Calif. Couple Charged With $100M Stock Manipulation Scheme
A married couple in California has been indicted by a federal grand jury for charges related to their alleged involvement in a securities fraud and money laundering scheme involving falsely promoting and dumping shares of several public companies, including a purported rooftop solar business and a crypto mining firm, according to prosecutors.
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January 22, 2026
Proposed Subpoena Rule Change Raises Victim Privacy Fears
A proposal to loosen restrictions on the use of federal criminal subpoenas would endanger and further traumatize victims of crime, most of whom lack legal representation to fight the invasive demands, victims' rights advocates told a federal rules advisory committee on Thursday.
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January 22, 2026
Trump Calls For Prosecution Of Jack Smith Post-Hearing
Shortly after former special counsel Jack Smith gave his first public congressional testimony on the Trump cases, in which he warned the rule of law should not be taken for granted, President Donald Trump said he should be prosecuted.
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January 22, 2026
Designer Akris Settles FCA Claim Over Pandemic Loan
The U.S. subsidiary of Swiss designer Akris AG has agreed to pay $1.8 million to settle a False Claims Act complaint alleging the company improperly obtained a pandemic relief loan for which it was not eligible, the U.S. attorney's office in Boston announced Thursday.
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January 22, 2026
Judge Severs Tax Charges From Ex-Rep's Foreign Agent Case
A former Florida congressman will get to contest tax charges against him separately from a criminal indictment alleging he and a political consultant failed to register as foreign agents while lobbying on behalf of Venezuela's state oil company, a federal judge ruled.
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January 22, 2026
Sentencing Judge Blasts Ex-Mars Exec's 'Entitlement'
A former Mars Inc. risk executive was sentenced on Thursday to 63 months in prison and ordered to pay the candy company more than $28.4 million in restitution after pleading guilty to two counts of wire fraud and one count of tax evasion surrounding a decadelong fraud scheme.
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January 22, 2026
10th Amtrak Worker Cops To Role In $11M Fraud Scheme
A former Amtrak employee has admitted to participating in a scheme that prosecutors claim defrauded the rail carrier out of $11 million in health benefits, making him the 10th defendant in a year to plead guilty in the case, the U.S. attorney's office in New Jersey said on Thursday.
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January 22, 2026
Feds Won't Retry Landmark OpenSea NFT Fraud Case
Federal prosecutors won't retry their fraud claims against the former OpenSea manager accused of insider trading on his employer's nonfungible token platform, walking away from the case after the Second Circuit overturned the conviction last July.
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January 22, 2026
Ga. Financial Firm CEO Cops To $380M Ponzi Scheme
The CEO of an Atlanta-area financial advisory group has pled guilty to conducting a $380 million Ponzi scheme, which is likely the largest in Georgia history, according to prosecutors.
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January 22, 2026
Marketers Who Sold Fraudulent StraightPath Funds Plead Out
Two New York men who hawked pre-initial public offering shares for fraud-ridden vendor StraightPath from "boiler room" sales floors pled guilty Thursday to fraud charges, after Manhattan federal prosecutors charged them with raising $185 million by duping customers.
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January 22, 2026
Agency Not Covered For Injury Suit Over Fraud, Carrier Says
A construction policy insurer agency and its owner aren't owed coverage for an underlying personal injury lawsuit, its professional liability carrier told a New York federal court, alleging a third-party lawsuit accusing the owner of fraud and misappropriating insurance funds triggered an exclusion in its professional liability policy.
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January 21, 2026
Holmes Seeks Trump Clemency For Theranos Fraud Sentence
Former Theranos CEO Elizabeth Holmes has asked President Donald Trump to commute an 11-year prison sentence she's been serving for defrauding investors with bogus blood-testing technology, according to the U.S. Department of Justice's Office of the Pardon Attorney.
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January 21, 2026
Lawyer Testifies Goldstein Dodged $500K Poker Repayment
A former employee at Thomas Goldstein's law firm recounted in court Wednesday that a U.S. Internal Revenue Service levy was placed on the SCOTUSblog founder's accounts, while a lawyer at another firm said Goldstein dodged repaying him for money invested in his poker-playing exploits.
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January 21, 2026
'Out Of Control': Coach Says He Placed Bets For Ex-MLB Star
A baseball coach who placed illegal sports wagers for former MLB star Yasiel Puig took the stand Wednesday in the player's obstruction of justice trial, telling a California federal jury that Puig's gambling got "out of control" and that the coach feared repercussions from bookies after Puig didn't pay his debts.
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January 21, 2026
Ex-TD Bank Worker Cops To Taking Money Laundering Bribes
A former New Jersey-based TD Bank NA employee pled guilty on Wednesday to accepting bribes and leveraging his position to facilitate the movement of over $26 million to Colombia through TD Bank accounts.
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January 21, 2026
Gambler Gets 2 Years For NBA Bet-Rigging Scheme
A self-described compulsive gambler was sentenced in Brooklyn federal court Wednesday to two years in prison for conspiring with a now-former NBA player and others to place rigged bets on his performance with knowledge that the Toronto Raptors center and power forward would be taking a dive.
Expert Analysis
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Series
Muay Thai Makes Me A Better Lawyer
Muay Thai kickboxing has taught me that in order to win, one must stick to one's game plan and adapt under pressure, just as when facing challenges by opposing counsel or judges, says Mark Schork at Feldman Shepherd.
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Series
Law School's Missed Lessons: Intentional Career-Building
A successful legal career is built through intention: understanding expectations, assessing strengths honestly and proactively seeking opportunities to grow and cultivating relationships that support your development, say Erika Drous and Hillary Mann at Morrison Foerster.
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Citgo Ruling Offers Award Enforcement Road Map
A recent opinion from the Delaware federal court approving a $5.892 billion bid for Citgo Petroleum shares brings the long-running enforcement of the Crystallex arbitration award against Venezuela closer to resolution and offers crucial lessons for creditors pursuing sovereign debt, says Vitaly Morozov at Pierson Ferdinand.
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2nd Circ. Ruling Shows Procedural Perils Of Civil Forfeiture
The Second Circuit’s recent U.S. v. Ross decision, partially denying the return of an attorney's seized funds based on rigid standing requirements, underscores the unforgiving technical complexities of civil asset forfeiture law, and provides several lessons for practitioners, says Elisha Kobre at Sheppard Mullin.
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Preparing For Congressional Investigations In A Midterm Year
2026 will be a consequential year for congressional oversight as the upcoming midterm elections may yield bolder investigations and more aggressive state attorneys general coalitions, so companies should consider adopting risk management measures to get ahead of potential changes, say attorneys at Morgan Lewis.
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3 Securities Litigation Trends To Watch In 2026
Pending federal appellate cases suggest that 2026 will be a significant year for securities litigation, with long-standing debates about class certification, new questions about the risks and value of artificial intelligence features, and private plaintiffs' growing role in cryptocurrency enforcement likely to be major themes, say attorneys at Willkie.
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Funding Haze And Deregulatory Pursuits: The CFPB In 2026
In 2025, the Consumer Financial Protection Bureau did not seek additional funding from the Federal Reserve and unwound the legacy of former bureau leadership, and this year will bring further efforts to rescind or rewrite bureau regulations, as well as a changed tone to supervision efforts, say attorneys at Covington.
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4 Developments That Defined The 2025 Ethics Landscape
The legal profession spent 2025 at the edge of its ethical comfort zone as courts, firms and regulators confronted how fast-moving technologies and new business models collide with long-standing professional duties, signaling that the profession is entering a period of sustained disruption that will continue into 2026, says Hilary Gerzhoy at HWG Law.
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Navigating AI In The Legal Industry
As artificial intelligence becomes an increasingly integral part of legal practice, Law360 guest commentary this year examined evolving ethical obligations, how the plaintiffs bar is using AI to level the playing field against corporate defense teams, and the attendant risks of adoption.
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2025 Calif. Banking Oversight Centered On Consumer Issues
The combination of statutory reform, registration mandates and enforcement activity in 2025 signals that California's financial regulatory landscape is focused on consumer protection, particularly in the areas of crypto kiosk fee practices, earned wage access providers and elder fraud, say attorneys at Ropes & Gray.
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The Major Securities Litigation Rulings And Trends Of 2025
The past 12 months saw increased regulator focus on disclosures concerning artificial intelligence, signs of growing judicial scrutiny at the class certification stage, and shifting regulatory priorities at the U.S. Securities and Exchange Commission — all major developments that may significantly affect securities litigation strategy in 2026 and beyond, say attorneys at Debevoise.
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Sports Gambling Scrutiny Expands Risks For Teams, Leagues
The Minnesota attorney general recently sent warning letters to 14 website operators for offering what the state considers illegal online gambling, demonstrating why the sports industry, including teams and leagues, should ask critical questions about organizational compliance, internal controls and potential criminal liability, say attorneys at Stinson.
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The CFTC's Road Ahead Under Newly Confirmed Chair
Michael Selig's Dec. 18 confirmation as U.S. Commodity Futures Trading Commission chair comes at a critical juncture, as the agency is poised to gain oversight over the crypto industry and increase its jurisdictional mandate covering prediction markets, says Elizabeth Lan Davis at Davis Wright.
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How Fractional GCs Can Manage Risks Of Engagement
As more organizations eliminate their in-house legal departments in favor of outsourcing legal work, fractional general counsel roles offer practitioners an engaging and flexible way to practice at a high level, but they can also present legal, ethical and operational risks that must be proactively managed, say attorneys at Boies Schiller.
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Changes In Crypto, Cybersecurity Defined NY Banking In 2025
The major takeaways from 2025 in New York banking policy involve updated guidance, regulations and requirements primarily affecting innovation and digital banking, in areas such as cybersecurity, virtual currencies, and buy now, pay later programs, say attorneys at Steptoe.