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White Collar
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May 12, 2025
Tribal Co. Hit With Class Suit Over High Interest Rates
Bright Lending was hit Friday with a proposed racketeering class action in Florida, claiming the online payday lender charges illegal interest rates on short-term loans and hides behind a Native American tribe in Montana to escape legal claims.
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May 12, 2025
Deny 'ComEd Four' A 'Third Bite' At Posttrial Apple, Feds Urge
Prosecutors are asking an Illinois federal judge to disregard a former Commonwealth Edison CEO and three lobbyists' bid to use a recent U.S. Supreme Court ruling to try again to unwind their bribery convictions, arguing their motion is untimely and ignores the inapplicability of the high court's ruling, the jury instructions and "overwhelming evidence" proving their guilt.
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May 12, 2025
Ex-Trump Attys Can't Dodge Jan. 6 In Ethics Case, Panel Told
The Michigan Attorney Grievance Commission has told a disciplinary panel the events of Jan. 6, 2021, should be open for discussion at a hearing for attorneys accused of violating ethics rules by filing a challenge to the state's 2020 election results, despite commissioners having no plans to elicit testimony about the protests.
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May 12, 2025
Leon Black's Subpoena Suits Unsealed In Apollo Founder Row
A New York state judge Monday revealed details in former Apollo Global Management CEO Leon Black's ongoing arbitration battle with co-founder-turned-nemesis Josh Harris, as the court unsealed three related subpoena enforcement suits.
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May 12, 2025
Colo. Justices Undo DA's DQ From Judicial Stalking Case
The Colorado Supreme Court on Monday said a lower court erred in disqualifying a district attorney's office from prosecuting criminal claims against someone accused of stalking a trial court judge, finding the office's alleged conflicts of interest amounted to routine actions amid the normal course of business.
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May 12, 2025
Wiretap Evidence Allowed In $200M Forced Labor Case
A Georgia federal judge has accepted a magistrate judge's recommendation that wiretap evidence be allowed into the prosecution of an alleged $200 million international forced labor scheme.
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May 12, 2025
Okla. Lawmaker Seeks Override Of Veto On Tribal Bill
A Democratic Oklahoma state representative is looking to win a legislative override of Republican Gov. Kevin Stitt's veto of a bill that would have provided state money to fund investigations of missing and murdered Indigenous people, the lawmaker's office said Monday.
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May 12, 2025
Meet The Attys Defending NJ Mayor In ICE Facility Case
One of New Jersey's most high-powered criminal defense attorneys is among a trio of litigators defending Newark Mayor Ras Baraka against charges related to his arrest last week at an Immigration and Customs Enforcement detention center in the city.
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May 12, 2025
Texas Judge Suspended Over Vote Harvesting Indictment
A Texas county judge was suspended without pay Monday by the state's judicial disciplinary body in connection with a felony indictment charging her with taking part in a vote harvesting scheme related to the 2022 election.
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May 12, 2025
Texas Rep. Cuellar Argues He's Immune From Bribery Charges
U.S. Rep. Henry Cuellar, D-Texas, on Friday moved to dismiss a 14-count indictment accusing him of accepting bribes in exchange for political favors, arguing it violates the immunity representatives are afforded under the Constitution's speech and debate clause.
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May 12, 2025
Ex-EDNY US Atty Breon Peace Returns To Cleary Gottlieb
Cleary Gottlieb Steen & Hamilton LLP announced Monday that the former U.S. attorney for the Eastern District of New York has rejoined the firm to co-lead its litigation group and enhance its capacity to handle white collar cases, commercial litigation and other matters.
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May 12, 2025
Hogan Lovells Lands White Collar DC Atty From Squire Patton
A former chief of the U.S. Department of Justice's litigation unit for the criminal fraud section has joined Hogan Lovells as a partner in the investigations, white collar and fraud practice in Washington, D.C., the firm announced Monday.
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May 12, 2025
Diddy Abuse Case About 'Private' Sex Life, Atty Tells Jury
Sean "Diddy" Combs is a "complicated man" whose allegedly violent sexual relationships involved "voluntary adult choices," a lawyer for the hip-hop icon told a Manhattan federal jury Monday at the start of a trial on sex-trafficking charges that could put him in prison for life.
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May 12, 2025
Calif. Investment Firm Executive To Admit Ponzi Scheme
A California investment fund executive will plead guilty to charges of running a $35 million Ponzi scheme for his personal enrichment, after he was apprehended while fleeing the FBI in a lake using a "sea scooter."
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May 09, 2025
Diddy Wasn't Targeted Due To His Race, NY Judge Rules
A New York federal judge refused Friday to toss charges against Sean "Diddy" Combs, rejecting the hip-hop mogul's contention that federal prosecutors targeted him in a racketeering and sex trafficking suit for being Black.
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May 09, 2025
Ex-Meinl Bank CEO Extradited To US On $170M Odebrecht Rap
The former CEO of Austrian lender Meinl Bank AG was extradited from the U.K. and pled not guilty Friday to money laundering charges, stemming from allegations that he helped Odebrecht SA hide $170 million in funds used to bribe officials around the world and defraud the Brazilian government.
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May 09, 2025
Feds Rebut Disclosure Delay Claims In Crypto Mixer Case
Federal prosecutors on Friday fired back at claims they suppressed evidence from the indicted co-founder of crypto mixing service Samourai Wallet, arguing they went beyond what was required when they recently disclosed an "informal conversation" where Treasury employees cast doubt on one of the subsequent charges.
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May 09, 2025
National Report Exposes Gaps In Missing Minority Cases
A growing number of minority groups, including Indigenous and Black people, have gone missing and remain unaccounted for around the United States, and systemic disparities contribute to the failure of law enforcement to track and resolve cases, a new report said.
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May 09, 2025
NYC Deed Theft Schemer Convicted On 18 Counts
The final of five co-conspirators accused of running a deed theft ring that stole three properties worth $1 million from elderly homeowners was convicted by a Queens jury, New York Attorney General Letitia James announced on Friday.
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May 09, 2025
Feds Put Heat On Foreign Data Transfers With Sweeping Rules
The U.S. Department of Justice's unexpected guidance and brief enforcement reprieve on a national data security program intended to curb foreign access to Americans' sensitive data has handed companies some welcome breathing room, but the strong interest that federal enforcers have shown in the topic means that businesses can't afford to delay compliance efforts.
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May 09, 2025
SEC's Crypto Retreat Warrants Court Scrutiny, Crenshaw Says
The U.S. Securities and Exchange Commission's lone Democratic member called on courts to "take a long hard look" at the agency's reversals in crypto enforcement matters in a scathing dissent of the agency's settlement with blockchain firm Ripple Labs, which she argued "undermines" earlier court decisions in the case.
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May 09, 2025
Terraform Labs Backer Can't Ship Fraud Suit To Arbitration
An early backer of failed crypto platform Terraform Labs cannot escape a lawsuit accusing it of propping up the company's fraud by sending the case to arbitration, with an Illinois federal judge ruling that the investor was not a signatory to a contract signed by users of the platform.
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May 09, 2025
'Proud' Judge Says No Prison For $1.3B Tax Fraud Witnesses
A Georgia federal judge handed down a pair of what he called "stunningly lenient" no-prison sentences Friday to two brothers who served as key cooperating witnesses in a first-of-its-kind federal case against a sprawling, $1.3 billion tax fraud scheme.
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May 09, 2025
From Fox News To DOJ: This Is The Next Interim DC US Atty
Former Fox News host and judge Jeanine Pirro will soon take the helm of the U.S. Attorney's Office for the District of Columbia after more than a decade at the network where she was a figure in high-profile defamation cases.
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May 09, 2025
Fla. Money Dealer Gets 42 Months In Jail For $350M Scheme
A Florida man accused of funneling $350 million to the United States in order to circumvent foreign currency restrictions in Argentina was sentenced in federal court to 42 months in prison Friday after pleading guilty to a count of running an unlicensed money service business.
Expert Analysis
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AI Will Soon Transform The E-Discovery Industrial Complex
Todd Itami at Covington discusses how generative artificial intelligence will reshape the current e-discovery paradigm, replacing the blunt instrument of data handling with a laser scalpel of fully integrated enterprise solutions — after first making e-discovery processes technically and legally harder.
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Managing Transatlantic Antitrust Investigations And Litigation
As transatlantic competition regulators cooperate more closely and European antitrust investigations increasingly spark follow-up civil suits in the U.S., companies must understand how to simultaneously juggle high-stakes multigovernment investigations and manage the risks of expensive new claims across jurisdictions, say lawyers at Paul Weiss.
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Cos. Must Prepare For Heightened Trade Enforcement Risks
Recent trade enforcement cases — including criminal prosecutions for tariff evasion — as well as statements from the Trump administration make it clear that companies must assess their risk profiles, review compliance programs and communication policies, and consider protocols for responding to subpoenas, say attorneys at Miller & Chevalier.
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When Innovation Overwhelms The Rule Of Law
In an era where technology is rapidly evolving and artificial intelligence is seemingly everywhere, it’s worth asking if the law — both substantive precedent and procedural rules — can keep up with the light speed of innovation, says Reuben Guttman at Guttman Buschner.
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Engaging With Feds On Threats To Executives, Employees
In an increasingly polarized environment, where companies face serious concerns about how to protect executives and employees, counsel should consider working with federal law enforcement soon after the discovery of threats or harassment, says Jordan Estes at Gibson Dunn.
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The Tides Are Changing For Fair Access Banking Laws
The landscape of fair access banking laws, which seek to prevent banks from denying services based on individuals' ideological beliefs, has shifted in the last few years, but a new presidential administration provides renewed momentum for advancing such legislation against the backdrop of state efforts, say attorneys at Latham.
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Imagine The Possibilities Of Openly Autistic Lawyering
Andi Mazingo at Lumen Law, who was diagnosed with autism about midway through her career, discusses how the legal profession can create inclusive workplaces that empower openly autistic lawyers and enhance innovation, and how neurodivergent attorneys can navigate the challenges and opportunities that come with disclosing one’s diagnosis.
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A Halftime Analysis Of DOJ's Compensation Pilot Program
The U.S. Department of Justice appears to consider the first half of its three-year pilot program on compensation incentives and clawbacks to be proceeding successfully, so companies should expect prosecutors to emphasize the program and other compliance-related considerations early in investigations, say attorneys at Debevoise.
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Opinion
Courts Should Nix Conferencing Rule In 1 Discovery Scenario
Parties are generally required to meet and confer to resolve a discovery dispute before bringing a related motion, but courts should dispense with this conferencing requirement when a party fails to specify a time by which it will complete its production, says Tristan Ellis at Shanies Law.
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Perspectives
How High Court May Rule In First Step Act Resentencing Case
U.S. Supreme Court justices grappled with verb tenses and statutory intent in recent oral arguments in Hewitt v. U.S., a case involving an anomalous resentencing issue under the First Step Act, and though they may hold that the statute is unambiguous, they could also decide the case on narrow, practical grounds, say attorneys at Bracewell.
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Series
Documentary Filmmaking Makes Me A Better Lawyer
Becoming a documentary filmmaker has allowed me to merge my legal expertise with my passion for storytelling, and has helped me to hone negotiation, critical thinking and problem-solving skills that are important to both endeavors, says Robert Darwell at Sheppard Mullin.
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Litigation Funding Disclosure Debate: Strategy Considerations
In the ongoing debate over whether courts should require disclosure of litigation funding, funders and plaintiffs tend to argue against such mandates, but voluntarily disclosing limited details about a funding arrangement can actually confer certain benefits to plaintiffs in some scenarios, say Andrew Stulce and Marc Cavan at Longford Capital.
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2025 May Be A Breakout Year For The Cannabis Industry
The cannabis industry faced a slow and frustrating 2024, but consumer trends continue to shift in favor of cannabis, and the new administration may provide the catalyst that the industry needs, says Lynn Gefen at TerrAscend.
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Understanding Risks Of Celebrities 'Hawking' Crypto Tokens
Prominent social media personality Haliey Welch was recently sued over the promotion and sale of the Hawk Tuah cryptocurrency memecoin, underscoring the importance of public figures conducting due diligence to verify they aren't endorsing a token that is in fact a security, say attorneys at Sheppard Mullin.
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Opinion
Firing Of Jack Smith's Team Is A Threat To Rule Of Law
The acting attorney general’s justifications for firing prosecutors who worked on the criminal cases against President Donald Trump rest on a mischaracterization of legal norms, and this likely illegal move augurs poorly for the rule of law, say Bruce Green at Fordham University and Rebecca Roiphe at New York Law School.