White Collar

  • April 04, 2024

    Young Thug Can't DQ Prosecutor Over Questions To Witness

    An Atlanta judge on Thursday denied a motion to disqualify the lead prosecutor in the racketeering trial against rapper Young Thug and five others after weighing claims that she had made herself a witness, according to defense counsel.

  • April 04, 2024

    OCC's Hsu Floats Splitting Refund Costs For AI-Enabled Fraud

    Requiring banks and artificial intelligence platforms to share financial responsibility for reimbursing victims of AI-enabled payment fraud could help incentivize better anti-fraud controls, the Office of the Comptroller of the Currency's acting chief said Thursday.

  • April 04, 2024

    NC Tax Fraud Trial Evidence Bids Get Lukewarm Reception

    A North Carolina federal judge on Thursday seemed reluctant to limit certain evidence against two attorneys and an insurance agent in their upcoming tax fraud trial, saying some of it seemed pertinent to the government's quest to prove intent but suspected other information might be construed by jurors as "petty."

  • April 04, 2024

    Ex-CBP Agent Avoids Prison For Selling King Of Pop Signature

    A 75-year-old former border agent who pled guilty to selling a customs declaration form signed by late singer Michael Jackson ducked prison time Thursday when a federal judge in North Carolina instead sentenced him to a year of probation.

  • April 04, 2024

    Huawei Slated For 2026 Sanctions, IP Theft Trial

    A Brooklyn federal judge on Thursday set the trial of China's Huawei Technologies and affiliates for 2026, over prosecutors' claims that Huawei deceived banks and the U.S. government for years about its business dealings in sanctioned countries and conspired to steal intellectual property from U.S. companies.

  • April 04, 2024

    SEC Fines Adviser Senvest $6.5M In Texting Probe Case

    Investment adviser Senvest Management LLC has agreed to pay the U.S. Securities and Exchange Commission $6.5 million for its failure to hold on to certain electronic communications, the SEC said, expanding the list of settlements the agency has secured with firms in recent months over off-channel texting violations.

  • April 04, 2024

    Ohio Campaign Treasurer Takes Plea In Theft Case

    A prominent Republican campaign treasurer tendered a guilty plea Thursday in a case accusing him of stealing nearly $1 million from candidates over the last two decades, according to Ohio federal prosecutors and his attorney.

  • April 04, 2024

    Brett Favre Fights To Revive Miss. Defamation Suit In 5th Circ.

    Retired NFL quarterback Brett Favre is arguing to the Fifth Circuit that fellow Hall of Fame inductee Shannon Sharpe's broadcast comments about his alleged involvement with a huge Mississippi welfare fraud could not be excused as hyperbole, in an attempt to revive a defamation suit against Sharpe.

  • April 04, 2024

    8 Bronx Men Charged In Brazen 'Wild West' Beer Train Heists

    Eight men are charged with looting thousands of dollars' worth of beer from railyards and distribution sites throughout the Northeast in what prosecutors described as a "Wild West"-like crime spree over a two-year period in which the suspected ringleader is believed to have scouted members on Instagram touting promises of making "100k+ in a month."

  • April 04, 2024

    NY AG Wants Trump Insurer To Guarantee $175M Bond

    New York Attorney General Letitia James asked a Manhattan judge Thursday to make sure the California insurer that agreed to post Donald Trump's $175 million bond in his civil business fraud case can actually pay.

  • April 04, 2024

    Ex-NY Court Atty Found Guilty Of Official Misconduct

    A New York state jury on Thursday found a former appeals court attorney guilty of official misconduct for using her position to provide a legal opinion that helped her husband and his law firm secure a $55,000 payment from a new client.

  • April 04, 2024

    Real Estate Fraudster Wins 3rd Circ. Bid To Testify

    The real estate agent who helped ex-NFL player Irving Fryar in a scheme to defraud several banks out of $1 million in mortgages was wrongly denied the ability to testify on his own behalf at a hearing over alleged violations of his supervised release, the Third Circuit ruled in a precedential opinion Thursday.

  • April 04, 2024

    Feds Seek 63-Month Term For $8.6M Embezzlement Scheme

    Federal prosecutors asked a Georgia judge Thursday to hand down a 63-month prison term for a woman who was caught stealing more than $8.6 million from her employer, a scheme the government called "one of the most egregious employer embezzlement cases in recent memory."

  • April 04, 2024

    Ga. Says Listening to Atty-Client Calls Not Unconstitutional

    The state of Georgia has told the state's Supreme Court that prosecutors didn't trample on the Sixth Amendment rights of a man convicted of assault, because they didn't intentionally seek to listen to privileged phone calls between the man and his lawyer and because the phone calls weren't evidence at trial.

  • April 04, 2024

    Judge Won't Pause Dismissal Of $114M Discord Stock Case

    A Houston judge has denied a bid from federal prosecutors to pause the dismissal of an indictment that accused eight men of running a $114 million pump-and-dump stock scheme, writing that the government's argument for a stay largely rehashes the merits of dismissing the case and "is not particularly persuasive."

  • April 04, 2024

    Ghostwriting Undercut Bar Conflict Safeguards, Report Says

    The State Bar of California's former deputy executive director "violated the spirit and undermined the purpose of the Rule 2201 Program," according to a report the state bar commissioned investigating the former director's "ghostwriting" of reports connected to attorney discipline cases where conflicts arise, including one concerning embattled ex-attorney Tom Girardi.

  • April 04, 2024

    UK Billionaire Lewis Avoids Prison For Insider Trading

    A New York federal judge on Thursday sentenced British billionaire Joe Lewis to three years of probation for feeding his girlfriend and private-jet pilots nonpublic stock tips about his private equity firm's portfolio companies, saying a prison term would put the 87-year-old at "serious risk" of death.

  • April 04, 2024

    Trump Can't Duck Secret Doc Charges On Immunity Grounds

    The Florida federal judge overseeing the classified documents case against Donald Trump rejected his bid Thursday to dismiss the criminal indictment against him, saying the charges don't make any reference to the Presidential Records Act that the former president said grants him immunity.

  • April 04, 2024

    Feds Take $5.7M Worth Of Ore. Properties Used To Grow Pot

    Federal prosecutors in Oregon say they have finalized asset forfeiture proceedings against 14 properties, together worth $5.7 million, used to cultivate marijuana that was transported and sold in states where the drug remains illegal.

  • April 04, 2024

    Jeffrey Clark Violated Ethics Rules, Panel Says

    Former U.S. Department of Justice Attorney Jeffrey Clark violated professional conduct rules, a D.C. attorney ethics panel preliminarily found Thursday following a disciplinary hearing centered on Clark's alleged efforts to throw the Justice Department behind former President Donald Trump's election fraud narrative.

  • April 04, 2024

    CNN Sues DOJ For Biden's Special Counsel Interview Tapes

    CNN has hit the U.S. Department of Justice with an open-records suit seeking all audio and video recordings of President Joe Biden's five-hour interview with special counsel Robert Hur last October, saying in D.C. federal court Thursday that they "will help the public evaluate Hur's decision not to charge Biden and to close the investigation into classified documents found at Biden's former office and private residence."

  • April 04, 2024

    Chief In-House Counsel Indicted Over Fake Law Firm Invoices

    A former chief counsel and compliance officer was charged in Manhattan Wednesday with stealing more than $200,000 by submitting fake law firm invoices to his then-employer, human resources consulting firm Segal Co.

  • April 04, 2024

    Ex-IRS Agent Caused $42.5M In Tax Loss As Preparer, US Says

    A tax preparer who once worked for the Internal Revenue Service should be permanently barred from preparing federal returns because he caused an estimated $42.5 million in tax losses by scheming to underestimate his clients' liabilities, the government told a Washington federal court.

  • April 04, 2024

    Trump's Free Speech Challenge Rejected In Ga. Election Case

    A state court judge on Thursday refused to dismiss the indictment charging former President Donald Trump and his co-defendants in the Georgia election interference case on First Amendment grounds, saying the charges did not violate their constitutional right to free speech.

  • April 03, 2024

    2nd Circ. Told FIFA Bribery Convictions Rightly Nixed

    A former 21st Century Fox television executive and an Argentine sports marketing company told the Second Circuit that a lower court was right to toss their convictions related to the FIFA corruption scandal, contending that U.S. law does not reach foreign commercial bribery.

Expert Analysis

  • Preparing Law Students For A New, AI-Assisted Legal World

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    As artificial intelligence rapidly transforms the legal landscape, law schools must integrate technology and curricula that address AI’s innate challenges — from ethics to data security — to help students stay ahead of the curve, say Daniel Garrie at Law & Forensics, Ryan Abbott at JAMS and Karen Silverman at Cantellus Group.

  • SEC Fines Mean Cos. Should Review Anti-Whistleblower Docs

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    The Securities and Exchange Commission’s expanding focus on violations of whistleblower protection laws — as seen in recent settlements where company contracts forbade workers from reporting securities misconduct — means companies should review their employment and separation agreements for language that may discourage reporting, says Caroline Henry at Maynard Nexsen.

  • SolarWinds Ushers In New Era Of SEC Cyber Enforcement

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    The U.S. Securities and Exchange Commission's recent lawsuit against software company SolarWinds Corp. and its chief information security officer is the first time the SEC has ever filed suit over scienter-based fraud involving cybersecurity failures, illustrating that both companies and CISOs need to be extra cautious in how they describe their cybersecurity practices, say attorneys at Jenner & Block.

  • How Social Media Can Affect Trial Outcomes

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    With social media’s ability to seize upon an issue and spin it into a specifically designed narrative, it is more critical than ever that a litigation communications strategy be part of trial planning to manage the impact of legal action on a company's reputation, say Sean Murphy and Steve Wood at Courtroom Sciences.

  • General Counsel Need Data Literacy To Keep Up With AI

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    With the rise of accessible and powerful generative artificial intelligence solutions, it is imperative for general counsel to understand the use and application of data for myriad important activities, from evaluating the e-discovery process to monitoring compliance analytics and more, says Colin Levy at Malbek.

  • Young Thug Case Spotlights Debate Over Lyric Admissibility

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    A Georgia court’s recent ruling, allowing prosecutors to use some of rapper Young Thug’s lyrics in his conspiracy trial, captures the ongoing debate about whether rap lyrics are admissible, with courts often stretching the boundaries of the federal evidence rules, say Amy Buice at Smith Gambrell and Emily Ward at Continuum Legal Group.

  • Opinion

    Prosecutors Must Choose Wisely When Enforcing Rule Of Law

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    When considering charging a person for a crime, prosecutors must choose when to enforce the rule of law, and comparing the Donald Trump election case with the gun and drug charges against Hunter Biden can teach a lot about deciding which cases to pursue, says former Connecticut judge Thomas Moukawsher.

  • Navigating Discovery Of Generative AI Information

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    As generative artificial intelligence tools become increasingly ubiquitous, companies must make sure to preserve generative AI data when there is reasonable expectation of litigation, and to include transcripts in litigation hold notices, as they may be relevant to discovery requests, say Nick Peterson and Corey Hauser at Wiley.

  • Finding Focus: Strategies For Attorneys With ADHD

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    Given the prevalence of ADHD among attorneys, it is imperative that the legal community gain a better understanding of how ADHD affects well-being, and that resources and strategies exist for attorneys with this disability to manage their symptoms and achieve success, say Casey Dixon at Dixon Life Coaching and Krista Larson at Stinson.

  • A Look At DOJ's New Nationwide Investment Fraud Approach

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    Investment fraud charges are increasingly being brought in unlikely venues across the country, and the rationale behind the U.S. Department of Justice's approach could well be the heightened legal standards in connection with prosecuting investment fraud, says Jonathan Porter at Husch Blackwell.

  • AI Use May Trigger False Claims Act's Public Disclosure Bar

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    The likely use of publicly available artificial intelligence tools to detect government fraud by combing through large data sets will raise complex questions about a False Claims Act provision that prohibits the filing of claims based on previously disclosed information, say Nick Peterson and Spencer Brooks at Wiley Rein.

  • How 'Safe Harbor' Policy Will Modify M&A Processes

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    Legal practitioners should be aware that the Justice Department's "safe harbor" immunity will change the typical M&A process significantly as acquirers start embedding fraud detection into their due diligence, including a broader scope of examinations and interviews, says Jesse Silvertown at The Ledge.

  • What To Do If Your Client Is Under Congressional Investigation

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    Recent criminal contempt cases against Peter Navarro and Steve Bannon show that there are real consequences for refusing to cooperate with congressional investigations, but attorneys can successfully limit their clients’ exposure by negotiating their obligations and asserting key privileges, say attorneys at Crowell & Moring.

  • Takeaways From Iran Missile Procurement Advisory

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    Companies should familiarize themselves with the entities and practices highlighted in the recent multiagency Iran Ballistic Missile Procurement Advisory, to avoid falling prey to deceptive practices that help bad actors evade sanctions, say attorneys at DLA Piper.

  • New CFTC Enforcement Policy May Finally Deter Recidivists

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    The U.S. Commodity Futures Trading Commission’s recently announced policies designed to crack down on market misconduct recidivists may finally raise the stakes enough to motivate institutions to improve their compliance infrastructure, say Dan Chirlin and Marc Armas at Walden Macht.

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