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White Collar

  • June 19, 2019

    Wife Of Slain Burr & Forman Partner Arrested For Murder

    Authorities say they have arrested the wife of the founding partner of the Atlanta office of Burr & Forman LLP, accusing the woman of murdering her husband last year.

  • June 19, 2019

    Thailand Hotelier Got Fraud Funds Via Coinbase, Feds Say

    A Swedish hotel owner based in Thailand has been arrested on charges of running a multimillion-dollar online investment scam and laundering funds through Liberty Reserve, a defunct payment platform whose founder is in prison, and popular cryptocurrency exchange Coinbase, prosecutors announced on Wednesday.

  • June 19, 2019

    Regulatory Inaction Will Drive Crypto Cos. Abroad, Rep. Says

    Facebook’s decision to base its planned cryptocurrency in Switzerland rather than the U.S. could be the start of a bigger trend if Congress keeps stalling on legislation, an Ohio representative who co-authored a bill that seeks to exclude digital tokens from the statutory definition of a security said during a House hearing Wednesday.

  • June 19, 2019

    Huawei Judge Will Hear Sidley Atty DQ Bid In Fall

    A New York federal judge on Wednesday set a September date to hear arguments over whether to disqualify a former U.S. deputy attorney general turned Sidley Austin LLP partner from representing Huawei Technologies Co. Ltd. in its fight against charges including bank fraud and sanctions violations.

  • June 19, 2019

    Ill. Health Care Co. Exec Pleads Guilty To Medicare Fraud

    The president of a health care company admitted to an Illinois federal judge Wednesday that he is guilty of billing the government for Medicare-covered services that some of his patients did not need.

  • June 19, 2019

    NJ Disbars Pa. Atty Who Took On Clients While Suspended

    The Supreme Court of New Jersey disbarred a Pennsylvania attorney accused of practicing law in his home state on a suspended license, ruling Wednesday that he was no longer welcome to practice in the Garden State, either.

  • June 19, 2019

    Conspiracy To Bribe Haitian Officials Was Explicit, Jury Hears

    Recorded conversations involving two men who were pursuing an $84 million port project in Haiti offer clear evidence that they intended to bribe government officials in exchange for approvals, a prosecutor told jurors in Massachusetts federal court Wednesday as a seven-day trial concluded.

  • June 19, 2019

    Feds Say HSBC Holding Out On Key Docs In FIRREA Case

    A Brooklyn federal prosecutor asked a judge on Tuesday to compel HSBC to comply with a year-old subpoena in a civil fraud case against a former Deutsche Bank trader over the financial crisis, saying the government needs the files to prove its case under the Financial Institutions Reform, Recovery, and Enforcement Act.

  • June 19, 2019

    Deputy Solicitor General Calls It Quits After 30-Year Run

    U.S. Deputy Solicitor General Michael Dreeben, a U.S. Supreme Court lawyer considered one of the foremost criminal law experts in the country, is leaving the government after a three-decade run that included more than 100 arguments before the justices, U.S. Solicitor General Noel Francisco said Wednesday.

  • June 19, 2019

    Contractors' Ex-CEO Altered Letters To Gain Gov't Perks

    A former executive for two U.S. Department of Defense contractors has pled guilty in Florida federal court to altering documents that gave him and his employees access to free government benefits while in Afghanistan, the U.S. Department of Justice said.

  • June 19, 2019

    Texas AG Fraud Case In Limbo After Prosecutor Pay Ruling

    The prosecutors in a felony securities fraud case against the Texas attorney general couldn't convince a Texas appeals court to reconsider its ruling that they can't be paid $300 an hour for their work, leaving observers to wonder whether they will make good on a threat to withdraw from the case.

  • June 19, 2019

    Ex-Alaska Telecom Exec Gets 5 Years For $270M Scheme

    A Manhattan federal judge sentenced a former CEO of telecom company Quintillion Networks LLC to five years behind bars Wednesday for forging contracts in order to trick funders into investing $270 million to build a fiber optic data network in Alaska.

  • June 19, 2019

    Traders' Euribor Messages Were 'Inappropriate,' Jury Told

    The former head of global trading at Deutsche Bank told a London jury on Wednesday it was "inappropriate" for traders at the bank to ask colleagues working on its cash desk to influence a key interest rate benchmark.

  • June 19, 2019

    Danske Bank, Ex-Execs Want Suit Over Estonia Scandal Axed

    Danske Bank and its former leadership fired back at an investor suit on Tuesday, saying the European money-laundering scandal miring the Danish bank has little to do with securities and nothing to do with fraud.

  • June 18, 2019

    Trump Urges 2nd Circ. To Freeze Financial Record Subpeonas

    President Donald Trump on Tuesday urged the Second Circuit to block congressional subpoenas that seek a vast array of financial records from Deutsche Bank and Capital One, saying the records are being sought for illegitimate, political purposes.

  • June 18, 2019

    Universities Hit With New 'Varsity Blues' Class Action

    More than two dozen rejected college applicants have filed a proposed class action in California federal court against the mastermind of the "Varsity Blues" admissions cheating scandal and eight universities tied to the headline grabbing case, claiming they were unfairly denied freshman spots while others bribed their way in.

  • June 18, 2019

    Calif. Green Energy Co. To Pay $7.7M To SEC For False Claims

    The U.S. Securities and Exchange Commission reached an agreement Tuesday with a San Diego-based green energy company to settle allegations its higher-ups conjured a rosy financial picture to hide tepid results.

  • June 18, 2019

    Dershowitz Can Pursue Bid To DQ Boies Schiller In Sex Case

    The New York federal judge who initially refused to hear Alan Dershowitz's request to disqualify Boies Schiller Flexner LLP from representing a woman accusing the prominent attorney and retired Harvard Law School professor of sexually molesting her said on Monday that she would consider it.

  • June 18, 2019

    Avenatti To Face Fall Trial In $20M Nike Extortion Case

    A New York federal judge on Tuesday set a November trial date for embattled attorney Michael Avenatti over allegations he tried to extort more than $20 million from Nike Inc. in exchange for keeping quiet about claims of employee misconduct at the sportswear company.

  • June 18, 2019

    Feds Tell 2nd Circ. McDonnell Can't Save Skelos This Time

    Prosecutors urged the Second Circuit not to disturb the corruption convictions of former New York lawmaker Dean Skelos and his son Adam at a retrial last year, saying that unlike after their first trial, the U.S. Supreme Court's McDonnell ruling can't help them.

  • June 18, 2019

    Suspect Says US Can’t Charge Him With $2B Fraud In Africa

    A Lebanese salesman told a New York federal judge that the U.S. government has yet to show how it is related with $2 billion in allegedly fraudulent loans backed by the government of Mozambique.

  • June 18, 2019

    Feds' Denial On SEC Coordination Doesn't Impress Judge

    A Manhattan federal judge was unimpressed with one prosecutor's word that he did not use the U.S. Securities and Exchange Commission to gather criminal evidence against hedge fund co-founder Jason Rhodes, saying Tuesday he wants a full account of coordination between the civil agency and the criminal trial team.

  • June 18, 2019

    Antitrust Watchdog Accuses Drug Suppliers Of Market Fixing

    Four pharmaceutical companies broke U.K. competition law when they agreed to fix the quantities and prices of the supply of an antidepressant drug, which caused the National Health Service's spending on the tablets to peak to £38 million ($47.7 million), Britain's antitrust regulator said Tuesday.

  • June 17, 2019

    NJ Atty Accused Of Bringing Loaded Gun To Courthouse

    A New Jersey attorney was arrested Monday after he allegedly attempted to enter a courthouse with a loaded handgun in his briefcase — and without a permit to carry a firearm — according to county officials.

  • June 17, 2019

    Pa. 'Fountain Of Youth' Doc Convicted In $13M Billing Scheme

    A Pittsburgh federal jury convicted a cardiologist Friday on two fraud counts linked to some $13 million in alleged fraudulent insurance billings for an angina treatment that he expanded to a nonangina patient pool and advertised as a "fountain of youth."

Expert Analysis

  • Keys To Communicating A Law Firm's Mission

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    Today’s law firm leaders are pretty good at developing a strategic vision for the enterprise, but there is often a disconnect between that road map and the marketing department’s rank and file, leading to a deliverable that does little to differentiate the firm, says José Cunningham, a legal industry consultant.

  • High Court Remains Supportive Of Tribal Treaty Rights

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    The U.S. Supreme Court's decision Monday in Herrera v. Wyoming demonstrates the continuing vitality of Indian treaties and may ignite other tribes' efforts to define the scope of their treaty-reserved hunting and gathering rights outside of their reservations, says Rob Roy Smith of Kilpatrick Townsend.

  • Tips For Using DOJ Guidance In A Compliance Program

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    The U.S. Department of Justice's new corporate compliance guidance includes useful questions but should not be used simply as a checklist in assessing a compliance program — the real key is understanding the purpose behind the questions, say Hui Chen, author of the DOJ's 2017 compliance guidance, and Pam Davis, a former DOJ corporate monitor.

  • US Cos. With Foreign Affiliates Should Note OFAC Settlement

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    A recent sanctions violation settlement between the U.S. Treasury Department's Office of Foreign Assets Control and Stanley Black & Decker and its Chinese subsidiary sets out compliance commitments that U.S. companies with foreign affiliates should use as guidance, say Nevena Simidjiyska and Michelle Rosenberg of Fox Rothschild.

  • Opinion

    How Lawyers Can Help Save The Planet

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    Over a dozen major law firms have joined our effort to overcome the legal obstacles that states, cities and businesses face in fighting climate change. But more lawyers are needed, say Michael Gerrard of Columbia Law School and John Dernbach of Widener University Commonwealth Law School.

  • Opinion

    IRS Should Use Tax Law To Combat The Opioid Epidemic

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    The IRS, which enforces anti-trafficking tax laws against state-regulated cannabis businesses, should be fair and apply the same policy against pharmaceutical companies that illegally market their opioids, says Kat Allen at Wykowski Law.

  • Q&A

    A Chat With Gilead Sciences Legal Ops Leader Gary Tully

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    In this monthly series, legal recruiting experts from Major Lindsey & Africa interview legal industry leaders about the increasingly competitive business environment. Here, Rod Osborne talks with Gary Tully, head of legal operations at Gilead Sciences.

  • DC Circ.'s Chance To Clarify 'Should Have Known' Liability

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    With its upcoming decision in Thaddeus North v. U.S. Securities and Exchange Commission, the D.C. Circuit should articulate a clear legal standard for when a compliance officer “should have known” about reportable events. Without such guidance, compliance officers cannot do their jobs without fearing unintended consequences, say Brian Rubin and Michelle McIntyre of Eversheds Sutherland.

  • Series

    Why I Became A Lawyer: Completing The Journey Home

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    My mother's connection to her Native American heritage had a major influence on my career — my decision to enter the legal profession was driven by the desire to return to my tribal community and help it in any way I could, says Jason Hauter of Akin Gump.

  • The Insider Trading 'Mess' Congress Is Trying To Fix

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    The House Committee on Financial Services recently approved the Insider Trading Prohibition Act, which creates a statutory definition of insider trading in response to what one legislator called a “judicial mess.” The history of insider trading prosecutions supports the need for clarification, say attorneys with Paul Hastings.

  • DC Circ. Gives New Meaning To 'Willful' In Securities Statutes

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    The D.C. Circuit’s recent decision in The Robare Group v. U.S. Securities and Exchange Commission drives home the idea that long-accepted interpretations of federal securities laws may be upended when appellate courts take a fresh look at the statutory language, say attorneys at Debevoise & Plimpton.

  • Practical Safeguards For Employee Use Of Messaging Apps

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    Independent of the U.S. Department of Justice's recent interest in instant and ephemeral messaging apps, companies have plenty of sound reasons to control their use in the office and have an array of tools to do it, say Erin Schrantz and Andrew Philip Walker of Jenner & Block.

  • Series

    Judging A Book: Wood Reviews 'The Making Of A Justice'

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    Retired U.S. Supreme Court Justice John Paul Stevens' new book, "The Making of a Justice," is required reading for anyone interested in 20th and 21st century America, says Seventh Circuit Chief Judge Diane Wood.

  • What Gov't Outsourcing Ruling Means For Investigations

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    A New York federal court's recent decision in U.S. v. Connolly is a warning to prosecutors against outsourcing their investigations to companies and outside counsel, but it should also be used by companies to determine the framework for internal investigations, says Rachel Maimin of Lowenstein Sandler.

  • Foreign Banks Should Remain Wary Of US Sanctions Laws

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    While major enforcement actions against foreign banks for U.S. sanctions violations have slowed down in the past few years, recent settlements against three foreign banks show that federal and state authorities are still enforcing sanctions laws — and the pace of enforcement will likely increase, say Andrew Zimmitti and Richard Hartunian of Manatt.

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