White Collar

  • July 08, 2020

    Facebook Bans Accounts Linked To Stone For Manipulation

    Facebook said Wednesday it has taken down a U.S.-based network of more than 100 pages and accounts affiliated with longtime Donald Trump ally and GOP operative Roger Stone, because they were being used to run "coordinated manipulation campaigns" to influence public debate.

  • July 08, 2020

    SEC Says Woodbridge Ponzi Suit Should Be in Fla., Not Calif.

    The U.S. Securities and Exchange Commission on Wednesday told a Florida federal judge that two salespeople allegedly involved in Robert Shapiro's $1.2 billion Woodbridge Group Ponzi scheme had failed to make their argument for moving the case against them to California.

  • July 08, 2020

    Judge Slows Alleged Ghosn Accomplices' Release Bid

    A federal judge in Massachusetts on Wednesday hinted she wouldn't rush her decision on releasing from custody a former Green Beret and his son who are wanted by Japan for allegedly helping former Nissan CEO Carlos Ghosn jump bail in 2019. 

  • July 08, 2020

    Crypto CEO Pleads Not Guilty To Abramoff-Linked Fraud

    The CEO of a cryptocurrency company pled not guilty in California federal court Wednesday to wire fraud and money laundering for allegedly helping political lobbyist Jack Abramoff defraud investors out of $5.6 million by claiming a new and improved version of bitcoin called AML BitCoin.

  • July 08, 2020

    Reps. Advance Dem Budget Bills For DOJ, Judiciary

    House panels on Wednesday advanced Democratic budget bills that would boost funding for civil rights investigations and federal public defenders, aid immigrants, and push state and local governments to change policing practices in a way that Republicans charged would effectively defund the police.

  • July 08, 2020

    Fiat Chrysler Escapes GM's RICO Suit Over UAW Bribes

    General Motors can't prove it was directly harmed by an alleged racketeering scheme in which Fiat Chrysler bribed senior auto workers union officials to corrupt the collective bargaining process and disadvantage rival carmakers, a Michigan federal judge ruled Wednesday.

  • July 08, 2020

    2nd Circ. Denies Appeal Of Atty's Tax Fraud Conviction

    A disbarred New York attorney who was sentenced to seven years in prison on charges of tax evasion, mail fraud, perjury, obstructing justice and structuring cash deposits lost his appeal in the Second Circuit on Wednesday. 

  • July 08, 2020

    CFTC's 1st Civil Suit Tied To COVID-19 Targets 'Master Trader'

    The U.S. Commodity Futures Trading Commission's first enforcement action over conduct tied to the COVID-19 crisis targets a self-proclaimed forex "master trader" who told clients his trading profits were bolstered by the pandemic.

  • July 08, 2020

    Crypto Co. Boss Accused Of $7M Fraud Eyes Deal With Feds

    A Pennsylvania man charged with using his cryptocurrency-focused escrow company to obtain $7 million from clients for bitcoin he never delivered is near a deal with Manhattan federal prosecutors to avoid trial, according to a Tuesday court filing.

  • July 08, 2020

    K&L Gates Nabs Health Care Partner From Morgan Lewis

    K&L Gates LLP has hired a former Morgan Lewis & Bockius LLP partner who focuses on Medicare and Medicaid reimbursement matters to join its health care practice in Washington, D.C., the firm said Tuesday.

  • July 08, 2020

    In Novel Ruling, 5th Circ. Curbs Privacy On Bitcoin Exchanges

    A first-of-its-kind Fifth Circuit finding that Bitcoin exchanges can disclose user data to the government without being served a warrant has troubled advocates, who say the boosted privacy that the cryptocurrency can provide is crucial to its appeal. 

  • July 08, 2020

    Insurer Says It Needn't Cover Atty Linked To $7.4M Fraud

    StarStone Specialty Insurance Co. is asking a Florida federal court to cancel an insurance policy it issued to Private Advising Group PA, saying the group knew when it sought coverage that it might face a suit over its founder's connection to a $7.4 million fraud case, but lied on its application.

  • July 08, 2020

    Pittsburgh Criminal Courts Move Online Amid Virus Spike

    State court administrators are moving criminal court proceedings online in Pittsburgh on Wednesday, as a jump in COVID-19 cases in southwest Pennsylvania reached the courthouses just weeks after they resumed some in-person hearings.

  • July 07, 2020

    Convicted Hedge Fund Exec Claims SDNY Hid Evidence

    Convicted Former Premium Point Investments CEO Anilesh Ahuja says that a federal prosecutor in the Southern District of New York drafted a cooperator's guilty plea and then told a judge he didn't — a fact Ahuja claims casts doubt on the fairness of his trial.

  • July 07, 2020

    5th Circ. Clears Texas Gov. From Ex-Judge's Retaliation Suit

    The Fifth Circuit ruled Monday that a group of former Texas prosecutors — including Gov. Greg Abbott — are shielded by prosecutorial immunity from a former state judge's retaliation suit that alleges they investigated, charged and convicted her on bogus bribery charges, but held that one county prosecutor is not protected.

  • July 07, 2020

    Alsup Slams Feds' 'Stunts' In Trial Of Alleged Russian Hacker

    U.S. District Judge William Alsup criticized a prosecutor Tuesday for presenting "obviously prejudicial" jailhouse phone records instead of "real evidence" against a Russian national on trial in California for allegedly hacking into LinkedIn and Dropbox, saying, "You may end up losing this case because of stunts like that."

  • July 07, 2020

    Solar Schemers Threatened With Jail For Defying Court

    Owners of a solar company found to have perpetrated an abusive $50 million tax fraud were threatened with jail time by a Utah federal judge because they've repeatedly flouted contempt-of-court orders, destroyed evidence and deceived the federal government.

  • July 07, 2020

    Molotov Cases Prosecuted Like Terrorism In All But Name

    Brooklyn federal prosecutors have stopped just short of invoking the legally and politically fraught term “terrorism” against the defendants, including a now-suspended Pryor Cashman associate, in alleged Molotov cocktail attacks on NYPD vehicles.

  • July 07, 2020

    Ex-LA Broker Gets 6 Years For $215M Portfolio Pumping Fraud

    A former Beverly Hills stockbroker was sentenced on Monday to 72 months in prison after being convicted last year of participating in a stock price manipulation scheme that pumped up the reported profits of hedge funds and caused investors to lose $215 million.

  • July 07, 2020

    NYC Grand Juries To Return To State Courthouses In August

    Grand juries will begin to reconvene in New York City state courts starting on Aug. 10, and some criminal matters that have been heard remotely since the beginning of the COVID-19 pandemic may soon be heard in person, the New York State Unified Court System announced Tuesday.

  • July 07, 2020

    FTC Fights Shkreli's Bid To Duck Monopolization Case

    The Federal Trade Commission and a contingent of states have urged a New York federal court not to toss their suit accusing former pharmaceutical executive Martin Shkreli and a company he founded of monopolizing the market for a lifesaving drug used to treat parasitic infections.

  • July 07, 2020

    EBay Cyberstalking Case Expands As Feds Charge Ex-Cop

    Federal prosecutors in Boston said Tuesday they have charged a seventh former eBay employee, a retired cop who worked security for the company, in connection with an alleged cyberstalking campaign against a Massachusetts couple who ran an e-commerce industry blog.

  • July 07, 2020

    Ex-Fox Execs Want Separate Trial In FIFA Bribery Case

    A pair of former Fox Sports executives accused of bribing South American soccer officials have urged a New York federal judge to try them separately from other defendants in the sprawling FIFA corruption case, arguing that prosecutors had hastily and incorrectly "lumped them in" with a host of unrelated defendants.

  • July 07, 2020

    FTC Targets Belizean Executive In Real Estate Scam Suit

    The Federal Trade Commission has urged a Maryland federal judge to hold a Belizean man liable for more than $138 million in an alleged Belize real estate scam, accusing him of trying to escape his part in running a fraudulent operation that deceived American consumers.

  • July 07, 2020

    Microsoft Sues To Block 'COVID-19 Themed' Phishing Scheme

    A Virginia court has unsealed documents related to Microsoft's recent efforts to prevent alleged cybercriminals from stealing its users' personal information through a "COVID-19 themed" phishing campaign, the company said.

Expert Analysis

  • Madoff Recovery's Next Steps After Justices' Petition Pass

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    The U.S. Supreme Court’s recent refusal to review a Second Circuit decision allowing recovery of funds Bernie Madoff transferred outside the U.S. leaves open the question of whether the clawback initiative’s claims will survive given the strict pleading and proof standards that have evolved over the last 12 years of litigation, say attorneys at Quarles & Brady.

  • An Inside Look At DOJ Fight Against COVID-19 Price-Gouging

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    New Jersey U.S. Attorney Craig Carpenito and Assistant U.S. Attorney Nicholas Grippo share how the U.S. Department of Justice is combating hoarding and price-gouging of medical supplies and analyze some of the prosecutions a new task force has brought during the pandemic.

  • The Research Compliance Landscape Is Evolving Quickly

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    Government actions against researchers with undisclosed connections to China, as well as legislation designed to safeguard U.S. research, reinforce the probability that new rules for global collaboration and foreign engagement are on the horizon, say attorneys at Ropes & Gray.

  • Opinion

    It's Time For Law Firms To Support Work-From-Home Culture

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    Now that law firms are on board with fully remote work environments, they must develop policies that match in-office culture and align partner and associate expectations, says Summer Eberhard at Major Lindsey.

  • Opinion

    Republicans Keep Confirming Unqualified Judicial Nominees

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    What emerges from the group of 200 federal judges confirmed by the Senate under President Donald Trump is a judiciary stacked with young conservative ideologues, many of whom lack basic judicial qualifications, says Sen. Dianne Feinstein, D-Calif., ranking member of the Senate Judiciary Committee.

  • Tips For Crafting The Perfect Law Firm Alert

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    As lawyers have had more time to write in recent weeks, the number of law firm alerts has increased massively, but a lot of them fail to capture readers and deliver new business, says Richard Torrenzano at The Torrenzano Group.

  • What Ebola Crisis Can Teach Us About COVID-19 Compliance

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    What occurred during and as a result of the Ebola outbreak is informative of what companies may face in the wake of the COVID-19 pandemic, including fraud related to charitable donations, government contracts and border crossings, say attorneys at Orrick.

  • PPP Fraud Actions Highlight Importance Of Lender Vigilance

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    The U.S. Department of Justice's first wave of enforcement actions against individuals fraudulently seeking Paycheck Protection Program loans demonstrates the key role that financial institutions play in monitoring and reporting suspicious applications, say attorneys at Arnold & Porter.

  • Sanctions Order May Accelerate Decline In US-ICC Relations

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    President Donald Trump's recent executive order authorizing sanctions against participants in the International Criminal Court investigation of U.S. military operations in Afghanistan may be intended as a warning, but could become another point of contention for EU states that are increasingly frustrated with U.S. sanctions policy, say attorneys at Crowell & Moring.

  • Series

    Judging A Book: Elrod Reviews 'Shortlisted'

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    Renee Knake Jefferson and Hannah Brenner Johnson's new book, "Shortlisted: Women in the Shadows of the Supreme Court," is a service to an overlooked group of nine women who were considered for the U.S. Supreme Court before Justice Sandra Day O'Connor was confirmed, and offers constructive tips for women looking to break through the glass ceiling, says Fifth Circuit Judge Jennifer Elrod.

  • Mandatory State Bars Likely To Remain Intact, For Now

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    A Texas federal judge’s recent holding in McDonald v. Sorrels that mandatory bar memberships do not violate members' constitutional rights indicates that such requirements survive the U.S. Supreme Court's 2018 decision in Janus, but it may mean that the Supreme Court will address the issue in the not-too-distant future, say Majed Nachawati and Misty Farris at Fears Nachawati.

  • Perspectives

    Unfairness In Prisoner Litigation Is Baked Into Statute

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    Inmate litigants have a new hurdle to clear because of the U.S. Supreme Court's decision this month in Lomax v. Ortiz-Marquez, but the court merely did as Congress said in the Prison Litigation Reform Act, says David Shapiro at the Roderick and Solange MacArthur Justice Center.

  • The Law Behind The Strange Departure Of US Atty Berman

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    In the wake of this weekend's confusing, contradicting statements regarding the removal of Geoffrey Berman as U.S. attorney for the Southern District of New York, it is useful to ask what law governs here, why the standoff with Attorney General William Barr ended the way it did, and what history teaches us about these circumstances, says Daniel Levy at McKool Smith.

  • 11 Keys To Success At Remote Mediation

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    Attorneys should accept that remote mediation may be their only current option for resolving a dispute and take steps to obtain a fantastic outcome for their clients, including making sure the right people attend the remote mediation and beginning the session with an apology, says Eric Meyer at FisherBroyles.

  • Pandemic Could Bring Student Exodus From Legal Profession

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    A recent survey shows that law and prelaw students have serious concerns about the quality and value of remotely provided legal education, and rapid action from the legal community is necessary to prevent promising young people from leaving in favor of other professions, says Mehran Ebadolahi at TestMax.

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