White Collar

  • September 26, 2023

    SEC Says Diamond Seller Used Investor Funds To Gamble

    A former diamond dealer and his now-defunct Florida jewelry trading business have been hit with a U.S. Securities and Exchange Commission lawsuit alleging he bilked at least $2.2 million from investors to cover his gambling debts.

  • September 26, 2023

    Feds Say Race Played No Role In Charging Ozy Media Boss

    Federal prosecutors told a Brooklyn federal judge to deny claims by the Black founder of startup company Ozy Media that his fraud case is motivated by racial bias, calling the accusation "unfounded."

  • September 26, 2023

    Kodak Scores Exit From Investors' COVID Supply Deal Suit

    Eastman Kodak Co. has escaped a shareholder derivative suit alleging that current and former officers and directors of the company engaged in insider trading tied to a COVID-19 medical supply deal with the federal government, after a New York federal judge ruled that the company's board determined in good faith and after a reasonable investigation that the suit's claims wouldn't be in Kodak's "best interest."

  • September 26, 2023

    Airbit Founder Gets 12 Years As Feds Eye More Crypto Scams

    A Manhattan federal judge sentenced a California man who co-founded the $100 million Airbit Club cryptocurrency scam to 12 years in prison Tuesday after a prosecutor warned that the profusion of "dangerous" Ponzi-like frauds targeting bitcoin investors has not abated.

  • September 26, 2023

    NC Lab Owner Gets Nearly 17 Years For Medicaid Fraud

    A North Carolina lab owner found guilty of health care fraud and money laundering was sentenced Tuesday to nearly 17 years in federal prison, with a federal judge rejecting his plea for a shorter stint based on the culpability of his co-defendants.

  • September 26, 2023

    Hunter Biden Accuses Giuliani Of Hacking Infamous Laptop

    Hunter Biden sued Rudy Giuliani and Giuliani's former lawyer Tuesday on allegations the pair caused the "total annihilation" of his digital privacy by disseminating data from his now-notorious laptop — and violated cybersecurity laws in the process.

  • September 26, 2023

    Don't Believe SEC Witnesses In $144M Fraud Case, Jury Told

    The trial of two Canadian nationals accused by the U.S. Securities and Exchange Commission of participating in a $144 million penny-stock fraud scheme closed Tuesday, with defense attorneys attacking the government's cooperating witnesses as convicted felons willing to stretch the truth for a lighter sentence.

  • September 26, 2023

    Trump Found Liable For Fraud In NY Attorney General's Case

    A New York state judge on Tuesday placed Donald Trump's assets in limbo and sanctioned his attorneys after ruling that the former president and his real estate company defrauded banks and insurers for years by exaggerating his net worth by billions of dollars.

  • September 26, 2023

    High Court To Carry On If No Deal To Avert Shutdown

    A government shutdown could happen by the end of the week, yet the U.S. Supreme Court would continue its regular operations, and there would be about two weeks' worth of funding available for lower federal courts, insiders say.

  • September 26, 2023

    Trump Blasts Proposed Gag Order In DC Case As 'Censorship'

    Former President Donald Trump called prosecutors' request that a Washington, D.C., federal judge limit what he can say publicly about his election interference case an attempt to strip him of his First Amendment rights and thwart his presidential campaign.

  • September 26, 2023

    Jury Finds NC Doctor Lied In Medical Brace Authorizations

    A North Carolina federal jury on Tuesday found a Charlotte doctor guilty of making false statements while signing off on unnecessary orthopedic braces but acquitted her on charges of health care fraud.

  • September 26, 2023

    Florida Man Admits To $16.7M HIV Drug Fraud Conspiracy

    A Florida man pled guilty to a federal criminal charge of conspiring to acquire at least $16.7 million worth of HIV drugs, and resell them adulterated and with misbranded labels to wholesalers, which ultimately distributed them to patients across the country.

  • September 26, 2023

    The 2023 Law360 Pulse Social Impact Leaders

    Check out our Social Impact Leaders ranking, analysis and interactive graphics to see which firms stand out for their engagement with social responsibility and commitment to pro bono service.

  • September 26, 2023

    Why Law Firm ESG Is Likely Here To Stay

    As backlash to institutional efforts around environmental, social and corporate governance spreads in the U.S., experts say law firms are likely to take a long-term view and continue focusing on ESG principles, even if some of the wording and messaging around those efforts may change.

  • September 26, 2023

    Shareholder Says Austin Property Owner Misused Millions

    A shareholder in a company that owns apartment complexes in the Austin, Texas, area sued the firm's president for allegedly diverting millions of dollars in revenue for questionable purposes, including hiring a management firm operated by his mistress.

  • September 26, 2023

    Platinum Co-Founder Gets Overvaluation Verdict Pared To $2.8M

    A Manhattan federal judge has slashed last year's $8.2 million asset overvaluation verdict against Platinum Partners co-founder David Bodner to $2.8 million, accounting for settlements previously reached by the defunct hedge fund's other executives and advisers.

  • September 26, 2023

    Calif. Atty Disbarred For Letting Suspended Atty Practice Law

    The Supreme Court of California has disbarred a lawyer who hired an attorney who was under a three-year disciplinary suspension and allowed her to practice law, the state bar announced Monday.

  • September 26, 2023

    Pair Indicted On Charges Of Peddling Abusive Trusts

    Two men promoted and sold abusive tax shelters for the last six years by instructing their clients to use sham trusts to hide business income and illegally deduct personal expenses such as family weddings, according to an indictment in a Colorado federal court.

  • September 26, 2023

    Trader Fights Extradition For Alleged $100M 'Pump-And-Dump'

    The alleged leader of a $100 million "pump-and-dump" stock fraud fought against extradition to the U.S. at a London court Tuesday, saying that the allegations against him are not specific enough to justify extradition.

  • September 26, 2023

    Jail Is No Place To Prep For Trial, Bankman-Fried Tells Judge

    FTX founder Sam Bankman-Fried repeated his request to be released from jail for his upcoming criminal trial and be allowed to live in a temporary New York City residence, telling a Manhattan federal judge it's been "exceedingly difficult" to prepare at the Metropolitan Detention Center.

  • September 26, 2023

    NJ Sen. Booker, Other Dems Call For Menendez To Resign

    Sen. Cory Booker on Tuesday called on his fellow New Jersey Democrat Sen. Bob Menendez to resign after he was indicted on bribery charges, joining a growing list of Senate Democrats urging Menendez to step down.

  • September 26, 2023

    As 'Varsity Blues' Winds Down, Attys Recall A Wild Beginning

    The "Varsity Blues" college admissions case may be ending with a whimper, but it began with a bang on March 12, 2019, as prosecutors unveiled charges against Hollywood stars and corporate titans. Law360 compiled an oral history of that "insane" first day.

  • September 26, 2023

    JPMorgan To Pay $75M To US Virgin Islands Over Epstein Ties

    JPMorgan Chase said Tuesday it will pay $75 million to settle a federal suit brought by the government of the U.S. Virgin Islands that alleged the bank processed over $1 billion for Jeffrey Epstein related to his sex trafficking activity between 2003 and 2019.

  • September 25, 2023

    Monsanto's 1971 PCB Study Had Fake Data, Seattle Jury Told

    A former employee of a laboratory that analyzed polychlorinated biphenyls for Monsanto in the 1970s told a Washington state jury in a toxic tort trial on Monday that researchers made up numbers to fill in data gaps and failed to examine the tissue of most rats that died during the toxicity study.

  • September 25, 2023

    Ga. Judge Says Juror Identities In Election Case Will Be Secret

    The identities of jurors in the Georgia election interference case against former President Donald Trump and 18 others will be kept under wraps, the presiding judge ordered Monday.

Expert Analysis

  • Trump's 'I Thought I Won' Jan. 6 Defense Is Unlikely To Prevail

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    Since being indicted for his alleged attempts to overthrow the 2020 presidential election, former President Donald Trump’s legal team has argued that because he genuinely believed he won, his actions were not fraudulent — but this so-called mistake of fact defense will face a steep uphill battle for several key reasons, says Elizabeth Roper at Baker McKenzie.

  • Caregiver Flexibility Is Crucial For Atty Engagement, Retention

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    As the battle for top talent continues post-pandemic, many firms are attempting to attract employees with progressive hybrid working environments — and supporting caregivers before, during and after an extended leave is a critically important way to retain top talent, says Manar Morales at The Diversity & Flexibility Alliance.

  • No End In Sight For Pandemic Relief Fraud Enforcement

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    Congress' recent decision to extend the statute of limitations to 10 years for fraud related to pandemic relief means the era of enforcement actions brought under the False Claims Act and the Financial Institutions Reform, Recovery and Enforcement Act has only just begun, say attorneys at Crowell & Moring.

  • The FTC May Be Expanding Its Monetary Relief Toolbox

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    The Federal Trade Commission's recent settlement with crypto exchange Celsius — which resolved a Gramm-Leach-Bliley Act pretexting count — reveals an attempt to significantly expand the FTC's authority to obtain monetary relief in ordinary matters regarding unfair or deceptive acts or practices, says Nikhil Singhvi at Covington.

  • Strike Force Actions Underscore Foreign Risks For Tech Cos.

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    As recent prosecutions demonstrate, a multiagency strike force is ramping up enforcement of trade secret theft and export control violations, and companies will need to be proactive in protecting their sensitive technologies from foreign adversaries, say attorneys at McGuireWoods.

  • Strategies To Help Clients When BOP Ignores Medical Needs

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    Defense attorneys should cite recent case law and the expanded compassionate release guidelines, effective Nov. 1, when making any post-sentence application to aid incarcerated clients whose medical needs have been neglected by the Federal Bureau of Prisons, says Marissa Kingman at Fox Rothschild.

  • In-Office Engagement Is Essential To Associate Development

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    As law firms develop return-to-office policies that allow hybrid work arrangements, they should incorporate the specific types of in-person engagement likely to help associates develop attributes common among successful firm leaders, says Liisa Thomas at Sheppard Mullin.

  • Trends Emerge In High Court's Criminal Law Decisions

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    In its 2022-2023 term, the U.S. Supreme Court issued nine merits decisions in criminal cases covering a wide range of issues, and while each decision is independently important, when viewed together, key trends and takeaways appear that will affect defendants moving forward, says Kenneth Notter at MoloLamken.

  • Global Analysis Of Climate Suits Reveals Strategic Focus

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    A recent report from the Grantham Institute, reviewing climate lawsuits around the world and identifying eight types of so-called strategic litigation, offers insights that may help companies reduce their exposure and protect their reputations, say Jason Halper and Sharon Takhar at Cadwalader.

  • Perspectives

    A Judge's Pitch To Revive The Jury Trial

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    Ohio state Judge Pierre Bergeron explains how the decline of the jury trial threatens public confidence in the judiciary and even democracy as a whole, and he offers ideas to restore this sacred right.

  • Perspectives

    People In Prison Should Have Access To Digital Technology

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    There are a number of reasons why people who are incarcerated should have access to digital communication technology — from facilitating reentry to saving lives in a future pandemic — but they need the means and the necessary legal protections to do so, say NYU Law student Suchy Kahlon and First Amendment attorney Dan Novack.

  • How To Recognize And Recover From Lawyer Loneliness

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    Law can be one of the loneliest professions, but there are practical steps that attorneys and their managers can take to help themselves and their peers improve their emotional health, strengthen their social bonds and protect their performance, says psychologist and attorney Traci Cipriano.

  • Opinion

    Litigation Funding Disclosure Should Be Mandatory

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    Despite the Appellate Rules Committee's recent deferral of the issue of requiring third-party litigation funding disclosure, such a mandate is necessary to ensure the even-handed administration of justice across all cases, says David Levitt at Hinshaw.

  • Recalling USWNT's Legal PR Playbook Amid World Cup Bid

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    As the U.S. Women's National Soccer Team strives to take home another World Cup trophy, their 2022 pay equity settlement with the U.S. Soccer Federation serves as a good reminder that winning in the court of public opinion can be more powerful than a victory inside the courtroom, says Hector Valle at Vianovo.

  • ComEd Case Shows Wide Reach Of FCPA Accounting Clauses

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    The recent conviction of former Commonwealth Edison executives and associates, paired with broader civil enforcement actions, demonstrates the government’s willingness to enforce the Foreign Corrupt Practices Act’s accounting provisions, even in domestic cases without a predicate violation of the statute’s anti-bribery provisions, say James Koukios and Nathan Lowry at MoFo.

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