White Collar

  • 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.

  • September 25, 2023

    Developers Guilty Of Plotting To Steal From Chicago Bank

    Two Chicago property developers were convicted Friday of conspiring to embezzle and aiding the embezzlement of millions of dollars from the now-shuttered Washington Federal Bank for Savings and falsify bank records to cover up the crime. 

  • September 25, 2023

    'Man On The Run' Takes 1MDB Scandal To The Big Screen

    Cassius Michael Kim’s film "Man on the Run," which opened in New York last week and will premiere in Los Angeles on Friday, traces the 1MDB corruption scandal from its inception to the present day, and while it doesn’t touch on every plot twist, for a roughly 90-minute documentary, it covers a lot of ground. He spoke with Law360 about the project.

  • September 25, 2023

    Wash. Recovers $42M In Stolen COVID Unemployment Funds

    The state of Washington has used its asset forfeiture powers to recover $42 million in pandemic-related unemployment benefits stolen by fraudsters and deposited in accounts with Bank of America, Wells Fargo, Citibank and 23 other financial institutions, the state Office of the Attorney General said.

  • September 25, 2023

    NC Doctor Loses Mistrial Bid As Jury Mulls $11M Fraud Case

    A Charlotte doctor accused in an $11 million Medicare fraud scheme tried unsuccessfully on Monday to have a mistrial declared after a heated morning of closing statements, with her defense team accusing the government of deliberately hiding evidence to spring on her mid-trial.

Expert Analysis

  • 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.

  • Who Owns Crypto Assets? Know The Bankruptcy Risks

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    Amid a wave of recent crypto custodian Chapter 11 filings, the legal character of customer deposits give rise to a deluge of questions, because in the absence of a concrete regulatory regime, the terms and conditions are likely going to be how the court determines legal rights, says Heidi Hockberger at Levenfeld Pearlstein.

  • Opinion

    Guardrails Needed Against Politically Motivated Atty Discipline

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    As illustrated by revelations about disbarred attorney Tom Girardi’s influence, there is a need to revamp attorney discipline to protect the public, but any reforms to misconduct rules must also consider how bar-directed disciplinary hearings are increasingly used as a political weapon, says Deborah Winokur at Cozen O'Connor.

  • Operant Conditioning: Techniques To Prepare Your Witness

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    Attorneys can apply operant conditioning principles, such as positive and negative reinforcement, during witness preparation sessions to enhance the quality of witnesses’ deposition and trial testimony and counter the potential influence of opposing counsel, say Bill Kanasky and Steve Wood at Courtroom Sciences.

  • Investors With ESG Aims Should Heed Antitrust Reporting Rules

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    As investors globally are embracing environmental, social and governance investing, regulatory agencies have made clear that ESG initiatives are not immune from antitrust scrutiny, and investors cannot count on receiving special exemptions from the Hart-Scott-Rodino Act reporting requirements, say Jonathan Gleklen and Francesca Pisano at Arnold & Porter.

  • IRS Criminal Probe Spells Uncertainty For Malta Pension Plans

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    The IRS’ recent scrutiny of Malta pension plan arrangements — and its unusual issuance of criminal administrative summonses — confirms that it views many of these plans as illegal tax evasion schemes, and the road ahead will not be smooth and steady for anyone involved, say attorneys at Kostelanetz.

  • Operant Conditioning: Tactics That Can Derail Your Witness

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    There are many ways opposing counsel may use operant conditioning principles, including rewards and punishments, to obtain damaging testimony from your witnesses, so understanding this psychological theory is key, say Steve Wood and Bill Kanasky at Courtroom Sciences.

  • Perspectives

    Mallory Gives Plaintiffs A Better Shot At Justice

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    Critics of the U.S. Supreme Court's recent decision in Mallory v. Norfolk Southern claim it opens the door to litigation tourism, but the ruling simply gives plaintiffs more options — enabling them to seek justice against major corporations in the best possible court, say Rayna Kessler and Ethan Seidenberg at Robins Kaplan.

  • CRA Plays Role In DOJ Fight Against Redlining

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    The U.S. Department of Justice’s recent consent order with ESSA Bank & Trust is a reminder that although the Community Reinvestment Act lacks a civil enforcement provision, financial institutions' CRA compliance efforts may have ramifications under various anti-discrimination statutes, say Collin Grier and Levi Swank at Goodwin.

  • Why Justices' SuperValu Ruling Wasn't Quite A 'Seismic Shift'

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    Notwithstanding an early victory lap by the relators' bar, the U.S. Supreme Court’s decision in U.S. v. SuperValu Inc. was a win for both whistleblowers and sophisticated companies, but unfortunately left “subjective belief” to be interpreted by lower courts and future litigants, say attorneys at Baker Donelson.

  • Durham Hearing Shows Common Cross-Examination Errors

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    Trial attorneys can glean several key cross-examination lessons from the mistakes made by several members of the U.S. House of Representatives during a recent hearing on special counsel John Durham’s FBI probe, say Luke Andrews and Asha Laskar at Poole Huffman.

  • Opinion

    When Corporate Self-Disclosure Threatens Individuals' Rights

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    The prosecution of former Cognizant executives in New Jersey federal court demonstrates how the U.S. Department of Justice’s corporate enforcement policy can contravene the constitutional rights of individual defendants who are employed by cooperating companies, says Gideon Mark at the University of Maryland.

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