The U.S. Attorney's Office for the Eastern District of New York has relented for now in its crusade to have two attorneys jailed without bail while they face charges of carrying out a Molotov cocktail attack on a New York City Police Department vehicle during recent protests over police brutality.
Bitcoin users who use a virtual bank to complete their transactions have no more of an expectation of privacy than brick-and-mortar bank account holders, the Fifth Circuit ruled while rejecting a felon's argument for evidence suppression in his child pornography case.
A Connecticut-based investment adviser will pay $2 million in disgorgement and civil fines for allegedly investing $19 million in investor money while "grossly understating" inherent risks and failing to conduct even basic due diligence on questionable companies, according to a statement Wednesday from the U.S. Securities and Exchange Commission and its original complaint.
Insurers for Bausch Health Cos. asked a New Jersey federal judge Wednesday to find that they don't have to pay the pharmaceutical company's costs to defend and settle class-action suits it faced over an alleged insider trading scheme connected to a failed takeover of Allergan, contending the suits are not covered "securities claims."
The former chief of a film company that distributed movies including "Kidnap" with Halle Berry on Wednesday denied charges in Manhattan that he embezzled $14 million of BlackRock investment dollars and used it to pay for his Beverly Hills, California, estate.
A Chinese man, who has fled the U.S., received a sentence of 37 months after pleading guilty to charges in one of the country's first federal cases targeting a "birth tourism" scheme that allows noncitizens to fraudulently secure American citizenship for their infants, according to prosecutors.
Hollywood producer and convicted rapist Harvey Weinstein, along with some of his companies and associates, has agreed to pay nearly $19 million to end a putative class action alleging that he sexually harassed and abused dozens of women, the women said Tuesday in New York federal court.
United Auto Workers President Rory Gamble and the federal prosecutor overseeing an investigation into a $1 million embezzlement scheme involving high-ranking union officials say they are considering bringing in a third party to oversee future labor agreements.
The Second Circuit on Tuesday freed a pair of attorneys accused of torching a New York Police Department car during recent protests sparked by the death of George Floyd at the hands of the Minneapolis police, finding no clear error in the lower courts.
Former Indivior CEO Shaun Thaxter pled guilty in Virginia federal court Tuesday to a misdemeanor for failing to prevent the company from giving misleading safety statistics to Massachusetts officials as part of a marketing campaign for one of the company's opioid addiction treatments.
The U.S. Department of Justice announced new criminal charges late Tuesday in its investigation of price-fixing in the generic-drug industry, this time accusing Glenmark Pharmaceuticals Inc. USA in Pennsylvania federal court of overcharging by at least $200 million for a cholesterol treatment.
State investigators conducting wiretaps encountered encryption at an uncharted rate in 2019, and nearly always could not decipher messages, while total arrests and convictions based on electronic surveillance increased, according to a U.S. courts report released Tuesday.
The Sixth Circuit has agreed to consider General Motors' request to remove a Michigan judge who abruptly ordered its CEO to negotiate an end to GM's allegations that Fiat Chrysler bribed senior auto workers union officials to corrupt the collective bargaining process and disadvantage rival carmakers.
Four former Wilmington Trust Corp. executives urged the Third Circuit to undo their fraud convictions for failing to flag real estate loans totaling millions of dollars that were in arrears, arguing Tuesday that there was no regulatory or statutory definition of "past due" on which to base criminal charges.
The Second Circuit on Tuesday rejected the last objection to a nearly $20 million fee award for counsel of an investor class that received a $1 billion settlement for money lost through Bernard Madoff's Ponzi scheme.
An attorney for Turkey's state-owned Halkbank on Tuesday told a New York federal judge it didn't envision being ready for trial over an alleged multibillion-dollar scheme to evade American sanctions targeting Iran until the spring of 2022, citing the difficulties brought on by the COVID-19 pandemic.
Florida told a state appeals court Tuesday that video evidence collected by police in the day spa prostitution sting that ensnared New England Patriots owner Robert Kraft should not be suppressed, arguing that there was no Fourth Amendment violation in the police's use of video surveillance.
A former FIFA vice president on Monday avoided prison for his role in international soccer's massive bribery scandal, after a New York federal judge sentenced him to time served.
A D.C. federal judge on Monday unsealed the full version of her decision last week to give Roger Stone an extra two weeks to report to prison while denying the longtime conservative operative's request to extend the surrender date even further to September.
The Commodity Futures Trading Commission sued a Chicago-based brokerage firm and four executives and associates in Illinois federal court Monday, accusing the group of defrauding customers out of $4.4 million through a scheme involving options on futures transactions.
The owner of an environmental consulting firm in Idaho must pay nearly $320,000 to several former clients and received eight years on probation after pleading guilty to allegations he faked environmental lab reports to ensure the results matched state standards, according to state prosecutors.
The founder of the Sleep Number mattress company, who used another of his companies to swindle investors out of more than $57 million, will get out of federal prison 14 years ahead of schedule after a judge found him to be at particularly high risk for COVID-19.
The U.S. Supreme Court on Monday passed on a chance to extend its McDonnell ruling, which raised the bar for prosecutors to bring domestic corruption cases, to cases involving the Foreign Corrupt Practices Act.
The Eleventh Circuit has upheld a Texas man's conviction for attempting to smuggle encryption devices to Cuba, finding the government sufficiently proved he intended to export the technology without a license and knew this violated federal law.
A disbarred wills and estates attorney convicted of stealing $1.5 million from clients lost his bid to keep the $345,000 fee paid by one of his victims when the New Jersey state appeals court ruled Monday that he never provided input on the value of his services.
Directors of Delaware corporation boards should consider the responsibilities established in Caremark as a framework for getting sufficiently involved in COVID-19 decision-making, both to help their corporations navigate this difficult period and to defend against potential duty to monitor claims, say attorneys at Boies Schiller.
The Minnesota Supreme Court's Maslowski v. Prospect Funding Partners decision this week reaffirms that the doctrine of champerty is archaic, impedes important litigation finance activity, and should be abolished in the handful of states where it remains alive, says Andrew Cohen at Burford Capital.
With government enforcement action involving genetic laboratories increasing sharply, health systems and labs involved in precision medicine initiatives should carefully review their arrangements to avoid running afoul of fraud and abuse laws, say Carolyn Metnick and Stacey Callaghan at McDermott.
Last month's "Bridgegate" decision represents the latest remarkable chapter in a 20-year U.S. Supreme Court arc drastically narrowing prosecutors' ability to use previously flexible fraud statutes as tools to curtail putative public corruption by government officials, say Jason Halperin and David Drew at Mintz.
A significant challenge in practicing law remotely is the use and handling of documents without paper, because common digital tools such as email or even secure file transfer applications are problematic, say attorneys at Baker McKenzie.
Prosecutors and forward-looking companies should carefully attend to new U.S. Department of Justice guidance issued Monday, which brings changes to such core compliance areas as the value of data, the evolution of compliance programs, and foreign legal considerations, say Alejandra Montenegro Almonte and Ann Sultan at Miller & Chevalier.
As companies and their counsel prepare for enforcement by the newly confirmed special inspector general for pandemic recovery responsible for overseeing CARES Act funds, Christy Goldsmith Romero, special inspector general for the Troubled Asset Relief Program, shares how her office has investigated fraud, waste and abuse of federal relief funds following the 2008 financial crisis.
The legal industry is uniquely positioned, and indeed obligated, to respond to the racial disparities made clear by the recent killings of George Floyd and Breonna Taylor, but lawyers must be willing to be uncomfortable, says Tiffani Lee at Holland & Knight.
A close look at the life experiences unique to baby boomers, Generation X, millennials and others can offer valuable insight into how the pandemic could shape jurors' opinions in very different ways depending on their birth cohort, say trial consultants at JuryScope.
A New York bankruptcy judge's recent opinion in Firestone Diamond represents a comprehensive treatment of the Bankruptcy Code Section 502(d) disallowance taint and decisively rejects, for the first time in the Southern District of New York, the long-standing and widely criticized Enron holding, say attorneys at Cadwalader.
The current decrease in formality and increase in common ground due to the work-from-home environment can make it easier to have a networking conversation, says Megan Burke Roudebush at Keepwith.
A recent split between Pennsylvania and Georgia federal courts over whether a plaintiff suing a hotel for benefiting from a venture that it should have known engaged in sex trafficking must plausibly allege the hotel violated the federal criminal trafficking law has important implications for both sex trafficking survivors and the hospitality industry, says David Bouchard at Finch McCranie.
Every trial lawyer knows that Amy Cooper's compelling 911 call from Central Park, although hearsay, could be played to a jury at trial to bolster witness trial testimony, highlighting the fact that the Federal Rules of Evidence contain numerous pathways for prosecutors to introduce all types of evidence that would otherwise be excludable, says attorney John Lauro.
One mistake that attorneys commonly make when presenting a case to a third-party funder is focusing almost exclusively on liability and giving short shrift to the damages analysis — resulting in an aspirational damages estimate that falls apart under scrutiny, say Cindy Ahn and Justin Maleson at Longford Capital and Casey Grabenstein at Saul Ewing.
Companies that bid on projects financed wholly or in part by multilateral development banks to combat the crises caused by the pandemic must have appropriate anti-corruption mechanisms in place to limit the risks of sanctions investigations several years down the road, say Lauren Muldoon and Spencer Bruck at Orrick.