White Collar

  • July 08, 2025

    FinCEN To Appeal Block Of Trump's Border Cash Biz Order

    The Financial Crimes Enforcement Network, its director and others on Tuesday filed a notice of their plan to appeal a California federal judge's decision to temporarily block the Trump administration's order singling out cash-moving businesses along the southwest border for heightened anti-money laundering reporting.

  • July 08, 2025

    Hong Kong Co. To Pay $876K To Settle FCA Claims, DOJ Says

    Warehouse logistics company Schaefer Systems International Ltd. will pay $876,000 to settle allegations it violated the False Claims Act, federal prosecutors said Tuesday.

  • July 08, 2025

    11th Circ. Affirms Tax Fraud Conviction, 4-Year Sentence

    The Eleventh Circuit upheld a Georgia woman's tax fraud conviction and four-year-plus prison sentence, rejecting her claims that the judge overseeing her case was biased, that her lawyer was ineffective and that a hearing should have been held on whether she was competent to stand trial.

  • July 08, 2025

    Fla. Probes Internet Figures, REIT And Suspect Ponzi Scheme

    Florida Attorney General James Uthmeier on Tuesday announced his office has subpoenaed two internet personalities and their real estate investment trust based on allegations that they pocketed money intended for property purchases in what authorities say appears to be a Ponzi scheme.

  • July 08, 2025

    Ex-DC Prosecutors Rip Pick Of Emil Bove For 3rd Circ.

    In a letter to the Senate Judiciary Committee, a group of former federal prosecutors in Washington panned Emil Bove as a "dangerous" pick for the Third Circuit and criticized his record as a prosecutor as that of a loyal follower of President Donald Trump.

  • July 08, 2025

    Michigan Cos. Pay $1.9M To Settle PPP Loan Fraud Claims

    Four Michigan companies reached settlements worth a combined $1.9 million with the federal government to resolve claims they violated the False Claims Act by making false statements to get Paycheck Protection Program loans during the COVID-19 pandemic.

  • July 08, 2025

    'Tornado Cash' Trial Judge Curbs Talk Of North Korea WMDs

    A Manhattan federal judge on Tuesday sharply limited the extent to which prosecutors may mention North Korea's alleged efforts to obtain weapons of mass destruction as they seek to convict a crypto engineer who allegedly facilitated big-dollar transactions for the secretive dictatorship.

  • July 08, 2025

    Reed Smith Brings On Former SEC Atty From V&E In Dallas

    Reed Smith LLP has added a pair of former Vinson & Elkins LLP attorneys in its Dallas office, including a former U.S. Securities and Exchange Commission investigations and enforcement attorney who bolsters the firm's global regulatory enforcement group, Reed Smith announced Tuesday.

  • July 08, 2025

    Ex-US Atty For Eastern Pa. Joins BakerHostetler In Philly

    After more than 25 years working for the federal government in various roles, including her most recent stint as a top prosecutor in Pennsylvania, a seasoned litigator has returned to private practice and joined BakerHostetler in Philadelphia, the firm announced Tuesday.

  • July 08, 2025

    After Conviction Upheld, Bridge Fraudster Gets Time Served

    A government contractor whose wire fraud conviction was upheld by the U.S. Supreme Court was resentenced to time served in Pennsylvania federal court on Tuesday.

  • July 08, 2025

    Linqto Hits Ch. 11 Amid SEC Probe, Compliance Concerns

    Linqto, a platform that connected investors with pre-IPO startups and other privately held firms, has filed for bankruptcy in Texas amid an investigation by the U.S. Securities and Exchange Commission and internal concerns over its compliance with securities laws.

  • July 07, 2025

    Wis. Judge Can't Slip ICE Arrest Case, Magistrate Judge Says

    The Wisconsin judge accused of helping an immigrant living in the country illegally avoid arrest shouldn't be able to get her indictment dismissed just yet, a federal magistrate judge recommended Monday, rejecting her argument that judicial immunity shields her from the case.

  • July 07, 2025

    Citron Founder Seeks Dismissal Of 'Absurd' DOJ Fraud Case

    An attorney for Citron Research's founder, short-seller activist Andrew Left, urged a California federal judge Monday to dismiss the federal government's "absurd" criminal securities fraud case against Left, arguing that it's an unprecedented effort to criminalize free speech. 

  • July 07, 2025

    Biggest Illinois Decisions Of 2025 So Far: A Midyear Report

    State and federal courts have handed down rulings in Illinois cases so far this year that have clarified standing for data breach actions in the state's courts, affirmed coverage for attorney fees and costs paid as part of a settlement, and deemed insufficient a jury instruction frequently given in Illinois personal injury cases. Here's a breakdown of some of the biggest decisions courts have handed down in Illinois cases so far in 2025.

  • July 07, 2025

    Coder Who Claimed Evidence 'Ambush' Can't Get New Trial

    An Ohio federal judge refused Monday to grant the request for a new trial from a former software engineer at a multinational power engineering conglomerate who alleged that prosecutors "ambushed" him with key evidence at his trial on a computer-sabotage charge, ruling the evidence in question was not "material."

  • July 07, 2025

    SEC Says Adviser Posed As Clients To Approve Fee Hikes

    The U.S. Securities and Exchange Commission has sued a Chicago-based investment adviser and its owner for allegedly charging clients more than $2.5 million in unauthorized fees without clients' knowledge, accusing them of posing as clients to approve the fees online in some instances.

  • July 07, 2025

    SEC Alleges $4M Fraud Scheme By Scooter Rental Company

    The U.S. Securities and Exchange Commission has sued scooter rental company Go X Inc. and its executives in Florida federal court, alleging they fraudulently raised $4 million from 300 investors through unregistered securities sales.

  • July 07, 2025

    Crypto Group, Treasury Drop 11th Circ. Tornado Cash Case

    Crypto think tank Coin Center Inc. and the U.S. government have ended their battle over the Biden-era blacklisting of Tornado Cash now that the U.S. Treasury Department has removed the crypto mixing service from its list of blocked entities and a federal judge has deemed the designation unlawful.

  • July 07, 2025

    Atty-Client Shield Null In HIV Drug Fraud Case Docs, Feds Say

    Two alleged distributors of sham HIV drugs can't shield more than 1,000 documents related to legal advice from discovery, U.S. prosecutors told a Florida federal judge Monday, asserting that any attorney-client privilege is invalidated because the advice was used to facilitate a $90 million fraud.

  • July 07, 2025

    AIG Pays $6M For Fire In Chinese Exile Guo's NYC Apartment

    AIG Property Casualty Co. has paid more than $6 million to a company once owned by Chinese exile and since-convicted fraudster Miles Guo after a fire damaged his former residence in New York City's Sherry-Netherland Hotel, an exclusive co-op across the street from Central Park, a court filing indicates.

  • July 07, 2025

    Ex-Essential Oil Co. Manager Gets 6 Years For Fraud

    A former manager of an essential oils company was sentenced to nearly six years in federal prison Monday for his role in an embezzlement scheme that stripped his employer of more than $29 million and awarded him millions in kickbacks he hid from the IRS, according to the U.S. Department of Justice.

  • July 07, 2025

    Judge Rejects DOJ Bids To Dismiss Abrego Garcia Suit

    A Maryland federal judge demanded answers from Trump administration attorneys Monday about when they knew of Kilmar Abrego Garcia's criminal indictment and return from El Salvador, saying the timing of the criminal case in Tennessee didn't align with the administration's earlier declarations that he couldn't be returned to the U.S.

  • July 07, 2025

    Asset Manager's Suit Against Lowenstein Sandler Tossed

    A New York state judge has handed an early win to Lowenstein Sandler LLP against allegations it provided faulty advice in a client's bankruptcy, finding the asset manager that brought the suit was simply attempting "to shift the financial cost of the troubled company's failed business from its owners to its lawyers."

  • July 07, 2025

    Lindberg Victims May See $318M Restitution From Asset Sale

    The special master who is untangling convicted billionaire Greg Lindberg's web of companies wants to dole out roughly $318 million in restitution from the sale of one of the mogul's most valuable assets to the insurance companies he is accused of defrauding, court records show.

  • July 07, 2025

    Arnold & Porter Adds Biden DOJ Official To DC Team

    A former third-ranking official at the U.S. Department of Justice, who also held top positions in the Office of Personnel Management and served as solicitor general in his home state of Ohio, has joined Arnold & Porter Kaye Scholer LLP in Washington, D.C., the firm announced Monday.

Expert Analysis

  • Series

    Law School's Missed Lessons: Supporting A Trial Team

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    While students often practice as lead trial attorneys in law school, such an opportunity likely won’t arise until a few years into practice, so junior associates should focus on honing skills that are essential to supporting a trial team, including organization, adaptability and humility, says Lucy Zelina at Tucker Ellis.

  • 7 D&O Coverage Areas To Assess As DOJ Targets DEI

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    Companies that receive federal funds or have the remnants of a diversity, equity and inclusion program should review their directors and officers liability insurance policies ahead of a major shift in how the U.S. Department of Justice enforces the False Claims Act, says Bill Wagner at Taft.

  • CFPB Industry Impact Uncertain Amid Priority Shift, Staff Cuts

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    A recent enforcement memo outlines how the Consumer Financial Protection Bureau's regulatory agenda diverges from that of the previous administration, but, given the bureau's planned reduction in force, it is uncertain whether the agency will be able to enforce these new priorities, say attorneys at Troutman Pepper.

  • Compliance Essentials To Mitigate AI Crime Enforcement Risk

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    As artificial intelligence systems move closer to accurately mimicking human decision-making, companies must understand how the U.S. Department of Justice might prosecute them for crimes committed by AI tools — and how to mitigate enforcement risks, say attorneys at Paul Hastings.

  • Series

    Adapting To Private Practice: From US Attorney To BigLaw

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    When I transitioned to private practice after government service — most recently as the U.S. attorney for the Eastern District of Virginia — I learned there are more similarities between the two jobs than many realize, with both disciplines requiring resourcefulness, zealous advocacy and foresight, says Zach Terwilliger at V&E.

  • How The DOJ Is Redesigning Its Approach To Digital Assets

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    Two key digital asset enforcement policy pronouncements narrow the Justice Department's focus on threats like fraud, terrorism, trafficking and sanctions evasion and dial back so-called regulation by prosecution, but institutions prioritizing compliance must remember that the underlying statutory framework hasn't changed, say attorneys at Blank Rome.

  • At 'SEC Speaks,' Leaders Frame New Views

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    At the Practising Law Institute's recent SEC Speaks conference, U.S. Securities and Exchange Commission leadership highlighted the agency's significant priority changes, including in enforcement, crypto and artificial intelligence, say attorneys at Perkins Coie.

  • Measuring The Impact Of Attorney Gender On Trial Outcomes

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    Preliminary findings from our recent study on how attorney gender might affect case outcomes support the conclusion that there is little in the way of a clear, universal bias against attorneys of a given gender, say Jill Leibold, Olivia Goodman and Alexa Hiley at IMS Legal Strategies.

  • The Ins And Outs Of Consensual Judicial References

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    As parties consider the possibility of judicial reference to resolve complex disputes, it is critical to understand how the process works, why it's gaining traction, and why carefully crafted agreements make all the difference, say attorneys at Pillsbury.

  • Staying The Course Amid Seismic DOJ White Collar Changes

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    While some of the big changes at the U.S. Department of Justice during the second Trump administration — like an embrace of cryptocurrency and more politicized prosecutions — were expected, there have also been surprises, so practitioners should advise clients to stay focused on white collar compliance in this unpredictable environment, say attorneys at Keker.

  • Opinion

    The BigLaw Settlements Are About Risk, Not Profit

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    The nine Am Law 100 firms that settled with the Trump administration likely did so because of the personal risk faced by equity partners in today's billion‑dollar national practices, enabled by an ethics rule primed for modernization, says Adam Forest at Scale.

  • DOJ Could Target Journalists Under Media Policy Reversion

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    The U.S. Department of Justice's recently announced media policy largely mirrors policies in effect from 2014 to 2020, but ambiguities in key statutory terms could allow the administration to apply it to journalists in new ways and expand investigations beyond leaks of classified information, says Julie Edelstein at Wiggin.

  • State Tort Claims May Help Deter Bribes During FCPA Pause

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    As the U.S. pauses Foreign Corrupt Practices Act enforcement, companies that lose business due to competitors' bribery should consider using state tortious interference suits to expose corruption, deter illegal practices and obtain compensation for commercial losses, says Jason Manning at Levy Firestone.

  • Series

    Brazilian Jiujitsu Makes Me A Better Lawyer

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    Competing in Brazilian jiujitsu – often against opponents who are much larger and younger than me – has allowed me to develop a handful of useful skills that foster the resilience and adaptability necessary for a successful legal career, says Tina Dorr of Barnes & Thornburg.

  • Oft-Forgotten Evidence Rule Can Be Powerful Trial Tool

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    Rule 608 may be one of the most overlooked provisions in the Federal Rules of Evidence, but as a transformative tool that allows attorneys to attack a witness's character for truthfulness through opinion or reputation testimony, its potential to reshape a case cannot be overstated, says Marian Braccia at Temple University Beasley School of Law.

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