White Collar

  • July 25, 2017

    Italian In Click Scheme A 'Hacker And Thief,' Jury Told

    An Italian citizen who created a global network of hijacked computers to run an auto-click scheme defrauded online advertisers by exploiting a vulnerability in the storage servers of one of the world’s leading data storage manufacturers to launch the scheme, federal prosecutors told a jury Tuesday.

  • July 25, 2017

    Wis. Man Pleads Not Guilty To Trade Secrets Theft

    A Wisconsin man accused of stealing trade secrets from his longtime employer to bring to a new job in China pled not guilty in Illinois federal court on Tuesday to a 13-count indictment against him.

  • July 25, 2017

    'Mini-Madoff' Says 3-Year Sentence Would Be More Like It

    A 26-year-old Chicago man behind what federal prosecutors have called a “mini-Bernie Madoff scam” asked an Illinois federal court Monday for a 36-month prison sentence, saying the 70 to 87 months of incarceration recommended by federal sentencing guidelines reflects a “flawed analysis.”

  • July 25, 2017

    Ark. Man Pleads Guilty To Creating, Selling Malware

    An Arkansas man on Tuesday pled guilty to charges of aiding and abetting computer intrusions, admitting to developing and selling malware that allowed hackers to take control of a victim’s computer and licensing software that helped cybercriminals distribute their own malicious software.

  • July 25, 2017

    Shkreli Slams Katten Atty In Emails, As Trial Wraps Up

    Jurors in the securities fraud trial of Martin Shkreli on Tuesday heard from the last witness expected to be called in the case, and were shown a trove of emails showing the “pharma bro” berating his former Katten Muchin attorney and co-defendant as they discussed ways to pay off disgruntled investors.

  • July 25, 2017

    Caribbean Regulator Seeks Exit From Bank Raiding Suit

    A Caribbean financial regulator asked a New York bankruptcy court Monday to toss a suit alleging the regulator mismanaged the takeover of an Anguillan bank in the financial crisis' aftermath, accusing Caribbean Commercial Investment Bank Ltd. of forum shopping and saying the suit belongs in Anguillan court.

  • July 25, 2017

    Dallas Atty Facing Up To 10 Yrs In $22M Workers' Comp Scam

    A Dallas attorney who was indicted alongside four family members in September 2015 for allegedly perpetrating a scheme to collect more than $22 million in workers' compensation claims entered into an agreement with the government Monday and pled guilty to one count of conspiracy to commit health care fraud.

  • July 25, 2017

    Del. Chancellor Calls For New Derivative Case Dismissal Rule

    Delaware's chancellor on Tuesday recommended limiting the multi-jurisdictional reach of early decisions on derivative investor lawsuits until they survive initial dismissal challenges, citing similar rules for class lawsuits and saying the change would protect due process rights.

  • July 25, 2017

    Pa. Panel Bars Freeh-Report Notes In Paterno Estate Suit

    A Pennsylvania appeals court Tuesday reversed part of an order that forced the production of investigation documents underlying the "Freeh report" on the Jerry Sandusky child molestation scandal, in a lawsuit that former Penn State football coach Joe Paterno's estate brought and sought to discontinue.

  • July 25, 2017

    Genetics Prof Settles SEC's Intel Insider Trading Case

    A genetics professor at the Hebrew University of Jerusalem has agreed to pay nearly $854,000 to resolve the U.S. Securities and Exchange Commission’s suit alleging he engaged in insider trading before Intel Corp. announced its planned acquisition of automotive software maker Mobileye NV for $15.3 billion.

  • July 25, 2017

    Chinese Magnate Paid Bribes To Rise In Macau, Jury Told

    Real estate boss Ng Lap Seng greased the palms of two U.N. diplomats so he could supercharge his already high-flying life into one of “unbelievable fortune and fame” atop a luxe east Asian hub for diplomacy and commerce, prosecutors told Manhattan jurors Tuesday to close a lengthy bribery trial.

  • July 25, 2017

    Human Trafficking Underreported In Indian Country: GAO

    The U.S. Government Accountability Office on Monday released a report responsive to lawmakers’ request for information about human trafficking cases that occur in Indian Country or involve Native Americans, saying that almost half of surveyed tribal law enforcement agencies believe trafficking is underreported in their jurisdiction.

  • July 25, 2017

    Pump-And-Dump Orchestrator Ordered To Pay $9.2M To SEC

    The U.S. Securities and Exchange Commission announced Monday that it had obtained final judgment against a man accused of arranging a pump-and-dump stock manipulation scam involving Chimera Energy Corp., an action that enjoins him from violating certain securities law provisions and forces him to pay $9.2 million.

  • July 25, 2017

    VW Exec To Plead Guilty In Emissions Cover-Up Case

    A Volkswagen AG executive accused of aiding in a conspiracy to cover up a diesel emissions cheating scandal is set to enter a guilty plea before a Michigan federal judge next month, according to a Tuesday court order.

  • July 25, 2017

    Fla. Judge Slashes Suit Alleging Tricare False Claims Scam

    A Florida federal judge cited numerous deficiencies Monday in a False Claims Act suit alleging a nationwide scheme to defraud the federal Tricare health benefits program of hundreds of millions of dollars, slashing several counts and giving the would-be whistleblower limited opportunity to fix his claims.

  • July 25, 2017

    Ex-Adviser Cops To Trading Scheme With Ex-Hunton Atty

    A former investment adviser admitted in Brooklyn federal court on Tuesday that he schemed to trade on inside information that a convicted ex-Hunton & Williams LLP attorney gleaned from a pharmaceutical industry client.

  • July 25, 2017

    Former Fugitive Atty Pleads Not Guilty To Real Estate Scam

    A disbarred former Hunton & Williams LLP attorney who was on the run from authorities for 20 years pled not guilty Tuesday to wire fraud and identity theft in Boston federal court.

  • July 25, 2017

    Paul Hastings Atty Joins Latham's White Collar Team

    Latham & Watkins LLP has hired a Paul Hastings LLP attorney and former federal prosecutor who's experienced in defending health care, life sciences and pharmaceutical companies against white collar criminal investigations, Latham said Tuesday.

  • July 25, 2017

    Libor Trader Waives Conflict To Keep Paul Hastings Team

    A former Deutsche Bank AG trader accused of rigging the London Interbank Offered Rate told a New York federal judge on Tuesday that he wants to stick with his counsel from Paul Hastings LLP even though there may be a conflict that might limit his attorney’s ability to defend him.

  • July 25, 2017

    Manafort Subpoenaed For Testimony In Election Probe

    The leaders of the Senate Judiciary Committee have subpoenaed former Trump presidential campaign manager Paul Manafort to appear before the committee as part of a probe into attempts to influence U.S. elections, after failing to reach a deal on voluntary testimony, they announced Tuesday.

Expert Analysis

  • 2nd Circ. Libor Ruling Won’t Slow Cross-Border Enforcement

    Jason Linder

    Many commentators predict the Second Circuit's Allen decision last week will substantially chill the government's cross-border law enforcement efforts, but the truth is that the government won't have to make major changes to its increasingly robust coordination with foreign law enforcement to avoid similar problems in the future, say Jason Linder and John Long of Irell & Manella LLP.

  • 5 Questions Firms Should Ask When Evaluating Litigation AFA

    Gregory Lantier

    Law firm management should understand the client’s reasons for requesting an alternative fee arrangement, and whether approving the fee will help grow the relationship with the client, say attorneys with WilmerHale.

  • For Law Firm Offices, Business Savvy Is The New Cool

    Craig Braham

    Having embraced the notion that the right space can reinforce the right firm culture, law firm leaders have been evaluating real estate primarily for its physical properties. However, it's hard to be collegial, even in the coolest of in-house coffee bars, if your cost structure is untenable, says Craig Braham of Advocate Commercial Real Estate Advisors LLC.

  • Planning A Legal Career With A Future Relocation In Mind

    Jacqueline Bokser LeFebvre

    Lawyers move to New York City to work on some of the most sophisticated work the legal market has to offer. This exposure and experience is an amazing asset and many of the skills developed will make associates very marketable in the event they consider relocating to another market. However, this isn’t always the case, says Jacqueline Bokser LeFebvre of Major Lindsey & Africa.

  • 4 Female Perspectives On BigLaw Leadership

    Regina Pisa

    Only a handful of the largest U.S. law firms are led by women. Here, in their own words, are perspectives from Shook Hardy & Bacon Chair Madeleine McDonough, Crowell & Moring Chair Angela Styles, Morgan Lewis & Bockius Chair Jami Wintz McKeon and Goodwin Procter Chair Emeritus Regina Pisa.

  • OFAC Continues To Pursue Oil And Gas Companies

    Michael Casey

    The ExxonMobil penalty is the latest in a string of recent, increasingly aggressive U.S. Treasury Department Office of Foreign Assets Control enforcement actions targeting nonfinancial institutions and particularly entities operating in the oil and gas industry, say attorneys with Ropes & Gray LLP.

  • The Elephant In The Room: Advancing Women To Partnership

    Anusia Gillespie

    Despite more focus and investment, the numbers continue to show little progress in advancing women to the top tiers of firm leadership. Considering the irreversible nature of the transformation of the market for top talent, it is time to start experimenting and innovating from the core, rather than from the periphery, say Anusia Gillespie and Scott Westfahl of Harvard Law School.

  • How Midsize Law Firms Can Minimize Cybersecurity Threats

    K. Stefan Chin

    It can be challenging for midsize law firms to develop an enterprise cybersecurity program that mitigates the eminent threat of data breach and meets the regulatory and compliance requirements of the firm and its clients. This challenge becomes daunting when considering the steady rise in client audits, say K. Stefan Chin of Peckar & Abramson PC and John Sweeney of Logicforce.

  • Opinion

    The Remedy For Election Fraud Is A New Election

    Robert Klonoff

    Surprisingly, despite extensive media coverage of the Russia investigation, virtually no one has focused on the irrationality of allowing Vice President Pence to become president if the facts reveal that the election itself was fraudulent, says Robert Klonoff, a professor at Lewis & Clark Law School.

  • 2nd Circ. Libor Ruling Helps Subjects In Int'l Investigations

    Gregory O’Connell

    The Second Circuit's Allen decision Wednesday tilts the scales toward subjects and targets in multinational investigations. U.S. prosecutors could be forced to get involved in international investigations earlier than they might like, say Gregory O’Connell and Peter Sluka of De Feis O’Connell & Rose PC.