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Latest News in White Collar
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August 13, 2026
The Seventh Circuit rejected trading firm Jump Trading LLC's bid to arbitrate a putative securities class action Thursday, finding that courts, not arbitrators, must decide whether disputes belong in arbitration when the parties haven't signed an arbitration agreement, furthering a circuit split and holding that "Jump must litigate."
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August 13, 2026
Following the expiration of a roughly 24-hour pause on the App Store dispute between Apple and Epic Games, Apple put a 15% commission on the table Thursday to try to comply with a mandate forcing it to dramatically cut what it charges for App Store sales.
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August 13, 2026
A New Jersey man has admitted to federal prosecutors that he used his standing within his Orthodox Jewish community to defraud investors out of more than $47 million with a Ponzi-like scheme and now faces a suit from the U.S. Securities and Exchange Commission over the conduct.
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August 13, 2026
Several insurance companies asked a North Carolina state appeals court to affirm a $467 million fraud damages award granted by a trial court against convicted insurance magnate Greg Lindberg and his private investment firm Global Growth Holdings, maintaining that Lindberg recycled "already rejected" arguments regarding the insurers' recovery.
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August 13, 2026
A Texas man pled guilty to conspiring to defraud the IRS by promoting and selling a fraudulent tax shelter in a scheme that resulted in a tax loss to the federal government of approximately $43 million, the U.S. Department of Justice said Thursday.
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