November 19, 2025
Pillsbury Winthrop Shaw Pittman LLP on Wednesday urged the Second Circuit to allow it to keep a $4 million advance payment retainer from the since-convicted former CEO of a bankrupt cybersecurity company, but the law firm conceded it should have clarified its rights after the government sought an asset freeze.
November 03, 2022
A Manhattan federal judge sentenced a Nevada programmer and former CEO to five years in prison Thursday for a "brash" course of lies and fraud while running a cyberfraud prevention startup that went bankrupt despite $123 million of investor backing.
January 15, 2021
A Nevada entrepreneur charged with looting $17 million from NS8 Inc., a cyberfraud protection company he founded, is considering a possible plea deal amid ongoing investigations by prosecutors and in bankruptcy court, a Manhattan federal judge heard Friday.
September 17, 2020
The founder and former CEO of a Las Vegas cyber fraud prevention company is facing charges of securities and wire fraud for allegedly falsifying bank statements by up to $60 million at a time to spur investors into providing $123 million in two funding rounds, according to federal prosecutors.