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White Collar
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February 17, 2026
Wash. Bank Ignored Ponzi Scheme Warnings, Investors Say
Investors have urged a Washington federal judge not to toss their suit accusing Columbia Bank of keeping a real estate investment firm's $230 million Ponzi scheme afloat by maintaining the enterprise's accounts even when evidence of fraud surfaced, arguing there is ample factual evidence showing that the bank knew about the scheme and assisted in it.
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February 17, 2026
CFTC Lands $1.3M Settlement In Immigrant Fraud Case
The Commodity Futures Trading Commission has reached a $1.3 million settlement with the operator of an unlicensed commodity pool who allegedly targeted dozens of Spanish-speaking immigrants in a $1.5 million Ponzi-like scheme that used a fictitious license containing a counterfeit CFTC seal and a forged commissioner's signature to falsely promise investors guaranteed monthly returns.
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February 17, 2026
Coal Exec 'Had No Ability' To OK Paying Bribes, Jury Told
A former coal executive's defense in a Foreign Corrupt Practices Act case could hinge on whether a jury believes a law professor's opinion that the Al Nasr Co. for Coke and Chemicals was officially owned by the Egyptian government and whether the executive "authorized" payments allegedly used to bribe Al Nasr officials, according to closing arguments in a federal trial Tuesday.
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February 17, 2026
AG Ends Pursuit Of RICO Case Against NJ Power Broker
The New Jersey Attorney General's Office said Tuesday that it will not take its criminal racketeering case against South Jersey power broker George E. Norcross III to the state high court, effectively ending its prosecution of him and his associates.
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February 13, 2026
MLB Pitcher Sent 'Coded' Texts For Rigged Pitches, Feds Say
New details in a case accusing two Cleveland Guardians pitchers of rigging pitches in exchange for bribes reveal poultry-themed "coded" messages ahead of pitches by All-Star closer Emmanuel Clase, including with an associate who prosecutors claim later lied to FBI agents about his knowledge.
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February 13, 2026
FTC's Agent Probe Reveals Latest NCAA Growing Pains
The NCAA's decision to allow college athletes to earn marketing and advertising dollars has the organization preparing for yet another sea change: a potential heavier hand from the government in its effort to police predatory sports agents.
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February 13, 2026
Crypto CEO Gets 20 Years For $200M Bitcoin Ponzi Scheme
The CEO of a cryptocurrency trading company will serve 20 years for his role in a $200 million Ponzi scheme that federal prosecutors said defrauded more than 90,000 investors worldwide, a sentence the CEO claims is too long given his life expectancy.
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February 13, 2026
FinCEN Opens Online Portal For Whistleblower Tips
An enforcement arm of the U.S. Treasury Department on Friday launched a webpage for confidential whistleblower tips on fraud, money laundering and sanctions violations, touting financial awards for eligible tips.
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February 13, 2026
Full 4th Circ. Asked To Rethink Visa Fraud Conviction
An immigration consultant who was found guilty of visa fraud based on optional documents he submitted as part of an immigration application has asked the full Fourth Circuit for a review of its panel's decision upholding a jury's conviction.
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February 13, 2026
5 Cattle Trading Co. Workers Charged In $220M Fraud Scheme
Five employees of a defunct cattle trading company were charged in Texas federal court with defrauding over 2,000 victims in a $220 million Ponzi-like scheme where they falsely promised to spend investor money on raising cattle but used it to pay off prior investors, loans and personal expenses.
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February 13, 2026
Suspect In Labor Scheme Probed By IRS Must Stay In Custody
A self-proclaimed religious leader accused of orchestrating a sweeping forced-labor scheme investigated by the Internal Revenue Service must stay behind bars while he awaits trial, a Michigan federal judge decided Friday after privately reviewing more than 150 pages of victims' statements.
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February 13, 2026
FinCEN Eases Beneficial Owner ID Rules For Banks
The U.S. Treasury Department's Financial Crimes Enforcement Network announced Friday that banks are excepted from certain aspects of the agency's customer due diligence rules, including the requirement to repeatedly identify the beneficial owners of existing corporate account holders.
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February 13, 2026
UK Litigation Roundup: Here's What You Missed In London
This past week in London has seen a former U.S. defense contractor convicted of tax evasion face legal action, French football club Olympique Lyonnais sued following a $97 million ruling against its owner John Textor, consulting giant Kroll targeted by a South African airline, and H&M hit with a claim alleging it copied protected sunglasses designs. Here, Law360 looks at these and other new claims in the U.K.
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February 12, 2026
Skyline CEO Indicted Over Alleged Lies About AI, Other Tech
The CEO of Skyline Technologies has been indicted on charges that he defrauded investors out of more than $1 million, including by allegedly lying that the company was developing an AI trading product that would guarantee annual investment returns up to 22 percent, the New Jersey Attorney General's Office announced on Thursday.
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February 12, 2026
Affairs, Spending Come Out In Goldstein Cross-Examination
SCOTUSblog founder Thomas Goldstein was confronted Thursday with allegations of extramarital affairs, lavish spending and lies on asset disclosures, all in front of the jury in his ongoing tax fraud trial.
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February 12, 2026
Restaurant Group Alleges Ex-GC Embezzled, Shared Secrets
The former general counsel of a restaurant group behind Casa Madera in West Hollywood charged luxury items and anti-aging treatments to his company credit card in a $250,000 embezzlement scheme and released privileged company information when he was fired, according to a lawsuit filed Wednesday in Nevada federal court.
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February 12, 2026
Feds Charge 2 Foreign Nationals Over $10M Healthcare Fraud
Federal officials in Chicago announced healthcare fraud charges Thursday against two natives of Pakistan who allegedly made $10 million by using fake medical companies to submit Medicare and other health benefit claims for items and services they never provided.
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February 12, 2026
Law Firm Shouldn't Have To Give Up 1MDB Docs, Judge Says
A federal magistrate judge has recommended denying former Malaysian Prime Minister Najib Razak's bid to obtain discovery from a Manhattan law firm in connection with his efforts to challenge his conviction in Malaysia, finding that the request would impose an "enormous" burden on defense counsel involved in the prosecution of the 1MDB bond bribery scandal.
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February 12, 2026
Chancery Mulls Contempt For Co. Refusing Legal Fee Demand
A request for a Court of Chancery contempt sanctioning of "smart" glass-maker View Inc. for failure to pay millions in legal fee advancements sought by its former chief financial officer went to a Delaware Magistrate in Chancery for a ruling Thursday, with decisions affecting the cost pending in multiple courts.
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February 12, 2026
Row Over Forensic Expert Testimony Hits NC High Court
Prosecutors are urging North Carolina's highest court to uphold a drug conviction thrown out on appeal, saying an appellate court deemed a key forensic expert's trial testimony unconstitutional using a flawed interpretation of the U.S. Supreme Court's 2024 decision in Smith v. Arizona.
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February 12, 2026
Top SEC Enforcer Sees Fewer Cases Over Common Violations
The U.S. Securities and Exchange Commission's enforcement chief says she is confident that many violations of federal securities laws concerning requirements for reporting, recordkeeping and internal accounting should not result in agency enforcement actions.
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February 12, 2026
Bipartisan Bill Targets Scam Ads On Social Media Platforms
Federal lawmakers are pushing to require social media companies to crack down on fraudulent advertising on their platforms under new bipartisan legislation that is drawing praise from banking and consumer groups.
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February 12, 2026
Symetra Settles AME Church Retirees' Mismanagement Suit
Symetra Life Insurance Co. has agreed to settle claims in a multidistrict litigation from a class of African Methodist Episcopal Church workers who alleged that mismanagement of their annuity retirement plan allowed a rogue employee to embezzle $90 million, although the agreement doesn't resolve the insurers' cross-claims against the church.
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February 12, 2026
Mass. US Atty Calls ICE Criticism 'Hyperbole,' Praises Agents
Massachusetts U.S. Attorney Leah B. Foley said Thursday that criticism of U.S. Immigration and Customs Enforcement by state and local officials and a lack of cooperation with federal agents is to blame for "chaos in the streets," as she forcefully defended the Trump administration's policies.
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February 12, 2026
Coal Exec Used 'Mr. Yen' To Talk Kickbacks, FBI Testifies
A former Corsa Coal Corp. executive exchanged messages with a sales agent in Egypt that appeared to reference splits of sales commissions among officials at the Al Nasr Co. for Coal and Coke, and used coded phrases like "meet Mr. Yen" to discuss sending money as kickbacks, an FBI agent told a Pittsburgh federal jury Thursday.
Expert Analysis
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2025 Brought A New Paradigm For Federal Banking Regulation
A series of thematic shifts defined banking regulation in 2025, including a fundamental reform of prudential supervision, a strategic easing of capital constraints, steps to streamline merger reviews, and a new framework for fair access and entrants seeking to offer banking services, say attorneys at Simpson Thacher.
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Series
Law School's Missed Lessons: Practical Problem Solving
Issue-spotting skills are well honed in law school, but practicing attorneys must also identify clients’ problems and true goals, and then be able to provide solutions, says Mary Kate Hogan at Quarles & Brady.
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Crypto In 2025: From Federal Deregulation To State Action
The cryptocurrency enforcement landscape evolved in 2025, marked by federal deregulatory trends and active state attorney general enforcement, creating both opportunity and risk for businesses navigating the digital asset market, say attorneys at Cozen O'Connor.
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How CFTC Enforcement Shifted In 2025 And What's Next
The U.S. Commodity Futures Trading Commission pivoted sharply under acting Chairman Caroline Pham in 2025, resulting in a pared-back enforcement docket, sweeping policy changes intended to provide greater transparency, and a renewed focus on fraud prevention and maintaining market integrity for the CFTC's core markets, say attorneys at Moore & Van Allen.
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Reel Justice: 'The Mastermind' And Juror Decision-Making
The recent art heist film “The Mastermind” forces viewers to discern the protagonist’s ambiguous motives and reconcile contradictions, offering lessons for attorneys about how a well-crafted trial narrative can tap into the psychological phenomena underlying juror decision-making, says Veronica Finkelstein at Wilmington University.
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Learning From 2025 FCA Trends Targeting PE In Healthcare
False Claims Act enforcement trends and legislative developments from this year signal intensifying state and federal scrutiny of private equity's growing footprint in healthcare, and the urgency of compliance, says Lisa Re at Arnold & Porter.
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Opinion
A Uniform Federal Rule Would Curb Gen AI Missteps In Court
To address the patchwork of courts’ standing orders on generative artificial intelligence, curbing abuses and relieving the burden on judges, the federal judiciary should consider amending its civil procedure rules to require litigants to certify they’ve reviewed legal filings for accuracy, say attorneys at Shook Hardy.
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Calif. AG's No-Poach Case Reflects Tougher Antitrust Stance
This month, California’s attorney general resolved the latest enforcement action barring the use of no-poach agreements, underscoring an aggressive antitrust enforcement trend with significant increases in criminal and civil penalties, say attorneys at Pillsbury.
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3 Defense Strategies For Sporadically Prosecuted Conduct
Not to be confused with selective prosecutions, sporadic prosecutions — charging someone for conduct many others do without consequences — can be challenging to defend, but focusing on materiality, prosecutorial motivations and public opinion can be a winning strategy, says Jonathan Porter at Husch Blackwell.
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Series
The Law Firm Merger Diaries: Integrating Practice Groups
Enacting unified leadership and consistent client service standards ensures law firm practice groups connect and collaborate around shared goals, turning a law firm merger into a platform for growth rather than a period of disruption, says Brian Catlett at Fennemore Craig.
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Tapping Into Jurors' Moral Intuitions At Trial
Many jurors approach trials with foundational beliefs about fairness, harm and responsibility that shape how they view evidence and arguments, so attorneys must understand how to frame a case in a way that appeals to this type of moral reasoning, says Steve Wood at Courtroom Sciences.
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Opinion
Supreme Court Term Limits Would Carry Hidden Risk
While proposals for limiting the terms of U.S. Supreme Court justices are popular, a steady stream of relatively young, highly marketable ex-justices with unique knowledge and influence entering the marketplace of law and politics could create new problems, say Michael Broyde at Emory University and Hayden Hall at the U.S. Bankruptcy Court for the District of Delaware.
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Insuring Equality: 3 Tips To Preserve Coverage For DEI Claims
Directors and officers and employment practices liability are key coverages for policyholders to review as potentially responsive to the emerging liability threat of Trump's executive orders targeting corporate diversity, equity and inclusion policies and practices, says Micah Skidmore at Haynes Boone.
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The SEC Whistleblower Program A Year Into 2nd Trump Admin
The U.S. Securities and Exchange Commission's whistleblower program continues to operate as designed, but its internal cadence, scrutiny of claims and operational structure reflect a period of recalibration, with precision mattering more than ever, say attorneys Scott Silver and David Chase.
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Key Crypto Class Action Trends And Rulings In 2025
As the law continued to take shape in the growing area of crypto-assets, this year saw a jump in crypto class action litigation, including noteworthy decisions on motions to compel arbitration and class certification, according to Justin Donoho at Duane Morris.