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White Collar
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January 14, 2026
Swedbank Says DOJ Has Closed AML Probe Without Action
Swedbank, one of the biggest banks serving Europe's Baltic region, said Wednesday that the U.S. Department of Justice has released it from a long-running anti-money-laundering-related investigation, removing another U.S. legal cloud hanging over the lender.
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January 14, 2026
Jury Seated In Goldstein Trial, Arguments To Start Thursday
A federal jury was seated in Thomas Goldstein's felony tax and mortgage fraud case Wednesday, but the government will wait until Thursday to begin making its case.
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January 14, 2026
Graham Blocks Bill To Repeal DOJ Lawsuit Provision
Sen. Gary Peters, D-Mich., tried and failed Wednesday to expedite the passage of a bill that would repeal a provision of the government funding package enacted in November that allows senators investigated by former special counsel Jack Smith to sue for damages.
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January 14, 2026
SEC To Lean On Congress As Defense In High Court Case
The U.S. Supreme Court is once again stepping into the debate over when the U.S. Securities and Exchange Commission can demand that alleged fraudsters give up ill-gotten gains, but this time the agency plans to argue a 2021 government spending bill should save it from further limits to its disgorgement powers.
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January 14, 2026
Miami Man Admits To $250K Zelle Scam In Connecticut
A Florida man has pled guilty to a conspiracy charge in Connecticut federal court over his role in scams that ripped off victims including Zelle users for more than $250,000, prosecutors said Wednesday.
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January 14, 2026
3rd Circ. Nixes Engineer's Plea For Sharing Navy Contract Info
In a precedential opinion Wednesday, a split Third Circuit panel ruled that a lower court should not have accepted the guilty plea of a Navy engineer charged with disclosing bid information related to a contract for submarine propeller machinery, holding that prosecutors based the plea deal on shaky legal ground.
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January 14, 2026
DOJ Asks To Drop Hung Counts In Ex-Gas Co. CFO's Tax Case
Federal prosecutors asked to drop most of the remaining charges against a Russian gas company's former chief financial officer who was convicted of other tax crimes after failing to secure unanimous support from a jury, according to documents filed in a Florida federal court.
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January 14, 2026
'The Work Has Changed': How White-Collar Attys Are Coping
The Trump administration's dramatic policy enforcement changes over the past year, along with turmoil and turnover at the U.S. Department of Justice, has tilted the white-collar world on its axis, forcing lawyers and firms to abruptly shift focus and expand their practices, sometimes beyond traditional white-collar criminal defense matters.
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January 14, 2026
2nd Circ. Suspects Forum Shopping In Credit Suisse Suit
Two Second Circuit judges Wednesday sounded inclined to uphold the dismissal of a breach of duty claim against Credit Suisse and others tied to its auditing firm, with one saying the decision to bring the stock-plunge case in New York "almost smacks of forum shopping."
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January 14, 2026
Wiley Adds Jan. 6 Prosecutor To White Collar Team In DC
Wiley Rein LLP has hired a former prosecutor with the U.S. Attorney's Office in Washington, D.C., who helped pursue the government's cases against individuals accused of storming the U.S. Capitol on Jan. 6, 2021, and members of the Proud Boys.
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January 14, 2026
NC Manager Gets 6 Years For Healthcare, Tax Scheme
The manager of a substance abuse treatment company who paid patients in gift cards was sentenced to six years in prison and ordered to pay more than $15 million in restitution to North Carolina Medicaid and the IRS, the U.S. Department of Justice said Wednesday.
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January 14, 2026
Trump, Co-Defendants Aim To Mute DA Willis On Fee Demands
President Donald Trump and others say that the Fulton County District Attorney's Office shouldn't be allowed to weigh in on their request for millions of dollars in legal fees after the district attorney's office was disqualified from the now-dropped election interference case.
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January 14, 2026
DOJ Calls On 3rd Circ. To Rethink Habba DQ Ruling
In a request for rehearing en banc filed Wednesday, the federal government asked the Third Circuit to reconsider its decision blocking Alina Habba from serving as acting U.S. attorney for New Jersey, saying the issue is "of exceptional importance."
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January 14, 2026
NY Man Gets 3 Years For Posing As Exec To Cash Tax Refund
A Massachusetts federal judge sentenced a New York man Wednesday to more than three years in prison for impersonating an executive of a real estate investment firm to cash the firm's tax refund of more than $800,000.
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January 14, 2026
Trump Renominates NY, Virginia US Attorneys
President Donald Trump is taking a second crack at securing his picks for federal prosecutors in districts where he previously failed to obtain U.S. Senate approval, including renominating Lindsey Halligan to the role of U.S. attorney for the Eastern District of Virginia, weeks after a federal judge ruled she was not lawfully serving.
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January 14, 2026
Disbarred Atty Wants Tax Loss Evidentiary Hearing Canceled
A disbarred attorney facing sentencing for evading taxes on more than $100 million in legal fees asked a Pennsylvania federal court Wednesday to cancel a next-day hearing in which the federal government plans to introduce new evidence and a witness regarding its tax losses.
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January 14, 2026
Wholesaler Admits To $2.5M Opioid Diversion Scheme
A Miami-based pharmaceutical wholesaler has signed on to a two-year deferred prosecution agreement with federal prosecutors over a charge that it knowingly diverted opioids to "pill mill" pharmacies, bringing in more than $2.5 million.
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January 14, 2026
Software Co. Loses Trade Secrets Appeal At 7th Circ.
The Seventh Circuit has refused to revive claims that an energy management services company stole trade secret information from an appointment booking software application and incorporated its features into a new platform.
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January 14, 2026
Pharma Co. Consultant Charged With Insider Trading
A New Jersey man is facing securities fraud charges after using his access to drug trial results for a Boston-area pharmaceutical company to make nearly $500,000 in profits, federal prosecutors say.
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January 13, 2026
Sen. Crypto Bill Tees Up DeFi, Stablecoin Yield For Key Hearing
The Senate Banking Committee's latest proposal to regulate crypto markets takes on issues like decentralized finance, stablecoin interest and customer protections not addressed in previous versions, but experts said the text is far from final and much is to be hammered out at a key hearing this week.
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January 13, 2026
Ex-CIA Analyst Says FARA Case Is Flawed, Unconstitutional
A former CIA analyst, White House official and foreign policy expert on Tuesday urged a Manhattan federal judge to throw out the criminal case accusing her of secretly acting as an agent of South Korea while in the United States, calling the charges defective and unconstitutional.
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January 13, 2026
Google Engineer Cut-And-Pasted To Evade Security, Jury Told
A Google security manager took the stand Tuesday in the criminal trial of an engineer accused of stealing artificial intelligence trade secrets, testifying that his investigation showed that Linwei Ding evaded Google's internal security systems by cutting and pasting the data in a way that stripped information identifying Google's authorship.
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January 13, 2026
SEC's Atkins Launches Review Of Corporate Disclosures Reg
U.S. Securities and Exchange Commission Chair Paul Atkins said Tuesday he has directed the Division of Corporation Finance to review the agency's broad regulation covering what qualitative information public companies should disclose in regulatory filings.
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January 13, 2026
NY Firm Challenges OFAC's $7M 'Death Sentence' Sanctions
A New York property management company has sued the Treasury's Office of Foreign Assets Control for imposing a "corporate death sentence" in the form of a more than $7 million fine over payments it received that were linked to a sanctioned Russian oligarch, arguing the fine is arbitrary and unjustifiable.
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January 13, 2026
No Jury Yet In Goldstein Trial, But Celeb Witnesses Possible
Day two of jury selection in Tom Goldstein's tax and mortgage fraud case wrapped without a jury being seated Tuesday, but did reveal that the government could call celebrities Tobey Maguire and Kevin Hart to the stand.
Expert Analysis
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Navigating The New Patchwork Of Foreign-Influence Laws
On top of existing federal regulations, an expanding wave of state legislation — placing new limits on foreign-funded political spending and new registration requirements for foreign agents — creates a confusing compliance backdrop for corporations that demands careful preplanning, say attorneys at BakerHostetler.
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AI Evidence Rule Tweaks Encourage Judicial Guardrails
Recent additions to a committee note on proposed Rule of Evidence 707 — governing evidence generated by artificial intelligence — seek to mitigate potential dangers that may arise once machine outputs are introduced at trial, encouraging judges to perform critical gatekeeping functions, say attorneys at Lankler Siffert & Wohl.
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Terrorist Label For Maduro Poses New Risks For US Firms
The State Department's recent designation of President Nicolás Maduro, and other Venezuelan government and military officials, as members of a foreign terrorist organization drastically increases the level of caution companies must exercise when doing business in the region to mitigate potential civil, criminal and regulatory risk, say attorneys at Freshfields.
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Series
The Law Firm Merger Diaries: Getting The Message Across
Communications and brand strategy during a law firm merger represent a crucial thread that runs through every stage of a combination and should include clear messaging, leverage modern marketing tools and embrace the chance to evolve, says Ashley Horne at Womble Bond.
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How High Court Could Upend Campaign Spending Rules
In National Republican Senatorial Committee v. Federal Election Commission, the U.S. Supreme Court will hear arguments about the constitutionality of coordinated party contribution spending caps, and its decision will have immediate practical effects just as the 2026 election gets underway, says Bill Powers at Spencer Fane.
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How Bank-Fintech Partnerships Changed In 2025
The 2025 transition to the Trump administration, augmented by the reversal of Chevron deference in 2024, has resulted in unprecedented shifts, and bank-fintech partnerships are no exception, with key changes affecting a number of areas including charters, regulatory oversight and anti-money laundering, say attorneys at K&L Gates.
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Opinion
Horizontal Stare Decisis Should Not Be Casually Discarded
Eliminating the so-called law of the circuit doctrine — as recently proposed by a Fifth Circuit judge, echoing Justice Neil Gorsuch’s concurrence in Loper Bright — would undermine public confidence in the judiciary’s independence and create costly uncertainty for litigants, says Lawrence Bluestone at Genova Burns.
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10 Commandments For Agentic AI Tools In The Legal Industry
Though agentic artificial intelligence has demonstrated significant promise for optimizing legal work, it presents numerous risks, so specific ethical obligations should be built into the knowledge base of every agentic AI tool used in the legal industry, says Steven Cordero at Akerman LLP.
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Series
Preaching Makes Me A Better Lawyer
Becoming a Gospel preacher has enhanced my success as a trial lawyer by teaching me the importance of credibility, relatability, persuasiveness and thorough preparation for my congregants, the same skills needed with judges and juries in the courtroom, says Reginald Harris at Stinson.
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Why Digital Asset Treasuries Are Drawing Regulator Concerns
Financial regulators’ recent focus on potential insider trading and investor risk at hundreds of publicly traded digital asset treasuries may have been summoned by how quickly this rapidly expanding market responds to asset allocation decisions, as well as variations in risk disclosure practices across the sector, say attorneys at The Brattle Group.
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How Unchecked AI Exposes Expert Opinions To Exclusion
A growing number of cases illustrate the potential for misuse of artificial intelligence tools by experts in litigation, resulting in reports with hallucinated information or unexplainable analysis, so to embrace the efficiencies AI tools introduce without falling victim to the risks, attorneys and experts should implement a few best practices, say attorneys at Willkie Farr.
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Minn. Financial Abuse Law Should Prompt Operational Review
A new Minnesota law targeting the financial exploitation of vulnerable adults with an order-for-protection mechanism will affect multiple functions across banking organizations, and in the time remaining in 2025, banks should take action to update any needed workflow and documentation protocols, say attorneys at Winthrop & Weinstine.
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SEC Penalties Trended Down In FY 2025, Offering 2026 Clues
The U.S. Securities and Exchange Commission's settled corporate penalties in fiscal year 2025 show a clear dividing line, as the largest penalties all came before Inauguration Day, a trend that may continue as the types of cases that lead to the biggest penalties seem to be no longer favored by the commissioners, say attorneys at Dentons.
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Series
Law School's Missed Lessons: Practicing Client-Led Litigation
New litigators can better help their corporate clients achieve their overall objectives when they move beyond simply fighting for legal victory to a client-led approach that resolves the legal dispute while balancing the company's competing out-of-court priorities, says Chelsea Ireland at Cohen Ziffer.
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A Primer On NYDFS' 3rd-Party Cybersecurity Guidance
The New York Department of Financial Services' recently released comprehensive guidance for registrants on managing cybersecurity risks associated with third-party service providers illustrates why proactive engagement by senior leadership, robust due diligence, strong contractual protections and ongoing oversight are essential to mitigating growing risks, say attorneys at McGuireWoods.