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White Collar
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July 25, 2025
Sports & Betting Cases To Watch In The Second Half Of 2025
Certain court cases have become staples on both the midyear and end-of-year must-watch lists in sports and betting at Law360. One that seemed best positioned to finally fall off the list, as it turns out, is far from over: the multibillion-dollar NCAA settlement regarding name, image and likeness payments and revenue sharing with hundreds of thousands of college athletes. A handful of other suits from past years will also continue to bear watching through the end of 2025.
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July 25, 2025
Abrego Garcia Says DHS Keeps On Tainting Jury Pool
Mistakenly deported Salvadoran Kilmar Abrego Garcia told a Tennessee federal judge for the second time this week that Trump administration officials keep making "inflammatory" public statements that threaten his right to a fair trial for human trafficking charges.
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July 25, 2025
Ex-Credit Suisse Client Gets 2½ Years For Hiding Assets
A Florida federal judge on Friday sentenced a Colombian-American businesswoman and former Credit Suisse client to two and a half years in prison for conspiring with family members to hide more than $90 million in assets from the IRS through a series of foreign bank accounts.
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July 25, 2025
FCC Won't Waive Surety Bond For NGSO Satellites
The Federal Communications Commission said it won't waive surety bond requirements for the satellite license of an aerospace startup at the center of an alleged $250 million fraud scandal, rendering the license void since last year.
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July 25, 2025
Chase, Other Banks To Pay $3.75M To End Crypto Ponzi Suit
JPMorgan Chase and other financial firms have agreed to pay a combined $3.75 million to settle claims they helped funnel investor cash into a cryptocurrency-linked Ponzi scheme run by a man who was slapped with a $231 million court judgment last year over the fraud.
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July 25, 2025
Epic Defends Apple Antitrust Injunction After Birthright Ruling
Epic Games has told the Ninth Circuit the U.S. Supreme Court's recent ruling in litigation challenging President Donald Trump's birthright citizenship executive order should not affect a nationwide injunction and civil contempt order issued in its antitrust case over Apple's App Store policies, arguing Apple misread the high court's precedent.
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July 25, 2025
Dentons Stalling Discovery In Terraform Ch. 11, Court Told
The bankruptcy plan administrator for failed cryptocurrency platform Terraform Labs has accused Dentons US LLP of blocking his discovery requests in an attempt to secure final approval of some $25 million in fees, saying the law firm is seeking to "run out the clock" to dodge an investigation into its role in Terraform's collapse.
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July 25, 2025
Feds Sell Fugitive Trader's $7M Mansion Decade After Charges
Massachusetts federal prosecutors said Friday that they have sold a $7.5 million mansion that belonged to a fugitive trader who was charged in 2015 with funneling $67 million in assets from his employer to himself.
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July 25, 2025
Rising Star: Cohen & Gresser's Vincent Desry
Vincent Desry of Cohen & Gresser LLP had such a strong courtroom presence at a relatively young age that former French President Nicolas Sarkozy hired Desry to be his attorney for the appeal of a criminal conviction on illegal campaign funding charges, one of several high-profile achievements earning him a spot among the white collar law practitioners under 40 honored by Law360 as Rising Stars.
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July 25, 2025
Ballard Spahr Atty To Co-Chair Buchalter State AG Group
Buchalter PC announced Thursday that it has hired a former Ballard Spahr LLP partner as a shareholder in its white collar and investigations group who will also co-chair its state attorneys general group.
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July 25, 2025
Former Jan. 6 Prosecutor, 2 Other Ex-DOJ Employees File Suit
A former assistant U.S. attorney who prosecuted defendants charged in connection with the Jan. 6, 2021, attack on the U.S. Capitol has filed a federal lawsuit along with two other ex-Department of Justice employees alleging they were unlawfully fired.
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July 25, 2025
Boston Atty To Cop To Stealing $2M From Clients
A Boston lawyer will plead guilty to stealing more than $2 million from clients and may face more than four years in prison per the terms of his plea deal, Massachusetts federal prosecutors announced.
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July 25, 2025
Will Tom Girardi's Wardrobe Mishap Help His Appeal?
When legendary attorney Tom Girardi's pants fell down as he finished testifying in his defense, the judge had to decide: Was this a desperate bid to feign incompetence and avoid prison for stealing client funds, or just an accident by an 86-year-old man with dementia? And if it really was an accident, does it now give Girardi a shot at winning his appeal and overturning his sentence?
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July 25, 2025
4th Circ. Backs Maryland Contractor's Fraud Conviction
A Fourth Circuit panel affirmed a Maryland man's conviction and 45-month prison sentence for selling misrepresented video teleconference equipment and related services to the U.S. government, rejecting his challenges to a jury instruction and sentence enhancement.
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July 25, 2025
Judges Solidify Boutros As Chicago's Top Federal Prosecutor
The Northern District of Illinois' acting U.S. attorney is set to continue the job full time after judges in the district voted to appoint him to the role.
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July 24, 2025
Feds Rest Crypto Laundering Case Against Tornado Founder
Manhattan federal prosecutors on Thursday rested their case against Tornado Cash founder Roman Storm, who's accused of scheming to launder more than $1 billion in proceeds from criminal activity through the cryptocurrency tumbler and conspiring to evade U.S. sanctions on North Korea.
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July 24, 2025
NJ Atty To Pay SEC Fine Over Alleged Prime Bank Fraud Role
A New Jersey attorney and a California man will pay the U.S. Securities and Exchange Commission a total of $134,000 as part of agreements to resolve the regulator's allegations they helped bilk an older couple out of over $150,000 through a so-called prime bank scheme.
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July 24, 2025
5th Circ. Loath To Say Guilty Plea Implicated Brother In Fraud
A Fifth Circuit panel seemed skeptical of a convicted Dallas fraudster's argument that the jury's learning of his brother's guilty plea in a conspiracy indictment tainted his own case, asking during oral arguments on Thursday how the guilty plea directly implicated him.
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July 24, 2025
Alina Habba Says She Is Now Acting US Atty In NJ
Alina Habba posted on social media Thursday that she is now the acting U.S. attorney for the District of New Jersey, two days after the federal district court declined to extend her tenure in the interim position.
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July 24, 2025
UnitedHealth Discloses DOJ Medicare Civil, Criminal Probes
UnitedHealth Group Inc. has disclosed that it is complying with formal criminal and civil requests from the U.S. Department of Justice, following media reports about investigations into aspects of the insurance giant's participation in Medicare.
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July 24, 2025
SEC Escapes Atty Fee Bid After Rare In-House Loss
The U.S. Securities and Exchange Commission will not have to reimburse a Michigan-based company that spent four years fighting to have a trading suspension lifted, an administrative law judge has ruled, though he said the case raised "serious questions" about the agency's process for obtaining such suspensions.
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July 24, 2025
Equitrans Charged Over 2-Week Gas Leak In Pennsylvania
Pennsylvania Attorney General Dave Sunday on Thursday charged energy company Equitrans LP with failing to properly maintain a facility where natural gas leaked for 14 days into the air, ground and water, contaminating the nearby area and several neighboring states.
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July 24, 2025
Madigan Confidant Gets 2 Years For Role In ComEd Bribery
An Illinois federal judge sentenced a lobbyist for Commonwealth Edison to two years in prison Thursday for his role in forging a "crucial connection" between the utility and his longtime friend, former Illinois House Speaker Michael Madigan, and acting as Madigan's mouthpiece in a scheme to illegally influence the powerful politician to support ComEd's legislative agenda.
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July 24, 2025
Florida Man Gets 14 Years For $78M Drug Diversion Scheme
The purported leader of a Florida-based operation that diverted $78 million in pharmaceutical drugs was sentenced to more than a decade in federal prison after pleading guilty to conspiracy-related charges in connection with illegally purchasing medications meant for HIV or cancer and reselling them as legitimately obtained products.
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July 24, 2025
NJ Attys Warn RICO Case Revival Would 'Chill' Lawyering
The New Jersey State Bar Association told a Garden State appellate court that lawyers across the state will be chilled from zealously advocating for their clients if it revives the state's racketeering indictment against two politically connected attorneys, making it the second attorney advocacy group to file a proposed amicus curiae brief in the case.
Expert Analysis
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Strategies To Help Witnesses Manage Deposition Anxiety
During and leading up to deposition, witnesses may experience anxiety stemming from numerous sources and manifesting in a variety of ways, but attorneys can help them mitigate their stress using a few key methods, say consultants at Courtroom Sciences.
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Opinion
The SEC Must Protect Its Best Tool For Discovering Fraud
By eliminating the consolidated audit trail's collection of most retail customer information, the U.S. Securities and Exchange Commission may squander a once-in-a-generation opportunity to deter securities market fraud and abuse, something new Chair Paul Atkins must ensure doesn't happen, says former SEC data strategist Hugh Beck.
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A Cold War-Era History Lesson On Due Process
The landmark Harry Bridges case from the mid-20th century Red Scare offers important insights on why lawyers must be free of government reprisal, no matter who their client is, says Peter Afrasiabi at One LLP.
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How Latin American Finance Markets May Shift Under Trump
Changes in the federal government are bringing profound implications for Latin American financial institutions and cross-border financing, including increased competition from U.S. banks, volatility in equity markets and stable green investor demand despite deregulation in the U.S., says David Contreiras Tyler at Womble Bond.
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Series
Improv Makes Me A Better Lawyer
Improv keeps me grounded and connected to what matters most, including in my legal career where it has helped me to maintain a balance between being analytical, precise and professional, and creative, authentic and open-minded, says Justine Gottshall at InfoLawGroup.
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How BigLaw Executive Orders May Affect Smaller Firms
Because of the types of cases they take on, solo practitioners, small law firms and public interest attorneys may find themselves more dramatically affected by the collective impact of recent government action involving the legal industry than even the BigLaw firms named in the executive orders, says Reuben Guttman at Guttman Buschner.
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Opinion
Lawsuits Shouldn't Be Shadow Assets For Foreign Capital
Third-party litigation financing amplifies inefficiencies from litigation and facilitates national exposure to foreign influence in the U.S. justice system, so full disclosure of financing arrangements should be required as a matter of institutional integrity, says Roland Eisenhuth at the American Property Casualty Insurance Association.
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How To Accelerate Your Post-Attorney Career Transition
Professionals seeking to transition to nonattorney careers may encounter skepticism as nontraditional candidates, but there are opportunities for thought leadership and to leverage speaking and writing to accelerate a post-attorney career transition, say Janet Falk at Falk Communications and Evgeny Efremkin at Toronto Metropolitan University.
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Series
Law School's Missed Lessons: Be An Indispensable Associate
While law school teaches you to research, write and think critically, it often overlooks the professional skills you will need to make yourself an essential team player when transitioning from a summer to full-time associate, say attorneys at Stinson.
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NWSL's $5M Player Abuse Deal Shifts Standard For Employers
The National Women's Soccer League's recent $5 million settlement addressing players' abuse allegations sends a powerful message to leagues, entertainment entities and employers everywhere that employee safety, accountability and transparency are no longer optional, say attorneys at Michelman & Robinson.
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What 2nd Trump Admin Means For Ship Pollution Compliance
As the second Trump administration's civil and criminal enforcement policies take shape, the maritime industry must ensure it complies with both national and international obligations to prevent oil pollution from seagoing vessels — with preventive efforts and voluntary disclosures being some of the best options for mitigating risk, say attorneys at Holland & Knight.
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Series
Birding Makes Me A Better Lawyer
Observing and documenting birds in their natural habitats fosters patience, sharpens observational skills and provides moments of pure wonder — qualities that foster personal growth and enrich my legal career, says Allison Raley at Arnall Golden.
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What Pending FCPA Trials Suggest About DOJ Priorities
Following President Donald Trump's executive order in February instructing the U.S. Department of Justice to temporarily pause enforcement of the Foreign Corrupt Practices Act, developments surrounding five FCPA cases already set for trial provide a glimpse into how the DOJ is attempting to navigate the situation at hand, say attorneys at Covington.
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Series
Calif. Banking Brief: All The Notable Legal Updates In Q1
Among the most notable developments in California banking in the first quarter of the year, regulators and legislators issued regulations interpreting debt collection laws, stepped up enforcement actions, and expanded consumer protections for those affected by wildfires, says Stephen Britt at Severson & Werson.
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Series
Adapting To Private Practice: From DOJ Leadership To BigLaw
The move from government service to private practice can feel like changing one’s identity, but as someone who has left the U.S. Department of Justice twice, I’ve learned that a successful transition requires patience, effort and the realization that the rewards of practicing law don’t come from one particular position, says Richard Donoghue at Pillsbury.