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White Collar
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February 11, 2026
Paxful Sentenced To $4M Fine Over Compliance Failures
A California federal judge sentenced now-shuttered crypto exchange Paxful Holdings Inc. to a $4 million penalty in line with a December 2025 plea agreement that saw the firm cop to anti-money laundering failures that enabled illicit transfers of criminal proceeds.
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February 11, 2026
SEC's Atkins Says ESG Fund Names Rule Is Under Review
U.S. Securities and Exchange Commission Chairman Paul Atkins told Congress on Wednesday that he has directed staff to review a Biden-era rule aimed at preventing false advertising by funds marketed to eco-conscious investors, though he didn't detail what specific changes were under consideration.
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February 11, 2026
SEC Inks $150K Deal With Adviser In Cherry-Picking Case
The U.S. Securities and Exchange Commission has inked an approximately $150,000 settlement with an investment adviser and his employer over the regulator's accusations of illegal cherry-picking, voluntarily dismissing a parallel suit against the pair months before a trial was set to get underway.
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February 11, 2026
Shkreli Can't Add Wu-Tang Members To Fight With Crypto Co.
"Pharma Bro" Martin Shkreli can't drag two members of the Wu-Tang Clan hip-hop group into a suit brought by a crypto firm that claims Shkreli improperly retained copies of an album that it bought the rights to, a New York federal judge ruled on Wednesday.
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February 11, 2026
Egypt's 'Social Law' Doesn't Endorse Bribery, Jury Told
Attorneys for a former Corsa Coal executive on trial for allegedly passing bribes sought to undermine an expert witness's opinions that bribery was illegal in Egypt, confronting him with law review articles he'd written that said corruption was commonly accepted and had become the "social law."
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February 11, 2026
Bondi Touches On Judges, Fraud, Subpoenas At Fiery Hearing
Attorney General Pam Bondi opened her congressional testimony on Wednesday taking aim at "liberal activist judges," but the rest of the hearing was devoid of any discussion or questions on the Trump administration's combative relationship with a large portion of the federal bench.
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February 11, 2026
Atty Should Remain Jailed In Cyberstalking Case, Court Told
A Texas federal judge recommended the denial of a pretrial release of a jailed attorney accused of cyberstalking other attorneys at BigLaw firms, determining that she was unable to provide new information that would justify reconsidering the initial decision to detain her.
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February 11, 2026
7th Circ. Denies New Trial To Convicted Tax Preparer
A tax preparer convicted of filing false returns and stealing her grandmother's pension will not receive a new trial, the Seventh Circuit ruled, rejecting her argument that a lower court made a mistake in allowing her to represent herself.
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February 11, 2026
Latham Adds Kirkland, Winston & Strawn Litigators In Texas
Latham & Watkins LLP has strengthened its complex commercial litigation practice with two new partners in the Lone Star State, one arriving from Winston & Strawn LLP and the other coming aboard from Kirkland & Ellis LLP.
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February 11, 2026
Asphalt Cos. To Pay $30M To End FCA Testing Case
Two Ohio asphalt companies have agreed to pay a combined $30 million to resolve False Claims Act allegations that they submitted fraudulent testing data for federally funded highway projects, the U.S. Department of Justice announced Wednesday.
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February 11, 2026
Mass. AG Charges Medical Transport Co. With Billing Fraud
A nonemergency medical transportation provider and its former owner are facing criminal charges for allegedly billing Massachusetts' Medicaid program for tens of thousands of fake rides and laundering the proceeds to accounts in Uganda, according to a Wednesday announcement.
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February 11, 2026
Ex-Home Depot Exec Gets 3 Years For $2M Embezzlement
The former head of Home Depot's real estate tax division was sentenced Wednesday to more than three years in prison on federal mail fraud and money laundering charges after he pled guilty last year to embezzling just shy of $2 million from the home improvement giant.
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February 10, 2026
7th Circ. Mulls Taking Sides In Arbitration Enforcement Split
Seventh Circuit judges Tuesday debated a nationwide circuit split over who decides whether disputes belong in arbitration, seemingly leaning toward joining circuits that leave the question to courts instead of arbitrators.
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February 10, 2026
7th Circ. Mulls Outcome Health Execs' $1B Fraud Convictions
Seventh Circuit judges hearing former Outcome Health executives' challenge to a $1 billion fraud conviction seemed critical of the U.S. government's handling of the case on Tuesday as they questioned why its admitted asset over-restraint and introduction of certain grand jury statements should not require reversal.
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February 10, 2026
NY Judge Says Diddy Assault Claim Is Time-Barred
A Manhattan federal judge Tuesday tossed a lawsuit accusing Sean "Diddy" Combs of groping a man at a 2022 party, saying the sexual assault claim comes too late under New York law, but gave the plaintiff an opportunity to amend his suit despite expressing skepticism that it would be doable.
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February 10, 2026
Fulton Election Raid Relied On Trump Allies' Testimony
The FBI's raid last month on the election operations center in Fulton County, Georgia, was premised in part on a referral from a former campaign lawyer for President Donald Trump and the testimony of two Georgia elections officials whom Trump once called his "pitbulls," according to affidavits unsealed Tuesday.
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February 10, 2026
Tom Goldstein To Testify At Tax Trial Wednesday
SCOTUSblog co-founder Thomas Goldstein will take the stand in his tax fraud trial Wednesday, after the government rested its case with an IRS agent tallying up $3.6 million that she said went unreported on his 2016 tax return.
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February 10, 2026
From Prison, Bankman-Fried Requests New Trial
FTX founder Sam Bankman-Fried requested a new trial in a pro se motion made public on Tuesday that accused Manhattan federal prosecutors of leveraging "intimidation and threats to scare off defense witnesses" who he claims could have cast doubt on the government's narrative about the misappropriation of funds and insolvency that left customers unable to withdraw their funds from the crypto exchange.
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February 10, 2026
Former Teachers Union Leaders Get Prison For Stealing $2.6M
A Florida federal judge has sentenced the former president and vice president of a Jacksonville teachers union to prison for embezzling more than $2.6 million in union funds, the U.S. Department of Justice announced Tuesday.
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February 10, 2026
HSBC Ignored $8M Pig Butchering Scam Warnings, Suit Says
A retired anesthesiologist and his sons have sued HSBC's U.S. arm, accusing it of ignoring warning signs and allowing scammers to siphon more than $8 million from the elderly retiree's accounts through an international "romance pig butchering" fraud.
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February 10, 2026
Ex-DOJ Fraud Prosecutors Launch DC White Collar Boutique
Two former U.S. Department of Justice fraud prosecutors are opening their own Washington, D.C., boutique firm to represent clients in complex fraud and white collar cases, they said Tuesday.
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February 10, 2026
SafeMoon CEO Gets Over 8 Years For Crypto Investor Fraud
A Brooklyn federal judge on Tuesday sentenced the former CEO of SafeMoon to more than eight years in prison, following his conviction at trial of conspiring to defraud investors out of millions of dollars by lying to them about how the cryptocurrency firm used their funds.
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February 10, 2026
Feds Say 50 Cent's Liquor Boss Violated Fraud Plea Deal
Federal prosecutors said a former executive at rapper Curtis "50 Cent" Jackson's liquor brand violated a fraud plea agreement by requesting a sentence of one year in home confinement, arguing he had already agreed to spend more than two years behind bars.
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February 10, 2026
Feds Argue Russian Billionaire Lacks Yacht Ownership
The U.S. Department of Justice urged the Second Circuit to affirm a district court decision that authorized the United States to sell a Russian billionaire's seized superyacht, arguing he can't suffer the loss of something he barely owns.
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February 10, 2026
'Pig Butchering' Fugitive Gets 20 Years For $73M Crypto Scam
A dual citizen of China and Saint Kitts and Nevis was sentenced in absentia to 20 years in prison and three years supervised release for his role in an international money laundering scheme that laundered over $73 million worth of criminal proceeds obtained through so-called "pig butchering" cryptocurrency investment scams.
Expert Analysis
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How Selig May Approach CFTC Agricultural Enforcement
As the U.S. Commodity Futures Trading Commission begins a new chapter under recently confirmed Chairman Michael Selig's leadership, a look back at the agency's actions in agricultural markets over the past six years sheds light on what may lie ahead for enforcement in the area, say attorneys at Latham.
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Traditional FCA Enforcement Surges Amid Shifting Priorities
The U.S. Department of Justice’s January report on False Claims Act enforcement in fiscal year 2025 reveals that while the administration signaled its intent to expand FCA enforcement into new areas such as tariffs, for now the greatest exposure remains in traditional areas like healthcare — in which the risk is growing, say attorneys at Debevoise.
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How 2 Tech Statutes Are Being Applied To Agentic AI
The application of the Computer Fraud and Abuse Act and the California Invasion of Privacy Act to agentic artificial intelligence is still developing, but recent case law, like Amazon's lawsuit against Perplexity in California federal court, provides some initial guidance for companies developing or deploying these technologies, say attorneys at Weil.
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NYC Bar Opinion Warns Attys On Use Of AI Recording Tools
Attorneys who use artificial intelligence tools to record, transcribe and summarize conversations with clients should heed the New York City Bar Association’s recent opinion addressing the legal and ethical risks posed by such tools, and follow several best practices to avoid violating the Rules of Professional Conduct, say attorneys at Smith Gambrell.
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Series
The Biz Court Digest: Dispatches From Utah's Newest Court
While a robust body of law hasn't yet developed since the Utah Business and Chancery Court's founding in October 2024, the number of cases filed there has recently picked up, and its existence illustrates Utah's desire to be top of mind for businesses across the country, says Evan Strassberg at Michael Best.
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4 Quick Emotional Resets For Lawyers With Conflict Fatigue
Though the emotional wear and tear of legal work can trap attorneys in conflict fatigue — leaving them unable to shake off tense interactions or return to a calm baseline — simple therapeutic techniques for resetting the nervous system can help break the cycle, says Chantel Cohen at CWC Coaching & Therapy.
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3 Key Ohio Financial Services Developments From 2025
Ohio's banking and financial services sector saw particularly notable developments in 2025, including a significant Ohio Supreme Court decision on creditor disclosure duties to guarantors in Huntington National Bank v. Schneider, and some major proposed changes to the state's Homebuyer Plus program, says Alex Durst at Durst Kerridge.
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Keys To Effective Mental Health Mitigation In Sentencing
Instead of framing a defendant's mental health diagnoses as generalized grounds for leniency during sentencing, defense counsel should present them as objective clinical data that directly informs the risk assessment and rehabilitative questions judges are statutorily required to consider, say Joseph De Gregorio at JN Advisor and Richard Levitt at Levitt & Kaizer.
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Series
Playing Tennis Makes Me A Better Lawyer
An instinct to turn pain into purpose meant frequent trips to the tennis court, where learning to move ahead one point at a time was a lesson that also applied to the steep learning curve of patent prosecution law, says Daniel Henry at Marshall Gerstein.
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FTO Designations: Containing Foreign Firms' Legal Risks
Non-U.S. companies can contain legal risks related to foreign terrorist organizations by deliberately structuring operations to demonstrate that any interactions with cartel-affected environments are incidental, constrained and unrelated to advancing harm on the U.S., says David Raskin at Nardello & Co.
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Series
Judges On AI: How Judicial Use Informs Guardrails
U.S. Magistrate Judge Maritza Dominguez Braswell at the U.S. District Court for the District of Colorado discusses why having a sense of how generative AI tools behave, where they add value, where they introduce risk and how they are reshaping the practice of law is key for today's judges.
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Challenging Restitution Orders After Supreme Court Decision
The U.S. Supreme Court’s Ellingburg v. U.S. decision from last week, holding that mandatory restitution is a criminal punishment subject to the Sixth Amendment, means that all challenges to restitution are now fair game if the amount is not alleged in the indictment, say Mark Allenbaugh at SentencingStats.com and Doug Passon at Doug Passon Law.
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What US Cos. Must Know To Comply With Italy's AI Law
Italy's newly effective artificial intelligence law means U.S. companies operating in Italy or serving Italian customers must now meet EU AI Act obligations as well as Italy-specific requirements, including immediately enforceable criminal penalties, designated national authorities and sector-specific mandates, say attorneys at Portolano Cavallo.
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Justices' Double Jeopardy Ruling May Limit Charge-Stacking
The U.S. Supreme Court’s recent holding in Barrett v. U.S. that the double jeopardy clause bars separate convictions for the same act under two related firearms laws places meaningful limits on the broader practice of stacking charges, a reminder that overlapping statutes present prosecutors with a menu, not a buffet, says attorney David Tarras.
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Cybersecurity Must Remain Financial Sector's Focus In 2026
In 2026, financial institutions face a wave of more prescriptive cybersecurity legal requirements demanding clearer governance, faster incident reporting, and stronger oversight of third-party and AI-driven risks, making it crucial to understand these issues before they materialize into crises, say attorneys at Sidley.