Try our Advanced Search for more refined results
White Collar
-
April 14, 2025
Ex-Allied Wallet Exec Seeks Trial Delay Amid Recusal Bid
A former executive of payment processing company Allied Wallet asked to pause his criminal bank fraud case Monday while a Massachusetts federal judge considers a recusal motion questioning his impartiality.
-
April 14, 2025
Ore. Ex-Official Alleges Improper Firing Over Whiskey Scandal
The former deputy director of Oregon's liquor and cannabis regulator has alleged in a lawsuit recently removed to federal court that he was wrongfully terminated in connection with a scandal in which agency officials were accused of pocketing rare whiskeys.
-
April 14, 2025
Conservative Lawyers Seek Ethics Probe Of DC US Attorney
A group of conservative lawyers and former prosecutors on Monday called for an attorney ethics investigation into President Donald Trump's nominee to be Washington, D.C.'s top federal prosecutor, saying the attorney has shown a "fundamental misunderstanding" of the role.
-
April 14, 2025
FTC Joins DOJ In Targeting Anticompetitive Regulations
The Federal Trade Commission launched a public inquiry Monday to look into reducing regulations that are hindering competition, following a similar move by the U.S. Department of Justice last month.
-
April 14, 2025
Estonians Flag 'Disturbing' Deportation Threat In Fraud Case
Two Estonian men who pled guilty in a case alleging they ran a $577 million cryptocurrency fraud scheme told a Washington federal judge they each received emails from the U.S. Department of Homeland Security telling them to leave the country despite being under court order to remain in the U.S.
-
April 11, 2025
Martial Arts Org., CEO Agree To Pay SEC More Than $1M
Xtreme Fighting Championships Inc. and its CEO have agreed to pay the U.S. Securities and Exchange Commission more than $1 million to resolve allegations that the executive and the martial arts organization raked in millions of dollars through illegal stock sales, according to proposed final judgments.
-
April 11, 2025
DOJ Issues Compliance Tips for New Data Security Program
The U.S. Department of Justice published tips Friday on complying with the new national data security program — which was created under the Biden administration and took effect April 8 — to prevent China, Russia, Iran and other foreign entities from exploiting Americans' sensitive personal data through commercial transactions.
-
April 11, 2025
Investors Claim $43M Fraud By Miami Adviser's Firms
More than three dozen investors have sued the companies connected to a former financial adviser in Miami state court over claims of fraud, alleging he squandered nearly $43 million to enrich himself and fund a Ponzi-like scheme.
-
April 11, 2025
SEC Taps 2 Agency Staffers For Senior Enforcement Roles
The former director of the U.S. Securities and Exchange Commission's Philadelphia office has been promoted to overseeing the agency's trial team while an adviser to acting SEC Chair Mark Uyeda has been given the role of associate director of enforcement, according to a pair of recent announcements.
-
April 11, 2025
Ill. Sen.'s Ex-Intern Thought He'd 'Eventually' Get Job For Pay
A former intern for whom federal prosecutors say an Illinois senator illegally solicited a job testified Friday that he received several payments despite performing no work for a red-light camera company executive who said he was getting the job as "an assist" to the senator.
-
April 11, 2025
Prosecutors Seek 18 Years For Ex-CFO's 'Extreme' $40M Fraud
The former Detroit Riverfront Conservancy CFO who pled guilty to embezzling about $40 million from the nonprofit spent the money on a lavish lifestyle as part of a crime "borne out of avarice so extreme that it remains difficult to fully grasp," federal prosecutors said in recommending an 18-year prison sentence.
-
April 11, 2025
Attorney Owners Of Pot Co. Accused Of $46M RICO Scheme
A Florida-based real estate lender is suing two attorneys with civil rights law firm Loevy & Loevy in New York federal court, alleging they engaged in racketeering in connection with more than $46 million in loans intended to fund cannabis facilities they own in Pennsylvania and New Jersey.
-
April 11, 2025
Feds To Try Coal Exec For Bribery Despite FCPA Freeze
Federal prosecutors in Pennsylvania said Friday that they plan to proceed with a case charging a coal executive with bribing foreign officials for business, after reviewing President Donald Trump's order that paused enforcement of the Foreign Corrupt Practices Act.
-
April 11, 2025
Crypto Firm To Pay SEC Fine Over False Client Claims
Cryptocurrency firm Nova Labs Inc. has agreed to pay $200,000 to settle a U.S. Securities and Exchange Commission lawsuit claiming it falsely touted client relationships with Nestle and other large businesses in an effort to sell crypto mining devices tied to the so-called Helium network.
-
April 11, 2025
Ill. Sens. OK Bill Nixing Pot Odor As Grounds For Car Search
Illinois lawmakers have advanced a bill that would ensure the smell of marijuana on its own does not allow law enforcement to search a vehicle.
-
April 11, 2025
Feds Seek Release Of Informant Who Falsely Accused Bidens
California federal prosecutors are seeking the release of a former FBI informant who is serving a six-year prison sentence for falsely telling agents that former President Joe Biden and his son Hunter Biden had accepted bribes from a Ukrainian energy company.
-
April 11, 2025
Fla. Pharmacy Pleads Guilty To Fraud Over Opioid OD Drug
A Florida-based pharmacy has agreed to plead guilty to healthcare fraud and to pay more than $1 million to settle civil claims it submitted false authorizations for an expensive opioid overdose treatment to federal insurers.
-
April 11, 2025
Prison Reform Advocate Can Sue Over Access To Inmates
A D.C. federal judge ruled on Friday that a prison reform advocate can largely proceed with a suit accusing the Federal Bureau of Prisons of illegally blocking her from exchanging messages with inmates as part of an alleged campaign to stifle her work.
-
April 11, 2025
Family Should Face Charges In $81M Tax Scheme, US Says
The U.S. government urged a New York federal court not to trim its complaint against the former shareholders of a family holding company accused of participating in an $81 million tax scheme, saying the family illegally avoided paying capital gains on its sale of the company.
-
April 11, 2025
NFT Owner Admits To Dodging Tax On Crypto Art Sales
A Pennsylvania man pled guilty to filing false tax returns and underreporting his income by $13.1 million after selling 97 nonfungible token artworks, federal prosecutors said Friday.
-
April 11, 2025
Miami Art Dealer Arrested, Accused Of Selling Fake Warhols
A Miami art dealer was charged in Florida federal court for allegedly selling fake Andy Warhol artwork to his gallery clients, the U.S. Attorney's Office for the Southern District of Florida announced Thursday.
-
April 11, 2025
3 Convicted Of Driving €24M Car Sales VAT Fraud Ring
A German court convicted and sentenced three ringleaders of a value-added tax fraud scheme that used a series of shell companies and fake invoices to dodge €24 million ($27 million) in owed value-added taxes, the European Public Prosecutor's Office said Friday.
-
April 11, 2025
Did DOJ Bless A Crypto Free-For-All? Think Again, Attys Say
The Justice Department's move to scale back cryptocurrency enforcement and dissolve its crypto fraud investigations unit isn't exactly a "get-out-of-jail-free card" for industry players who commit crimes using digital assets, experts say.
-
April 11, 2025
Nursing Home Owner Gets 3 Years For $39M Tax Fraud
A New Jersey federal judge sentenced a nursing home operator to three years in prison for a $39 million employment tax fraud scheme involving care centers he owned across the country, a term three times as long as what prosecutors had requested.
-
April 11, 2025
Ex-Abercrombie CEO Declared Unfit For Trial Due To Dementia
New York federal prosecutors and lawyers for former Abercrombie & Fitch Co. CEO Michael Jeffries have determined he is suffering from dementia and is currently unfit to stand trial on sex trafficking charges, according to a court filing.
Expert Analysis
-
How New Fraud Enforcement Tool Affects Gov't Contractors
Government contractors will likely face greater scrutiny under the recently enacted Administrative False Claims Act, which broadens federal agencies' authority to pursue low-dollar fraud claims, but contractors may also find the act makes settlement of such claims easier to negotiate, say attorneys at Wiley.
-
Exploring Venue Strategy For Trump-Era Regulatory Litigation
Litigation will likely play a prominent role in shaping policy outcomes during the second Trump administration, and stakeholders have several tools at their disposal to steer regulatory litigation toward more favorable venues, say attorneys at Covington.
-
Consultants Should Be Aware Of DOJ's Potential New Reach
The U.S. Department of Justice's recent first-of-its-kind settlement with McKinsey & Co. indicates not only the DOJ's more aggressive stance toward businesses' potential criminal wrongdoings, but also the benefits of self-disclosure and cooperation when wrongdoing becomes apparent, says Dom Caamano at Kibler Fowler.
-
New Year, New Risks: 8 Top Cyber Issues For Finance In 2025
As financial institutions forge ahead in 2025, they must strike a delicate balance between embracing technological innovation and guarding against its darker threats, which this year could include everything from supply chain vulnerabilities to deepfakes, say attorneys at Baker Donelson.
-
Series
Playing Esports Makes Me A Better Lawyer
Competing in a global esports tournament at Wimbledon last year not only fulfilled my childhood dream, but also sharpened skills that are essential to my day job, including strategic thinking, confidence and networking, says AJ Schuyler at Jackson Lewis.
-
Lessons From The SEC's 2024 Crackdown On AI Washing
AI washing was the subject of increased scrutiny from the U.S. Securities and Exchange Commission in 2024 following a surge in the commercial adoption of generative artificial intelligence technologies in 2023, highlighting the importance of transparency, accuracy and accountability when communicating about AI, say attorneys at Perkins Coie.
-
Identifying Deepfakes During Evidence Collection, Discovery
Excerpt from Practical Guidance
Attorneys must familiarize themselves with the tools used to create and detect deepfakes — media manipulated by artificial intelligence to convincingly mimic real people and events — as well as best practices for keeping this fabricated evidence out of court, says Bijan Ghom at Saxton & Stump.
-
The Securities Litigation Trends That Will Matter Most In 2025
2025 is shaping up to be a significant year for securities litigation, as plaintiffs and defendants alike navigate shifting standards for omission theories of liability, class certification, risk disclosure claims and more, say attorneys at Willkie.
-
An Associate's Guide To Career Development In 2025
As the new year begins, associates at all levels should consider establishing career metrics, fostering key relationships and employing other specific strategies to help move through the complexities of the legal profession with confidence and emerge as trailblazers, say EJ Stern and Amanda George at Fractional Law Firm.
-
How White Collar Enforcement May Shift In Trump's 2nd Term
After President-elect Donald Trump returns to the White House next month, the administration’s emphasis on immigration laws, drug offenses and violent crime will likely reduce the focus on white collar crime overall, but certain areas within the white collar world may see increased activity, say attorneys at Keker Van Nest.
-
New Trump Admin May Bring Financial Oversight Turbulence
As President-elect Donald Trump prepares to begin his second term, his top financial market regulatory and securities law enforcement appointees, campaign promises, and regulatory preferences foretell a period of muddy regulatory waters, say attorneys at Kroll.
-
The Justices' Securities Rulings, Dismissals That Defined '24
The U.S. Supreme Court's 2024 securities rulings led to increased success for defendants' price impact arguments, but the justices' decisions not to weigh in on important issues relating to the Private Securities Litigation Reform Act's pleading requirements may be just as significant, say attorneys at Skadden.
-
Series
Fixing Up Cars Makes Me A Better Lawyer
From problem-solving to patience and adaptability to organization, the skills developed working under the hood of a car directly translate to being a more effective lawyer, says Christopher Mdeway at Kaufman Dolowich.
-
Making The Pitch To Grow Your Company's Legal Team
In a compressed economy, convincing the C-suite to invest in additional legal talent can be a herculean task, but a convincing pitch — supported by metrics and cost analyses — may help in-house counsel justify the growth of their team, say Elizabeth Smith and Roger Garceau at Major Lindsey.
-
Key Rulings On Sentencing Guidelines After Loper Bright
The U.S. Supreme Court's landmark decision in Loper Bright v. Raimondo raised questions as to when and whether courts should defer to the U.S. Sentencing Guidelines' commentary in disputes over the guidelines' meaning — but some recent appellate court rulings provide insights for defense counsel in this area, say attorneys at Foley & Lardner.