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White Collar
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February 05, 2026
MLB Star's Assistant Strikes Out In Agent Fraud Case
A Florida federal judge on Wednesday dismissed a suit by the personal assistant of Vladimir Guerrero Jr. accusing the Major League Baseball star's agents of swindling him out of commissions, finding that the oral employment agreement he cited is not enforceable.
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February 05, 2026
Klobuchar Alarmed By Exodus Of Prosecutors In Minnesota
Sen. Amy Klobuchar, D-Minn., on Thursday said she was alarmed by the surge of resignations by federal prosecutors in her state following the shooting deaths of two Minnesotans by immigration agents.
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February 05, 2026
Trump Admin Finalizes Rule Facilitating Federal Worker Firings
The Trump administration Thursday announced a final rule to create a new category of federal workers who would have fewer job protections and be easier to fire, implementing an executive order from early last year that could affect 50,000 employees at federal agencies.
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February 05, 2026
Defunct Gov't Contractor Found In Contempt Of Asset Freeze
The U.S. Bankruptcy Court for the District of Delaware has held the owners and affiliates of a defunct government contractor in contempt for violating a court-ordered asset freeze, concluding that they improperly sold a Missouri property that had been expressly barred from transfer while a $14 million clawback suit proceeds.
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February 05, 2026
Ga. Law Firm's CTA Challenge 'Hypothetical,' Feds Argue
The U.S. Treasury Department has asked a federal judge to toss a Georgia lawyer's suit alleging that the 2021 Corporate Transparency Act could force him to violate attorney-client privilege, arguing the suit is based on future "hypothetical changes" to the federal policy of nonenforcement.
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February 04, 2026
Goldstein Accountant Admits Tax Return Errors
A star government witness and the top outside accountant for SCOTUSblog founder Thomas Goldstein and his law firm admitted to making mistakes on Goldstein's tax returns and offering the grand jury erroneous testimony, under cross-examination in the U.S. Supreme Court lawyer's tax fraud trial Wednesday.
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February 04, 2026
NBA Star Tells Of Fury Over Ex-Morgan Stanley Pal's Fraud
A former Houston Rockets player on Wednesday testified that he and his former Morgan Stanley investment adviser were the best of friends before he learned of what prosecutors say was a scheme to bilk NBA clients for millions of dollars, and taunted his former financial guru in anger after learning of his arrest.
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February 04, 2026
Dark Web Drug Market Operator Gets 30-Year Sentence
The operator of a vast, cryptocurrency-fueled dark web e-commerce platform for drugs has been sentenced to 30 years in prison after pleading guilty to money laundering and conspiring to distribute over $105 million in narcotics and adulterated and misbranded medication.
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February 04, 2026
SEC Cases May Rise After 'Unprecedented' 2025, Attys Say
Following an "unprecedented" year in which the U.S. Securities and Exchange Commission dismissed the bulk of its crypto docket and filed few new lawsuits, former SEC staff members said Wednesday that there are signs that enforcement actions could begin to ramp up this year.
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February 04, 2026
Clemency Was 'Broken' Long Before Trump. Can It Be Fixed?
President Donald Trump has transformed what has historically been a bureaucratic process for seeking federal pardons and commutations into a more freewheeling affair with few clear rules — and no easy solutions for reform, experts say.
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February 04, 2026
Fintech Exec Wins Toss Of $150M Fraud Case After Mistrial
A Massachusetts federal judge Wednesday said she had no choice but to dismiss charges against a former executive over an alleged $150 million credit card payment fraud scheme on double jeopardy grounds following a mistrial last year.
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February 04, 2026
Trump Bid To Move NY Appeal Faces 'Fatal' Error, Judge Says
A Manhattan federal judge on Wednesday repeatedly aired doubts that President Donald Trump can upend the pending New York state appeal of his hush-money conviction by moving the case to federal court.
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February 04, 2026
O'Melveny Supreme Court Ace Joins Hecker Fink
Litigation firm Hecker Fink LLP is expanding its appellate team, announcing Wednesday that an O'Melveny & Myers LLP Supreme Court expert is joining as of counsel.
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February 04, 2026
Ex-Top Public Corruption Prosecutor Rejoins King & Spalding
The former chief public corruption prosecutor at the U.S. Department of Justice has returned to King & Spalding LLP, where he worked early in his career, the firm announced Wednesday.
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February 04, 2026
First Brands Creditors Seek To Hire Nardello For Fraud Probe
First Brands Group's unsecured creditors urged a Texas bankruptcy judge to let them retain Nardello & Co. as a forensic financial adviser and assist with their investigation into the "pervasive looting and fraud" that they allege precipitated the auto parts maker's Chapter 11 case.
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February 04, 2026
2nd Circ. Backs Block On Hundreds Of Geico Collection Cases
The Second Circuit found no error in a preliminary injunction pausing over 600 collection actions filed against Geico by a doctor and medical practice accused by the insurer of a scheme to exploit New York's no-fault automobile insurance laws.
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February 04, 2026
Feds Vow New Effort To Protect Privacy Of Epstein's Victims
A Manhattan federal judge said Tuesday evening that women abused by Jeffrey Epstein have resolved privacy complaints stemming from the government's release of documents related to the deceased financier's sex crimes, after the victims' lawyers flagged widespread deficiencies.
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February 03, 2026
Ex-NFL Player Convicted For $200M Medicare Fraud Scheme
A jury in Florida federal court on Tuesday convicted a former NFL tight end for his role in a scheme to defraud Medicare and a health care program for disabled or deceased veterans' spouses and children out of nearly $200 million through sham orthotic brace orders.
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February 03, 2026
Ex-Fed Adviser Acquitted Of Espionage Conspiracy Charge
A Washington, D.C., federal jury Tuesday acquitted a former senior adviser to the Federal Reserve Board of Governors of conspiring to steal confidential data for Chinese intelligence.
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February 03, 2026
ImmunityBio Stockholder Targets Soon-Shiong In Chancery
The Delaware Chancery Court on Tuesday heard arguments over whether biotech billionaire Patrick Soon-Shiong and ImmunityBio Inc.'s board breached their fiduciary duties by approving insider financing that allegedly allowed him to secure equity at deeply discounted prices as the company neared regulatory approval for its lead cancer drug.
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February 03, 2026
Martin Shkreli Countersues, Adds RZA To Wu-Tang Fight
Martin Shkreli has filed counterclaims and added Wu-Tang Clan rappers and producers RZA and Cilvaringz as counterdefendants in litigation over the group's one-of-a-kind album he once owned, a move that comes just weeks after a New York federal judge rejected Shkreli's request to bring the Wu-Tang members into the dispute.
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February 03, 2026
Ex-SPAC CEO Cops To Defrauding Lottery.com Investors
The former CEO of a blank check company that took Lottery.com public pled guilty on Tuesday to securities fraud over charges that he schemed to inflate the revenue of the lottery products platform by means including a $9 million round-trip transaction.
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February 03, 2026
Atlanta Housing Exec Admits Role In Section 8 Fraud
An Atlanta Housing Authority executive pled guilty Monday in Georgia federal court to wire fraud, credit application fraud and conspiracy to defraud the U.S. government in connection with a scheme where she was accused of collecting fraudulent housing assistance payments under Section 8 and pandemic relief funds.
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February 03, 2026
Ex-BofA Banker Cops To Role In Medicare Fraud Scheme
A former Bank of America banker copped to a money laundering conspiracy charge Tuesday in New York federal court in connection with a transnational scheme that made over $8 billion in fraudulent Medicare claims for glucose monitors and urinary catheters that were medically unnecessary, according to the U.S. Department of Justice.
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February 03, 2026
Convicted Oil Trader To Remain Free On Bond During Appeal
A Connecticut federal judge Tuesday ruled that an oil trader convicted of overseas bribery can remain free on bond while he appeals his Foreign Corrupt Practices Act and money-laundering convictions, saying a new trial might be possible if the Second Circuit finds fault with her jury instructions.
Expert Analysis
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6th Circ. FirstEnergy Ruling Protects Key Legal Privileges
The Sixth Circuit’s recent grant of mandamus relief in In re: First Energy Corp. confirms that the attorney-client privilege and work-product protections apply to internal investigation materials, ultimately advancing the public interest, say attorneys at Cooley.
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Series
Law School's Missed Lessons: Client Service
Law school teaches you how to interpret the law, but it doesn't teach you some of the key ways to keeping clients satisfied, lessons that I've learned in the most unexpected of places: a book on how to be a butler, says Gregory Ramos at Armstrong Teasdale.
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Mass. Ruling May Pave New Avenue To Target Subpoenas
A Massachusetts federal court’s recent decision to quash a subpoena seeking information on gender-affirming care at Boston Children’s Hospital is a significant departure from courts' deferential approach to subpoena enforcement, and may open a new pathway for practitioners challenging investigative tools in the future, say attorneys at Gibson Dunn.
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Enter The Wu-Tang Ruling That May Change Trade Secret Law
A New York federal court's recent holding that a Wu-Tang Clan album qualifies as a trade secret provides the first federal framework for analyzing trade secret claims involving assets valued primarily for exclusivity, potentially reshaping Defend Trade Secrets Act jurisprudence for the digital economy, says Jason Bradford at Jenner & Block.
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What Justices' Bowe Ruling Could Mean For Federal Prisoners
Bowe v. U.S. — set for oral argument before the U.S. Supreme Court on Oct. 14 — presents the high court with two consequential questions about the Anti-Terrorism and Effective Death Penalty Act's successive-petition regime that will be immediately relevant to federal postconviction practice, says attorney Elizabeth Franklin-Best.
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How Financial Cos. Can Prep As NYDFS Cyber Changes Loom
Financial institutions supervised by the New York State Department of Financial Services can prepare for two critical cybersecurity requirements relating to multifactor authentication and asset inventories, effective Nov. 1, by conducting gap analyses and allocating resources to high-risk assets, among other steps, say attorneys at Pillsbury.
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Shutdown May Stall Hearings, But Gov't Probes Quietly Go On
Thanks to staff assurances under the Government Employee Fair Treatment Act, the core work of congressional investigations continues during the shutdown that began Oct. 1 — and so does the investigative work that is performed behind closed doors on Capitol Hill, say attorneys at Jenner & Block.
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Series
Adapting To Private Practice: 3 Tips On Finding The Right Job
After 23 years as a state and federal prosecutor, when I contemplated moving to a law firm, practicing solo or going in-house, I found there's a critical first step — deep self-reflection on what you truly want to do and where your strengths lie, says Rachael Jones at McKool Smith.
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Strategies For Defending Banks In Elder Abuse Cases
Several recent cases demonstrate that banks have plenty of tools to defend against claims they were complicit in financial abuse of older adults, but financial institutions should also continue to educate customers about third-party scams before they happen, say attorneys at Troutman.
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Justices May Decide Whether Restitution Is A Punishment
Forthcoming oral argument before the U.S. Supreme Court in Ellingburg v. U.S. will focus on whether criminal restitution qualifies as criminal punishment under the U.S. Constitution — a key question as restitution has expanded in reach and severity, while providing little meaningful compensation for victims, says Lula Hagos at George Washington University Law School.
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Series
Painting Makes Me A Better Lawyer
Painting trains me to see both the fine detail and the whole composition at once, enabling me to identify friction points while keeping sight of a client's bigger vision, but the most significant lesson I've brought to my legal work has been the value of originality, says Jana Gouchev at Gouchev Law.
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NY AML Rules Get Crypto Rebrand: What It Means For Banks
A recent letter from the New York State Department of Financial Services outlining how banks can use blockchain analytics in anti-money laundering efforts is a reminder that crypto activity is not exempted from banks' role in keeping the financial system safe, says Katherine Lemire at Lankler Siffert.
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Courts Are Still Grappling With McDonnell, 9 Years Later
The Seventh and D.C. Circuits’ recent decisions in U.S. v. Weiss and U.S. v. Paitsel, respectively, demonstrate that courts are still struggling to apply the U.S. Supreme Court’s 2016 ruling in McDonnell v. U.S., which narrowed the scope of “official acts” in federal bribery cases, say attorneys at Quinn Emanuel.
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Compliance Pointers Amid Domestic Terrorism Clampdown
A recent presidential memorandum marks a shift in federal domestic-terrorism enforcement that should prompt nonprofits to enhance diligence related to grantees, vendors and events, and financial institutions to shore up their internal resources for increased suspicious-activity monitoring and reporting obligations, say attorneys at Morgan Lewis.
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Understanding And Managing Jurors' Hindsight Bias
Hindsight bias — wherein events seem more predictable after the fact than they were beforehand — presents a persistent cognitive distortion in jury decision-making, but attorneys can mitigate its effects at trial through awareness, repetition and framing, say consultants at Courtroom Sciences.