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White Collar
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January 21, 2026
Holmes Seeks Trump Clemency For Theranos Fraud Sentence
Former Theranos CEO Elizabeth Holmes has asked President Donald Trump to commute an 11-year prison sentence she's been serving for defrauding investors with bogus blood-testing technology, according to the U.S. Department of Justice's Office of the Pardon Attorney.
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January 21, 2026
Lawyer Testifies Goldstein Dodged $500K Poker Repayment
A former employee at Thomas Goldstein's law firm recounted in court Wednesday that a U.S. Internal Revenue Service levy was placed on the SCOTUSblog founder's accounts, while a lawyer at another firm said Goldstein dodged repaying him for money invested in his poker-playing exploits.
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January 21, 2026
'Out Of Control': Coach Says He Placed Bets For Ex-MLB Star
A baseball coach who placed illegal sports wagers for former MLB star Yasiel Puig took the stand Wednesday in the player's obstruction of justice trial, telling a California federal jury that Puig's gambling got "out of control" and that the coach feared repercussions from bookies after Puig didn't pay his debts.
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January 21, 2026
Ex-TD Bank Worker Cops To Taking Money Laundering Bribes
A former New Jersey-based TD Bank NA employee pled guilty on Wednesday to accepting bribes and leveraging his position to facilitate the movement of over $26 million to Colombia through TD Bank accounts.
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January 21, 2026
Gambler Gets 2 Years For NBA Bet-Rigging Scheme
A self-described compulsive gambler was sentenced in Brooklyn federal court Wednesday to two years in prison for conspiring with a now-former NBA player and others to place rigged bets on his performance with knowledge that the Toronto Raptors center and power forward would be taking a dive.
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January 21, 2026
Schwab Nixed From DOL Enforcement Suit Against Other Firm
A Pennsylvania federal judge on Wednesday dismissed two Schwab companies from a U.S. Department of Labor enforcement case, finding the financial services providers' participation was no longer needed in the agency's dispute against another firm.
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January 21, 2026
Feds Say Medicare Steering Case Meets FCA Legal Bar
The government said Wednesday that its False Claims Act complaint accusing insurers and brokers of participating in a kickback scheme to steer customers to Medicare Advantage plans doesn't conflict with a First Circuit decision last year setting out the standard for such cases.
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January 21, 2026
Ga. Justices Deny Atty's Reprimand Bid After Jan. 6 Actions
A public reprimand may not be enough to discipline an attorney who was convicted and later pardoned of a felony and several misdemeanor federal offenses in connection with his participation in events at the U.S. Capitol on Jan. 6, 2021, the Georgia Supreme Court said Wednesday.
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January 21, 2026
FINRA Says Firm Broke Reg BI By Not Spotting Risky Trading
The Financial Industry Regulatory Authority has accused a broker-dealer and its ex-CEO of violating Regulation Best Interest by failing to identify suspicious, excessive trading in a customer account by a representative of the firm, causing the client $1.2 million in losses.
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January 21, 2026
Former Ga. State Rep. Cops To COVID Loan Fraud
A former Georgia Democratic lawmaker pled guilty Wednesday to charges that she fraudulently obtained pandemic-era unemployment benefits, the Department of Justice said.
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January 21, 2026
SEC Wins $9.7M In Cemtrex Fraud Case After 2nd Circ. Remand
The U.S. Securities and Exchange Commission has secured a $9.7 million judgment against the founder of an industrial manufacturer who allegedly diverted over $7.3 million of investor funds from his company to his private accounts, after the Second Circuit vacated the previous disgorgement award and remanded the case.
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January 21, 2026
Feds Oppose Bail For Conn. Oil Trader During FCPA Appeal
Federal prosecutors are fighting an oil trader's bid for freedom while he appeals a 15-month Foreign Corrupt Practices Act prison sentence, arguing the trader should begin serving time by Feb. 9 because his jury conviction probably won't be reversed.
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January 21, 2026
3rd Circ. Questions Mushroom Farmer's Tax Bill Accounting
A Third Circuit panel appeared skeptical Wednesday of a woman's bid to reduce her prison term for tax violations connected to her family's mushroom farm, with judges suggesting that different swaths of taxes she failed to pay the government could be grouped together as "relevant conduct" under federal sentencing guidelines.
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January 21, 2026
Greenberg Traurig Builds Up Nat'l Security Group With 3 Hires
Greenberg Traurig LLP has hired the former cohead of Eversheds Sutherland's national security group in Washington, D.C., as the chair of its newly formed national security group, which is growing in the nation's capital with his addition and the hiring of a former CIA leader and a former deputy general counsel of the U.S. Cyber Command.
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January 21, 2026
DOJ Outline Of New Fraud Role Doesn't Mention WH Oversight
A U.S. Department of Justice official explained the parameters of the new role of assistant attorney general for fraud in a recent letter to Congress, obtained Wednesday by Law360, but did not mention the individual will be overseen by the White House, as the vice president previously said.
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January 21, 2026
Jefferies Steered Feds To $200M Water Ponzi Case, Judge Told
Two men charged in connection with an allegedly massive water-vending Ponzi scheme were investigated after counsel for investment giant Jefferies — one defendant's former employer — walked the case into the Manhattan U.S. attorney's office, a federal judge heard Wednesday.
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January 21, 2026
Justices Wary Of Greenlighting Trump Bid To Fire Fed's Cook
The U.S. Supreme Court on Wednesday appeared reluctant to let President Donald Trump immediately oust Federal Reserve Gov. Lisa Cook, with multiple justices expressing doubts about administration claims of broad presidential removal power over the central bank.
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January 21, 2026
Cozen O'Connor Brings On Ex-Federal Prosecutor In LA
Cozen O'Connor is expanding its West Coast team, bringing in a former assistant U.S. attorney as a member in its Los Angeles area offices.
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January 20, 2026
Ex-DOJ Attys Describe Fallout From Trump Takeover
Former federal prosecutors who resigned or were fired from the U.S. Department of Justice over the last year spoke Tuesday of their dismay over political interference at the department by the Trump administration, but largely expressed confidence that the DOJ could recover in time.
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January 20, 2026
FINRA Says Firms Ignored Red Flags About Overseas Biz
The Financial Industry Regulatory Authority has accused a pair of broker-dealers of failing to investigate red flags related to underwriting foreign customers' transactions and of not disclosing certain compensation, while the firms separately sued the regulator in Illinois federal court for overreach they claim blocked them from underwriting engagements.
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January 20, 2026
Ex-Girardi Keese Atty To Take Plea Deal In Chicago Case
Former Girardi Keese attorney Keith Griffin will take a plea deal in a case accusing him of helping Tom Girardi violate court orders and covering up the theft of client funds, according to a minute entry entered Friday in Illinois federal court.
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January 20, 2026
Defense Industry Exec Gets 4 Years For Bribery Scheme
A U.S. Navy veteran who founded a defense contracting company has been sentenced in California federal court to four years in prison after admitting his role in a scheme where he bribed a former Navy employee with World Series and Super Bowl tickets for his help ensuring the company procured lucrative government contracts.
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January 20, 2026
Martin Shkreli Can't Force Wu-Tang's RZA Into Album Fight
A New York federal judge has shot down Martin Shkreli's request to add Wu-Tang Clan rappers and producers RZA and Cilvaringz to litigation centered on the group's rare album "Once Upon a Time in Shaolin," slamming Shkreli's motion as "astonishingly devoid of support."
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January 20, 2026
Trump Media Investor Says Insider Trading Trial Was Flawed
A Florida trader sentenced to over two years in prison for insider trading on confidential plans to take President Donald Trump's media company behind Truth Social public urged the Second Circuit on Tuesday to reverse his conviction, saying the lower court wrongly excluded evidence at trial that backed his claims of acting in good faith.
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January 20, 2026
DHS Tech Says He Was Fired For Criticizing Noem During 'Date'
A U.S. Department of Homeland Security employee claims in a D.C. federal lawsuit that he was unlawfully fired after he went on what he believed was a date with a nurse, who secretly recorded him speaking negatively about Secretary Kristi Noem for the benefit of a conservative activist.
Expert Analysis
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Strategies To Get The Most Out Of A Mock Jury Exercise
A Florida federal jury’s recent $329 million verdict against Tesla over a fatal crash demonstrates how jurors’ perceptions of nuanced facts can make or break a case, and why attorneys must maximize the potential of their mock jury exercises to pinpoint the best trial strategy, says Jennifer Catero at Snell & Wilmer.
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Series
Writing Musicals Makes Me A Better Lawyer
My experiences with writing musicals and practicing law have shown that the building blocks for both endeavors are one and the same, because drama is necessary for the law to exist, says Addison O’Donnell at LOIS Law.
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Steps To Take As States Expand Foreign-Influence Bans
As efforts to curb foreign-influenced corporate political spending continue, companies should be aware of the nuances of related laws and layer an additional analysis when assessing legality of foreign engagement, say attorneys at Steptoe.
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A Reminder Of The Limits Of The SEC's Crypto Thaw
As the U.S. Securities and Exchange Commission's regulatory thaw has opened up new possibilities for tokenization projects, the Ninth Circuit's recent decision in SEC v. Barry that certain fractional interests are investment contracts, and thus securities, illustrates that guardrails remain via the Howey test, say attorneys at Skadden.
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Series
Adapting To Private Practice: From Va. AUSA To Mid-Law
Returning to the firm where I began my career after seven years as an assistant U.S. attorney in Virginia has been complex, nuanced and rewarding, and I’ve learned that the pursuit of justice remains the constant, even as the mindset and client change, says Kristin Johnson at Woods Rogers.
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7 Document Review Concepts New Attorneys Need To Know
For new associates joining firms this fall, stepping into the world of e-discovery can feel like learning a new language, but understanding a handful of fundamentals — from coding layouts to metadata — can help attorneys become fluent in document review, says Ann Motl at Bowman and Brooke.
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NY Laundering Ruling Leans On Jurisdictional Fundamentals
A New York appeals court’s recent dismissal of Zhakiyanov v. Ogai, a civil money laundering dispute between Kazakh citizens involving New York real estate, points toward limitations on the jurisdictional reach of state courts and suggests that similar claims will be subject to a searching forum analysis, say attorneys at Curtis Mallet-Prevost.
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Senate Bill Could Overhaul Digital Asset Market Structure
The Senate Banking Committee's draft Responsible Financial Innovation Act would not only clarify the roles and responsibilities of financial institutions engaging in digital asset activities but also impose new compliance regimes, reporting requirements and risk management protocols, say attorneys at Troutman.
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Stablecoin Committee Promotes Uniformity But May Fall Short
While the Genius Act's establishment of the Stablecoin Certification Review Committee will provide private stablecoin issuers with more consistent standards, fragmentation remains due to the disparate regulatory approaches taken by different states, say attorneys at Morgan Lewis.
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Avoiding Unforced Evidentiary Errors At Trial
To avoid self-inflicted missteps at trial, lawyers must plan their evidentiary strategy as early as their claims and defenses, with an eye toward some of the more common pitfalls, says Nate Sabri at Perkins Coie.
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Agentic AI Puts A New Twist On Attorney Ethics Obligations
As lawyers increasingly use autonomous artificial intelligence agents, disciplinary authorities must decide whether attorney responsibility for an AI-caused legal ethics violation is personal or supervisory, and firms must enact strong policies regarding agentic AI use and supervision, says Grace Wynn at HWG.
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Parsing Trump Admin's First 6 Months Of SEC Enforcement
The U.S. Securities and Exchange Commission's enforcement results for the first six months of the Trump administration show substantially fewer new enforcement actions compared to the same period under the previous administration, but indicate a clear focus on traditional fraud schemes affecting retail investors, say attorneys at King & Spalding.
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Health Insurance Kickback Cases Signal Greater Gov't Focus
A series of recent indictments by federal prosecutors in California suggests that the Eliminating Kickbacks in Recovery Act is gaining momentum as an enforcement tool against illegal inducement of patient referrals in the realm of commercial health insurance, say attorneys at BakerHostetler.
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Cos. Face EU, US Regulatory Tension On Many Fronts
When the European Union sets stringent standards, companies seeking to operate in the international marketplace must conform to them, or else concede opportunities — but with the current U.S. administration pushing hard to roll back regulations, global companies face an increasing tension over which standards to follow, say attorneys at Baker McKenzie.
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Series
Being A Professional Wrestler Makes Me A Better Lawyer
Pursuing my childhood dream of being a professional wrestler has taught me important legal career lessons about communication, adaptability, oral advocacy and professionalism, says Christopher Freiberg at Midwest Disability.