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White Collar
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January 09, 2026
AI Can Help Advisers With Proxy Voting, SEC Official Says
Artificial intelligence can assist investment advisers with handling corporate proxy voting decisions, an official with the U.S. Securities and Exchange Commission said in a speech decrying the proxy advisory landscape as dysfunctional.
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January 09, 2026
Ex-Doximity Exec Cops To $2.5M Insider Trading Scheme
The former chief revenue officer of publicly traded medical professional networking platform Doximity pled guilty Friday in New York federal court to securities fraud in connection to allegations that he illegally profited more than $2.5 million by trading on private information about the company's finances and layoff plans.
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January 09, 2026
SEC's 'Hack-To-Trade' Suit Was Unfairly Served, UK Man Says
An accused hacker in the U.K. seeks to shed U.S. Securities and Exchange Commission allegations he made $3.75 million trading on nonpublic information he improperly gained access to, arguing he'd been unfairly served in prison.
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January 09, 2026
7th Circ. Upholds Ex-Atty's Conviction In Burke Bribery Case
The Seventh Circuit on Friday kept in place the conviction and 32-month prison sentence of a Chicago real estate developer and former attorney for offering legal work to ex-Alderman Edward Burke as a bribe for help with a zoning permit, finding the government presented sufficient evidence to support a guilty verdict and arguments to the contrary were "unavailing."
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January 09, 2026
FINRA Fines Wells Fargo Unit $1.25M For Close-Out Failures
Wells Fargo has agreed to pay $1.25 million to resolve the Financial Industry Regulatory Authority's claims that during a seven-year period, the bank's clearing and custody services unit left certain transactions in municipal securities unresolved for longer than it was supposed to.
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January 09, 2026
Colo. Man Given 30 Months In $15M Prize Voucher Fraud
A federal judge sentenced a Colorado man to 30 months in prison Friday for his role in a $15 million scam that tricked more than 100,000 victims into paying fees to win a nonexistent prize.
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January 09, 2026
Attys, Broker Ask 4th Circ. To Overturn Tax Fraud Convictions
Two St. Louis tax attorneys and a North Carolina insurance broker have asked the Fourth Circuit to unravel their convictions for participating in a $22 million tax scheme, arguing the government failed to prove at trial that the tax plan they used was actually illegal.
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January 09, 2026
Justices To Resolve Split On SEC Disgorgement Powers
The U.S. Supreme Court on Friday agreed to hear a case that could resolve a circuit split over whether the U.S. Securities and Exchange Commission has to prove investor harm in order to secure disgorgement from alleged fraudsters.
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January 09, 2026
Biz Owner's RICO Suit Says 5 Calif. Attys Helped Loot IT Co.
A business owner has filed a lawsuit accusing five attorneys from five different small California law firms of conspiring with his ex-business partner to steal assets from a company the two had jointly owned.
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January 09, 2026
Panel OKs Sentence In Ex-Ky. Prosecutor Sex Bribe Scandal
A former Kentucky state prosecutor must serve 41 months behind bars after a Sixth Circuit panel upheld his conviction on wire fraud and government bribery charges tied to his alleged criminal scheme of assisting a criminal defendant in exchange for sexual favors and explicit photos.
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January 09, 2026
Comey, James Fight DOJ Push To Combine Dismissal Appeals
Former FBI Director James Comey and New York Attorney General Letitia James are pushing back against federal prosecutors' effort to consolidate their currently separate appeals of the beleaguered prosecutions against the pair at the Fourth Circuit.
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January 09, 2026
Couple Fights To Send Annuity Fraud Case To State Court
A retired U.S. Navy veteran and his wife, who are accusing Ameritas Mutual Holding Co. and Ameritas Life Insurance Company Inc. of orchestrating a fraudulent investment scheme based on the sale of unsuitable equity-indexed annuities, urged a North Carolina federal court to send the case back to state court.
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January 09, 2026
Bruce Fein Unauthorized To Represent Maduro, Atty Says
When constitutional lawyer Bruce Fein entered an appearance as counsel for former Venezuelan President Nicholas Maduro on Tuesday, it was without having ever spoken to the client, according to a Thursday filing by Maduro's attorney Barry Pollack seeking to remove Fein from the case.
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January 09, 2026
Justices OK Federal Prisoners' Repeat Conviction Challenges
The U.S. Supreme Court on Friday resolved a circuit split in ruling that a 1996 antiterrorism law does not bar people incarcerated in federal prisons from making repeated challenges to their convictions and sentences, or from seeking high court review if they fail.
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January 08, 2026
Calif. Judge Will Resign, Cop To Workers' Comp Fraud
A California state judge has agreed to resign and plead guilty to a felony fraud charge after prosecutors alleged he knowingly hired a physician previously convicted of healthcare fraud to prepare medical reports to submit to the state's workers' compensation program, the U.S. Department of Justice announced Wednesday.
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January 08, 2026
4th Circ. Says Fraud On Optional Visa Docs Is Still Criminal
A split Fourth Circuit panel on Thursday affirmed the visa fraud convictions of a Maryland man who prosecutors said submitted fraudulent applications for clients of his immigration "legal center," with the majority ruling that knowingly making false statements on documents that aren't necessarily required can still be criminal.
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January 08, 2026
11th Circ. Asked To Undo 'Deeply Flawed' Securities Ruling
Florida-based energy company NextEra Energy Inc. wants the full Eleventh Circuit to reconsider a panel decision to revive an investor lawsuit against the utility operator, asserting that unless undone, the decision would leave the circuit with "the nation's most permissive loss-causation standard."
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January 08, 2026
Ex-Budget Official's Atty Stays On Case At Judge's Urging
Despite an order allowing him to withdraw over a $65,000 fee dispute, a lawyer for former Connecticut budget official Konstantinos Diamantis late on Thursday agreed to remain on a case after a federal judge urged him to consider seeking payments under the Criminal Justice Act.
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January 08, 2026
VW Can't Nix Bulk Of Tiguan Oil-Guzzling Defect Suit
A New Jersey federal judge on Thursday denied the bulk of Volkswagen Group of America Inc.'s bid to dismiss a proposed class action from drivers in seven states who say their 2022 and 2023 Tiguan vehicles have a defect causing them to consume oil, saying the complaint sufficiently states most of its claims under the seven states' laws.
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January 08, 2026
New Assistant AG For Fraud Will Report To White House
Vice President JD Vance announced on Thursday the creation of a new assistant attorney general role for fraud, which will be overseen by him and the president.
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January 08, 2026
3rd Circ. Upholds 24-Year Drug, Fraud Sentence
A Third Circuit panel on Thursday upheld a roughly 24-year prison sentence imposed on a Pennsylvania man convicted of marijuana trafficking and wire fraud, rejecting arguments that the trial judge improperly relied on acquitted conduct, overstated the man's leadership role and imposed an excessive punishment.
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January 08, 2026
Former IRS Official Criticizes CEO's Tax Prosecution
A former IRS deputy commissioner criticized the U.S. Department of Justice for indicting a former software executive who was ultimately convicted of failing to pay employment taxes, calling the choice "entirely unwarranted" in a letter filed in North Carolina federal court.
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January 08, 2026
NJ Man Cops To Role In North Korea Cyberfraud Scheme
A New Jersey man charged in a cyberfraud scheme to generate revenue for North Korea's weapons of mass destruction programs by fraudulently obtaining remote information technology positions at more than 100 U.S. companies pled guilty to conspiracy charges Wednesday in Massachusetts federal court, according to the U.S. Department of Justice.
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January 08, 2026
SEC Defeats Post-Jarkesy Challenge To Industry Bans
A U.S. Supreme Court decision curtailing the U.S. Securities and Exchange Commission's use of its administrative courts does not eliminate the agency's ability to pursue industry bans through in-house proceedings, a D.C. federal judge ruled Thursday.
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January 08, 2026
Chancery Lifts Stay In Ukraine's PrivatBank Bogus Loan Suit
Saying that "it is now clear this case must proceed at some point," a Delaware vice chancellor on Thursday lifted a four-year-long hold on a Ukrainian bank's six-year-old suit accusing two oligarchs and others of lining up billions in fraudulent loans that funneled — or "recycled" — hundreds of millions into real estate investments in the United States.
Expert Analysis
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Series
Building With Lego Makes Me A Better Lawyer
Building with Lego has taught me to follow directions and adapt to unexpected challenges, and in pairing discipline with imagination, allows me to stay grounded while finding new ways to make complex deals come together, says Paul Levin at Venable.
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How Banks Can Safely Handle Payments For Gambling Biz
As the betting market continues to expand, it's crucial for banks and fintechs to track historical developments in wagering and ongoing prediction markets litigation that can factor into a risk analysis for payment processing with respect to gambling operators, says Laura D'Angelo at Jones Walker.
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SEC Focused On Fraud As Actions Markedly Declined In 2025
The U.S. Securities and Exchange Commission's enforcement activity in its fiscal year 2025 was its lowest in 10 years, reflecting not only a significant decline in the commission's workforce, but also Chairman Paul Atkins' stated focus on fraud and individual wrongdoing and a new approach to crypto regulation, say attorneys at Covington.
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Series
Law School's Missed Lessons: Networking 101
Cultivating a network isn't part of the law school curriculum, but learning the soft skills needed to do so may be the key to establishing a solid professional reputation, nurturing client relationships and building business, says Sharon Crane at Practising Law Institute.
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Defeating Estoppel-Based Claims In Legal Malpractice Actions
State supreme court cases from recent years have addressed whether positions taken by attorneys in an underlying lawsuit can be used against them in a subsequent legal malpractice action, providing a foundation to defeat ex-clients’ estoppel claims, says Christopher Blazejewski at Sherin and Lodgen.
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Series
The Biz Court Digest: How It Works In Massachusetts
Since its founding in 2000, the Massachusetts Business Litigation Session's expertise, procedural flexibility and litigant-friendly case management practices have contributed to the development of a robust body of commercial jurisprudence, say James Donnelly at Mirick O’Connell, Felicia Ellsworth at WilmerHale and Lisa Wood at Foley Hoag.
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Why Appellees Should Write Their Answering Brief First
Though counterintuitive, appellees should consider writing their answering briefs before they’ve ever seen their opponent’s opening brief, as this practice confers numerous benefits related to argument structure, time pressures and workflow, says Joshua Sohn at the U.S. Department of Justice.
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Navigating DEA Quotas: Key To Psychedelics Industry Growth
As new compounds like DOI enter the Schedule I landscape, manufacturers who anticipate U.S. Drug Enforcement Administration quota regulations, and build quota management into their broader strategy, will be best equipped to meet the growing demand, say Kimberly Chew at Husch Blackwell and Jaime Dwight at Promega.
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Questions To Ask Your Client When Fraud Taints Financing
As elevated risk levels yield fertile conditions for fraud in financing transactions, asking corporate clients the right investigative questions can help create an action plan, bring parties together and help clients successfully survive any scam, says Mark Kirsons at Morgan Lewis.
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What's At Stake In High Court Compassionate Release Case
The U.S. Supreme Court will hear arguments in Fernandez v. U.S. next week about the overlap between motions to vacate and compassionate release, and its ultimate decision could ultimately limit or expand judicial discretion in sentencing, says Zachary Newland at Evergreen Attorneys.
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Series
Mindfulness Meditation Makes Me A Better Lawyer
Mindful meditation enables me to drop the ego, and in helping me to keep sight of what’s important, permits me to learn from the other side and become a reliable counselor, says Roy Wyman at Bass Berry.
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Lessons From 7th Circ. Decision Affirming $183M FCA Verdict
The Seventh Circuit's decision to uphold a $183 million False Claims Act award against Eli Lilly engages substantively with recurring materiality and scienter questions and provides insights into appellate review of complex trial court judgments, say Ellen London at London & Naor, Li Yu at Bernstein Litowitz and Kimberly Friday at Osborn Maledon.
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AI Litigation Tools Can Enhance Case Assessment, Strategy
Civil litigators can use artificial intelligence tools to strengthen case assessment and aid in early strategy development, as long as they address the risks and ethical considerations that accompany these uses, say attorneys at Barnes & Thornburg.
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Attys Beware: Generative AI Can Also Hallucinate Metadata
In addition to the well-known problem of AI-generated hallucinations in legal documents, AI tools can also hallucinate metadata — threatening the integrity of discovery, the reliability of evidence and the ability to definitively identify the provenance of electronic documents, say attorneys at Law & Forensics.
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How 9th Circ. Ruling Deepens SEC Disgorgement Circuit Split
The Ninth Circuit's recent decision in U.S. Securities and Exchange Commission v. Sripetch creates opposing disgorgement rules in the two circuits where the SEC brings a large proportion of enforcement actions — the Second and Ninth — and increases the likelihood that the U.S. Supreme Court will step in, say attorneys at Cahill Gordon.