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White Collar
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July 28, 2025
Judge To Weigh If FTX Prosecutors Broke Plea Promise
A Manhattan federal judge said Monday he will investigate an allegation by crypto lobbyist Michelle Bond that she was charged with campaign finance crimes despite a promise that a guilty plea by her husband, former FTX executive Ryan Salame, would leave her in the clear.
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July 25, 2025
Sports & Betting Cases To Watch In The Second Half Of 2025
Certain court cases have become staples on both the midyear and end-of-year must-watch lists in sports and betting at Law360. One that seemed best positioned to finally fall off the list, as it turns out, is far from over: the multibillion-dollar NCAA settlement regarding name, image and likeness payments and revenue sharing with hundreds of thousands of college athletes. A handful of other suits from past years will also continue to bear watching through the end of 2025.
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July 25, 2025
Abrego Garcia Says DHS Keeps On Tainting Jury Pool
Mistakenly deported Salvadoran Kilmar Abrego Garcia told a Tennessee federal judge for the second time this week that Trump administration officials keep making "inflammatory" public statements that threaten his right to a fair trial for human trafficking charges.
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July 25, 2025
Ex-Credit Suisse Client Gets 2½ Years For Hiding Assets
A Florida federal judge on Friday sentenced a Colombian-American businesswoman and former Credit Suisse client to two and a half years in prison for conspiring with family members to hide more than $90 million in assets from the IRS through a series of foreign bank accounts.
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July 25, 2025
FCC Won't Waive Surety Bond For NGSO Satellites
The Federal Communications Commission said it won't waive surety bond requirements for the satellite license of an aerospace startup at the center of an alleged $250 million fraud scandal, rendering the license void since last year.
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July 25, 2025
Chase, Other Banks To Pay $3.75M To End Crypto Ponzi Suit
JPMorgan Chase and other financial firms have agreed to pay a combined $3.75 million to settle claims they helped funnel investor cash into a cryptocurrency-linked Ponzi scheme run by a man who was slapped with a $231 million court judgment last year over the fraud.
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July 25, 2025
Epic Defends Apple Antitrust Injunction After Birthright Ruling
Epic Games has told the Ninth Circuit the U.S. Supreme Court's recent ruling in litigation challenging President Donald Trump's birthright citizenship executive order should not affect a nationwide injunction and civil contempt order issued in its antitrust case over Apple's App Store policies, arguing Apple misread the high court's precedent.
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July 25, 2025
Dentons Stalling Discovery In Terraform Ch. 11, Court Told
The bankruptcy plan administrator for failed cryptocurrency platform Terraform Labs has accused Dentons US LLP of blocking his discovery requests in an attempt to secure final approval of some $25 million in fees, saying the law firm is seeking to "run out the clock" to dodge an investigation into its role in Terraform's collapse.
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July 25, 2025
Feds Sell Fugitive Trader's $7M Mansion Decade After Charges
Massachusetts federal prosecutors said Friday that they have sold a $7.5 million mansion that belonged to a fugitive trader who was charged in 2015 with funneling $67 million in assets from his employer to himself.
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July 25, 2025
Rising Star: Cohen & Gresser's Vincent Desry
Vincent Desry of Cohen & Gresser LLP had such a strong courtroom presence at a relatively young age that former French President Nicolas Sarkozy hired Desry to be his attorney for the appeal of a criminal conviction on illegal campaign funding charges, one of several high-profile achievements earning him a spot among the white collar law practitioners under 40 honored by Law360 as Rising Stars.
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July 25, 2025
Ballard Spahr Atty To Co-Chair Buchalter State AG Group
Buchalter PC announced Thursday that it has hired a former Ballard Spahr LLP partner as a shareholder in its white collar and investigations group who will also co-chair its state attorneys general group.
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July 25, 2025
Former Jan. 6 Prosecutor, 2 Other Ex-DOJ Employees File Suit
A former assistant U.S. attorney who prosecuted defendants charged in connection with the Jan. 6, 2021, attack on the U.S. Capitol has filed a federal lawsuit along with two other ex-Department of Justice employees alleging they were unlawfully fired.
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July 25, 2025
Boston Atty To Cop To Stealing $2M From Clients
A Boston lawyer will plead guilty to stealing more than $2 million from clients and may face more than four years in prison per the terms of his plea deal, Massachusetts federal prosecutors announced.
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July 25, 2025
Will Tom Girardi's Wardrobe Mishap Help His Appeal?
When legendary attorney Tom Girardi's pants fell down as he finished testifying in his defense, the judge had to decide: Was this a desperate bid to feign incompetence and avoid prison for stealing client funds, or just an accident by an 86-year-old man with dementia? And if it really was an accident, does it now give Girardi a shot at winning his appeal and overturning his sentence?
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July 25, 2025
4th Circ. Backs Maryland Contractor's Fraud Conviction
A Fourth Circuit panel affirmed a Maryland man's conviction and 45-month prison sentence for selling misrepresented video teleconference equipment and related services to the U.S. government, rejecting his challenges to a jury instruction and sentence enhancement.
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July 25, 2025
Judges Solidify Boutros As Chicago's Top Federal Prosecutor
The Northern District of Illinois' acting U.S. attorney is set to continue the job full time after judges in the district voted to appoint him to the role.
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July 24, 2025
Feds Rest Crypto Laundering Case Against Tornado Founder
Manhattan federal prosecutors on Thursday rested their case against Tornado Cash founder Roman Storm, who's accused of scheming to launder more than $1 billion in proceeds from criminal activity through the cryptocurrency tumbler and conspiring to evade U.S. sanctions on North Korea.
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July 24, 2025
NJ Atty To Pay SEC Fine Over Alleged Prime Bank Fraud Role
A New Jersey attorney and a California man will pay the U.S. Securities and Exchange Commission a total of $134,000 as part of agreements to resolve the regulator's allegations they helped bilk an older couple out of over $150,000 through a so-called prime bank scheme.
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July 24, 2025
5th Circ. Loath To Say Guilty Plea Implicated Brother In Fraud
A Fifth Circuit panel seemed skeptical of a convicted Dallas fraudster's argument that the jury's learning of his brother's guilty plea in a conspiracy indictment tainted his own case, asking during oral arguments on Thursday how the guilty plea directly implicated him.
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July 24, 2025
Alina Habba Says She Is Now Acting US Atty In NJ
Alina Habba posted on social media Thursday that she is now the acting U.S. attorney for the District of New Jersey, two days after the federal district court declined to extend her tenure in the interim position.
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July 24, 2025
UnitedHealth Discloses DOJ Medicare Civil, Criminal Probes
UnitedHealth Group Inc. has disclosed that it is complying with formal criminal and civil requests from the U.S. Department of Justice, following media reports about investigations into aspects of the insurance giant's participation in Medicare.
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July 24, 2025
SEC Escapes Atty Fee Bid After Rare In-House Loss
The U.S. Securities and Exchange Commission will not have to reimburse a Michigan-based company that spent four years fighting to have a trading suspension lifted, an administrative law judge has ruled, though he said the case raised "serious questions" about the agency's process for obtaining such suspensions.
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July 24, 2025
Equitrans Charged Over 2-Week Gas Leak In Pennsylvania
Pennsylvania Attorney General Dave Sunday on Thursday charged energy company Equitrans LP with failing to properly maintain a facility where natural gas leaked for 14 days into the air, ground and water, contaminating the nearby area and several neighboring states.
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July 24, 2025
Madigan Confidant Gets 2 Years For Role In ComEd Bribery
An Illinois federal judge sentenced a lobbyist for Commonwealth Edison to two years in prison Thursday for his role in forging a "crucial connection" between the utility and his longtime friend, former Illinois House Speaker Michael Madigan, and acting as Madigan's mouthpiece in a scheme to illegally influence the powerful politician to support ComEd's legislative agenda.
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July 24, 2025
Florida Man Gets 14 Years For $78M Drug Diversion Scheme
The purported leader of a Florida-based operation that diverted $78 million in pharmaceutical drugs was sentenced to more than a decade in federal prison after pleading guilty to conspiracy-related charges in connection with illegally purchasing medications meant for HIV or cancer and reselling them as legitimately obtained products.
Expert Analysis
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Series
Law School's Missed Lessons: Appreciating Civil Procedure
If you’re like me, law school’s often complex and theoretical approach to teaching civil procedure may have contributed to an early struggle with the topic, but when seen from a practical perspective, new lawyers may find they enjoy mastering these rules, says Chloe Villagomez at Foster Garvey.
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Calif. Bar Exam Fiasco Shows Why Attys Must Disclose AI Use
The recent revelation that a handful of questions from the controversial California bar exam administered in February were drafted using generative artificial intelligence demonstrates the continued importance of disclosure for attorneys who use AI tools, say attorneys at Troutman.
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The Sentencing Guidelines Are Commencing A New Era
Sweeping new amendments to the U.S. sentencing guidelines — including the elimination of departure provisions — intended to promote transparency and individualized justice while still guarding against unwarranted disparities will have profound consequences for all stakeholders, say attorneys at Blank Rome.
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Max Pressure On Iran May Raise Secondary Sanctions Risk
New sanctions designations announced June 6 are the latest in a slew of actions the administration has taken to put pressure on Iran’s military programs and petroleum exports that will likely increase non-U.S. businesses’ secondary sanctions risk, says John Sandage at Berliner Corcoran.
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White Collar Archetypes: Molding Your 'Great Gatsby' Ally
To ensure their witnesses effectively perform the role of ally and earn jurors’ trust at trial, white collar attorneys can glean a few lessons from the narrator of “The Great Gatsby,” whose credibility with readers arises in part from his perspective as both an insider and an outsider, say attorneys at Lightfoot Franklin.
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In 2nd Place, Va. 'Rocket Docket' Remains Old Reliable
The U.S. District Court for the Eastern District of Virginia was again one of the fastest civil trial courts in the nation last year, and an interview with the court’s newest judge provides insights into why it continues to soar, says Robert Tata at Hunton.
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What FCA Liability Looks Like In The Cybersecurity Realm
Two recent settlements highlight how whistleblowers and the U.S. Department of Justice have been utilizing the False Claims Act to allege fraud predicated on violations of cybersecurity standards — timely lessons given new bipartisan legislation introducing potential FCA liability for artificial intelligence use, say attorneys Rachel Rose and Julie Bracker.
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Foreign Sovereign Entities Should Heed 9th Circ. IP Ruling
After the Ninth Circuit recently held that four Chinese state-controlled companies were not immune from criminal indictment for alleged economic espionage, foreign sovereign-controlled entities should assess whether their operations and affiliation with their parent states qualify for sovereign immunity under the common law, say attorneys at Cleary.
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How Attorneys Can Become Change Agents For Racial Equity
As the administration targets diversity, equity and inclusion efforts and law firms consider pulling back from their programs, lawyers who care about racial equity and justice can employ four strategies to create microspaces of justice, which can then be parlayed into drivers of transformational change, says Susan Sturm at Columbia Law School.
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5 Takeaways From DOJ's Media Compulsory Process Rules
The U.S. Department of Justice’s new rules, making it easier for law enforcement investigating leaks to compel members of the media and third parties to disclose information, could have wide-ranging impacts, from reduced protections for journalists and organizations, to an expanded focus on nonclassified material, say attorneys at WilmerHale.
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Public Cos. Must Heed Disclosure Risks Amid Trade Chaos
Ongoing uncertainties caused by President Donald Trump's shifting stances on tariffs and trade restrictions have exponentially escalated financial reporting pressures on public companies, so businesses must ensure that their operations and accounting practices align with the U.S. Securities and Exchange Commission's standards, say Jennifer Lee at Jenner & Block and Edward Westerman at Secretariat Advisors.
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Series
Running Marathons Makes Me A Better Lawyer
After almost five years of running marathons, I’ve learned that both the race itself and the training process sharpen skills that directly translate to the practice of law, including discipline, dedication, endurance, problem-solving and mental toughness, says Lauren Meadows at Swift Currie.
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High Court Ruling Bucks Trend Of Narrowing Fraud Theories
The U.S. Supreme Court’s recent Kousisis v. U.S. decision, holding that economic loss is not required to establish prosecutors’ fraudulent inducement theory of fraud, is at odds with its decadeslong narrowing of federal fraud statutes’ reach, and may lead to convictions for a wide variety of contractual misrepresentations, say attorneys at Keker Van Nest.
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DOJ Policy Shifts May Resurrect De Facto 'China Initiative'
The U.S. Department of Justice's recently unveiled white collar enforcement strategy seemingly marks a return to a now-defunct 2018 policy aimed at combating national security concerns with China, and likely foretells aggressive scrutiny of trade and customs fraud, sanctions evasion, and money laundering, say attorneys at BakerHostetler.
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Series
Law School's Missed Lessons: Supporting A Trial Team
While students often practice as lead trial attorneys in law school, such an opportunity likely won’t arise until a few years into practice, so junior associates should focus on honing skills that are essential to supporting a trial team, including organization, adaptability and humility, says Lucy Zelina at Tucker Ellis.