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White Collar
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									October 24, 2025
									UK Litigation Roundup: Here's What You Missed In LondonThis past week in London has seen the Financial Conduct Authority launch legal action against a Chinese cryptocurrency exchange, The Londoner magazine face a defamation claim from an entrepreneur accused of "scamming" Knightsbridge landlords, and Gucci sued by its cosmetics supplier as L'Oréal announces plans to buy the Italian fashion house's beauty brand. Here, Law360 looks at these and other new claims in the U.K. 
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									October 23, 2025
									Jurors See MIT Bros' Chats, Plans For $25M Crypto GambitJurors weighing the fate of two MIT-educated brothers accused of pulling a $25 million crypto heist on Thursday saw a swath of messages and search history that prosecutors say detail the planning for a high-tech fraud that profited at the expense of other traders on the Ethereum blockchain. 
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									October 23, 2025
									DC Judge Won't Let Meta Claw Back Discovery DocsA D.C. Superior Court judge on Thursday said that attorneys for Meta told researchers to modify their research into its platform's effects on teens' mental health to curtail liability, finding that the crime-fraud exception to communications between attorney and client applies. 
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									October 23, 2025
									Ex-Mich. Speaker Aide Cops To Embezzlement, Will TestifyA former top staffer for former Michigan House Speaker Lee Chatfield pled guilty to embezzling from a political nonprofit while working for the state and, as part of a plea deal, has agreed to provide "truthful testimony in future hearings," according to an announcement made Thursday. 
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									October 23, 2025
									Ex-Amazon Coder Says She's Turned Life Around Since HackA former Amazon.com Inc. coder who exposed the personal data of nearly 100 million people should be sent to prison, the U.S. government said in a new Seattle federal court filing that seeks a seven-year sentence for her. 
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									October 23, 2025
									Ex-SVB Top Brass Can't Ditch FDIC Suit Over 2023 CollapseSilicon Valley Bank's former CEO and several other past members of the bank's top brass must face a suit from the Federal Deposit Insurance Corp. accusing them of mismanagement that led to the bank's costly 2023 failure, a California federal judge has ruled. 
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									October 23, 2025
									Ex-NY Atty Gets Sentence Reduced In Grand Larceny CaseA New York appeals court on Thursday ruled that a prison term for a disbarred attorney who pled guilty to stealing over half a million dollars from the estate he was hired to represent was too high, ordering that it be reduced. 
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									October 23, 2025
									FINRA Announces Probe Of Broker-Dealers' China WorkThe Financial Industry Regulatory Authority notified its members on Thursday that it is investigating broker-dealers that have helped small companies based out of China and other foreign jurisdictions to go public, signaling that it is looking for possible stock manipulation tied to the firms' work. 
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									October 23, 2025
									Full 5th Circ. Asked To Rehear Texas Bankers' OCC DisputeTwo former Texas bankers have asked the full Fifth Circuit to revive their constitutional challenge to an in-house Office of the Comptroller of the Currency enforcement case, arguing that the appellate panel's decision to reject their appeal wrongly stripped them of their right to a jury trial and handed banking agencies "unlimited discretion" to prosecute old misconduct. 
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									October 23, 2025
									Ex-ComEd CEO Asks 7th Circ. For Bail Pending AppealFormer Exelon Utilities and Commonwealth Edison CEO Anne Pramaggiore has renewed her request to remain out of jail while she seeks to unwind her criminal conviction and two-year prison sentence, this time asking the Seventh Circuit for bond ahead of her December surrender date. 
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									October 23, 2025
									SEC Being Misled In CBD Fraud Fight, CEO ClaimsThe U.S. Securities and Exchange Commission has "unwittingly" taken the side of a former partner with a terminated licensing agreement, a pharmaceutical CEO told a California federal court this week, asking for summary judgment on the SEC's core claims that he defrauded investors. 
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									October 23, 2025
									SEC Accuses Hedge Fund Manager Of $2.7M Fraud SchemeThe U.S. Securities and Exchange Commission accused a New York-based investment adviser of using two companies to defraud over 25 investors out of $2.7 million with false promises of positive returns. 
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									October 23, 2025
									1st Circ. Affirms Navy Officer Conviction In Afghan Visa ScamThe First Circuit affirmed a New Hampshire jury's conviction of a U.S. Navy Reserve officer who participated in a scheme to provide letters of recommendation for Afghans seeking visas to enter the United States in exchange for money. 
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									October 23, 2025
									Mich. Defense Atty Charged With Smuggling Drugs Into PrisonA Michigan criminal defense lawyer has been accused of attempting to smuggle drugs into a state prison during a client visit, according to court records. 
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									October 23, 2025
									Feds, Ex-Magellan CEO Still Split Over Sentencing FactorsLawyers for a former Magellan Diagnostics CEO and the government are still at odds over whether a judge should consider the product mislabeling charge she pled guilty to in March to be tantamount to fraud — an assertion the defense says is an attempt by prosecutors to "shoehorn" in allegations never put to proof. 
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									October 23, 2025
									Court Won't Rethink 'Survivor' Winner's $3M Tax BillA Rhode Island federal judge won't reconsider his opinion that the first winner of reality show "Survivor" must pay $3.3 million in taxes, maintaining that it is unclear whether the federal government can take his sister's property to pay down the debt. 
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									October 23, 2025
									Trump Pardons Convicted Binance Founder Changpeng ZhaoPresident Donald Trump has pardoned the convicted Binance founder Changpeng Zhao, a move that could open the door for Zhao to return to Binance if he so chooses, and for the crypto exchange to renegotiate the terms of its own plea deal, experts said Thursday. 
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									October 23, 2025
									NBA Coach Billups, Guard Rozier Arrested In Gambling BustChauncey Billups, the head coach of the NBA's Portland Trail Blazers, and Terry Rozier, a point guard with the Miami Heat, have been arrested on federal gambling charges in what the FBI on Thursday called a "sweeping" and "historic" Mafia-linked crackdown. 
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									October 22, 2025
									EDGAR Filer Worker Cops To Insider Trading ConspiracyA former employee of a company that handles U.S. Securities and Exchange Commission filings for public companies has pled guilty to insider trading in connection with federal prosecutors' charges he used nonpublic information to buy up shares of issuers poised to announce positive news. 
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									October 22, 2025
									Crypto Exchange Fined $126.4M For AML Violations In CanadaA Canadian financial regulator on Wednesday ordered crypto exchange Cryptomus to pay a 177 million Canadian dollar ($126.4 million) penalty to resolve anti-money laundering compliance claims, many of which concern transactions connected to sex trafficking and fraud. 
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									October 22, 2025
									Hi-Tech Pharma Fraud Charges Just A 'Paper Case,' Jury ToldA Georgia-based dietary supplement outfit and its longtime CEO urged a Peach State jury Wednesday to acquit them of charges that they forged regulatory documents and slipped prescription drugs into their pills, deriding the federal charges against them as "regulation by prosecution." 
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									October 22, 2025
									Ex-Mars Candy Exec Must Forfeit Accounts After $28M FraudA former Mars Inc. risk executive who pled guilty to a $28.4 million wire fraud and tax evasion scheme must forfeit eight personal financial accounts subject to third-party objections within 30 days, according to a preliminary order signed by a Connecticut federal judge. 
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									October 22, 2025
									States Back Boston Hospital In Fight Over Trans Care RecordsA group of states backed a Boston hospital in its bid to block the Trump administration from accessing transgender care records, warning a federal judge that allowing the government's request could expose a wide variety of doctors to criminal charges. 
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									October 22, 2025
									OCC Drops $10M Fine, Ban In Wells Fargo Ex-Exec DealThe Office of the Comptroller of the Currency has agreed to end a long-running case accusing a former Wells Fargo risk officer of failing to prevent the bank's fake accounts scandal, striking a deal that drops its pursuit of a $10 million fine and industry ban. 
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									October 22, 2025
									Jury Convicts Man In $200M Counterfeit Smuggling SchemeA California federal jury has convicted a man of participating in a scheme to smuggle as much as $200 million worth of counterfeit luxury items into the U.S. through the ports of Los Angeles and Long Beach. 
Expert Analysis
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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. 
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								Protecting Sensitive Court Filings After Recent Cyber Breach  In the wake of a recent cyberattack on federal courts' Case Management/Electronic Case Files system, civil litigants should consider seeking enhanced protections for sensitive materials filed under seal to mitigate the risk of unauthorized exposure, say attorneys at Redgrave. 
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								DOJ Chemical Seizure Shows Broad Civil Forfeiture Authority.jpg)  The U.S. Department of Justice’s recent seizure of meth precursor chemicals en route from China to Mexico illustrates the U.S. government's powerful jurisdictional reach to seek forfeiture of cartel-related assets, and company compliance programs must take note, say attorneys at White & Case. 
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								Series NC Banking Brief: All The Notable Legal Updates In Q3-(1).jpg)  There were several impactful changes to the financial services landscape in North Carolina in the third quarter of the year, including statutory updates, enforcement developments from Office of the Commissioner of Banks, and notable mergers, acquisitions and branch expansions, say attorneys at Moore & Van Allen. 
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								Despite Fraud Focus, SEC Still Targeting Technical Violations  The U.S. Securities and Exchange Commission under Chairman Paul Atkins has emphasized its back-to-basics strategy, focusing on identifying and combating fraud and manipulation, but at the same time, it has continued to pursue nonfraud-based actions targeting technical rule violations, a trend that will likely continue, say attorneys at Morgan Lewis. 
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								Series NY Banking Brief: All The Notable Legal Updates In Q3  Of note in the third quarter of the year, New York state regulators moved forward on their agendas to limit abuse of electronic banking, including via a settlement with stablecoin issuer Paxos and a lawsuit against Zelle alleging insufficient security measures, says Chris Bonner at Barclay Damon. 
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								High Court Right-To-Counsel Case Could Have Seismic Impact  The U.S. Supreme Court will hear arguments next week in Villarreal v. Texas about whether prohibiting testimony discussions between defendants and their counsel during an overnight recess violates the Sixth Amendment, and the eventual decision could impose a barrier in the attorney-client relationship, say attorneys at Arnold & Porter. 
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								Series Judging Figure Skating Makes Me A Better Lawyer  Judging figure skating competitions helps me hone the focus, decisiveness and ability to process complex real-time information I need in court, but more importantly, it makes me reengage with a community and my identity outside of law, which, paradoxically, always brings me back to work feeling restored, says Megan Raymond at Groombridge Wu. 
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								Series Calif. Banking Brief: All The Notable Legal Updates In Q3  The third quarter of 2025 brought legislative changes to state money transmission certification requirements and securities law obligations, as well as high-profile accounting and anti-money laundering compliance enforcement actions by the Department of Financial Protection and Innovation, say attorneys at Ropes & Gray. 
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								What Ethics Rules Say On Atty Discipline For Online Speech  Though law firms are free to discipline employees for their online commentary about Charlie Kirk or other social media activity, saying crude or insensitive things on the internet generally doesn’t subject attorneys to professional discipline under the Model Rules of Professional Conduct, says Stacie H. Rosenzweig at Halling & Cayo. 
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								Kimmel 2nd Circ. Victory Holds Novel Copyright Lessons  The Second Circuit's recent decision in Santos v. Kimmel, dismissing a copyright infringement claim against Kimmel for airing Cameo videos recorded by former U.S. Rep George Santos, examines the unusual situation of copyrighted works created at the request of the alleged infringer, say attorneys at Venable. 
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								2 Rulings Highlight IRS' Uncertain Civil Fraud Penalty Powers  Conflicting decisions from the U.S. Tax Court and the Northern District of Texas that hinge on whether the IRS can administratively assert civil fraud penalties since the U.S. Supreme Court’s 2024 decision in SEC v. Jarkesy provide both opportunities and potential pitfalls for taxpayers, says Michael Landman at Bird Marella. 
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								Junior Attys Must Beware Of 5 Common Legal Brief MistakesExcerpt from Practical Guidance.jpg)  Junior law firm associates must be careful to avoid five common pitfalls when drafting legal briefs — from including every possible argument to not developing a theme — to build the reputation of a sought-after litigator, says James Argionis at Cozen O'Connor.