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White Collar
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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.
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January 08, 2026
Trader Gets Win On Subpoena Ahead Of Quant Secrets Trial
A Manhattan federal judge said Thursday that a California quantitative trader accused of stealing billion-dollar secrets from Headlands Technologies has issued an enforceable subpoena to the firm ahead of his July criminal trial and vowed to detail what information must be provided.
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January 08, 2026
Fla. Man Avoids Jail For Insider Trades On ADT-Google Deal
A Florida man avoided a prison sentence Thursday after pleading guilty to insider trading on a Google-ADT deal and was instead sentenced to a term of probation when a judge found "extraordinary" circumstances warranted a lesser sentence.
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January 08, 2026
Trump Seeks $6.2M In Legal Fees In Ga. Election Case
President Donald Trump asked a state judge Wednesday to award him more than $6.2 million in legal fees from his Georgia election interference case, invoking a recent state law allowing defendants to recoup their expenses from public coffers if their prosecutors are disqualified for misconduct.
Expert Analysis
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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.
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DOJ's New Initiative Puts Title IX Compliance In Spotlight
Following the federal government's recent guidance regarding enhanced enforcement of discrimination on the basis of sex, organizations should evaluate whether they fall under the aegis of Title IX's scope, which is broader than many realize, and assess discrimination prevention opportunities, say attorneys at Foley & Lardner.
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Series
Law School's Missed Lessons: Adapting To The Age Of AI
Though law school may not have specifically taught us how to use generative artificial intelligence to help with our daily legal tasks, it did provide us the mental building blocks necessary for adapting to this new technology — and the judgment to discern what shouldn’t be automated, says Pamela Dorian at Cozen O'Connor.
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Ch. 11 Ruling Voiding $2M Litigation Funding Sends A Warning
A recent Texas bankruptcy court decision that a postconfirmation litigation trust has no obligations to repay a completely drawn down $2 million litigation funding agreement serves as a warning for estate administrators and funders to properly disclose the intended financing, say attorneys at Kleinberg Kaplan.
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DOJ's Novel Cybersecurity FCA Case Is A Warning To Medtech
The U.S. Department of Justice's recent False Claims Act settlement with Illumina over alleged cybersecurity deficiencies suggests that enforcement agencies and whistleblowers are focusing attention toward cybersecurity in life sciences and medical tech, but also reveals key unanswered questions about the legal viability of such allegations, say attorneys at Morgan Lewis.
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Insuring Against FCA Risk In Shifting Trade Landscape
In today's heightened trade enforcement environment, companies should proactively assess whether their insurance programs are positioned to respond to potential False Claims Act or customs-related claims, including reviewing directors and officers, professional liability, and representations and warranties policies for key terms, say attorneys at Pillsbury.
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Demystifying The Civil Procedure Rules Amendment Process
Every year, an advisory committee receives dozens of proposals to amend the Federal Rules of Civil Procedure, most of which are never adopted — but a few pointers can help maximize the likelihood that an amendment will be adopted, says Josh Gardner at DLA Piper.
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With Obligor Ruling, Ohio Justices Calm Lending Waters
A recent decision by the Ohio Supreme Court, affirming a fundamental principle that lenders have no duty to disclose material risks to obligors, provides clarity for commercial lending practices in Ohio and beyond, and offers a reminder of the risks presented by guarantee arrangements, says Carrie Brosius at Vorys.