White Collar

  • April 10, 2025

    NH Justice Launches New Bids To Toss Criminal Charges

    A New Hampshire Supreme Court justice has launched a new series of motions to dismiss charges she interfered with the state attorney general's investigation of her husband, after two earlier dismissal bids failed.

  • April 10, 2025

    Exec Facing Tax Evasion Charges To Remain In Custody

    An aerospace company founder facing tax evasion and other fraud charges will remain in pretrial detention because he's considered a major flight risk, a D.C. federal court ruled.

  • April 10, 2025

    Mass. Officials, Feds On A 'Low Boil' After Midtrial ICE Arrest

    The midtrial immigration arrest of a Dominican national during his Massachusetts court case has raised tensions between federal and state prosecutors and threatens to injure cooperation between the offices, experts say.

  • April 10, 2025

    Mich. Justices Bar Mandatory Life Terms For 19-, 20-Year-Olds

    A split Michigan Supreme Court on Thursday said 19- and 20-year-olds' youth and capacity for rehabilitation must be considered when punishing them for murder, declaring mandatory life sentences for the late adolescents unconstitutional, while dissenting justices cautioned against the majority's reliance on a "parade of neuroscientific studies" to reshape the law.  

  • April 10, 2025

    Texas Group Seeks Halt Of Trump Admin Border Cash Order

    A Texas trade group has urged a federal judge to immediately block the Trump administration's order singling out cash-moving businesses along the southwest border for heightened anti-money laundering reporting, saying the order is unjustified and discriminates against businesses that serve predominately Latino immigrant communities.

  • April 10, 2025

    NY AG Calls For 'Common-Sense' Rules In Crypto Legislation

    New York Attorney General Letitia James sent a letter to leaders of both chambers of Congress on Thursday urging them to ensure that any crypto legislation includes strong guardrails to protect consumers, national security and market stability.

  • April 10, 2025

    Ex-Trump Attys Seek To Block Jan. 6 Info In Mich. Ethics Case

    Attorneys accused of violating ethics rules amid their involvement in a legal challenge to Michigan's 2020 presidential election results and supporting President Donald Trump's election fraud theories have urged the Michigan Attorney Discipline Board's hearing panel not to accept evidence or witnesses regarding the events of Jan. 6, 2021, arguing they are "completely irrelevant."

  • April 10, 2025

    Holmes Seeks Full 9th Circ. Review Of Theranos Fraud Appeal

    Convicted Theranos Inc. founder Elizabeth Holmes has asked the Ninth Circuit for en banc review of a panel's decision to affirm her criminal fraud conviction and 11-year prison sentence, saying problems with the opinion included a "time-warping relevance theory."

  • April 10, 2025

    Judge Approves Sale Of Ex-Riverfront CFO's Detroit Bar

    A former chief financial officer who pled guilty to stealing tens of millions of dollars from a Detroit nonprofit got a federal judge's approval Wednesday to sell his nightclub as he faces paying a $45.5 million restitution bill.

  • April 10, 2025

    Ex-EBay Execs Want To Question Key Stalking Case Witness

    Three former eBay executives facing claims they helped direct a campaign to harass bloggers critical of the company have told a Massachusetts federal judge they want to question a key witness about his past role as an undercover government agent.

  • April 10, 2025

    Man Admits To $12.5M PPE Investment Fraud

    A California man pled guilty Thursday to defrauding investors of $12.5 million by telling them he had a business opportunity to manufacture personal protective equipment and to create an aerosol product that would kill the coronavirus, Texas federal prosecutors said.

  • April 10, 2025

    DEA Ignored Subpoenas In Criminal Case, Suit Alleges

    A pair of defendants in a pending state court criminal case in San Diego County have asked a California federal judge to compel the U.S. Drug Enforcement Administration to direct two of its agents to testify in that matter, alleging the agency has violated the law by ignoring subpoenas.

  • April 10, 2025

    Conn. Justices Seem Open To Redo Of Atty's Scam Damages

    Justices of the Connecticut Supreme Court appeared sympathetic Thursday to an attorney's argument that they should boost the damages he won against scammers in an identity theft case, and asked probing questions about how the $450,000 award was calculated, then recalculated, in two lower courts.

  • April 10, 2025

    No Plan To Trim Do Kwon Case After Crypto Memo, Feds Say

    A U.S. Department of Justice memo outlining the Trump administration's cryptocurrency policy and enforcement priorities has not prompted prosecutors to alter their $40 billion criminal fraud case against Terraform founder Do Kwon, a government lawyer told a Manhattan federal judge Thursday.

  • April 10, 2025

    NY Fines Block $40M For Cash App Compliance Failures

    Jack Dorsey's financial technology firm Block Inc. said Thursday that it will pay a $40 million penalty to New York regulators over allegedly lax anti-money laundering procedures on its payments platform Cash App following a multistate settlement in January over similar alleged violations.

  • April 10, 2025

    Conn. Man Who Threatened Judges Avoids More Prison Time

    A Connecticut resident who admitted to sending over 100 threatening letters to various government officials, journalists and judges, including U.S. Supreme Court Justice Ketanji Brown Jackson, was sentenced to time served and three years of supervised release in a downward departure from federal sentencing guidelines.

  • April 09, 2025

    FBI Agent Denounced By OneTaste Execs Likely To Testify

    An FBI agent accused of misconduct by two former OneTaste executives will likely be allowed to testify at their upcoming trial on forced labor conspiracy charges, a Brooklyn federal judge said Wednesday.

  • April 09, 2025

    Dems Decry 'Industry Wishlist' As House Mulls Crypto Rules

    House Democrats on Wednesday sought to keep the Trump family's involvement in crypto ventures and the industry's lobbying efforts in sharp focus as lawmakers began devising market structure legislation for digital assets during a hearing.

  • April 09, 2025

    Shopping App Founder Charged In $40M Fraud Scheme

    New York federal prosecutors announced Wednesday that they've charged Nate Inc.'s founder with securities and wire fraud for allegedly claiming that his AI-powered automated shopping app streamlined checkout processes for online purchases without human involvement, while hiding that foreign workers were manually processing transactions and defrauding investors out of $40 million.

  • April 09, 2025

    Furniture Co. Will Pay $1.5M Over PPP Loan Fraud Charge

    A North Carolina leather furniture supplier has agreed to a nearly $1.5 million deal ending government claims that it used manipulated payroll numbers to meet requirements for loan forgiveness under the COVID-era federal Payment Protection Program.

  • April 09, 2025

    Purported AI Co. Founder Gets 2½ Years For Fraud

    The founder of a purported artificial intelligence video analysis startup will spend 2½ years in prison after pleading guilty to securities fraud in connection with government claims he lied to investors, including a venture capital fund and a university endowment fund, about his company's revenue and track record of securing investments.

  • April 09, 2025

    Judge Rejects Objections To $400M GPB Capital Payout Plan

    A New York federal judge has approved a plan to distribute up to $400 million to investors defrauded by GPB Capital Holdings, rejecting objections from company insiders who argued the settlement was unfair because they could still face liability, finding that those concerns didn't outweigh the need to compensate defrauded victims.

  • April 09, 2025

    Ill. Senator Sought Bribe In 'Politics For Profit,' Feds Say

    An Illinois state senator engaged in "politics for profit" as he solicited a bribe to limit a state study on automated traffic enforcement and then lied about his conduct to investigators, federal prosecutors told a jury Wednesday.

  • April 09, 2025

    Country's Largest Egg Producer Discloses DOJ Price Probe

    Cal-Maine Foods Inc., which bills itself as the country's largest producer and distributor of fresh shell eggs, on Tuesday became the first company to disclose being targeted by a U.S. Department of Justice civil probe into spiking egg prices.

  • April 09, 2025

    Mass. Justices Asked To Raise Bar For Pension, Benefit Loss

    Massachusetts' highest court was asked on Wednesday to adopt a more expansive interpretation of what constitutes cruel or unusual punishment or an excessive fine in the case of a former state trooper whose $1 million public pension and healthcare benefits were forfeited after his conviction in an overtime fraud case.

Expert Analysis

  • The OIG Report: Preparing For Oversight In 2025

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    Across sectors, Office of Inspector General work plans and challenge reports for 2025 provide a trove of information on the issues and industries that will likely be the focus of government oversight in the year to come, says Diana Shaw at Wiley.

  • What To Expect In Higher Ed Enforcement Under Trump

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    Colleges and universities should prepare for shifting priorities, as President-elect Donald Trump is likely to focus less on antitrust cases and more on foreign relations policy, while congressional oversight of higher education continues to increase, say attorneys at Steptoe.

  • Series

    NY Banking Brief: All The Notable Legal Updates In Q4

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    In 2024's final quarter, the New York State Department of Financial Services published guidance on mitigating the rising cybersecurity risks of artificial intelligence and remote technology workers with North Korean ties, and the state attorney general launched an antitrust investigation into Capital One's proposed Discover merger, say attorneys at Haynes Boone.

  • How Trial Attys Can Wield Amended Federal Evidence Rules

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    Trial lawyers should assess recent amendments to four Federal Rules of Evidence and a newly enacted rule on illustrative aids to determine how to best use the rules to enhance pretrial discovery and trial strategy, says Stewart Edelstein, former litigation chair at Cohen & Wolf.

  • Series

    Exercising On My Peloton Bike Makes Me A Better Lawyer

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    While I originally came to the Peloton bike for exercise, one cycling instructor’s teachings have come to serve as a road map for practicing law thoughtfully and mindfully, which has opened opportunities for growth and change in my career, says Andrea Kirshenbaum at Littler.

  • Takeaways From SEC's Mixed Results In '24 Crypto Litigation

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    Though the U.S. Securities and Exchange Commission's new leadership seems likely to create a more favorable cryptocurrency regulatory environment, it must also confront the consequences of, and lingering questions raised by, the SEC's 2024 policy of investigating and charging cryptocurrency trading platforms for operating unregistered exchanges, say attorneys at Dechert.

  • Opinion

    Aviation Watch: How Court Nixed Boeing Plea Deal Over DEI

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    A Texas federal court's rejection of the plea agreement between the U.S. Department of Justice and Boeing over the 737 Max aircraft gratuitously injected the court's views on diversity, equity and inclusion into a case that shouldn't have been a criminal matter in the first place, says Alan Hoffman, a retired attorney and aviation expert.

  • Series

    In The CFPB Playbook: A Sprint To The Finish Line

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    The fourth quarter of 2024 was an impressive demonstration of the Consumer Financial Protection Bureau's ability to regulate, enforce and supervise, even on borrowed time following the election results, and we should expect the current bureau to run nonstop until Jan. 20, say attorneys at Covington.

  • What FARA Enforcement In 2024 Reveals For The Year Ahead

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    A number of developments, from indictments to legislation, shaped the Foreign Agents Registration Act enforcement landscape last year, and following the U.S. Department of Justice's recently released long-awaited proposed amendments to the law, 2025 shows no signs of slowing down, says Tessa Capeloto at Wiley.

  • How New Fraud Enforcement Tool Affects Gov't Contractors

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    Government contractors will likely face greater scrutiny under the recently enacted Administrative False Claims Act, which broadens federal agencies' authority to pursue low-dollar fraud claims, but contractors may also find the act makes settlement of such claims easier to negotiate, say attorneys at Wiley.

  • Exploring Venue Strategy For Trump-Era Regulatory Litigation

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    Litigation will likely play a prominent role in shaping policy outcomes during the second Trump administration, and stakeholders have several tools at their disposal to steer regulatory litigation toward more favorable venues, say attorneys at Covington.

  • Consultants Should Be Aware Of DOJ's Potential New Reach

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    The U.S. Department of Justice's recent first-of-its-kind settlement with McKinsey & Co. indicates not only the DOJ's more aggressive stance toward businesses' potential criminal wrongdoings, but also the benefits of self-disclosure and cooperation when wrongdoing becomes apparent, says Dom Caamano at Kibler Fowler.

  • New Year, New Risks: 8 Top Cyber Issues For Finance In 2025

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    As financial institutions forge ahead in 2025, they must strike a delicate balance between embracing technological innovation and guarding against its darker threats, which this year could include everything from supply chain vulnerabilities to deepfakes, say attorneys at Baker Donelson.

  • Series

    Playing Esports Makes Me A Better Lawyer

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    Competing in a global esports tournament at Wimbledon last year not only fulfilled my childhood dream, but also sharpened skills that are essential to my day job, including strategic thinking, confidence and networking, says AJ Schuyler at Jackson Lewis.

  • Lessons From The SEC's 2024 Crackdown On AI Washing

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    AI washing was the subject of increased scrutiny from the U.S. Securities and Exchange Commission in 2024 following a surge in the commercial adoption of generative artificial intelligence technologies in 2023, highlighting the importance of transparency, accuracy and accountability when communicating about AI, say attorneys at Perkins Coie.

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