White Collar

  • December 12, 2025

    Cayuga Nation RICO Win Overshadowed By Pot Shop Verdict

    The Cayuga Nation suffered a partial loss Thursday when a New York federal jury essentially sided with a tribal citizen and his partner, who were operating an illicit smoke shop, finding that although the business owners did violate RICO, the damages they incurred due to a tribal police seizure were far worse.

  • December 12, 2025

    Bogus AI Hedge Fund Chief Finalizes $4.1M SEC Deal

    A self-styled hedge fund CEO who pled guilty to scamming investors with claims that his firm used artificial intelligence for its high-frequency trading strategy has finalized a parallel $4.1 million settlement with the U.S. Securities and Exchange Commission, though the debts would be considered satisfied by his criminal restitution, a Brooklyn federal judge said Friday.

  • December 12, 2025

    MVP: Sullivan & Cromwell's Nicolas Bourtin

    Sullivan & Cromwell LLP's Nicolas Bourtin played a key role in the dismissal of all criminal charges in a foreign bribery case against the ex-general counsel for Cognizant Technology Solutions Corp., and helped TD Bank reach a historic resolution in a criminal probe of its anti-money laundering program, securing him a spot as one of the 2025 Law360 White Collar MVPs.

  • December 12, 2025

    Del. US Atty Resigns Citing 'Politics,' Successor Appointed

    The acting U.S. Attorney for Delaware said Friday that she is resigning, citing "a highly politicized, flawed blue-slip tradition" for nominees and saying she "fully" supports her first assistant, who has been appointed by a federal judge to succeed her.

  • December 12, 2025

    Higgs Fletcher Forms White Collar, Regs Enforcement Team

    San Diego-based law firm Higgs Fletcher & Mack LLP has launched a white collar crime and regulatory enforcement defense practice group, citing heightened regulatory scrutiny in the financial and healthcare sectors and rising enforcement risks for licensed professionals and institutions.

  • December 12, 2025

    Dems Demand Release Of 2nd Jack Smith Report

    Democrats on the House Judiciary Committee wrote to Attorney General Pam Bondi on Friday demanding she release the second volume of former special counsel Jack Smith's report on President Donald Trump's retention of classified documents after he left office the first time.

  • December 11, 2025

    9th Circ. Upholds Apple App Store Injunction In Epic Fight

    The Ninth Circuit mostly affirmed an injunction blocking Apple Inc. from charging developers "prohibitive" commissions on iPhone app purchases made outside its systems on Thursday, handing Epic Games Inc. a partial win in their hotly contested compliance fight while agreeing with Apple that the injunction's commissions ban and certain restrictions are punitive and overbroad.

  • December 11, 2025

    Feds Reportedly Fail To Reindict NY AG Letitia James, Again

    New York Attorney General Letitia James' attorney Thursday celebrated reports that another Virginia federal grand jury declined to reindict her on charges of mortgage fraud, the second jury in a week to reject a case President Donald Trump had pushed prosecutors to pursue against a political opponent he's called "guilty as hell."

  • December 11, 2025

    Ex-Abercrombie CEO Headed For Competency Hearing

    A New York federal judge said Thursday she will hold a competency hearing for former Abercrombie & Fitch Co. CEO Michael Jeffries to see whether he can stand trial on sex trafficking charges, following recent findings that he's overcome his earlier incompetency.

  • December 11, 2025

    SEC Gets Amended $32M Win In Real Estate Fraud Suit

    A Florida federal judge on Dec. 11 granted the U.S. Securities and Exchange Commission's bid for an amended $32 million default judgment against three companies owned by two French half-brothers accused of misappropriating $40 million from investors in a real estate investment fraud scheme, and entered a final judgment against one of the brothers.

  • December 11, 2025

    SEC Must Provide Names To Compliance Chief In Fraud Suit

    An Illinois federal judge on Thursday ordered the U.S. Securities and Exchange Commission to comply with a chief compliance officer's request for the names of agency staffers familiar with his whistleblower claims as he defends allegations that he played a role in a purportedly fraudulent stock offering by a "sham" energy company.

  • December 11, 2025

    Ill. State Sen. Fends Off Bribery Retrial With Government Deal

    A sitting Illinois state senator who was set for a criminal bribery retrial has agreed instead to enter a deferred prosecution agreement that will see his federal case dismissed next year as long as he follows certain conditions without issue and pays the U.S. government $6,800.

  • December 11, 2025

    Mass. Woman Charged With Theft Of $1M IRS Refund Check

    A Massachusetts woman has been arrested on allegations that she set up a bogus corporation and a bank account in a scheme to steal a tax refund check for nearly $1 million that she says she was sent by a man she met online, federal prosecutors announced Thursday.

  • December 11, 2025

    Fed Terminates 3 Actions Against Credit Suisse, JPMorgan

    The Federal Reserve said Thursday that it has terminated a trio of enforcement actions against Credit Suisse Group AG and JPMorgan Chase & Co., lifting consent orders that were tied to alleged illicit finance practices and trade surveillance failures.

  • December 11, 2025

    5th Circ. Backs Man's Convictions In $3.6M Fraud Scheme

    The Fifth Circuit upheld conspiracy convictions for a Dallas man accused of fleecing a bank out of $3.6 million in renewed business loans, after rejecting his argument that the jury's learning of his brother's guilty plea tainted his case, ruling Wednesday that the plea did not directly implicate the man in the conspiracy.

  • December 11, 2025

    Terraform Founder Gets 15 Years For 'Epic' $40B Crypto Scam

    A Manhattan federal judge hit Terraform founder Do Kwon with a 15-year prison sentence Thursday, saying he caused "real people to lose $40 billion in real money" as he orchestrated a massive fraud that sunk the once high-flying crypto concern.

  • December 11, 2025

    Woman Charged With Fraud Over Gov't Cloud Security Claims

    A D.C. federal grand jury indicted a former senior manager of a Virginia-based contractor on fraud, wire fraud and obstruction charges over allegations that she misled the U.S. Army and other agencies about the security of the contractor's cloud-based platform.

  • December 11, 2025

    White House Pushes Halligan's Confirmation Despite Hurdles

    The White House is forging ahead with its bid to win confirmation of the president's controversial pick for U.S. attorney for the Eastern District of Virginia after a federal judge ruled she was serving illegally on an interim basis.

  • December 11, 2025

    MVP: Skadden's David Meister

    David Meister of Skadden Arps Slate Meagher & Flom LLP led a defense team representing Ke "Eric" Tang, the founder of cryptocurrency company KuCoin, scoring a deferred prosecution agreement after federal prosecutors indicted Tang on claims he owned part of an unlicensed money transmitting business, earning him a spot among the 2025 Law360 White Collar MVPs.

  • December 11, 2025

    Grassley Urges White House To Step It Up On Noms

    Sen. Chuck Grassley, chair of the Senate Judiciary Committee, had a message for the White House Thursday: "Get on the ball" with nominations for U.S. attorneys and the judiciary.

  • December 10, 2025

    DOJ Gets Another OK To Unseal Epstein Grand Jury Docs

    The U.S. Department of Justice on Wednesday secured another Manhattan federal judge's permission to unseal grand jury and other evidentiary materials related to the investigation of late sex offender Jeffrey Epstein, with the judge saying that a new law Congress passed "unequivocally" intends for the materials to be public.

  • December 10, 2025

    Ex-NY Gov Aide Rips Dearth Of Fact Witnesses In FARA Trial

    Counsel for an aide to two New York governors on Wednesday tore into allegations that she secretly acted as an agent of the People's Republic of China, telling a Brooklyn federal jury that the government's case rests on nothing more than out-of-context chats and little relevant testimony.

  • December 10, 2025

    Feds Drop 2 FIFA Bribery Cases Despite Appellate Win

    Brooklyn federal prosecutors are dropping criminal cases against a former 21st Century Fox executive and an Argentine sports marketing company in the long-running FIFA corruption probe, just months after successfully appealing the dismissal of their honest-services fraud conspiracy convictions.

  • December 10, 2025

    Fund Founder Charged With $42M Fraud, SEC Obstruction

    A Canadian citizen was arrested Wednesday in England and indicted on charges that he fraudulently raised more than $42 million from investors he courted on the social media platform Discord and elsewhere, and separately misled lenders in giving him more than $800,000 in credit.

  • December 10, 2025

    Trader Admits To Role In $350M Investment Fraud

    A trader admitted to his role in defrauding dozens of investors out of more than $350 million, according to the U.S. Department of Justice.

Expert Analysis

  • Understanding And Managing Jurors' Hindsight Bias

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    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.

  • Protecting Sensitive Court Filings After Recent Cyber Breach

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    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.

  • DOJ Chemical Seizure Shows Broad Civil Forfeiture Authority

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    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.

  • Series

    NC Banking Brief: All The Notable Legal Updates In Q3

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    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.

  • Despite Fraud Focus, SEC Still Targeting Technical Violations

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    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.

  • Series

    NY Banking Brief: All The Notable Legal Updates In Q3

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    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.

  • High Court Right-To-Counsel Case Could Have Seismic Impact

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    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.

  • Series

    Judging Figure Skating Makes Me A Better Lawyer

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    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.

  • Series

    Calif. Banking Brief: All The Notable Legal Updates In Q3

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    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.

  • What Ethics Rules Say On Atty Discipline For Online Speech

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    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.

  • Kimmel 2nd Circ. Victory Holds Novel Copyright Lessons

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    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.

  • 2 Rulings Highlight IRS' Uncertain Civil Fraud Penalty Powers

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    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.

  • Junior Attys Must Beware Of 5 Common Legal Brief Mistakes

    Excerpt from Practical Guidance
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    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.

  • Expect DOJ To Repeat 4 Themes From 2024's FCPA Trials

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    As two upcoming Foreign Corrupt Practice Act trials approach, defense counsel should anticipate the U.S. Department of Justice to revive several of the same themes prosecutors leaned on in trials last year to motivate jurors to convict, and build counternarratives to neutralize these arguments, says James Koukios at MoFo.

  • How The SEC Has Subtly Changed Its Injunction Approach

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    For decades, the U.S. Securities and Exchange Commission has relied on the obey-the-law injunction, but judicial deference to the SEC's desired language has fractured since 2012 — with the commission itself this year utilizing a more tailored approach to injunctions, albeit inconsistently, say attorneys at Hilgers Graben.

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