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White Collar
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April 08, 2026
ABA, State Bars Blast DOJ Proposal To Block Bar Probes
The American Bar Association and a chorus of state and local bar groups have come out against a proposed rule that would allow the U.S. Department of Justice to pause and review state-level ethics complaints against its attorneys, calling the proposal "unlawful and unconstitutional."
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April 08, 2026
Trader To Pay $4.2M For $77M Pump-And-Dump Scheme Role
A Massachusetts federal judge Wednesday ordered a penny stock trader to pay more than $4.2 million for his role in a $77 million pump-and-dump scheme, ruling in a lawsuit brought by the U.S. Securities and Exchange Commission.
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April 08, 2026
SEC Taps Gibson Dunn Partner For Enforcement Director
The U.S. Securities and Exchange Commission announced Wednesday that it has appointed a Gibson Dunn & Crutcher LLP partner and former senior enforcement attorney to serve as director of the agency's Division of Enforcement, following the abrupt resignation of the most recent director.
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April 08, 2026
Bondi To Skip Epstein Deposition After DOJ Cites AG Exit
Former Attorney General Pam Bondi will not sit for her scheduled deposition next week on the Epstein files now that she has left the role, and the Justice Department has asked the House Oversight Committee to withdraw its subpoena.
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April 07, 2026
DC Circ. Quizzes Gov't On Ex-Navy Admiral's Bribery Case
A D.C. Circuit judge said Tuesday that she couldn't understand why prosecutors asked — and the court allowed them — to cut 45 minutes from the interview of a retired high-ranking U.S. Navy admiral who was on trial for bribery tied to allegations he steered contracts to a firm that had promised him a job.
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April 07, 2026
Feds Launch Bid To Revamp AML Framework For Banks
Federal regulators on Tuesday unveiled plans to overhaul rules that require banks and other institutions to maintain programs for detecting and preventing illicit financial activity, advancing a Trump administration push to streamline anti-money laundering compliance.
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April 07, 2026
FINRA Fines JPMorgan Unit $3.25M Over Red Flag Lapses
A JPMorgan Chase & Co. subsidiary has agreed to pay a $3.25 million fine to end Financial Industry Regulatory Authority claims that it failed to take action on red flags raised over a registered representative's inappropriate and risky investment strategy recommendations that preceded significant customer losses.
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April 07, 2026
SEC Slams Past Enforcement As It Reports Fewer Cases
The U.S. Securities and Exchange Commission announced Tuesday that it brought almost 30% fewer original enforcement actions last year compared to the previous year, a dramatic decrease the agency said follows a past enforcement practice that aimed to "pursue media headlines and run up numbers."
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April 07, 2026
Adani Defendants Preview Dismissal Bid In SEC Case
Billionaire business leader Gautam Adani on Tuesday previewed his plans to seek dismissal of a U.S. Securities and Exchange Commission suit accusing him and his nephew of committing securities fraud in connection with a $750 million bond offering, arguing the claims are outside the scope of U.S. courts.
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April 07, 2026
SEC Says Firm, Atty Ran $6M High-Yield Investment Scheme
The U.S. Securities and Exchange Commission on Tuesday sued an investment firm, its owner and an attorney in Florida federal court for allegedly misappropriating $2.4 million from at least eight investors in a purported high-yield investment program that promised access to global financial tools.
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April 07, 2026
Abrego Garcia, DOJ Clash Over Vindictive Prosecution Claim
The U.S. Department of Justice told a Tennessee federal judge that prosecutors investigated and charged Kilmar Abrego Garcia by the books, while Abrego Garcia argued the government's responses to a vindictive prosecution claim "strain common sense" and ask the court to disregard reality.
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April 07, 2026
Winston & Strawn Adds White Collar Duo From McDermott
Winston & Strawn LLP announced Tuesday that it is beefing up its white collar defense and government investigations practice in Washington, D.C., and New York with the addition of two former McDermott Will & Schulte partners, who each have years of compliance experience.
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April 07, 2026
Prediction Markets Tumbling Toward Supreme Court
The vast expanse of litigation over sports offerings on prediction markets was jolted by a Third Circuit decision in favor of Kalshi this week, likely further speeding the issue's already fast track to the U.S. Supreme Court.
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April 07, 2026
Rivera Kept $50M Venezuela Deal Quiet, Ex-Partner Says
The government's star witness took the stand Tuesday in the criminal case against former U.S. Rep. David Rivera of Florida, telling jurors that Rivera and others kept a $50 million consulting contract with a unit of Venezuela's state-owned oil company quiet because of concerns about how it would be perceived in Miami.
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April 07, 2026
3rd Circ. Affirms NJ Man's Conviction For $40M Tax Fraud
A jury was right to convict a New Jersey man who made $40 million from filing false tax returns in a countrywide securities fraud scheme, the Third Circuit found in upholding the conviction, saying his arguments were not compelling enough to reverse the guilty verdict.
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April 07, 2026
7 Can't Take Part In FCC Subsidy Programs After Convictions
The Federal Communications Commission on Tuesday blocked seven people convicted of crimes from participating in the agency's numerous subsidy programs that are meant to bolster telecom service throughout the United States.
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April 07, 2026
ImmunityBio Filmmaker Traded On Insider Tip, SEC Says
A documentary filmmaker who worked for ImmunityBio Inc. will pay the U.S. Securities and Exchange Commission over $332,000 to end claims she scrambled to sell off her stake in the biotechnology company as it prepared to announce disappointing news about a pending drug application.
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April 07, 2026
Texas AG Says DOGE Data Led To Fraud Investigations
The Texas attorney general on Tuesday announced investigations into dozens of Medicaid providers across Texas, claiming that data from the Department of Government Efficiency led to the fraud allegations.
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April 07, 2026
Mexico Can't Dodge $47M Arbitral Award, DC Circ. Says
The D.C. Circuit on Tuesday refused to vacate a $47 million arbitral award issued to a Canadian lender following a fraudulent loan scheme, rejecting Mexico's argument that the tribunal misinterpreted part of the North American Free Trade Agreement.
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April 07, 2026
Trump, Others Fight DA's Appeal Over Election Case Fee Bid
President Donald Trump and others urged the Georgia Court of Appeals to reject Fulton County District Attorney Fani T. Willis' request to consider her bid to overturn a ruling that blocked her from intervening in an attempt by Trump and other co-defendants to recoup nearly $16 million in legal fees in a dismissed election interference case.
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April 07, 2026
2nd Circ. Says Unlicensed Bitcoin-Cash Swaps Can Be Crime
Exchanging bitcoin for U.S. currency can qualify as transferring funds under the criminal statute against operating an unlicensed money-transmitting business, the Second Circuit held Tuesday in an opinion backing the conviction of a man found guilty of laundering bitcoin that he was told came from drug sales.
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April 07, 2026
Insider Trading Case Unscathed By US Atty Office Shake-Up
A federal judge rejected a motion to dismiss the insider trading prosecution of a Garden State broker-dealer's ex-partner, ruling that questions about the leadership of the U.S. attorney's office in New Jersey, including findings that prior supervisory appointments were unlawful, do not taint the indictment or require disqualification of the case prosecutors.
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April 07, 2026
States, DC Back NY AG James In DOJ Probe Appeal
Backed by amici including the attorneys general of 20 states and the District of Columbia, New York Attorney General Letitia James is fighting the U.S. Department of Justice's bid to reopen an investigation into her office launched by a federal prosecutor found to have been serving unlawfully.
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April 07, 2026
DC Circ. Skeptical Ex-Steward CEO Could Skip Senate Hearing
A D.C. Circuit judge told the attorney for the embattled former CEO of Steward Health Care on Tuesday that she couldn't comprehend how his client could invoke his Fifth Amendment rights without showing up to his scheduled appearance before a Senate committee.
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April 07, 2026
Blanche Says Only Trump Knows Why Bondi's Leaving DOJ
Todd Blanche said on Tuesday he is now acting attorney general and no one, beyond the president, knows why Pam Bondi is out and he is in.
Expert Analysis
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Getting The Most Out Of Learning And Development Programs
Excerpt from Practical Guidance
Junior associates can better develop the legal, business and interpersonal skills they need for long-term success by approaching their firms’ learning and development programs armed with five tips for getting the most out of these resources, says Lauren Hakala at Reed Smith.
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'A-C-T' Agenda Signals New Regulatory Era At SEC Speaks
At this year's SEC Speaks, U.S. Securities and Exchange Commission Chairman Paul Atkins unveiled his ambitious A-C-T agenda — advance, clarify and transform — to align the federal securities regulatory regime with modern markets, illustrating that the conference was not merely a status update but an action plan, say attorneys at Perkins Coie.
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Opinion
AI Presents A Make-Or-Break Moment For Outside Counsel
The rapid adoption of artificial intelligence by corporate legal departments is forcing a long-overdue reset of the relationship between inside and outside counsel, and introducing a significant opportunity to shed frustrating inefficiencies and strengthen collaboration for firms willing to embrace the shift, says Intel Chief Legal Officer April Miller Boise.
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DOJ Actions Suggest Expansion Of Healthcare Enforcement
Recent actions by the U.S. Department of Justice and U.S. Food and Drug Administration suggest that federal healthcare enforcement efforts are moving away from traditional program-based fraud and toward cases centered on product integrity, regulatory transparency and telehealth marketing, effectively widening the government's enforcement playbook, say attorneys at MoFo.
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Series
Watching Hallmark Movies Makes Me A Better Lawyer
I realize you may be judging me for watching, and actually enjoying, Hallmark Channel movies, but the escapism and storylines actually demonstrate qualities and actions that lead to an efficient, productive and positive legal practice, says Karen Ross at Tucker Ellis.
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Reel Justice: 'Mercy' And Private Surveillance As Evidence
The near-future depicted in the film “Mercy” reminds attorneys that private surveillance networks are becoming central to the evidentiary ecosystem, shaping what prosecutors can obtain, what defendants must explain and what jurors may interpret as objective truth, says Veronica Finkelstein at Wilmington University.
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NY Bill Elevates Criminal Risk For 'Shadow' Crypto Firms
New York's proposed CRYPTO Act would expose unlicensed digital asset operators to criminal penalties ranging from state misdemeanor charges to felony convictions, potentially marking a significant shift in how New York — already among the most aggressive crypto regulators — oversees virtual currency businesses, say attorneys at Crowell & Moring.
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Opinion
AI Doc Ruling Got Privilege Analysis Wrong
Broad reasoning used by a New York federal judge in U.S. v. Heppner — to determine the criminal defendant's interactions with a generative artificial intelligence platform were not protected — mistakenly treats AI use as dispositive disclosure to a third party and adopts an unduly narrow conception of work product, say attorneys at Lankler Siffert.
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Assessing Potential Legal Claims From Private Credit Turmoil
Amid the downturn in the private credit markets spurred by multiple high-profile bankruptcies, a New York lawsuit stemming from the collapse of First Brands provides an important case study for investors to help minimize future losses and maximize any potential recovery in the event of a private credit default, say attorneys at Bleichmar Fonti.
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When Trade Secret Litigation And Criminal Law Collide
An increasing convergence of trade secret litigation and white collar defense, especially with several recent criminal prosecutions from the Justice Department, should prompt businesses and counsel to adapt within the overlapping landscapes, says Kenneth Notter at MoloLamken.
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What To Watch At The 2026 ABA Antitrust Spring Meeting
Attorneys at Freshfields consider the future of antitrust law and competition among developments likely to dominate discussion at the American Bar Association's Antitrust Spring Meeting this week.
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How DOJ's New Corporate Crime Policy Will Work In Practice
The upshot of the Justice Department's new corporate crimes enforcement framework is uniformity for self-reporting companies, but there is uncertainty around how it will be applied in interaction with the Southern District of New York's more lenient, yet unpredictable, financial crimes enforcement program, say attorneys at Cahill Gordon.
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Witness AI Usage Is The Next Privilege Battle In Civil Litigation
Fact and expert witnesses now have immediate access to artificial intelligence systems capable of simulating deposition questioning, recommending answers and more, but this preparation occurs privately, invisibly and frequently under the mistaken assumption that it is harmless, says Bill Kanasky at Courtroom Sciences and Billy Davis at Taylor Nelson.
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How 2 Decisions Reframed Witness-Centered Trials
The recent Maryland federal jury verdict in U.S. v. Goldstein and the U.S. Supreme Court decision in Villarreal v. Texas suggest that the traditional paradigm of American civil trial practice, with its emphasis on witness performance and assertive advocacy, may not reflect the ideal approach for the modern courtroom, says Joshua Robbins at Crowell & Moring.
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5 Tips For Navigating Your Firm's All-Attorney Summit
Excerpt from Practical Guidance
Law firm retreats should be approached strategically, as they present valuable opportunities to advance both the firm's objectives and attorneys' professional development through meaningful participation, building and strengthening internal relationships, and proactive follow-up, says James Argionis at Cozen O’Connor.