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White Collar
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March 06, 2026
Investors Accuse Alston & Bird Of Aiding $328M Crypto Fraud
Several investors have brought a Florida federal proposed class action alleging legal malpractice against Alston & Bird LLP, accusing the law firm of drafting joint venture agreements that were used to aid a $328 million cryptocurrency scam.
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March 06, 2026
Cleary Rehires Former Federal Prosecutor From Paul Weiss
Cleary Gottlieb Steen & Hamilton LLP announced on Thursday that it has rehired a former Paul Weiss Rifkind Wharton & Garrison LLP lawyer who previously served as co-chief of the Southern District of New York's General Crimes Section.
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March 06, 2026
UK Litigation Roundup: Here's What You Missed In London
This past week in London has seen British American Tobacco sued by more than 100 investors, the government bring a claim against a COVID-19 supplier of personal protective equipment, Annington Funding sue its new corporate trustees on the Financial List, and Piers Morgan hit with a defamation claim from a pro-Israel barrister he interviewed on his YouTube channel.
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March 05, 2026
Lindsey Halligan Faces Fla. Bar Investigation, Watchdog Says
The Florida Bar is investigating Lindsey Halligan, the former interim U.S. attorney for the Eastern District of Virginia who pursued controversial indictments against President Donald Trump's political opponents, according to a letter the Campaign for Accountability made public Thursday.
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March 05, 2026
Pfizer Gets OK For $29M SEC Payout From Insider Case
A New York federal judge on Thursday approved a request from the U.S. Securities and Exchange Commission and Pfizer to have $29 million paid out to a Pfizer subsidiary from the roughly $75.2 million distribution left over from a $602 million insider trading deal.
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March 05, 2026
Pennsylvania Man Gets 9¼ Years, $12M Fine For Fraud Scheme
A former Philadelphia-area businessman who admitted bilking millions from investors, business partners, and employees by holding himself out as a successful entrepreneur has been sentenced to 9¼ years in prison and ordered to pay more than $12 million in restitution to his victims.
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March 05, 2026
SEC To Settle Justin Sun Crypto Wash Trading Case
The U.S. Securities and Exchange Commission said Thursday it has reached a settlement with Tron founder Justin Sun to end a closely watched, Biden-era enforcement action, with one of Sun's companies set to pay a $10 million penalty for allegedly facilitating wash trading of the cryptocurrency TRX.
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March 05, 2026
9th Circ. Denies Bail Pending Nurse Wage-Fixing Appeal
A Ninth Circuit panel summarily refused to allow a Las Vegas home nursing executive to avoid prison while appealing the U.S. Department of Justice's first-ever criminal wage-fixing conviction.
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March 05, 2026
NY Court Reverses Fraud, Unlicenced Lawyer Convictions
A New York City man convicted by jury of grand larceny, scheming to defraud, criminal impersonation and practicing law without a license has had his judgments reversed by a New York state appeals court for being based on "duplicitous" charges or being against the weight of the evidence.
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March 05, 2026
Ill. Store Owner Gets 4 Years For $19M WIC Program Fraud
An Illinois federal judge has sentenced the owner of several Chicagoland convenience stores to a four-year term in prison for his part in a scheme to defraud a low-income food program for women and children, the U.S. Department of Justice has announced.
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March 05, 2026
Feds Oppose Early End To Supervision For Ex-Mich. Lobbyist
Federal prosecutors urged a Michigan federal judge to deny a request by a former marijuana industry lobbyist convicted in a bribery scheme to end his supervised release early, arguing that simply following the rules for a short period of time does not justify shortening his sentence.
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March 05, 2026
Minn. Man Gets 5 Years For Jury Rigging In Fraud Case
A Minneapolis man has been sentenced to almost five years in prison for his role in a scheme to bribe a juror during the trial of Minnesota nonprofit Feeding Our Future, which was accused of stealing $250 million in COVID-19 relief funds earmarked to provide lunches to schoolchildren.
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March 05, 2026
Hytera Fined $50M For Stealing Motorola Trade Secrets
An Illinois federal judge on Thursday fined Hytera Communications Corp. $50 million for conspiring to steal Motorola's trade secrets but rejected the government's bid for more than $290 million in restitution on top of roughly $600 million it will pay in a parallel civil case, finding payments Hytera has made in that lawsuit offset what it owes in the criminal matter.
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March 05, 2026
Wells Fargo Exits Last Outstanding Fed Enforcement Order
The Federal Reserve on Thursday closed out the rest of a 2018 enforcement order issued against Wells Fargo & Co. in the wake of its fake accounts scandal, saying the bank has met all requirements for release after nearly a decade of work.
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March 05, 2026
Criminal Contempt Of DOJ Attys Unlikely For Violating Orders
Federal judges have been floating the possibility of holding government attorneys in criminal contempt of court for violating immigration-related court orders, a potentially shocking move that scholars say is unlikely and probably less effective than civil contempt orders.
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March 05, 2026
Ex-Judge In Wis. Says ICE Prosecution Theory Has No Limits
A former Wisconsin judge has said the government's case against her for obstructing U.S. Immigration and Customs Enforcement has no limiting principle and wrongly turned her authority to manage her courtroom into a federal felony for impeding ICE.
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March 05, 2026
Tribe Says Calif. Overreached With Safety Penalties
A California Indigenous nation is asking a federal district court to block the state's labor and safety departments from citing and enforcing civil penalties against one of its largest arms of tribal government, saying it is at risk of facing more than $200,000 in unlawful fines if the practice continues.
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March 05, 2026
Former Ga. Chief Justice To Mediate Fulton Ballot Seizure
A Georgia federal judge has tasked former Georgia Supreme Court Chief Justice Harold Melton, now a Troutman Pepper Locke LLP partner, to mediate the ongoing dispute over possession of Fulton County's 2020 election ballots after they were seized by the FBI in January.
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March 04, 2026
Feds Net 2nd Obstruction Plea Tied To Boxer's Cocaine Trial
A Staten Island man who prosecutors say is connected to organized crime on Wednesday admitted to part of a scheme to bribe a juror in the trial of a former heavyweight boxer accused of participating in a $1 billion cocaine trafficking operation.
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March 04, 2026
50 Cent's Liquor Boss Gets 2nd Delay Of Fraud Sentencing
A former executive at rapper Curtis "50 Cent" Jackson's liquor brand got his fraud sentence delayed for a second time when a New Jersey federal judge questioned Wednesday whether the executive's hypothetical cooperation with the government could get fair consideration under his plea deal.
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March 04, 2026
Judge Eyes Fall Trial For NBA-Tied Rigged Poker Case
A Brooklyn federal judge on Wednesday told NBA stars and others accused of a scheme to use Mafia-backed, rigged poker games to cheat unsuspecting players out of millions of dollars to prepare for a November trial, while prosecutors aim to slim the case down with a raft of plea deals.
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March 04, 2026
Anadarko Gets 5th Circ. To Bless Coverage Win, Not Damages
The Fifth Circuit agreed with Anadarko Petroleum Corp. that it can compel a contractor to pay for its legal defense in a fraud suit, but said Wednesday the lower court went too far in finding the contractor owed a duty to pay for certain damages categories.
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March 04, 2026
SEC Says Consultant Enabled $284M Sports Park Bond Fraud
The U.S. Securities and Exchange Commission has accused the former consultant of a sports complex operator of fabricating anticipated revenue for the facility in order to sell $284 million in now-defaulted municipal bonds to investors.
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March 04, 2026
PE Firm Norada Faces Investor Suits Over $92M Ponzi Scheme
Groups of investors from multiple states have filed a series of lawsuits against Norada Capital Management LLC in Wyoming federal court, alleging the private equity fund defrauded them out of millions of dollars as part of a Ponzi scheme that the firm's managing member pled guilty to.
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March 04, 2026
Hayden AI Hits Co-Founder With Fraud, Trade Secret Claims
Artificial intelligence startup Hayden AI has sued one of its co-founders, alleging that after it fired him for forging board signatures and improperly charging personal expenses, he took large amounts of trade secret data to start a competing company.
Expert Analysis
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Series
The Biz Court Digest: Welcome To Miami
After nearly 20 years in operation, the Miami Complex Business Litigation Division is a pioneer upon which other jurisdictions in the state have been modeled, adopting many innovations to keep its cases running more efficiently and staffing experienced judges who are accustomed to hearing business disputes, say attorneys at King & Spalding.
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6 Ways To Nuke-Proof Litigation As Explosive Verdicts Rise
As the increasing number of nuclear verdicts continues to reshape the litigation landscape, counsel must understand how to create a multipronged defense strategy to anticipate juror expectations and mitigate the risk of outsize jury awards, say attorneys at Norton Rose.
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Recent Proposals May Spell Supervision Overhaul For Banks
A slew of rules recently proposed by the federal banking agencies with approaching comment deadlines would rewrite supervision standards to be further tailored to banks' size and activities, while prioritizing financial risks over process, documentation and other nonfinancial risks, say attorneys at Davis Wright.
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Navigating The New Patchwork Of Foreign-Influence Laws
On top of existing federal regulations, an expanding wave of state legislation — placing new limits on foreign-funded political spending and new registration requirements for foreign agents — creates a confusing compliance backdrop for corporations that demands careful preplanning, say attorneys at BakerHostetler.
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AI Evidence Rule Tweaks Encourage Judicial Guardrails
Recent additions to a committee note on proposed Rule of Evidence 707 — governing evidence generated by artificial intelligence — seek to mitigate potential dangers that may arise once machine outputs are introduced at trial, encouraging judges to perform critical gatekeeping functions, say attorneys at Lankler Siffert & Wohl.
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Terrorist Label For Maduro Poses New Risks For US Firms
The State Department's recent designation of President Nicolás Maduro, and other Venezuelan government and military officials, as members of a foreign terrorist organization drastically increases the level of caution companies must exercise when doing business in the region to mitigate potential civil, criminal and regulatory risk, say attorneys at Freshfields.
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Series
The Law Firm Merger Diaries: Getting The Message Across
Communications and brand strategy during a law firm merger represent a crucial thread that runs through every stage of a combination and should include clear messaging, leverage modern marketing tools and embrace the chance to evolve, says Ashley Horne at Womble Bond.
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How High Court Could Upend Campaign Spending Rules
In National Republican Senatorial Committee v. Federal Election Commission, the U.S. Supreme Court will hear arguments about the constitutionality of coordinated party contribution spending caps, and its decision will have immediate practical effects just as the 2026 election gets underway, says Bill Powers at Spencer Fane.
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How Bank-Fintech Partnerships Changed In 2025
The 2025 transition to the Trump administration, augmented by the reversal of Chevron deference in 2024, has resulted in unprecedented shifts, and bank-fintech partnerships are no exception, with key changes affecting a number of areas including charters, regulatory oversight and anti-money laundering, say attorneys at K&L Gates.
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Opinion
Horizontal Stare Decisis Should Not Be Casually Discarded
Eliminating the so-called law of the circuit doctrine — as recently proposed by a Fifth Circuit judge, echoing Justice Neil Gorsuch’s concurrence in Loper Bright — would undermine public confidence in the judiciary’s independence and create costly uncertainty for litigants, says Lawrence Bluestone at Genova Burns.
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10 Commandments For Agentic AI Tools In The Legal Industry
Though agentic artificial intelligence has demonstrated significant promise for optimizing legal work, it presents numerous risks, so specific ethical obligations should be built into the knowledge base of every agentic AI tool used in the legal industry, says Steven Cordero at Akerman LLP.
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Series
Preaching Makes Me A Better Lawyer
Becoming a Gospel preacher has enhanced my success as a trial lawyer by teaching me the importance of credibility, relatability, persuasiveness and thorough preparation for my congregants, the same skills needed with judges and juries in the courtroom, says Reginald Harris at Stinson.
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Why Digital Asset Treasuries Are Drawing Regulator Concerns
Financial regulators’ recent focus on potential insider trading and investor risk at hundreds of publicly traded digital asset treasuries may have been summoned by how quickly this rapidly expanding market responds to asset allocation decisions, as well as variations in risk disclosure practices across the sector, say attorneys at The Brattle Group.
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How Unchecked AI Exposes Expert Opinions To Exclusion
A growing number of cases illustrate the potential for misuse of artificial intelligence tools by experts in litigation, resulting in reports with hallucinated information or unexplainable analysis, so to embrace the efficiencies AI tools introduce without falling victim to the risks, attorneys and experts should implement a few best practices, say attorneys at Willkie Farr.
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Minn. Financial Abuse Law Should Prompt Operational Review
A new Minnesota law targeting the financial exploitation of vulnerable adults with an order-for-protection mechanism will affect multiple functions across banking organizations, and in the time remaining in 2025, banks should take action to update any needed workflow and documentation protocols, say attorneys at Winthrop & Weinstine.