White Collar

  • 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.

  • December 10, 2025

    4th Circ. Hints $166M Fight​​​​​​​ Could Create Circuit Split

    In questioning counsel for an insolvent Dutch insurance company trying to confirm a $166 million arbitral award against convicted insurance mogul Greg Lindberg, two Fourth Circuit judges quipped the insurer likely wants to avoid a circuit split over interpreting the Federal Arbitration Act and keep the case out of the U.S. Supreme Court.

  • December 10, 2025

    7th Circ. Upholds Tax Conviction Of DHS Special Agent

    A jury relied on enough evidence to convict a former U.S. Department of Homeland Security agent of tax crimes related to his secret dealings with drug dealers, the Seventh Circuit said Wednesday, rejecting his claim that proof of his corruption was insufficient.

  • December 10, 2025

    Guilty Budget Official's Legal Bill Battle Sent To Magistrate

    A Connecticut federal judge on Wednesday tapped a magistrate judge to dig into an apparent billing dispute between former state budget official Konstantinos Diamantis and his criminal defense attorney, but he refused to delay a looming bribery trial until he decides whether to allow the lawyer to withdraw.

  • December 10, 2025

    Regulate AI With Existing Regs, Financial Industry Lobby Says

    The Financial Services Institute on Wednesday recommended that regulators apply existing rules and standards to artificial intelligence, saying they should use new rules only when AI brings "genuinely new issues or significantly alters existing risks."

  • December 10, 2025

    Wells Fargo Says It Didn't Know Ex-Atty Stole From Clients

    Wells Fargo is seeking to shed claims in Texas federal court alleging it turned a blind eye to a convicted former attorney's misuse of client funds held in accounts at the bank, arguing that the victims of the lawyer's fraud failed to show it knew of the misconduct.

  • December 10, 2025

    UScellular Can't Call 'Checkmate' In Fraud Suit, Justices Told

    Two whistleblowers told the U.S. Supreme Court Wednesday that UScellular cannot escape claims of spectrum auction fraud by arguing they had "pleaded themselves out of court" at an earlier stage of the False Claims Act suit.

  • December 10, 2025

    2nd Circ. Urged To Nix Yacht, $37M Escrow From Guo Ch. 11

    The daughter of Chinese exile Miles Guo on Wednesday asked the Second Circuit to reverse bankruptcy and district court decisions awarding a yacht and a $37 million support account to her father's Chapter 11 estate, saying those courts improperly relied upon a state court decision when issuing quick wins.

  • December 10, 2025

    NJ Law Firm Accused Of Botching Investor Fraud Recovery

    New Jersey firm Beattie Padovano LLC has been sued in state court by a man accusing it of legal malpractice that led to his inability to reclaim nearly $800,000 he says he lost in an investor fraud scheme perpetrated by former frequent CNBC guest James Arthur McDonald Jr.

  • December 10, 2025

    Judge Bove Faces Complaint Over Trump Rally Attendance

    U.S. Circuit Judge Emil Bove, who previously served as President Donald Trump's personal defense attorney and a top official at the U.S. Department of Justice, has been hit with a judicial misconduct complaint for his appearance at a Trump event on Tuesday night.

  • December 10, 2025

    MVP: Simpson Thacher's Jeff Knox

    Jeff Knox, co-managing partner of Simpson Thacher & Bartlett LLP's Washington, D.C., office and co-head of the government and internal investigations practice, defended an individual client from a yearslong financial investigation and litigation this year, and resolved matters for clients including Deutsche Bank and the Dutch energy-trading firm Vitol, earning him a spot among the 2025 Law360 White Collar MVPs.

  • December 10, 2025

    McIver's Immunity Disputed In Detention Center Assault Case

    Federal prosecutors asked a New Jersey federal judge to maintain all charges against U.S. Rep. LaMonica McIver, who was accused in an indictment of assaulting federal officers outside an immigration detention center during a scrum in which the mayor of Newark was arrested in May.

  • December 10, 2025

    Hospital Nonprofit's Ex-COO Gets 80 Months For $7M Fraud

    A Florida federal judge on Wednesday sentenced the former chief operating officer of the fundraising arm for a taxpayer-funded Miami health system to more than six years in prison for embezzling $6.9 million through a scheme in which she received kickbacks after submitting false vendor invoices.

  • December 10, 2025

    Feds Seek 10 Years For Ex-Harvard Morgue Manager

    Federal prosecutors in Pennsylvania have recommended that the court impose a 10-year prison sentence for former Harvard Medical School morgue manager Cedric Lodge following his admission to stealing and selling body parts from cadavers donated to the school for scientific research.

  • December 10, 2025

    Magistrate Backs FinCEN Rules In All-Cash Real Estate Deals

    A magistrate judge in Florida federal court rejected arguments from a title insurance company in upholding a U.S. Department of Treasury rule establishing new reporting requirements for all-cash residential real estate transactions as a means of combating financial crime.

  • December 10, 2025

    Ill. Jury Convicts Ex-Police Chief Of Taking, Covering Bribe

    Federal jurors in Chicago convicted a former suburban police chief Wednesday of accepting a $10,000 cash bribe and splitting the money with a former municipal employee before trying years later to cover the payment up as a loan.

  • December 10, 2025

    Jack Smith To Launch Firm With Willkie Partner, 2 Ex-Deputies

    Jack Smith, the former Justice Department special counsel appointed to investigate President Donald Trump, is set to launch his own firm alongside two of his former top deputies and the co-chair of Willkie Farr & Gallagher LLP's investigations and enforcement practice.

  • December 10, 2025

    Wanted: Temporary US Attorney, No Experience Needed

    Frustrated by a string of court rulings disqualifying several of his U.S. attorney picks, President Donald Trump lamented recently that he might "just have to keep appointing people for three months and then just appoint another one, another one." Experts say the idea raises legal and practical issues.

  • December 09, 2025

    Mozaic CEO Charged With Duping Investor Out Of $20M

    The chief executive officer of an artificial intelligence-powered payments app startup conspired to defraud a Boston private equity firm out of $20 million through a scheme involving fake financial documents and fake customers, a newly unsealed indictment filed in Massachusetts federal court alleges.

  • December 09, 2025

    DOJ Gets OK To Unseal Epstein Grand Jury Docs In NY Case

    The U.S. Department of Justice on Tuesday secured a Manhattan federal judge's permission to unseal grand jury materials related to the investigation of Jeffrey Epstein, following a new law passed by Congress that requires the agency to release its files on the late sex offender.

  • December 09, 2025

    Crypto Co. Paxful To Pay $4M For Money Laundering Failures

    Paxful Holdings will pay $4 million over claims it failed to enforce anti-money laundering policies on its now-defunct, peer-to-peer bitcoin exchange that allegedly facilitated illicit transactions involving funds derived from criminal activity, including prostitution and distribution of child sex abuse material, according to a plea agreement filed Monday in California federal court. 

Expert Analysis

  • Opinion

    Horizontal Stare Decisis Should Not Be Casually Discarded

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    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.

  • 10 Commandments For Agentic AI Tools In The Legal Industry

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    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.

  • Series

    Preaching Makes Me A Better Lawyer

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    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.

  • Why Digital Asset Treasuries Are Drawing Regulator Concerns

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    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.

  • How Unchecked AI Exposes Expert Opinions To Exclusion

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    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.

  • Minn. Financial Abuse Law Should Prompt Operational Review

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    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.

  • SEC Penalties Trended Down In FY 2025, Offering 2026 Clues

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    The U.S. Securities and Exchange Commission's settled corporate penalties in fiscal year 2025 show a clear dividing line, as the largest penalties all came before Inauguration Day, a trend that may continue as the types of cases that lead to the biggest penalties seem to be no longer favored by the commissioners, say attorneys at Dentons.

  • Series

    Law School's Missed Lessons: Practicing Client-Led Litigation

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    New litigators can better help their corporate clients achieve their overall objectives when they move beyond simply fighting for legal victory to a client-led approach that resolves the legal dispute while balancing the company's competing out-of-court priorities, says Chelsea Ireland at Cohen Ziffer.

  • A Primer On NYDFS' 3rd-Party Cybersecurity Guidance

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    The New York Department of Financial Services' recently released comprehensive guidance for registrants on managing cybersecurity risks associated with third-party service providers illustrates why proactive engagement by senior leadership, robust due diligence, strong contractual protections and ongoing oversight are essential to mitigating growing risks, say attorneys at McGuireWoods.

  • Perspectives

    Nursing Home Abuse Cases Face 3 Barriers That Need Reform

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    Recent headlines reveal persistent gaps in oversight and protection for vulnerable residents in long-term care, but prosecution of these cases is often stymied by numerous challenges that will require a comprehensive overhaul of regulatory, legal and financial structures to address, says Veronica Finkelstein at Wilmington University.

  • Series

    The Law Firm Merger Diaries: How To Build On Cultural Fit

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    Law firm mergers should start with people, then move to strategy: A two-level screening that puts finding a cultural fit at the pinnacle of the process can unearth shared values that are instrumental to deciding to move forward with a combination, says Matthew Madsen at Harrison.

  • Takeaways From First Resolution After FCPA Pause Was Lifted

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    The U.S. Department of Justice’s recent deferred prosecution agreement with TIGO Guatemala — its first Foreign Corrupt Practice Act corporate resolution after issuing new guidelines and resuming enforcement — highlights several aspects of the administration’s approach to corporate foreign bribery enforcement, say attorneys at Cleary.

  • Considerations When Invoking The Common-Interest Privilege

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    To successfully leverage the common-interest doctrine in a multiparty transaction or complex litigation, practitioners should be able to demonstrate that the parties intended for it to apply, that an underlying privilege like attorney-client has attached, and guard against disclosures that could waive privilege and defeat its purpose, say attorneys at DLA Piper.

  • NBA Gambling Probes Highlight Sports Betting's Broad Risks

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    Recent NBA gambling scandals illustrate the integrity risks arising from legal sports betting, but organizations, which must navigate a patchwork of state laws, can protect their reputations by drafting and enforcing internal policies to address betting-related risks and complying with league and institutional rules, say attorneys at Littler.

  • How 2nd Circ. Decision Extends CFTC's Extraterritorial Reach

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    The Second Circuit recently concluded in U.S. v. Phillips that the Commodity Exchange Act extends to entirely foreign conduct if a victim of the conduct is based in the U.S., suggesting there is a heightened risk that foreign swap transactions will be susceptible to U.S. regulation when U.S. counterparties are involved, say attorneys at Skadden.

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