White Collar

  • April 18, 2025

    CFTC Details Violation Materiality After Cooperation Guidance

    Divisions of the U.S. Commodity Futures Trading Commission have offered details on their materiality standards for assessing supervision and noncompliance issues, following February guidance on how much money regulated entities can expect to save for cooperating with agency investigations.

  • April 18, 2025

    Suit Says Loyola Enabled Ex-Michigan Coach's Alleged Hack

    A former Loyola University Chicago athlete filed a proposed class action accusing an ex-University of Michigan football coach of orchestrating a years-long cyber sexual assault by hacking into university athletic databases and stealing intimate photos and medical data of over 150,000 students, and asserting that the university and its vendor enabled the breach.

  • April 18, 2025

    How Manatt Beat A Crypto Trader's 'Code As Law' Defense

    After a crypto user exploited a software bug to create millions of dollars' worth of new tokens from a blockchain network, a Manatt Phelps & Phillips LLP team defeated his claim to the tokens — and won an award worth millions — by showing that faulty code can't stand in for rule of law.

  • April 18, 2025

    Block Execs Failed To Prevent 'Illicit Activities,' Suit Says

    A Block Inc. shareholder claims in a new suit that the fintech company's top brass, which includes former Twitter chief Jack Dorsey, failed to prevent illicit activities like money laundering, child sexual abuse and terrorism financing on its platform, causing damage to the company's reputation and investors as a result.

  • April 18, 2025

    'Bizarre' Santos Posts Show He's Still 'Unrepentant,' Feds Say

    Prosecutors told a Brooklyn federal judge that former U.S. Rep. George Santos' social media activity shows that he's "unrepentant" for his admitted crimes, reiterating their request for a prison sentence of more than seven years.

  • April 18, 2025

    Philly Firm Leaders Form Employment, Civil Rights Boutique

    Attorneys out of Philadelphia and New Jersey have merged their practices to start a new law firm focused on employment, criminal, civil rights and survivor's rights law, the partners announced earlier this week.

  • April 18, 2025

    Feds Seek Up To 6 Years For Ex-Bank GC's $7.4M Theft

    A former general counsel for a Webster Bank predecessor should serve between 51 and 71 months behind bars and pay full restitution after admitting he spent eight years embezzling $7.4 million, federal prosecutors argue.

  • April 18, 2025

    Conn. Atty Convicted In Shooting Faces Suspension Bid

    A Connecticut court should suspend longtime Cramer & Anderson LLP partner Robert L. Fisher Jr. from the practice of law on an interim basis after his conviction on a manslaughter charge for shooting an attacker, the state's attorney discipline authority has said in a filing.

  • April 18, 2025

    SC School District's Embezzlement Suit Sent To Arbitration

    A South Carolina school district must arbitrate the arbitrability of its claims that its insurer conspired with its former chief financial officer to steal tens of millions of dollars from the district by issuing unnecessary and expensive insurance policies, a federal court ordered.

  • April 18, 2025

    DOJ To Move Ahead In SafeMoon Case Despite Crypto Memo

    Prosecutors told a federal judge in Brooklyn on Friday that they plan to proceed with an investor fraud case against the CEO of crypto firm SafeMoon, having reviewed a Justice Department directive not to pursue certain charges related to digital assets.

  • April 18, 2025

    Dog The Bounty Hunter Can't Bag Podcasters For Defamation

    A Pennsylvania judge has dismissed a "sprawling behemoth" of a defamation case brought against two true crime podcasters by Dog the Bounty Hunter and the father of a missing Tennessee child whom the podcasters allegedly accused of being a pedophile, determining that the case was clearly a bid to muzzle participation in a topic of public interest.

  • April 17, 2025

    Ill. Sen. Planned To Report Red-Light Camera Exec, Jury Hears

    An Illinois state senator accused of taking a bribe to help a red-light camera company testified Thursday that he "didn't have a chance" to report his questionable interactions closer to when they occurred in summer 2019, but he intended to raise his concerns later that fall.

  • April 17, 2025

    Feds Say Estonians Won't Be Deported Before Fraud Sentence

    Prosecutors told a Washington federal judge Thursday that they had secured approval for "deferred action" from the Department of Homeland Security on potential immigration proceedings against two Estonian men awaiting sentencing for a cryptocurrency fraud scheme.

  • April 17, 2025

    6th Circ. Says Michigan AG Can Pursue 'False Elector' Case

    The Sixth Circuit on Thursday affirmed a federal district court's refusal to interfere with a state court case in which Michigan's attorney general accused a former Republican presidential elector candidate of plotting to submit false electoral votes in the wake of the 2020 election.

  • April 17, 2025

    Mich. Defenders Seek $2.3M After Life Sentence Ruling

    Michigan's appellate defender office told lawmakers Thursday that it would need to hire additional staff to represent more than 300 people whose sentences will need to be reviewed after the state's top court declared that automatic life-without-parole sentences for 19- and 20-year-olds are unconstitutional.

  • April 17, 2025

    Crypto Casino Owner Gambled With Investor Funds, Feds Say

    The founder of a purported cryptocurrency casino was criminally charged with stealing millions of dollars from investors and gambling the funds away at a different online gambling platform and in the stock market.

  • April 17, 2025

    Man's Deportation Looms After Tax Evasion Plea Stands

    A Connecticut federal judge denied a man's attempt to vacate his guilty plea for tax evasion, despite accepting that his lawyers had misled him into believing that if he received no prison time he could avoid mandatory detention and likely deportation by U.S. Immigration and Customs Enforcement.

  • April 17, 2025

    Former FAA Contractor Pleads Guilty In Foreign Agent Case

    A former Federal Aviation Administration contractor accused of providing solar industry and aviation information to Iran pled guilty Wednesday to conspiring to act and acting as a foreign government agent without giving prior notification to the U.S. attorney general.

  • April 17, 2025

    Jenner & Block Fights DOJ Bid To Toss Exec Order Suit

    Jenner & Block LLP on Thursday urged a D.C. federal court to reject the government's bid to dismiss its lawsuit challenging President Donald Trump's executive order targeting the firm, saying the "legal profession as a whole is watching."

  • April 17, 2025

    3rd Circ. Questions Walmart's Duty To Disclose Opioid Probe

    The Third Circuit on Thursday questioned the extent to which Walmart knew of the government's interest in prosecuting it for opioid sales, as it considered a bid by investors to revive class claims alleging the retail chain failed to disclose it was under investigation.

  • April 17, 2025

    Texas Rep. Cuellar Asks To Move Bribery Trial To Home City

    U.S. Rep. Henry Cuellar, D-Texas, and his wife, Imelda Cuellar, asked a federal judge in Houston to move their bribery case to the couple's home city of Laredo, saying the current venue has limited connections to the case and will make it more difficult for the representative "to keep up with his public duties."

  • April 17, 2025

    Feds Call Menendez's Wife 'Partner In Crime' As Trial Ends

    Federal prosecutors told a Manhattan jury Thursday that Nadine Menendez was former U.S. Sen. Bob Menendez's "partner in crime," closing out her bribery and public corruption trial by casting her as his "go-between — demanding payment, collecting payment."

  • April 17, 2025

    Ex-Harvard Morgue Manager Takes Plea Over Stolen Remains

    Harvard Medical School's former morgue manager plans to plead guilty to one criminal count in a case alleging he stole and sold human remains from cadavers in his care to a network of "oddities" buyers across the country.

  • April 17, 2025

    Israeli Makes Final Bid To Block US Hacking Extradition

    Lawyers for an Israeli private investigator fighting extradition to face hacking charges in the U.S. urged a London judge Friday to reject diplomatic assurances about conditions at a New York prison, saying that violence was "endemic" there.

  • April 16, 2025

    Ex-NYPD Sgt. Gets 18 Months On China Foreign Agent Rap

    A former New York City Police Department sergeant turned private investigator was sentenced Wednesday to 18 months in prison, after being convicted at trial last year on stalking and foreign agent charges stemming from his alleged role in a scheme led by Chinese government officials to coerce a U.S. resident to return to his native China to face prosecution.

Expert Analysis

  • How Law Firms Can Counteract The Loneliness Epidemic

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    The legal industry is facing an urgent epidemic of loneliness, affecting lawyer well-being, productivity, retention and profitability, and law firm leaders should take concrete steps to encourage the development of genuine workplace connections, says Michelle Gomez at Littler and Gwen Mellor Romans at Herald Talent.

  • What Remedies Under New Admin's SEC Could Look Like

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    The U.S. Securities and Exchange Commission is likely to substantially narrow the remedies it pursues over the next few years, driven by the mounting challenges it faces in court, as well as the views of its incoming chair and fellow Republican commissioners on injunctions, penalties and disgorgement, say attorneys at Milbank.

  • Texas Fraud Case Shows Dangers Of Faulty Crypto Reporting

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    The recent sentencing of a man who failed to properly report capital gains from bitcoin sales is a reminder that special attention must be given to the IRS' reporting requirements in order to stay out of the government's crosshairs, says Saverio Romeo at Fox Rothschild.

  • 5 Keys To Building Stronger Attorney-Client Relationships

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    Attorneys are often focused on being seen as the expert, but bonding with clients and prospects by sharing a few key personal details provides the basis for a caring, trusted and profoundly deeper business relationship, says Deb Feder at Feder Development.

  • Suggestions For CFTC Enforcement's New Leadership

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    The recent change in leadership at the U.S. Commodity Futures Trading Commission presents an opportunity to reflect on past practices and consider opportunities for improvement at the commission's Enforcement Division, including in observing precedent and providing greater enforcement transparency, say attorneys at Clifford Chance.

  • What SDNY Judge Can And Can't Do In Adams Case

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    The federal judge in the Southern District of New York overseeing the criminal case against New York City Mayor Eric Adams deferred making a decision on the government's motion to dismiss the indictment, and while he does have limited authority to deny the motion, that would ultimately be a futile gesture, says Ethan Greenberg at Anderson Kill.

  • Drug Kickback Ruling Will Make FCA Liability Harder To Prove

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    The First Circuit's ruling in U.S. v. Regeneron Pharmaceuticals, requiring the government to prove but-for causation to establish False Claims Act liability based on violations of the Anti-Kickback Statute, raises the bar for FCA enforcement and deepens a circuit split that the U.S. Supreme Court may need to resolve, say attorneys at Baker Donelson.

  • Assessing PE Risk After Mass. False Claims Act Amendments

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    A law recently passed in Massachusetts amends the commonwealth's False Claims Act by dramatically expanding potential liability for private equity firms and investors, underscoring the importance of robust diligence and risk assessments for private equity firms conducting transactions in the commonwealth, say attorneys at Gibson Dunn.

  • A Path Forward For Cos. Amid Trump's Anti-DEIA Efforts

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    Given the Trump administration’s recent efforts targeting corporate diversity, equity, inclusion and accessibility programs — including threatening possible criminal prosecution — companies should carefully tailor their DEIA initiatives to comply with both the letter and the spirit of antidiscrimination law, say attorneys at Pillsbury.

  • The Current And Future State Of Bank-Fintech Partnerships

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    Though the Consumer Financial Protection Bureau under President Donald Trump seems likely to cultivate an environment friendlier to the financial services industry, bank-fintech partnerships should stay devoted to proactive compliance and be ready to adapt to regulatory shifts that may intensify scrutiny from enforcers, say attorneys at Greenberg Traurig.

  • Evidence Rule May Expand Use Of Out-Of-Court Statements

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    A proposed amendment to Federal Rule of Evidence 801(d)(1)(A) would broaden the definition of nonhearsay, reflects a more pragmatic approach to regulating the admissibility of out-of-court statements by declarant-witnesses, and could help level the playing field between prosecutors and criminal defendants, say attorneys at Hangley Aronchick.

  • Series

    Racing Corvettes Makes Me A Better Lawyer

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    The skills I use when racing Corvettes have enhanced my legal practice in several ways, because driving, like practicing law, requires precision, awareness and a good set of brakes — complete with the wisdom to know how and when to use them, says Kat Mateo at Olshan Frome.

  • Opinion

    Attorneys Must Act Now To Protect Judicial Independence

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    Given the Trump administration's recent moves threatening the independence of the judiciary, including efforts to impeach judges who ruled against executive actions, lawyers must protect the rule of law and resist attempts to dilute the judicial branch’s authority, says attorney Bhavleen Sabharwal.

  • The Math Of Cross-Examination: Less Is More, More Is Less

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    When conducting cross-examination at trial, attorneys should remember that “less is more, and more is less” — limiting both the scope of questioning and the length of each query in order to control the witness’s testimony and keep the factfinders’ attention, says Thomas Innes at the Defender Association of Philadelphia.

  • Rethinking 'No Comment' For Clients Facing Public Crises

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    “No comment” is no longer a cost-free or even a viable public communications strategy for companies in crisis, and counsel must tailor their guidance based on a variety of competing factors to help clients emerge successfully, says Robert Bowers at Moore & Van Allen.

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