A Hollywood producer who branched out into the cannabis business allegedly bilked investors out of more than $4.8 million, in what the U.S. Securities and Exchange Commission labeled a Ponzi scheme on Tuesday.
A New York state appellate court denied Harvey Weinstein's motion to relocate his rape trial to Albany or Suffolk county on Tuesday, issuing a terse ruling that rejected the last-minute bid to derail the Manhattan trial a day before opening statements.
A New York state trial judge ruled Tuesday that Harvey Weinstein's attorneys may tell the jury in opening statements about what they call "dozens and dozens" of "loving emails" from women who accuse Weinstein of sexually assaulting them.
The U.S. Supreme Court on Tuesday declined to review a psychiatrist’s challenge to his 51-month prison sentence for bribing an Internal Revenue Service agent.
One former Insys Therapeutics Inc. executive was sentenced to nearly three years in prison and a second got six months less on Tuesday for their roles in a racketeering conspiracy to bribe doctors to prescribe the company’s powerful opioid spray and lie to insurance companies so they would pay for the expensive drug.
The Second Circuit dismissed three of former New York State Assembly Speaker Sheldon Silver’s seven convictions on Tuesday in a ruling that could further limit how prosecutors pursue unsavory dealings among lawmakers.
Two former Barclays executives on trial for fraud invented the concept that the bank would become a preferred provider of banking services to Qatar via a side deal to emergency fundraising launched by the lender, a Serious Fraud Office prosecutor told a jury in London on Monday.
Prosecutors in the German city of Frankfurt said Monday they are charging seven individuals with serious tax evasion for allegedly taking part in a wide-ranging tax scandal known as a cum-ex fraud.
A Colorado CBD wholesaler accused of trying to kidnap and murder an ex-employee fired back at the former executive who made the claim, saying she was the one wrapped up in the murder-for-hire scheme as part of a vendetta against the company.
Former U.S. Rep. Christopher Collins of New York was sentenced to over two years in prison Friday for leaking inside information to help his son avoid biotech investment losses and then lying to the FBI.
The New Jersey Supreme Court’s recent refusal to saddle Fox Rothschild LLP with a fiduciary duty to a victim of incarcerated Ponzi schemer Eliyahu Weinstein caged what many law firms consider a growing menace of claims brought by nonclients shouldering major financial losses, experts said.
The Third Circuit denied a bid by the former mayor of Reading, Pennsylvania, to slash an eight-year federal prison sentence stemming from his 2018 conviction on charges that he took campaign contributions from contractors in exchange for promises of work with the city.
A former PPG Industries executive harmed the company and cost it millions of dollars in market valuation and goodwill with accounting practices that "smoothed out" financial ups and downs from 2016-2018, according to a derivative lawsuit a stockholder filed Thursday in a Pennsylvania federal court.
A New York state court swore in 12 jurors in Harvey Weinstein's rape trial on Friday, one of whom wrote a book about young women who confront "predatory" older men, sparking a failed mistrial motion and a rejected plea to wait for an appellate ruling that could relocate the trial.
A Manhattan federal judge on Friday allowed a former RBC Capital Markets junior analyst to avoid prison for reaping $126,000 of profit via insider trading, including trading ahead of a secret private equity deal, crediting his quick guilty plea and remorse.
A former assistant U.S. attorney has joined Bradley Arant Boult Cummings LLP as a partner in the firm's government enforcement and investigations practice group.
Federal prosecutors are questioning whether a Skadden attorney should be disqualified from defending a former trader at JP Morgan against spoofing charges in the latest example of the U.S. Department of Justice claiming an ex-government attorney may have brought too much inside information through the revolving door.
The U.S. Securities and Exchange Commission urged a Colorado federal court to keep alive its suit accusing Mediatrix Capital Inc. of defrauding investors out of millions through unregistered offerings and stolen funds, arguing that contrary to the adviser's argument, the investment funds they sold do constitute securities.
The case against Lori Loughlin and other parents charged in the college admissions scandal known as “Varsity Blues” could be headed for as many as three trials later this year, a Massachusetts federal judge said in court Friday.
The former running mate of a disbarred attorney and ex-New Jersey mayor who was convicted on extortion charges is urging a county court not to toss his malpractice suit against Peter Cammarano, arguing he has submitted sufficient information for the case to proceed.
Two people with a blockchain technology company were charged in New Jersey federal court Friday with duping investors about their backgrounds and business relationships to raise $30 million in cash and cryptocurrency, with prosecutors alleging one fraudster used aliases and changed his appearance to hide his criminal past.
The Royal Bank of Scotland has taken aim at five insurers who wrote computer fraud policies for one of its subsidiaries, saying it is owed more than £24 million ($31.3 million) for losses caused by Bernard Madoff’s investment vehicle.
The past week in London has seen a tech company sue an online football stock exchange, a number of seafood distributors and their insurers sue cargo company Maersk, and several hotels add to Visa and MasterCard's swipe-fee class action woes. Here, Law360 looks at these claims and more.
A former Barclays executive accused of fraud testified Friday that his jokes about avoiding prison because of the bad food and "worse sex" while organizing a crucial cash injection from Qatar during the financial crisis were “shorthand” for ensuring the transaction was legal.
A D.C. federal judge on Thursday pushed back sentencing for former Trump administration adviser Michael Flynn, who earlier this week asked for permission to cancel his guilty plea for lying to the FBI, accusing prosecutors of "vindictiveness" and acting in "bad faith."
Antitrust agencies and private litigants continued to focus on the energy industry in 2019, and new antitrust policy initiatives announced by the U.S. Department of Justice last year will offer energy companies opportunities to avoid prosecution in certain cases, say attorneys at Vinson & Elkins.
In addition to joining the chorus of others who predict that increased global engagement by U.S. authorities will lead to record levels of Foreign Corrupt Practices Act enforcement, we also expect 2020 will bring changes in FCPA restitution, calculation of damages, declinations to prosecute and more, say attorneys at V&E.
The Office of Foreign Assets Control's recent declaration that a Lebanese art dealer's gallery was used to conceal Hezbollah financing is a reminder to the art community of the need for strict compliance with U.S. criminal anti-money laundering laws, say Nicole Horowitz and Brendan Hanifin of Ropes & Gray.
During the last 10 years, the need to embrace change was fundamental for law firms, and that change affected associates in many ways — most, but not all, for the better, says Brad Kaufman, co-president of Greenberg Traurig.
Multinational energy and natural resources companies doing business in China face particular risks related to China's state secrecy laws, due to the broad and vaguely defined range of information that may be classified as secret, say Alvin Xiao and Fabian Roday of Fangda Partners.
The Second Circuit’s recent decision in U.S. v. Blaszczak potentially makes it easier to prosecute insider trading cases by ruling the government doesn't need to prove an insider received any personal benefit in exchange for sharing material, nonpublic information, say attorneys at Goodwin.
Last year, the U.S. Department of Justice maintained aggressive enforcement efforts in the health care industry, again relying heavily on the False Claims Act, but the agency is also taking steps to guide those efforts toward fairness and consistency, say attorneys at Mintz.
As the U.S. Financial Crimes Enforcement Network plans to increase its use of so-called special measures under the USA Patriot Act, it is a good bet FinCEN will focus its efforts to exile foreign banks it believes pose a money laundering threat to the U.S. financial system, says Arthur Middlemiss at Lewis Baach.
In their new book "Democracy and Equality: The Enduring Constitutional Vision of the Warren Court," Geoffrey Stone and David Strauss provide valuable context for U.S. Supreme Court decisions under Chief Justice Earl Warren that have profoundly affected the country, but their overly protective attitude sometimes obscures reality, says Federal Circuit Judge Timothy Dyk.
Last year, opioid-related enforcement was the U.S. Department of Justice's top priority, in addition to a sustained focus on the prosecution of private individuals and data-driven identification of health care fraud, say attorneys at Mintz.
From the “Varsity Blues” investigation to the Mueller report, white collar criminal cases were at the forefront of the national dialogue last year. Attorneys at Keker Van Nest look back at the most significant white collar cases and trends from 2019 and highlight what to watch for in 2020.
For outside firms wondering how to best support busy in-house lawyers, several practices can help navigate critical legal issues and novel business challenges while strengthening the working relationship, says Virginia Hudson, associate general counsel at Capital One.
In the 50 years since the Racketeer Influenced and Corrupt Organizations Act was passed, courts' attempts to clarify the statute have had some success, but many interpretive dilemmas remain unresolved, says Randy Gordon of Barnes & Thornburg.
Last year's surge in ransomware attacks got a boost from Bitcoin, which helped cybercriminals carry out their extortion schemes with much greater ease, efficiency and speed, says cybersecurity consultant John Reed Stark.
As ethical constraints on pretrial social media use evolve, the American Bar Association's Model Rules and several court opinions provide guidance on avoiding violations when collecting evidence, researching jurors and friending judges, say Hilary Gerzhoy and Mark Davis at Harris Wiltshire.