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White Collar

  • November 06, 2025

    AI Developer Made $100M By Dumping Tokens, Suit Says

    A purported open-source artificial intelligence developer has been hit with a proposed class action accusing it of reaping over $100 million in ill-gotten gains by manipulating a token merger and breaching a covenant to develop AI tools in an "ethical and acceptable manner."

  • November 06, 2025

    Troutman Adds Transactions Pro From Kirkland In NY

    Troutman Pepper Locke LLP has expanded its energy transactional practice group in New York with a private equity and mergers and acquisitions attorney from Kirkland & Ellis LLP, the firm said Thursday.

  • November 06, 2025

    EU Authorities Probe Suspected €61.5M VAT Fraud Ring

    European Union authorities carried out search and seizure operations Thursday in Austria as part of an investigation into a suspected cross-border value-added-tax fraud scheme that has purportedly resulted in an estimated total of €61.5 million ($71 million) in unpaid taxes.  

  • November 06, 2025

    Trump Taps Ex-Kansas AG Deputy For DOJ Legal Policy Role

    President Donald Trump has nominated Dan Burrows, a White House official and former chief deputy attorney general of Kansas, to be assistant attorney general for the U.S. Department of Justice's Office of Legal Policy.

  • November 06, 2025

    Samourai Wallet Exec Gets 5 Years In Crypto Laundering Case

    A Manhattan federal judge sentenced the CEO of crypto mixer Samourai Wallet to five years in prison Thursday after he admitted that his business facilitated big-dollar transfers derived from criminal activity including narcotics trafficking and extortion.

  • November 06, 2025

    2nd Circ. Orders New Look At Trump's Hush Money Case

    In a published opinion, the Second Circuit on Thursday ordered a federal district judge to take a fresh look at President Donald Trump's attempt to move his New York hush money conviction to federal court, citing the U.S. Supreme Court's 2024 presidential immunity ruling as grounds for reconsidering the case.

  • November 05, 2025

    Crypto Thief Or 'Scapegoat'? Jury To Decide Ex-CFO's Fate

    Prosecutors urged a Washington federal jury Wednesday to convict a software startup's ex-executive for pumping $35 million from company coffers into his fledgling cryptocurrency project, while defense counsel accused the government of pursuing a baseless case because the company needed someone to "scapegoat" for an investment loss.

  • November 05, 2025

    Hedge Fund Fired Whistleblower Compliance Chief, Suit Says

    The onetime U.S. compliance head of British hedge fund Capula Investment Management LLP has sued his former employer for allegedly retaliating against him after he blew the whistle internally on issues including the use of investor funds for expenses such as artwork and private jet travel.

  • November 05, 2025

    3 More Chinese Scholars Accused Of Smuggling Roundworms

    Three Chinese research scholars working at a University of Michigan laboratory have been accused of conspiring with a student pursuing her doctoral degree in Wuhan, China, to smuggle roundworms into the U.S., the U.S. Department of Justice announced Wednesday.

  • November 05, 2025

    Energy Co. Execs Lied About Biz, Mont. Project, NJ AG Says

    Two Breezy Point Energy executives duped investors into pouring more than $3 million into a renewable energy project in Montana that was never in development, while using the money to cut themselves big salaries, rent a mansion and lease luxury cars, New Jersey prosecutors announced Wednesday. 

  • November 05, 2025

    Texas Voters Ban Bail For Some Accused Of Serious Felonies

    Texas voters have approved a constitutional amendment requiring judges to deny bail to defendants charged with certain violent crimes if they are shown to be a threat or flight risk during a pretrial hearing.

  • November 05, 2025

    Ex-Mashpee Tribal Leader Gets 3.5 Years For Casino Bribes

    The former chair of the Mashpee Wampanoag Tribe on Wednesday was sentenced to a 42-month prison term for orchestrating a bribery scheme tied to the tribe's $1 billion casino project, as a Massachusetts federal judge chastised him for characterizing his yearslong conduct as "mistakes."

  • November 05, 2025

    Convicted Man Seeks New Trial In $200M Smuggling Case

    A man who was convicted of assisting in a scheme to smuggle as much as $200 million worth of counterfeit luxury goods into the U.S. has asked a California federal judge for a new trial, challenging the government's evidence that he knew what he was doing was illegal.

  • November 05, 2025

    Atty Is Still Making Cyberstalking Posts, Feds Say

    Federal prosecutors on Wednesday asked a Texas federal court to order an attorney who has been charged with cyberstalking detained until trial, saying she continues to make incriminating blog posts in violation of the terms of her pretrial release.

  • November 05, 2025

    Amazon Sues Perplexity Over Shopper-Impersonating AI Tool

    Global retailer Amazon.com slapped Perplexity AI with a federal lawsuit that claims the San Francisco startup's use of an AI-powered "personal assistant" Comet to make purchases on the Amazon platform goes against its terms of service and is creating a security risk.

  • November 05, 2025

    NJ Panel Unsure Businessman's Threats Broke Law

    A New Jersey appellate panel on Wednesday appeared skeptical that the sprawling racketeering indictment against Garden State businessman George E. Norcross was improperly dismissed, asking the state in its bid to revive the case how the power broker's alleged threats outlined in its 111-page indictment were unlawful.

  • November 05, 2025

    Ex-Startup Exec Who Helped Defraud JPMorgan Gets 68 Mos.

    A Manhattan federal judge hit an Israeli businessman with 68 months in prison Wednesday for joining with Frank founder Charlie Javice to trick JPMorgan into buying their failed financial aid startup for $175 million by using faked customer data.

  • November 05, 2025

    Insurer Says Ad Firm Only Paid Part Of $2M Fraud Settlement

    An auto insurer told an Ohio federal court that an advertising firm it had accused of engaging in a "brazen and sophisticated scheme" to defraud it of over $9.9 million has failed to abide by their $2 million settlement, saying it has only received partial payment.

  • November 05, 2025

    Ex-US Atty, AUSA Pair Joins Baker Donelson In Raleigh

    A former U.S. attorney and a former assistant U.S. attorney have jumped from K&L Gates LLP to Baker Donelson Bearman Caldwell & Berkowitz PC in North Carolina.

  • November 05, 2025

    Judge Slams DOJ's 'Indict First' Strategy In Comey Case

    Federal prosecutors were given just over 24 hours to hand over all of the grand jury materials and anything seized under years-old warrants in the James Comey case when a Virginia federal judge said Wednesday that the government appeared to be pursuing an "indict first, investigate last" strategy.

  • November 04, 2025

    Jury Told $25M Crypto Win Was Fraud, MIT Bros Call It Legit

    Manhattan federal prosecutors on Tuesday told jurors that two MIT-educated brothers pulled off a meticulously planned $25 million crypto heist by ripping off other traders they didn't like, while defense counsel argued that the government is trying to take a legitimate "sharp-edged" trading strategy and turn it into a crime.

  • November 04, 2025

    Philly DA Krasner Defeats Judge Challenger To Win 3rd Term

    Philadelphia District Attorney Larry Krasner fended off former Municipal Court Judge Patrick Dugan Tuesday in his bid for a third term as the city's top prosecutor.

  • November 04, 2025

    Ex-Beneficient CEO Stole $150M From GWG, Feds Say

    The former CEO of Texas financial services firm Beneficient allegedly created a fraudulent scheme to loot more than $150 million from now defunct GWG Holdings, a publicly traded company for which he served as chairman, according to a New York federal grand jury indictment unsealed Tuesday.

  • November 04, 2025

    Manhattan DA Alvin Bragg Defeats 2 To Win Reelection

    Manhattan District Attorney Alvin Bragg sailed to reelection Tuesday, defeating a Republican former public defender and an independent former prosecutor who had both accused him of being soft on crime.

  • November 04, 2025

    Hytera Faces $290.8M Restitution Award In Trade Secrets Case

    Federal prosecutors have asked a Chicago judge to order Hytera Communications Corp. to pay nearly $290.8 million in restitution to Motorola Solutions after it pled guilty to conspiracy to steal its trade secrets for mobile two-way radios, calling Hytera's crime "egregious and lasting."

Expert Analysis

  • A Reminder Of The Limits Of The SEC's Crypto Thaw

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    As the U.S. Securities and Exchange Commission's regulatory thaw has opened up new possibilities for tokenization projects, the Ninth Circuit's recent decision in SEC v. Barry that certain fractional interests are investment contracts, and thus securities, illustrates that guardrails remain via the Howey test, say attorneys at Skadden.

  • Series

    Adapting To Private Practice: From Va. AUSA To Mid-Law

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    Returning to the firm where I began my career after seven years as an assistant U.S. attorney in Virginia has been complex, nuanced and rewarding, and I’ve learned that the pursuit of justice remains the constant, even as the mindset and client change, says Kristin Johnson at Woods Rogers.

  • 7 Document Review Concepts New Attorneys Need To Know

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    For new associates joining firms this fall, stepping into the world of e-discovery can feel like learning a new language, but understanding a handful of fundamentals — from coding layouts to metadata — can help attorneys become fluent in document review, says Ann Motl at Bowman and Brooke.

  • NY Laundering Ruling Leans On Jurisdictional Fundamentals

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    A New York appeals court’s recent dismissal of Zhakiyanov v. Ogai, a civil money laundering dispute between Kazakh citizens involving New York real estate, points toward limitations on the jurisdictional reach of state courts and suggests that similar claims will be subject to a searching forum analysis, say attorneys at Curtis Mallet-Prevost.

  • Senate Bill Could Overhaul Digital Asset Market Structure

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    The Senate Banking Committee's draft Responsible Financial Innovation Act would not only clarify the roles and responsibilities of financial institutions engaging in digital asset activities but also impose new compliance regimes, reporting requirements and risk management protocols, say attorneys at Troutman.

  • Stablecoin Committee Promotes Uniformity But May Fall Short

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    While the Genius Act's establishment of the Stablecoin Certification Review Committee will provide private stablecoin issuers with more consistent standards, fragmentation remains due to the disparate regulatory approaches taken by different states, say attorneys at Morgan Lewis.

  • Avoiding Unforced Evidentiary Errors At Trial

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    To avoid self-inflicted missteps at trial, lawyers must plan their evidentiary strategy as early as their claims and defenses, with an eye toward some of the more common pitfalls, says Nate Sabri at Perkins Coie.

  • Agentic AI Puts A New Twist On Attorney Ethics Obligations

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    As lawyers increasingly use autonomous artificial intelligence agents, disciplinary authorities must decide whether attorney responsibility for an AI-caused legal ethics violation is personal or supervisory, and firms must enact strong policies regarding agentic AI use and supervision, says Grace Wynn at HWG.

  • Parsing Trump Admin's First 6 Months Of SEC Enforcement

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    The U.S. Securities and Exchange Commission's enforcement results for the first six months of the Trump administration show substantially fewer new enforcement actions compared to the same period under the previous administration, but indicate a clear focus on traditional fraud schemes affecting retail investors, say attorneys at King & Spalding.

  • Health Insurance Kickback Cases Signal Greater Gov't Focus

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    A series of recent indictments by federal prosecutors in California suggests that the Eliminating Kickbacks in Recovery Act is gaining momentum as an enforcement tool against illegal inducement of patient referrals in the realm of commercial health insurance, say attorneys at BakerHostetler.

  • Cos. Face EU, US Regulatory Tension On Many Fronts

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    When the European Union sets stringent standards, companies seeking to operate in the international marketplace must conform to them, or else concede opportunities — but with the current U.S. administration pushing hard to roll back regulations, global companies face an increasing tension over which standards to follow, say attorneys at Baker McKenzie.

  • Series

    Being A Professional Wrestler Makes Me A Better Lawyer

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    Pursuing my childhood dream of being a professional wrestler has taught me important legal career lessons about communication, adaptability, oral advocacy and professionalism, says Christopher Freiberg at Midwest Disability.

  • DOJ's New Initiative Puts Title IX Compliance In Spotlight

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    Following the federal government's recent guidance regarding enhanced enforcement of discrimination on the basis of sex, organizations should evaluate whether they fall under the aegis of Title IX's scope, which is broader than many realize, and assess discrimination prevention opportunities, say attorneys at Foley & Lardner.

  • Series

    Law School's Missed Lessons: Adapting To The Age Of AI

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    Though law school may not have specifically taught us how to use generative artificial intelligence to help with our daily legal tasks, it did provide us the mental building blocks necessary for adapting to this new technology — and the judgment to discern what shouldn’t be automated, says Pamela Dorian at Cozen O'Connor.

  • Ch. 11 Ruling Voiding $2M Litigation Funding Sends A Warning

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    A recent Texas bankruptcy court decision that a postconfirmation litigation trust has no obligations to repay a completely drawn down $2 million litigation funding agreement serves as a warning for estate administrators and funders to properly disclose the intended financing, say attorneys at Kleinberg Kaplan.

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