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White Collar

  • September 26, 2025

    Star Witness Against NJ Sen. Menendez Asks For Leniency

    The government's key witness in the cases against former New Jersey U.S. Sen. Bob Menendez and his wife told a New York federal court that because he pled guilty and cooperated, his sentence for admitted bribery and other crimes should be time served, not the years his seven counts could carry.

  • September 26, 2025

    Hong Kong Judge Rules $109M Fraud Dispute Stays In Court

    A Hong Kong judge refused Friday to send a dispute over ownership of a lucrative copper-lead-zinc mine in the Republic of Congo and an alleged $109 million fraudulent transfer to arbitration, rejecting claims asserted by a Chinese state-owned entity that the matter fell under an arbitration clause.

  • September 26, 2025

    Men On NYPD Gang List Fight To Keep Alive Racial Bias Suit

    Three anonymous men on the New York Police Department's list of gang members have urged a federal judge to reject the city's bid to dismiss their putative class action, saying their claims are based on ongoing racial discrimination and civil rights violations.

  • September 26, 2025

    DC Circ. Revives FCA Suit Against US Cellular

    U.S. Cellular Corp. must face a lawsuit from two whistleblowers alleging it used a sham business to fraudulently obtain discounted spectrum licenses through Federal Communications Commission auctions, a D.C. Circuit panel ruled Friday in overturning a lower court.

  • September 26, 2025

    The Comey Case Was Hard To Bring. It May Be Harder To Win.

    The government faces steep challenges in proving key elements of its bare-bones indictment of former FBI Director James B. Comey, including his state of mind during 2020 testimony before Congress and the potential lack of a credible star witness, experts say.

  • September 26, 2025

    Insurer Owes No Defense To HR Co. In Embezzlement Suit

    An insurer for a human resources company had no duty to defend it in a client's lawsuit alleging that a recently hired employee the company had screened embezzled more than $1 million, a California federal court ruled, finding a misappropriation of funds exclusion applied to bar coverage.

  • September 26, 2025

    Operator Of NBA's Suns Says Doc Suit Is For Buyout Leverage

    Phoenix Suns franchise operator Suns Legacy Holdings LLC has pushed back in Delaware Chancery Court against two minority owners seeking access to company records, responding that the demands are aimed at pressuring a higher-priced buyout from the NBA team's majority owner, Mat Ishbia.

  • September 26, 2025

    4th Circ. Says NC Man's Abuse Of Trust Justifies Sentence

    The Fourth Circuit on Friday affirmed a North Carolina man's 33-month sentence for engineering an investment fraud scheme in which he pretended to be a successful day trader, finding he had abused his position of trust sufficient to support a sentencing enhancement.

  • September 25, 2025

    Ex-FBI Head Comey Indicted Days After Va. US Atty Replaced

    A federal grand jury in the Eastern District of Virginia on Thursday indicted former FBI Director James B. Comey on making a false statement and obstruction of Congress charges, just days after Donald Trump's former personal attorney took over as interim U.S. attorney in the district.

  • September 25, 2025

    Girardi's Son-In-Law Urges No Prison For Chicago Contempt

    Tom Girardi's son-in-law has argued he should not receive prison time following his contempt plea over millions of dollars in settlement funds Girardi stole from several Lion Air crash clients, saying he fought for months to get the clients paid but recognizes he "could and should" have done more.

  • September 25, 2025

    'Blessings Thru Crypto' Couple Must Pay $6.8M In CFTC Case

    The U.S. Commodity Futures Trading Commission on Thursday announced that two Tennessee residents have been ordered to pay over $6.8 million to end the commission's claims they defrauded more than 100 people with a multimillion-dollar commodity pool.

  • September 25, 2025

    Judge Affirms Fla. Studio Didn't Register Movie Securities

    A Florida federal judge affirmed a ruling that a movie studio company sold $1.2 million in unregistered securities purportedly using blockchain technology to license motion picture rights, saying he wasn't convinced the company qualified for an exemption. 

  • September 25, 2025

    Chicago Man Forged Signatures Of Federal Judges, Feds Say

    A Chicago man has been indicted for forging the signatures of two Illinois federal judges on various court filings in an attempt to get around an order restricting his ability to file new cases, according to an announcement made by the U.S. Department of Justice on Thursday.

  • September 25, 2025

    Imprisoned Pearl Token Founder Hit With Default In SEC Suit

    The incarcerated founder of an unregistered crypto offering known as Pearl tokens has been barred from issuing, offering or selling securities after failing to respond to parallel U.S. Securities and Exchange Commission claims.

  • September 25, 2025

    FTC, 19 States Halt Cancer Charity Scheme

    A car donation charity that raised more than $45 million meant for breast cancer screenings agreed Thursday to an injunction barring future charity fundraising to end an enforcement action by the Federal Trade Commission and a coalition of 19 states over misappropriated donation funds.

  • September 25, 2025

    Ex-FTE CEO Gets 12 Years For $13.6M Accounting Fraud

    The former chairman and CEO of FTE Networks Inc. on Thursday was sentenced to 12 years in prison for a multifaceted $13.6 million ploy to conceal the telecommunications and real estate company's shaky financial condition and embezzle company funds.

  • September 25, 2025

    SEC's $1.2M Deal In EB-5 Fraud Case Gets Judge's OK

    The U.S. Securities and Exchange Commission announced that a Nevada federal court has ordered a real estate developer and one of her companies to pay over $1.2 million to settle the agency's claims that they used $10 million raised from overseas investors hoping to immigrate to the U.S. to instead pay down an unrelated project loan.

  • September 25, 2025

    Convicted Atty Lacks Moral Fitness, Ethics Panel Says

    Connecticut's statewide grievance committee says an attorney convicted 10 years ago for filing false federal tax returns doesn't have the moral character to return to the legal profession.

  • September 25, 2025

    Flagstar Seeks Instant Win In Ex-Live Well VP Fraud Case

    Flagstar Bank has urged a Michigan federal judge to grant it an early win against a former executive of the now-bankrupt Live Well for his role in a scheme to defraud lenders by inflating the value of bonds, saying because the executive already pled guilty to securities fraud, he cannot now deny liability in the bank's civil case.

  • September 25, 2025

    Atty's 'Horrible' Mistake Rooted In Firm Biz, NJ Justices Hear

    Former Sacks Weston attorney Scott Diamond's counsel urged the New Jersey Supreme Court on Thursday to refrain from disbarring him for fraudulently resolving cases behind his former firm's back, arguing during a hearing that his actions stemmed from a "bona fide" business dispute.

  • September 25, 2025

    'Jailhouse Lawyer' Gets 16½ Years For Defrauding Inmates

    A Manhattan federal judge sentenced a recidivist fraudster to 16½ years in prison Thursday, saying the "jailhouse lawyer" cheated inmates out of at least $550,000 by getting them to pay for unauthorized legal filings and calling him an "incorrigible" con man.

  • September 25, 2025

    Bondi Faces Key 'Test' As Trump Orders Prosecutions

    Attorney General Pam Bondi has reached a crossroads less than eight months into her tenure as she faces an extraordinary directive from President Donald Trump to wield the U.S. Department of Justice against his political enemies.

  • September 24, 2025

    SEC Gets $7M Default Insider Trading Win Against UK Trader

    A Manhattan federal judge on Wednesday ordered a British-Lebanese trader to pay over $7.7 million, stemming from the U.S. Securities and Exchange Commission's insider trading allegations, months after the defendant avoided extradition from the U.K. on parallel criminal charges.

  • September 24, 2025

    Texas Banker Says Co.'s $30M Fraud Suit Must Be Arbitrated

    A South African company's lawsuit accusing a Texas family, a wealth manager and Frost Bank of orchestrating a $30 million embezzlement and money laundering scheme belongs in arbitration, the defendants have told a Fort Worth federal judge.

  • September 24, 2025

    Equity Trader Gets 2 Months For Insider Trading

    A Connecticut-based former head of equities trading for an investment firm who copped to insider trading in June has been sentenced to two months in prison and ordered to pay more than $331,000.

Expert Analysis

  • Targeting Execs Could Hurt SEC's Probusiness Goals

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    While many enforcement changes under the Trump administration’s U.S. Securities and Exchange Commission have been touted by commission leadership as proinnovation and probusiness, a planned focus on holding individual directors and officers responsible for wrongdoing may have the opposite effect, say attorneys at MoFo.

  • Key Points From DOJ's New DeFi Enforcement Outline

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    Recent remarks by the U.S. Department of Justice's Criminal Division head Matthew Galeotti reveal several issues that the decentralized finance industry should address in order to minimize risk, including developers' role in evaluating protocols and the importance of illicit finance risk assessments, says Drew Rolle at Alston & Bird.

  • Strategies To Get The Most Out Of A Mock Jury Exercise

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    A Florida federal jury’s recent $329 million verdict against Tesla over a fatal crash demonstrates how jurors’ perceptions of nuanced facts can make or break a case, and why attorneys must maximize the potential of their mock jury exercises to pinpoint the best trial strategy, says Jennifer Catero at Snell & Wilmer.

  • Series

    Writing Musicals Makes Me A Better Lawyer

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    My experiences with writing musicals and practicing law have shown that the building blocks for both endeavors are one and the same, because drama is necessary for the law to exist, says Addison O’Donnell at LOIS Law.

  • Steps To Take As States Expand Foreign-Influence Bans

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    As efforts to curb foreign-influenced corporate political spending continue, companies should be aware of the nuances of related laws and layer an additional analysis when assessing legality of foreign engagement, say attorneys at Steptoe.

  • 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.

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