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White Collar
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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."
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November 04, 2025
Clippers Owner, BakerHostetler Named In Fintech Fraud Suit
Nearly a dozen investors have filed an amended lawsuit in California state court alleging Los Angeles Clippers owner Steve Ballmer and others, including BakerHostetler, helped financial technology company Aspiration Partners Inc. defraud them by propagating a false narrative that the business was financially solvent.
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November 04, 2025
DC Circ. Affirms Gun Conviction Despite Anxious Juror Note
A D.C. Circuit panel affirmed a man's nearly five-year sentence for being a felon in possession of a gun, finding on Tuesday that although a juror told the court after the verdict that her anxiety may have deprived the defendant of justice, this couldn't be considered.
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November 04, 2025
Ex-County Staffer, Housing Leader Admit To Bribery Scheme
A former program director for a Detroit housing nonprofit and former Wayne County taxpayer assistant pled guilty Tuesday to operating a scheme to remove homes from the county's foreclosure list to fraudulently transfer to new ownership and sell the properties.
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November 04, 2025
2nd Circ. Revives Habeas Petition Over Counsel's Mistake
A divided Second Circuit panel ruled Tuesday that because a convicted sex trafficker's counsel during his first criminal appeal made an admittedly "inexcusable" mistake, the convict should be granted a second chance via a habeas petition to challenge his sentence.
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November 04, 2025
Ex-View CFO Must Face SEC Suit Over Negligence Claim
A California federal judge has ruled that the U.S. Securities and Exchange Commission has enough evidence to move forward with its negligence claim against a former chief financial officer of "smart" glassmaker View Inc. and that a jury should decide whether the related alleged misstatements were significant to investors.
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November 04, 2025
DOJ Ignores Court Discovery Order In Letitia James Case
The U.S. Department of Justice has refused to provide New York Attorney General Letitia James access to documents related to her October indictment on mortgage fraud charges, arguing Tuesday that a Virginia federal judge was too early in making the discovery order.
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November 04, 2025
Conn. Firm Bookkeeper Asks To Delay Embezzlement Trial
A former law firm bookkeeper accused of embezzling $835,000 from the legal practice and from its managing partner's rental business asked a Connecticut federal judge on Monday to delay a scheduled January jury trial because of a health issue that requires surgery.
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November 04, 2025
Baker Donelson Tries Again To Escape Miss. Timber Ponzi Suit
Baker Donelson has moved for summary judgment against claims the firm allowed a timber company's nine-figure Ponzi scheme to unfold under its nose, with other defendants and the receiver also seeking rulings in their favor in the Mississippi federal suit.
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November 04, 2025
Marino Finley Adds Top DC Litigator From Barnes & Thornburg
Marino Finley LLP has hired a Barnes & Thornburg LLP white collar group partner in Washington, D.C., who joins the firm as of counsel to represent clients in high-stakes litigation, the firm announced this week.
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November 04, 2025
StraightPath Founders Convicted Of Massive Stock-Sale Fraud
A Manhattan federal jury found stock vendor StraightPath's three founders guilty Tuesday on charges of defrauding clients who purchased pre-initial public offering shares from them, capping a trial where prosecutors cited "overwhelming" evidence of a $400 million "web of lies."
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November 04, 2025
Ex-Conn. Official Gets Sentencing Delayed Pending 2nd Trial
A Connecticut federal judge on Tuesday indefinitely delayed sentencing for Konstantinos "Kosta" Diamantis, a former Connecticut budget official convicted of soliciting and accepting bribes connected to school construction projects, after defense counsel requested a pause until a second trial on unrelated corruption charges concludes.
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November 04, 2025
DC Circ. Skeptical Of IRS Data Leaker's Qualms About Judge
The D.C. Circuit seemed unlikely Tuesday to grant a request for resentencing by an IRS contractor serving prison time for leaking the tax returns of President Donald Trump and others to the media, suggesting his judge did nothing wrong in giving him the maximum term.
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November 04, 2025
2nd Circ. Hints Bankman-Fried's $11B Forfeiture Is Overkill
The Second Circuit suggested Tuesday that the government's $11 billion forfeiture order against Sam Bankman-Fried may be unconstitutionally large, noting that the staggering amount tops the raft of cases tasking the court with determining if such money judgments pass Eighth Amendment muster.
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November 03, 2025
MIT Bros Rest, Expert Says $25M Crypto Score Was Aboveboard
Two MIT-educated brothers accused of using an unlawful crypto trading strategy to steal $25 million from other traders on Monday rested their case without taking the stand, after a defense expert witness said they didn't violate any rules of the Ethereum blockchain.
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November 03, 2025
Feds Defend Cases Against James Comey, Letitia James
The U.S. Department of Justice on Monday took a swing at bids by former FBI Director James Comey and New York Attorney General Letitia James to get their indictments thrown out, telling a federal judge the appointment of interim U.S. Attorney Lindsey Halligan was valid.
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November 03, 2025
Real Estate Exec Alleges $3.7M Misuse Of Company Funds
The chief development officer of a Colorado real estate developer has claimed in state court that executives within the company improperly transferred $3.7 million to some of the business's affiliates without approval, treating the money as a "piggy bank" to pay obligations for the entities.
Expert Analysis
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Criminal Healthcare Fraud Takeaways From 4th Circ. Reversal
After the Fourth Circuit reversed a doctor’s postconviction acquittal in U.S. v. Elfenbein last month, defense attorneys should consider three strategies when handling complex criminal healthcare matters, says Jonathan Porter at Husch Blackwell.
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Series
Hiking Makes Me A Better Lawyer
On the trail, I have thought often about the parallels between hiking and high-stakes patent litigation, and why strategizing, preparation, perseverance and joy are important skills for success in both endeavors, says Barbara Fiacco at Foley Hoag.
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White House Report Strikes An Optimistic Note On Crypto
Taking seriously President Donald Trump's pledge to adopt a pro-innovation mindset toward digital assets and blockchain technologies, a recent benchmark White House report on crypto provides a comprehensive regulatory framework that takes into account the products' novel characteristics within the high-tech ecosystem, say attorneys at Davis Wright.
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DC Circ. Ruling Augurs More Scrutiny Of Blanket Gag Orders
The D.C. Circuit’s recent ruling in In re: Sealed Case, finding that an omnibus nondisclosure order was too sweeping, should serve as a wake-up call to prosecutors and provide a road map for private parties to push back on overbroad secrecy demands, says Gregory Rosen at Rogers Joseph.
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Series
Law School's Missed Lessons: Negotiation Skills
I took one negotiation course in law school, but most of the techniques I rely on today I learned in practice, where I've discovered that the process is less about tricks or tactics, and more about clarity, preparation and communication, says Grant Schrantz at Haug Barron.
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DOJ Whistleblower Program May Fuel Criminal Antitrust Tack
A recently launched Justice Department program that provides rewards for reporting antitrust crimes related to the U.S. Postal Service will serve to supplement the department’s leniency program, signaling an ambition to expand criminal enforcement while deepening collaboration across agencies, say attorneys at Crowell & Moring.
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Opinion
Bar Exam Reform Must Expand Beyond A Single Updated Test
Recently released information about the National Conference of Bar Examiners’ new NextGen Uniform Bar Exam highlights why a single test is not ideal for measuring newly licensed lawyers’ competency, demonstrating the need for collaborative development, implementation and reform processes, says Gregory Bordelon at Suffolk University.
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Export Misconduct Resolutions Emphasize BIS, DOJ Priorities
The U.S. Department of Justice's and Bureau of Industry and Security's recently resolved parallel enforcement actions against semiconductor technology company Cadence Design demonstrate the agencies' prioritization of penalties for export control violations involving China, as well as the importance of voluntary self-disclosure, say attorneys at Fenwick.
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A Simple Way Courts Can Help Attys Avoid AI Hallucinations
As attorneys increasingly rely on generative artificial intelligence for legal research, courts should consider expanding online quality control programs to flag potential hallucinations — permitting counsel to correct mistakes and sparing judges the burden of imposing sanctions, say attorneys at Lankler Siffert & Wohl and Connors.
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DOJ Consumer Branch's End Leaves FDA Litigation Questions
With the dissolution of the U.S. Department of Justice's Consumer Protection Branch set to occur by Sept. 30, companies must carefully monitor how responsibility is reallocated for civil and criminal enforcement cases related to products regulated by the U.S. Food and Drug Administration, say attorneys at Foley & Lardner.
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What's At Stake In High Court Review Of Funds' Right To Sue
The U.S. Supreme Court's upcoming review of FS Credit Opportunities v. Saba Capital Master Fund, a case testing the limits of using Investment Company Act Section 47(b) to give funds a private right of action to enforce other sections of the law, could either encourage or curb similar activist investor lawsuits, say attorneys at Goodwin.
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How Securities Defendants Might Use New Wire Fraud Ruling
Though the Second Circuit’s recent U.S. v. Chastain decision — vacating the conviction of an ex-OpenSea staffer — involved the wire fraud statute, insider trading defendants might attempt to import the ruling’s reasoning into the securities realm, says Jonathan Richman at Brown Rudnick.
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Cos. Must Tailor Due Diligence As Trafficking Risks Increase
As legislators, prosecutors and plaintiffs attorneys increasingly focus on labor and sex trafficking throughout the U.S., companies must tailor their due diligence strategies to protect against forced labor trafficking risks in their supply chains, say attorneys at Steptoe.
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Series
Creating Botanical Art Makes Me A Better Lawyer
Pressing and framing plants that I grow has shown me that pursuing an endeavor that brings you joy can lead to surprising benefits for a legal career, including mental clarity, perspective and even a bit of humility, says Douglas Selph at Morris Manning.
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Supreme Court's Criminal Law Decisions: The Term In Review
Though the U.S. Supreme Court’s criminal law decisions in its recently concluded term proved underwhelming by many measures, their opinions revealed trends in how the justices approach criminal cases and offered reminders for practitioners, says Kenneth Notter at MoloLamken.