USA v. Connolly

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Case overview

Case Number:

1:16-cr-00370

Court:

New York Southern

Nature of Suit:

Firms

  1. March 16, 2020

    'Outsourcing' Ruling Will Remain Outlier If Judges Don't Bite

    It has been nearly a year since a federal judge shook the status quo in the white collar bar by ruling that prosecutors had improperly "outsourced" an investigation to Paul Weiss, but attempts by defendants in other cases to get a similar ruling face a high bar, including convincing judges to grant access to key evidence.

  2. December 19, 2019

    The Biggest White Collar Cases Of 2019

    From men on the periphery of a presidential scandal to rich parents bribing their kids' way into college, 2019 was rife with headline-grabbing white collar cases, even while prosecutors suffered defeat in some of their most complicated fraud trials. Here, Law360 looks back at a few of the biggest white collar rulings of 2019.

  3. October 25, 2019

    Novel Libor Sentence Shows Issues Foreign Defendants Face

    Foreign defendants face harsher penalties in the U.S. than their American peers — unless they can get a judge to hack the system, as one did in allowing a British former trader convicted of Libor-rigging to serve home confinement at his home in the U.K.

  4. October 24, 2019

    Ex-Deutsche Bank Traders Dodge Prison For Libor Rigging

    A New York federal judge on Thursday spared two former Deutsche Bank AG traders from serving time in prison following their conviction at trial for Libor rigging, saying she refuses to make them scapegoats for the sins of the entire banking industry.

  5. October 11, 2019

    Feds Call Ex-Deutsche Traders 'Emblematic' Of Banking Ills

    Federal prosecutors say two former Deutsche Bank traders' deserve substantial prison time for Libor rigging as a crime "emblematic" of big banks' bad behavior, while the traders argue that they had already suffered enough as two of the few to be prosecuted over the international scandal.

  6. May 02, 2019

    DOJ Outsourced Deutsche Libor Probe To Paul Weiss: Judge

    The U.S. Department of Justice effectively outsourced its investigation of Libor rigging at Deutsche Bank to the bank and its attorneys at Paul Weiss, a New York federal judge said Thursday in a ruling with broad implications for corporations and the white collar bar.

  7. February 05, 2019

    Feds Resist Judge's Call To Retrace Paul Weiss Libor Probe

    Federal prosecutors declined Monday to distinguish their investigation into Libor-rigging at Deutsche Bank from Paul Weiss Rifkind Wharton & Garrison LLP's internal one, calling the question irrelevant to a convicted former trader's claim he was forced to talk or be fired.

  8. January 01, 2019

    White Collar Cases To Watch In 2019

    The coming year's white collar docket is an active one, with several large health care fraud cases set to go to trial and post-trial litigation that could shape the law in insider trading and other financial crimes and affect how companies cooperate in criminal probes.

  9. December 20, 2018

    Libor Prosecutors Told To Sift Their Work From Paul Weiss'

    A Manhattan federal judge on Wednesday suggested prosecutors retrace a five-year investigation into former Deutsche Bank AG traders accused of rigging the London Interbank Offered Rate and delineate it from work by the bank's counsel at Paul Weiss Rifkind Wharton & Garrison LLP.

  10. December 11, 2018

    Ex-Deutsche Traders Fight Convictions, Cite Gov't Misconduct

    Two former traders at Deutsche Bank on Monday urged Manhattan's chief federal judge to reverse their convictions for rigging the London Interbank Offered Rate and dismiss the charges against them, arguing that prosecutors lied and hid evidence throughout the case.