White Collar

  • December 17, 2024

    Magic Runs Out For Tax Pro Who Stiffed IRS Out Of $145M

    A New York City tax preparer who earned the nickname "the magician" while depriving the IRS of $145 million in revenue copped to tax evasion on Tuesday before a Manhattan federal judge.

  • December 17, 2024

    Former Massachusetts AG Frank Bellotti Dies At 101

    Former Massachusetts Attorney General Francis Bellotti, who spent more than a decade as the state's top prosecutor, died Tuesday at 101, his family said.

  • December 17, 2024

    Ex-Tenn. Law Firm Manager Accused Of $1.2M Embezzlement

    A Tennessee federal grand jury indicted the former office manager of a Memphis law firm on charges she embezzled more than $1.2 million from the firm to buy luxury goods and travel for herself and her relatives.

  • December 16, 2024

    Circuit-By-Circuit Guide To 2024's Most Memorable Moments

    One judge said a litigant's position would cause "an effing nightmare," and another decried the legal community's silence amid "illegitimate aspersions." Public officials literally trashed one court's opinion, and fateful rulings dealt with controversial politicians, social media and decades of environmental policy. Those were just a few appellate highlights in 2024, a year teeming with memorable moments both substantive and sensational.

  • December 16, 2024

    Menendez Prosecutors Say 'Chat Chains' Were Admitted In Error

    Federal prosecutors in the government's case against former Sen. Bob Menendez on Monday notified the New York federal court of another evidentiary blunder, this time saying they mistakenly admitted "long chat chains" that included "small portions of material" that should've been excluded.

  • December 16, 2024

    Medical Facility Or Prison? Judge Mulls Tom Girardi's Fate

    A California federal judge on Monday ordered federal prosecutors and Tom Girardi's defense counsel to make their case on whether the 85-year-old disbarred attorney should get lifetime confinement to a medical facility instead of prison for embezzling millions of dollars from clients, given his age and declining mental health.

  • December 16, 2024

    Alaska Plea Nixed Due To Ex-Judge's Sexts With Prosecutor

    A visiting judge agreed Monday to overturn an Alaska guilty plea that was negotiated by a federal prosecutor who sent nude photographs to former U.S. District Judge Joshua Kindred, the latest fallout from the disgraced jurist's sexual misconduct scandal.

  • December 16, 2024

    NY Judge Denies Trump's 1st Immunity Dismissal Motion

    The New York state judge overseeing President-elect Donald Trump's hush money case denied the first of his immunity-based dismissal motions on Monday, finding that the trial evidence in the criminal case was not tainted by "official acts" evidence from his first term in office.

  • December 16, 2024

    Judge OKs Par Funding Receiver's Plan To Distribute $110M

    A Florida federal judge on Monday approved a distribution plan by the receiver for Par Funding and authorized the first distribution of more than $110 million that the receiver has collected for the investors who were defrauded in a Ponzi scheme that raised nearly a half-billion dollars.

  • December 16, 2024

    Ex-Ill. Rep. Says He Got ComEd, AT&T Work With Madigan's Help

    Former Illinois state Rep. Eddie Acevedo testified Monday that he obtained consulting work from utilities ComEd and AT&T with former House Speaker Michael Madigan's help, but pushed back on prosecutors' suggestion that he performed little to no work for the pay.

  • December 16, 2024

    UnitedHealthcare Shooting Suspect Hires Ex-NYC Prosecutor

    Karen Friedman Agnifilo, a former veteran prosecutor in the Manhattan District Attorney's Office, has been retained to represent the man accused of killing the CEO of UnitedHealthcare outside a hotel in midtown Manhattan earlier this month, a spokesperson for Agnifilo's firm said Monday.

  • December 16, 2024

    Mich. Judge Troubled By Scope Of Feds' CTA Data Collection

    A federal judge in Michigan said new disclosure requirements for small businesses seem burdensome and intrusive during a Monday hearing focused on the privacy implications of the currently blocked anti-money laundering law.

  • December 16, 2024

    Right-Wing Pair Can Be Charged For False Election Robocalls

    A Michigan appellate panel has upheld, for the second time, criminal charges against two right-wing conspiracy theorists who led a misinformation campaign that targeted Black voters, finding that even under a narrowed test from the state's top court, the pair likely knew the robocalls shared false information and were related to voting procedures.

  • December 16, 2024

    SEC Says Colo. Nonprofit Flouting Probe Into Potential Fraud

    The U.S. Securities and Exchange Commission has asked a Colorado federal judge to order a religious-themed financial literary organization to comply with a subpoena in the agency's investigation into possibly unregistered securities and crypto assets.

  • December 16, 2024

    11th Circ. Appears Wary Of Doc's New Trial Bid In $27.5M Case

    The Eleventh Circuit on Monday questioned whether a Georgia doctor and his medical practice should get a new trial in a $27.5 million False Claims Act case on the basis that he and an expert who wasn't allowed to testify at trial believed the thousands of treatments he billed for were medically necessary and could be covered by Medicare, saying that contention seems to contradict the doctor's prior statements. 

  • December 16, 2024

    Navajo President Cleared In VP Sexual Harassment Probe

    Navajo Nation President Buu Nygren has been cleared of allegations that he sexually harassed the tribe's Vice President Richelle Montoya during an August 2023 encounter, its attorney general announced, saying an outside firm hired to investigate the incident found that her reports don't violate any of the tribe's criminal laws.

  • December 16, 2024

    No 1st Amendment Right For Prison Interviews, 4th Circ. Says

    A South Carolina prison's policy of prohibiting interviews with inmates does not violate the First Amendment's free speech protections, the Fourth Circuit has said in a published decision.

  • December 16, 2024

    Ecuador Banana Co. Prez Ordered To Jail Over $6.9M Award

    A Miami federal judge issued an arrest order for the president of an Ecuadorian banana company that ignored court orders to turn over financial information at the request of Chiquita Brands International, which is trying to enforce a $6.9 million arbitration award.

  • December 16, 2024

    Jay-Z Flags 'Glaring Inconsistencies' In Buzbee Rape Claims

    Counsel for Shawn "Jay-Z" Carter told a New York federal judge Friday that new media reports reveal "glaring inconsistencies" in an anonymous woman's rape allegations against the rapper and fellow music mogul Sean "Diddy" Combs, suggesting that her attorney Tony Buzbee deserves sanctions for failing to vet the claims.

  • December 16, 2024

    Blindsided Developer Says $112K Legal Bill Should Be $25K

    A real estate developer fighting a $112,000 legal bill from Conrad & Scherer LLP testified in a Florida state court Monday that he hired the firm for its banking regulation expertise but not for trial work in a lawsuit over a luxury house in Colorado.

  • December 16, 2024

    Mass. Police Arrest 12 In High-End Car Theft Ring Probe

    Police in Massachusetts have arrested a dozen people whom state prosecutors accused of stealing $2.6 million worth of high-end automobiles, and seized firearms and other allegedly related evidence, the state attorney general's office announced Monday.

  • December 16, 2024

    Investment Pro Denies $600M 'Cherry-Picking' Fraud Charges

    A California investment executive on Monday denied cheating a group of his firm's clients by assigning them poorer-performing trades, pleading not guilty before a Manhattan federal judge to what prosecutors call a $600 million criminal "cherry-picking" fraud.

  • December 16, 2024

    Lin Wood Must Pay $2M To Ga. Court After Defamation Verdict

    Embattled former attorney Lin Wood will have to hand over $2 million to a Georgia federal court and must ensure that property offered as collateral is accessible and maintained while he appeals a $4.5 million defamation award against him, a federal judge ruled Monday.

  • December 16, 2024

    Ozy Media CEO Gets Almost 10 Years For Investor Fraud

    A New York federal judge on Monday sentenced former Ozy Media CEO Carlos Watson to nearly 10 years in prison following his conviction at trial for lying to banks and investors to secure tens of millions of dollars in funding for the nascent multimedia company.

  • December 16, 2024

    Ex-Top Aide To NYC Mayor Denies Guilt As Indictment Looms

    A former top adviser to New York City Mayor Eric Adams professed innocence Monday as she braced for state criminal charges related to allegedly improper gifts.

Expert Analysis

  • How Attorneys Can Break Free From Career Enmeshment

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    Ambitious attorneys can sometimes experience career enmeshment — when your sense of self-worth becomes unhealthily tangled up in your legal vocation — but taking the time to discover and realign with your core personal values can help you recover your identity, says Janna Koretz at Azimuth Psychological.

  • A Look At Insurance Coverage For Government Investigations

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    Attorneys at Jenner & Block discuss the quirks and potential pitfalls of insurance coverage for government claims and investigations, including those likely to arise from the U.S. Department of Justice's recently announced whistleblower program.

  • Ex-Chicago Politician's Case May Further Curb Fraud Theories

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    The U.S. Supreme Court recently agreed to hear Thompson v. U.S. to determine whether a statement that is misleading but not false still violates federal law, potentially heralding the court’s largest check yet on prosecutors’ expansive fraud theories, with significant implications for sentencing, say attorneys at the Law Offices of Alan Ellis.

  • Lawyers With Disabilities Are Seeking Equity, Not Pity

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    Attorneys living with disabilities face extra challenges — including the need for special accommodations, the fear of stigmatization and the risk of being tokenized — but if given equitable opportunities, they can still rise to the top of their field, says Kate Reder Sheikh, a former attorney and legal recruiter at Major Lindsey & Africa.

  • New Export Control Guidance Raises The Stakes For Banks

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    Recent guidance from the Bureau of Industry and Security alerts banks that they could be liable for facilitating export control violations, the latest example of regulators articulating the expectation that both financial institutions and corporations serve as gatekeepers to mitigate crime and aid enforcement efforts, say attorneys at Freshfields.

  • Opinion

    Judicial Committee Best Venue For Litigation Funding Rules

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    The Advisory Committee on Civil Rules' recent decision to consider developing a rule for litigation funding disclosure is a welcome development, ensuring that the result will be the product of a thorough, inclusive and deliberative process that appropriately balances all interests, says Stewart Ackerly at Statera Capital.

  • The Strategic Advantages Of Appointing A Law Firm CEO

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    The impact on law firms of the recent CrowdStrike outage underscores that the business of law is no longer merely about providing supplemental support for legal practice — and helps explain why some law firms are appointing dedicated, full-time CEOs to navigate the challenges of the modern legal landscape, says Jennifer Johnson at Calibrate Strategies.

  • The Ups And Downs Of SEC's Now-Dissolved ESG Task Force

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    The U.S. Securities and Exchange Commission's Climate and ESG Enforcement Task Force, which was quietly disbanded sometime over the summer, was marked by three years of resistance from some stakeholders to ESG regulation, a mixed record in the courts and several successful enforcement actions, say attorneys at Crowell & Moring.

  • 7 Tips To Help Your Witness Be A Cross-Exam Heavyweight

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    Because jurors tend to pay a little more attention to cross-examination, attorneys should train their witnesses to strike a balance — making it tough for opposing counsel to make their side’s case, without coming across as difficult to the jury, says Ken Broda-Bahm at Persuasion Strategies.

  • Series

    Beekeeping Makes Me A Better Lawyer

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    The practice of patent law and beekeeping are not typically associated, but taking care of honeybees has enriched my legal practice by highlighting the importance of hands-on experience, continuous learning, mentorship and more, says David Longo at Oblon McClelland.

  • Understanding New ACH Network Anti-Fraud Rules

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    Many of the National Automated Clearing House Association’s recent amendments to ACH network risk management rules went into effect this month, so financial institutions and corporations must review and update their internal policies as needed, says Aisha Hall at Taft.

  • The OIG Report: Bad Timing For FEC To Be Underresourced

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    With less than two weeks to the election, the Federal Election Commission’s job has never been more urgent, but a report from its Office of the Inspector General earlier this year found that the agency is facing a resource squeeze that will only get worse without corrective action, says Diana Shaw at Wiley.

  • Anticipating Jarkesy's Effect On Bank Agency Enforcement

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    Following the U.S. Supreme Court’s decision in U.S. Securities and Exchange Commission v. Jarkesy, federal courts may eventually issue decisions on banking law principles and processes that could fundamentally alter the agencies' enforcement action framework, and the relationship between banks and examiners, says Brendan Clegg at Luse Gorman.

  • CFTC Anti-Fraud Blitz Is A Warning To Carbon Credit Sellers

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    With its recent enforcement actions against a carbon offset project developer and its senior executives for reporting false information about the energy savings of the company's projects, the Commodity Futures Trading Commission is staking out its position as a primary regulator in the voluntary carbon credit market, say attorneys at Morgan Lewis.

  • Unpacking State AG Approaches To Digital Asset Enforcement

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    Attorneys at Cozen O'Connor survey recent digital asset enforcement by attorneys general nationwide driven by concerns over regulatory gaps where technological developments and market changes have outpaced legislation.

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