White Collar

  • February 28, 2025

    NY Man Found Guilty Of $7M Crypto Investment Scheme

    A New York man has been found guilty by a California federal jury of 14 counts related to allegations that he stole millions of dollars' worth of investment funds and moved them to sports betting sites located outside the U.S.

  • February 28, 2025

    Mayer Brown Adds Ex-EDNY Prosecutor To White Collar Team

    As the new presidential administration ushers in changes to federal regulatory and enforcement priorities, Mayer Brown LLP has bulked up its global investigations and white collar defense practice in New York with the addition of a litigator from the U.S. Attorney's Office for the Eastern District of New York.

  • February 28, 2025

    Roc Nation Aims To Get Out Of Buzbee Conspiracy Suit

    Shawn "Jay-Z" Carter's company Roc Nation has asked a Texas federal court to let it exit a lawsuit that claims Roc Nation conspired to "finance" malpractice suits against attorney Tony Buzbee in retaliation for an abortive lawsuit Buzbee filed accusing the rap star of rape.

  • February 28, 2025

    Carbon Project Investor C-Quest Hits Ch. 7

    Carbon project developer C-Quest Capital has filed for Chapter 7 liquidation in a Delaware bankruptcy court as its ex-CEO faces charges he fraudulently obtained millions of dollars worth of carbon credits.

  • February 28, 2025

    Dems Claim DOJ Atty's 'Quid Pro Quo' Violated Ethics Rules

    Democratic Senate Judiciary Committee senior members lodged ethics complaints against acting Deputy Attorney General Emil Bove, accusing the recently appointed Bove of violating ethics rules by allegedly pushing prosecutors to drop criminal bribery charges against New York City Mayor Eric Adams in a "quid pro quo" deal with President Donald Trump.

  • February 28, 2025

    DA Eyes Type Of Weinstein Evidence That Sank 1st Verdict

    Manhattan prosecutors preparing to retry Harvey Weinstein want a jury to hear about alleged sexual assaults by the jailed Hollywood mogul that are not part of his indictment — the same kind of testimony that doomed his original conviction on appeal.

  • February 28, 2025

    Man Admits Role In $2.75M Ill. PPP Loan Fraud Scheme

    A former Chicago resident now living in Florida pled guilty in Illinois federal court on Friday, admitting he participated in a $2.75 million scheme to secure fraudulent paycheck protection and economic injury loans from the U.S. Small Business Administration at the start of the COVID-19 pandemic.

  • February 28, 2025

    NC Man Admits Ploy To Export Military Tech To China

    The owner of a Raleigh, North Carolina-based electronics resale company pled guilty on Friday in federal court to scheming to send American military technology to China without the proper license.

  • February 28, 2025

    Financial Adviser Denied Bond After Admitting $37M Tax Fraud

    A Mississippi federal judge denied bond to a financial adviser who admitted promoting an illegal tax shelter involving royalty deductions that caused a $37 million tax loss, according to court documents.

  • February 28, 2025

    Calif. Man To Admit $1.2M Stan Lee Merch Tax Fraud

    A California man has agreed to plead guilty to filing false tax returns related to $1.2 million in income he made from selling memorabilia signed by late Marvel Comics writer and publisher Stan Lee.

  • February 27, 2025

    SEC Revives Suit Alleging $4.1M Bogus Mutual Fund Scheme

    The U.S. Securities and Exchange Commission on Thursday revived a lawsuit accusing a Lithuanian citizen living in the U.S. of using a series of nonexistent mutual funds to bilk dozens of investors out of roughly $4.1 million.

  • February 27, 2025

    Judge Axes NYC Loan Row, Sanctions Firm For Depositions

    A New York federal judge has dismissed a commercial real estate lender's claims against two guarantors for a 2022 loan it made, ripping the lender and its ex-counsel, Fox Rothschild LLP, for deposition no-shows.

  • February 27, 2025

    Crypto Fugitives Should Pay SEC $46M, Judge Recommends

    A cryptocurrency mining company and its founders, who fled to Brazil after the SEC launched an investigation, should be on the hook for more than $46 million in combined payments to harmed investors, along with interest and penalties, a magistrate judge has recommended.

  • February 27, 2025

    SEC Says Meme Coins Are Not Securities

    The U.S. Securities and Exchange Commission staff declared Thursday that so-called meme coins do not fall under the agency's jurisdiction and that purchasers of the coins should not expect to be protected by federal securities laws.

  • February 27, 2025

    Alsup Halts 'Illegal' Firings Of Probationary Federal Workers

    U.S. District Judge William Alsup on Thursday temporarily blocked the mass firings of probationary federal employees ordered by President Donald Trump's administration, determining that the Office of Personnel Management illegally directed government agencies to terminate the probationary employees without authority to do so from Congress.

  • February 27, 2025

    SEC Ends Coinbase Case As Uyeda Pledges To 'Rectify' Policy

    The U.S. Securities and Exchange Commission confirmed Thursday that it will walk away from its suit against cryptocurrency exchange Coinbase to clear the way for its newly created Crypto Task Force to develop digital asset policy "in a more transparent manner."

  • February 27, 2025

    Family Denies Role In $81M Son-Of-Boss Tax Scheme

    The government failed to prove that former shareholders of a family holding company knew the buyer of their company stock was shorting the IRS nearly $81 million and that they should be on the hook for the taxes, family members told a New York federal court Thursday.

  • February 27, 2025

    Ex-Trump Atty Powell's Mich. Misconduct Hearing Set For May

    The Michigan Attorney Discipline Board on Thursday announced the date for a misconduct hearing for Trump campaign lawyer Sidney Powell and other attorneys who were allegedly involved in a legal challenge to Michigan's 2020 presidential election results and supporting Donald Trump's election fraud theories.

  • February 27, 2025

    Convicted COVID Aid Fraudster Gets 11 Years For $7.6M Plot

    A man convicted of conspiring to bilk about $7.6 million from the U.S. Small Business Administration through COVID-19 relief applications submitted in other people's names has been sentenced to 11 years in prison, New York federal prosecutors said Thursday.

  • February 27, 2025

    NC Woman Admits To Role In $5M Student Loan Fraud

    A North Carolina woman has admitted she conspired to commit wire fraud as part of a more than $5 million theft from the federal student loan aid program, a fraud that the U.S. Department of Justice said she organized with more than 70 "straw students."

  • February 27, 2025

    Wis. Tribe Says It Won't Block, Ticket During Road Dispute

    A Wisconsin tribe embroiled in an ongoing dispute with the town of Lac du Flambeau over four tribal roads says it will not block their entrances or ticket anyone for using them as long as the litigation continues.

  • February 27, 2025

    Lead Testing Co. Director To Admit False Statements

    A former quality assurance director for Magellan Diagnostics will plead guilty to making misleading statements to the government about a malfunction in a device that measures lead levels in blood, according to filings in Massachusetts federal court Thursday.

  • February 27, 2025

    DOJ Says It Will No Longer Defend DEA Admin Judges

    The U.S. Department of Justice told a Rhode Island federal judge Thursday it would no longer defend the federal policy that protects administrative law judges from removal in a lawsuit challenging the Drug Enforcement Administration's internal proceedings.

  • February 27, 2025

    Magnet Co. Execs To Plead Guilty For Emailing Info To China

    Two magnetics manufacturing company executives have agreed to enter a plea of guilty for their role in emailing schematics from U.S. Department of Defense contractors to Chinese companies and will face three years behind bars.

  • February 27, 2025

    Winklevoss Twins Say SEC Crypto Probe Over, Attys Must Go

    The founders of crypto exchange Gemini are calling on the U.S. Securities and Exchange Commission to fire and publicly call out staff members who worked on crypto enforcement cases under the Biden administration as they announced that the agency has dropped its investigation into the company.

Expert Analysis

  • How 2025 NDAA May Affect DOD Procurement Protests

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    A bid protest pilot program included in the 2025 National Defense Authorization Act shifts litigation costs onto unsuccessful bid protesters and raises claim-filing thresholds, which could increase risks to U.S. Department of Defense contractors who file protests, and reduce oversight of DOD procurement awards, say attorneys at Venable.

  • Opinion

    No, Litigation Funders Are Not 'Fleeing' The District Of Del.

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    A recent study claimed that litigation funders have “fled” Delaware federal court due to a standing order requiring disclosure of third-party financing, but responsible funders have no problem litigating in this jurisdiction, and many other factors could explain the decline in filings, say Will Freeman and Sarah Tsou at Omni Bridgeway.

  • The Compliance Trends And Imperatives On Tap In 2025

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    The corporate ethics and compliance landscape is rapidly evolving, posing challenges from conflicting stakeholder expectations to technological disruptions, and businesses will need to explore human-centered, data-driven and evidence-based practices, says Hui Chen at CDE Advisors.

  • 5 E-Discovery Predictions For 2025 And Beyond

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    In the year to come, e-discovery will be shaped by new and emerging trends, from the adoption of artificial intelligence provisions in protective orders, to the proliferation of emojis as a source of evidence in contemporary litigation, say attorneys at Littler.

  • A Deep Dive Into DOJ's Proposed FARA Shake-Up

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    The U.S. Department of Justice's recently published and long-awaited proposed amendments to the Foreign Agents Registration Act's implementing regulations, if adopted, would mark dramatic changes to the commercial exemption and new requirements for labeling informational materials, says Tessa Capeloto at Wiley.

  • What's Ahead As Transparency Act Comes To A Crossroads

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    Synthesizing the contrasting federal district and appellate court rulings on the Corporate Transparency Act’s validity reveals several main areas of debate that will likely remain at issue as challenges to the law continue winding through the courts, say attorneys at Farella Braun.

  • Republican Trifecta Amplifies Risks For Cos. In 3 Key Areas

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    Expected coordination between a Republican Congress and presidential administration may expose companies to simultaneous criminal, civil and congressional investigations, particularly with regard to supply chain risks in certain industries, government contracting and cross-border investment, say attorneys at Morgan Lewis.

  • Series

    Ohio Banking Brief: All The Notable Legal Updates In Q4

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    Ohio's banking and financial services sector saw several significant developments in the fourth quarter of 2024, including a landmark Uniform Commercial Code ruling, adjustments to the state's Homebuyer Plus Program and the launch of the state's first women-led bank, says attorney Alex Durst.

  • Defense Strategies For Addressing Conspiracy-Minded Jurors

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    As conspiracy theories continue to proliferate and gain traction in the U.S., defense attorneys will need to consider ways to keep conspiracy-minded jurors from sitting on the jury, and to persuade them when this isn’t possible, say consultants at IMS Legal Strategies.

  • 7 Ways 2nd Trump Administration May Affect Partner Hiring

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    President-elect Donald Trump's return to the White House will likely have a number of downstream effects on partner hiring in the legal industry, from accelerated hiring timelines to increased vetting of prospective employees, say recruiters at Macrae.

  • How Trump 2.0 May Change Business In Latin America

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    Companies in Latin America should expect to face more trade restrictions, tighter economic sanctions and enhanced corruption risks, as the incoming administration shifts focus to certain non-U.S. actors, most notably China, says Matteson Ellis at Miller & Chevalier.

  • E-Discovery Quarterly: Rulings On Custodian Selection

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    Several recent rulings make clear that the proportionality of additional proposed custodians will depend on whether the custodians have unique relevant documents, and producing parties should consider whether information already in the record will show that they have relevant documents that otherwise might not be produced, say attorneys at Sidley.

  • A Look At PCAOB's Record-Breaking Enforcement In 2024

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    The Public Company Accounting Oversight Board in 2024 brought more enforcement actions against auditors and imposed increasingly higher monetary penalties, showing that it was not afraid to exercise its power to fine and reprimand firms, a trend that will likely continue in 2025, say attorneys at Briglia Hundley.

  • The OIG Report: Preparing For Oversight In 2025

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    Across sectors, Office of Inspector General work plans and challenge reports for 2025 provide a trove of information on the issues and industries that will likely be the focus of government oversight in the year to come, says Diana Shaw at Wiley.

  • What To Expect In Higher Ed Enforcement Under Trump

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    Colleges and universities should prepare for shifting priorities, as President-elect Donald Trump is likely to focus less on antitrust cases and more on foreign relations policy, while congressional oversight of higher education continues to increase, say attorneys at Steptoe.

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