White Collar

  • February 13, 2025

    2 Men Cop To Crypto Mining Fraud Conspiracy, Forfeit $400M

    A pair of Estonians have pled guilty to wire fraud conspiracy and agreed to forfeit assets worth $400 million in connection with Washington state federal prosecutors' claims that they ran a $577 million cryptocurrency Ponzi scheme, the government said Thursday.

  • February 13, 2025

    SEC Nets $38M In Judgments Over Cannabis Fraud Claims

    A purported marijuana cultivation company and associated entities are on the hook for judgments worth nearly $38 million to settle U.S. Securities and Exchange Commission claims over an alleged Ponzi-like scheme soliciting would-be investors in "nonexistent" grow facilities.

  • February 13, 2025

    Eric Adams Donor Accused Of Stealing COVID Housing Funds

    A New York City hotel owner with ties to Mayor Eric Adams was among three individuals accused of scheming to steal tens of millions of dollars from a program intended to get certain incarcerated individuals out of detention centers during the COVID-19 pandemic, according to an indictment unsealed Thursday.

  • February 13, 2025

    Fake Hedge Funder Pleads Out To $5M AI Trading Scam

    The head of Tadrus Capital on Thursday admitted lying to investors who collectively spent more than $5 million investing in his supposedly artificial intelligence-powered hedge fund, which he claimed would pay out guaranteed double-digit returns.

  • February 13, 2025

    Exec Cops To Conspiring To Overbill Gov't In Station Project

    A former executive for a masonry contractor involved in the multimillion-dollar restoration of Philadelphia's historic 30th Street Station has admitted to a scheme that involved bribing an Amtrak employee to overcharge the federal government $2 million for the project, the U.S. Attorney's Office in Philadelphia said Thursday.

  • February 13, 2025

    Madigan Verdict Caps Stunning Fall For Powerful Chicago Pol

    Former Illinois House Speaker Michael Madigan's conviction Wednesday on bribery and wire fraud charges marked a stunning fall from grace for a man who was the longest-serving legislative leader in the country and who wielded considerable influence in the state and the city of Chicago for decades.

  • February 13, 2025

    Judge In SEC Case Asks If Fugitive Trader Really Died

    A Connecticut federal judge on Thursday directed the receiver managing the distribution of clawed-back funds diverted in a fraud by fugitive trader Iftikar Ahmed to look into claims that Ahmed has died and report to the court on their veracity.

  • February 13, 2025

    Wash. Justices Say Cops At Jan. 6 Riot Can't Stay Incognito

    The Washington State Supreme Court on Thursday said four Seattle police officers who attended the Jan. 6 "Stop the Steal" mayhem in D.C. can't litigate their privacy claims under John Doe pseudonyms as the justices rejected their claim that their identities should be shielded under the state's public records law.

  • February 13, 2025

    Boeing, DOJ Want More Time To Rework 737 Max Plea Deal

    The U.S. Department of Justice and The Boeing Co. told a Texas federal judge on Thursday that they need another month to rework a plea agreement in the American aerospace giant's 737 Max criminal conspiracy case, saying new senior DOJ officials are still being briefed on a potential new deal.

  • February 13, 2025

    Mental Health Group Says Ga. Analyst Lied About Work

    Cheerful Therapy LLC filed suit against Georgia-based Anelyst Accounting LLC and Nicholas Hawkins in federal court, alleging they solicited it to pay for the creation of a mental health group practice with the intent of secretly transferring the group to a new limited liability company in which Cheerful had no rights or interest.

  • February 13, 2025

    SafeMoon CEO's Trial Not Delayed By Crypto Policy Shifts

    A Brooklyn federal judge has declined to delay the late March start to a trial for the CEO of bankrupt cryptocurrency asset company SafeMoon LLC despite the executive's arguments that recent crypto policy shifts could cut the securities fraud charge from the counts against him.

  • February 13, 2025

    Oil & Gas Co.'s Antitrust Suit Baseless, Insurers Say

    Insurers who hold surety bonds in an oil company and have been accused of colluding with other bondholders to demand additional collateral have urged a Texas federal court to dismiss the antitrust allegations against them, saying the dispute is contractual only.

  • February 13, 2025

    Tax Fraud Suspect Fights Detention Over New Charges

    A man accused of operating an abusive tax shelter whose bond was revoked after a federal judge said he may have committed additional crimes while awaiting trial asked a Colorado federal court Thursday to reconsider detaining him, saying the government had long been investigating those additional allegations.

  • February 13, 2025

    Menendez Files Notice Of Appeal Of Corruption Convictions

    Former U.S. Sen. Robert Menendez filed a notice of appeal Thursday at the Second Circuit, formalizing his earlier pledge to challenge his convictions on bribery and corruption charges.

  • February 13, 2025

    2nd Circ. Trims Ex-NY County Official's Corruption Verdict

    The Second Circuit on Thursday undid part of the bribery conviction of a former Long Island county official accused of accepting kickbacks in return for helping a restaurateur secure a loan, saying his role as Nassau County executive did not make him an "agent" of a local municipality.

  • February 13, 2025

    9th Circ. Upholds DEA Denial Of Psilocybin Petition

    The Ninth Circuit on Thursday affirmed the U.S. Drug Enforcement Administration's rejection of a Seattle physician's request to treat terminally ill patients with psilocybin.

  • February 13, 2025

    Willkie Expands Litigation Bench With Mayer Brown Trio

    Willkie Farr & Gallagher LLP has brought on three former Mayer Brown LLP partners in California and Washington, D.C., including two former federal prosecutors, and named one of the new partners as chair of its Foreign Corrupt Practices Act group, the firm announced Thursday.

  • February 13, 2025

    Feds Seek 10 Years For Man Who 'Sucker-Punched' His Atty

    Federal prosecutors want a man already serving a life sentence to get another 10 years added to his time in prison after he "sucker-punched" his defense attorney, arguing he was trying to delay his trial and needs to be seen as a deterrent to other defendants.

  • February 13, 2025

    Sidley Adds White & Case Litigators In Chicago

    Sidley Austin LLP has grown its litigation offerings in Chicago with the addition of two former White & Case LLP partners, one of whom served as the leader of that firm's Windy City office.

  • February 13, 2025

    NYC Man Pleads Guilty To $62.8M Crowdfunded CRE Scheme

    A New York City man who raised $62.8 million through commercial real estate platform CrowdStreet for sham developments in Atlanta, Georgia, and Miami Beach, Florida, has pled guilty to a federal wire fraud charge.

  • February 13, 2025

    DOJ Fraud Atty Rejoins Akin As Agency Exits Mount

    Akin Gump Strauss Hauer & Feld LLP has rehired a departing member of the U.S. Department of Justice's fraud section, which has seen significant exits following the reelection of President Donald Trump.

  • February 13, 2025

    SDNY US Atty Resigns, Alleging Trump-Adams 'Quid Pro Quo'

    Danielle R. Sassoon, the interim U.S. attorney for the Southern District of New York, resigned Thursday after she refused an order by U.S. Department of Justice officials to drop the federal corruption charges against New York City Mayor Eric Adams and expressed concern the move was part of an improper quid pro quo with President Donald Trump.

  • February 13, 2025

    Ex-Angels Staffer Says Attys Botched Skaggs Overdose Case

    A former Los Angeles Angels press officer asked a Texas federal judge to undo the 22-year prison sentence he's currently serving after being convicted of giving pitcher Tyler Skaggs fentanyl-laced pills that caused his fatal overdose in 2019.

  • February 13, 2025

    Goldstein Freed As Judge Doubts Feds' Crypto Claims

    A Maryland federal magistrate judge on Thursday ordered Tom Goldstein released from jail after expressing skepticism toward federal prosecutors' claims that the SCOTUSblog publisher and U.S. Supreme Court advocate secretly made millions of dollars' worth of cryptocurrency transactions in recent days.

  • February 13, 2025

    Kash Patel's FBI Director Nomination Goes To Full Senate

    The Senate Judiciary Committee voted 12-10, along party lines, Thursday to send Kash Patel's nomination to be FBI director to the full Senate.

Expert Analysis

  • Series

    Collecting Art Makes Me A Better Lawyer

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    The therapeutic aspects of appreciating and collecting art improve my legal practice by enhancing my observation skills, empathy, creativity and cultural awareness, says attorney Michael McCready.

  • Aviation Watch: Boeing Plea Agreement May Not Serve Public

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    The proposed plea agreement between the U.S. Department of Justice and Boeing — the latest outgrowth of the company's 737 Max travails — is opposed by crash victims' families, faces an uncertain fate in court, and may ultimately serve no beneficial purpose, even if approved, says Alan Hoffman, a retired attorney and aviation expert.

  • Using Primacy And Recency Effects In Opening Statements

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    By understanding and strategically employing the primacy and recency effects in opening statements, attorneys can significantly enhance their persuasive impact, ensuring that their narrative is both compelling and memorable from the outset, says Bill Kanasky at Courtroom Sciences.

  • Takeaways From TOTSA Settlement And Critical CFTC Dissent

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    The U.S. Commodity Futures Trading Commission's recent settlement with TOTSA highlights the agency's commitment to enforcing market integrity and deterring manipulative practices, while Commissioner Caroline Pham's dissent to the settlement spotlights the need for transparency and consistency in enforcement actions, say attorneys at Davis Wright.

  • Litigation Inspiration: Honoring Your Learned Profession

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    About 30,000 people who took the bar exam in July will learn they passed this fall, marking a fitting time for all attorneys to remember that they are members in a specialty club of learned professionals — and the more they can keep this in mind, the more benefits they will see, says Bennett Rawicki at Hilgers Graben.

  • Opinion

    AI May Limit Key Learning Opportunities For Young Attorneys

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    The thing that’s so powerful about artificial intelligence is also what’s most scary about it — its ability to detect patterns may curtail young attorneys’ chance to practice the lower-level work of managing cases, preventing them from ever honing the pattern recognition skills that undergird creative lawyering, says Sarah Murray at Trialcraft.

  • Key Takeaways From DOJ's New Corp. Compliance Guidance

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    The U.S. Department of Justice’s updated guidance to federal prosecutors on evaluating corporate compliance programs addresses how entities manage new technology-related risks and expands on preexisting policies, providing key insights for companies about increasing regulatory expectations, say attorneys at Debevoise.

  • The Key Changes In Revised FDIC Hiring Regulations

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    Attorneys at Ogletree break down the Federal Deposit Insurance Corp.'s new rule, effective Oct. 1, that will ease restrictions on financial institutions hiring employees with criminal histories, amend the FDIC's treatment of minor offenses and clarify its stance on expunged or dismissed criminal records.

  • 6 Tips For Trying Cases Away From Home

    Excerpt from Practical Guidance
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    A truly national litigation practice, by definition, often requires trying cases in jurisdictions across the country, which presents unique challenges that require methodical preparation and coordination both within the trial team and externally, say Edward Bennett and Suzanne Salgado at Williams & Connolly.

  • Kubient Case Shows SEC's Willingness To Charge Directors

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    The U.S. Securities and Exchange Commission's recent fraud charges against Kubient's former CEO, chief financial officer and audit committee chair signal a willingness to be more aggressive against officers and directors, underscoring the need for companies to ensure that they have appropriate channels to gather, investigate and document employee concerns, say attorneys at Jenner & Block.

  • $200M RTX Deal Underscores Need For M&A Due Diligence

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    RTX's settlement with regulators for violating defense export regulations offers valuable compliance lessons, showcasing the perils of insufficient due diligence during mergers and acquisitions transactions along with the need to ensure remediation measures are fully implemented following noncompliance, say Thad McBride and Faith Dibble at Bass Berry.

  • A Blueprint For Structuring An Effective Plaintiff Case Story

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    The number and size of nuclear verdicts continue to rise, in part because plaintiffs attorneys have become more adept at crafting compelling trial stories — and an analysis of these success stories reveals a 10-part framework for structuring an effective case narrative, says Jonathan Ross at Decision Analysis.

  • Series

    Round-Canopy Parachuting Makes Me A Better Lawyer

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    Similar to the practice of law, jumping from an in-flight airplane with nothing but training and a few yards of parachute silk is a demanding and stressful endeavor, and the experience has bolstered my legal practice by enhancing my focus, teamwork skills and sense of perspective, says Thomas Salerno at Stinson.

  • 7 Takeaways For Companies After Justices' Bribery Ruling

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    The U.S. Supreme Court’s Snyder v. U.S. decision this summer, holding that a federal law does not criminalize after-the-fact gratuities made to public officials, raises some key considerations for companies that engage with state, local and tribal governments, say attorneys at BakerHostetler.

  • Why Now Is The Time For Law Firms To Hire Lateral Partners

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    Partner and associate mobility data from the second quarter of this year suggest that there's never been a better time in recent years for law firms to hire lateral candidates, particularly experienced partners — though this necessitates an understanding of potential red flags, say Julie Henson and Greg Hamman at Decipher Investigative Intelligence.

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