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White Collar
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February 25, 2025
FBI Came For Abramoff Asking About Russian Spy-Linked Pal
Disgraced lobbyist and government witness Jack Abramoff told jurors Tuesday during his cross-examination at the fraud trial of a cryptocurrency company founder he worked for that the FBI initially approached him in 2018 with questions about his connection to a conservative operative once linked to a Russian agent.
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February 25, 2025
High Court Mulls Bounds Of Supervised Release Sentencing
Lower court judges have strayed from what Congress says are the only factors that may be considered when sentencing offenders for violating their supervised release, the Supreme Court heard Tuesday, as the justices address a circuit split regarding the purposes of such sentences.
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February 25, 2025
Wage-Fixing Jury Should Hear Of DOJ Pivot, Exec Says
A nursing executive headed for trial next month on wage-fixing charges has urged a Nevada federal judge to let the jury hear that before 2016 the Justice Department didn't view such conduct as criminal, in the lone remaining test of the DOJ's labor antitrust enforcement initiative.
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February 25, 2025
Trump Targets Covington Attys For Repping Special Counsel
President Donald Trump on Tuesday ordered the immediate suspension of security clearances held by Covington & Burling LLP attorneys who represent former special counsel Jack Smith, with the president citing the attorneys' supposed roles in the "weaponization of the judicial process."
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February 25, 2025
Binance Can't Evade Terror Victims' Suit, But It's Trimmed
The New York federal judge overseeing Hamas attack survivors' claims against Binance and its former CEO said on Tuesday that the defendants can't dodge the suit claiming they aided terrorist groups on a jurisdictional basis, but said some of the plaintiffs are not closely related enough to the victims to bring claims under the Anti-Terrorism Act.
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February 25, 2025
Karen Read Attys Say Expert Bill Came 'Out Of The Blue'
Lawyers for Karen Read, the Massachusetts woman accused of running down her Boston police officer boyfriend three years ago, pushed back Tuesday on accusations by the prosecution that they intentionally misled a jury about their connection to two expert witnesses.
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February 25, 2025
Ala. Man Gets 5 Years For Sending Goods To Tehran
A federal court sentenced an Alabama man to five years in prison for sending United States goods to Tehran in violation of the International Emergency Economic Powers Act, the U.S. Department of Justice announced Tuesday.
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February 25, 2025
Jay-Z's Claims Against Buzbee May Get Trimmed, Judge Says
A California state judge said Tuesday that he's inclined to toss Shawn "Jay-Z" Carter's extortion claims against personal injury lawyer Tony Buzbee and some, but not all, of the rapper's defamation allegations stemming from a now-abandoned rape lawsuit.
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February 25, 2025
How To Track Trump's Legal Battles
President Donald Trump has issued a historic number of executive orders and other actions during his first five weeks back in the White House, eliciting more than 80 legal challenges and setting the stage for major courtroom battles over birthright citizenship, presidential power, the federal government's structure and more. Law360 has created a database to keep track of them all.
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February 25, 2025
Lab Owner Pleads Guilty In $36M COVID Tests Scheme
A laboratory owner pled guilty Tuesday to running a $36 million scheme to submit false COVID-19 testing claims to healthcare benefit programs just one week before his co-defendants are set to go to trial.
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February 25, 2025
Judge Says Brazilian Justice's Orders Not Properly Served
A Florida federal judge on Tuesday denied a request by President Donald Trump's media company and online video sharing platform Rumble Inc. for a temporary restraining order blocking a Brazilian Supreme Federal Court justice's gag orders, ruling that the companies are not obligated to comply with the Brazilian justice's directives because they were not properly served.
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February 25, 2025
Insurer Says No Coverage For Atty In $1.4M Bank Scam Suit
An insurer urged a Connecticut federal court to find that it has no duty to defend or indemnify an attorney accused of participating in a scheme to steal $1.4 million from a New Jersey-based development company, saying the underlying allegations don't trigger the attorney's homeowners policy.
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February 25, 2025
SEC Is Asked For Background On Fugitive Trader's Death Docs
A Connecticut federal judge has asked the Securities and Exchange Commission for more information about its investigation into what appears to be a forged death certificate for a fugitive trader who fled to India nearly a decade ago.
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February 25, 2025
'Colossal Neglect' Sinks Walter Reed Fraud Case, Judge Rules
A Maryland federal judge threw out criminal charges against the alleged mastermind of a more than $3 million healthcare fraud scheme targeting Walter Reed National Medical Center with a Tuesday ruling that ripped prosecutors for "colossal neglect" and "extraordinary, chronic and indefensible" delays in the case.
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February 25, 2025
Tampa Bay Rays To Return $200K In Alleged Ponzi Proceeds
A Georgia federal judge on Tuesday approved a settlement in which the Tampa Bay Rays have agreed to relinquish $200,000 the baseball team received for marketing services as part of an alleged Ponzi scheme.
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February 25, 2025
Ga. County Collected Too Late On Theft Claim, Panel Says
The Georgia Court of Appeals has stripped a state county of a nearly $350,000 judgment it won from insurer Old Republic Surety Co. to cover a court employee's theft of hundreds of thousands of dollars from the public coffers, ruling the county filed its claim well after the statute of limitations had run.
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February 25, 2025
High Court Split Over Civil Rights Jury Trials For Prisoners
The U.S. Supreme Court appeared evenly divided Tuesday over whether the Seventh Amendment guarantees prisoners the right to a jury trial when disputed facts regarding exhaustion of remedies are intertwined with their underlying claims, including allegations of sexual misconduct and retaliation.
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February 25, 2025
Family Of Wife Killed By Ex-BigLaw Atty Still Fighting For Funds
The cousins of the woman killed by her former BigLaw partner husband urged a Georgia state court to reject a bid to deprive them of the settlement proceeds from the underlying wrongful death suit, saying the court shouldn't rely on the ex-lawyer's assertions that she wanted the funds to go to her godson.
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February 25, 2025
Former Texas US Atty Joins Winston & Strawn In Dallas
Winston & Strawn LLP announced Tuesday that former Eastern District of Texas U.S. Attorney Damien Diggs has joined the firm as a Dallas-based litigation partner, bringing unique experience to its government investigations, enforcement and compliance practice.
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February 25, 2025
Ex-Allianz Exec Avoids Prison As Massive Fraud Case Wraps
A Manhattan federal judge on Tuesday allowed a former fund executive from New Jersey to avoid prison for lying to clients of Allianz's U.S. unit, citing his cooperation as the government investigated a fraud that cost the German finance giant $6 billion.
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February 25, 2025
Duane Morris Adds Former Federal Prosecutors In NY, Calif.
Duane Morris LLP has expanded its trial practice group with a pair of former federal prosecutors coming aboard in San Francisco and New York.
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February 25, 2025
High Court Orders New Trial In Okla. Death Row Case
The U.S. Supreme Court on Tuesday ordered a new trial for an Oklahoma inmate whose conviction and death sentence for a 1997 murder, the state confesses, was the product of prosecutors withholding evidence and knowingly presenting false testimony.
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February 24, 2025
Lobbyist Abramoff Testifies At Fraud Trial Against Crypto CEO
Disgraced Washington, D.C., power broker Jack Abramoff told jurors on Monday that he participated in a conspiracy with the founder of an "anti-money laundering" cryptocurrency company accused of bilking investors out of $5 million, testifying remotely due to a recent cancer diagnosis.
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February 24, 2025
US Was Behind Privatbank Nationalization, Suit Alleges
Two Miami-based associates of the former owners of Ukraine's largest bank have sued the U.S. State Department in Florida, saying officials are wrongly refusing to release records showing that the U.S. — not an alleged $5 billion money laundering scheme — was behind the bank's nationalization in late 2016.
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February 24, 2025
Okla. Attorneys Say Tribes Can't Intervene In Jurisdiction Row
Two Oklahoma district attorneys are fighting bids by the Cherokee, Chickasaw and Choctaw nations to intervene in the federal government's challenges to the DAs' attempts to prosecute tribal citizens for crimes committed in Indian Country, saying the tribes are adequately represented by the United States.
Expert Analysis
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Series
Exercising On My Peloton Bike Makes Me A Better Lawyer
While I originally came to the Peloton bike for exercise, one cycling instructor’s teachings have come to serve as a road map for practicing law thoughtfully and mindfully, which has opened opportunities for growth and change in my career, says Andrea Kirshenbaum at Littler.
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Takeaways From SEC's Mixed Results In '24 Crypto Litigation
Though the U.S. Securities and Exchange Commission's new leadership seems likely to create a more favorable cryptocurrency regulatory environment, it must also confront the consequences of, and lingering questions raised by, the SEC's 2024 policy of investigating and charging cryptocurrency trading platforms for operating unregistered exchanges, say attorneys at Dechert.
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Opinion
Aviation Watch: How Court Nixed Boeing Plea Deal Over DEI
A Texas federal court's rejection of the plea agreement between the U.S. Department of Justice and Boeing over the 737 Max aircraft gratuitously injected the court's views on diversity, equity and inclusion into a case that shouldn't have been a criminal matter in the first place, says Alan Hoffman, a retired attorney and aviation expert.
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Series
In The CFPB Playbook: A Sprint To The Finish Line
The fourth quarter of 2024 was an impressive demonstration of the Consumer Financial Protection Bureau's ability to regulate, enforce and supervise, even on borrowed time following the election results, and we should expect the current bureau to run nonstop until Jan. 20, say attorneys at Covington.
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What FARA Enforcement In 2024 Reveals For The Year Ahead
A number of developments, from indictments to legislation, shaped the Foreign Agents Registration Act enforcement landscape last year, and following the U.S. Department of Justice's recently released long-awaited proposed amendments to the law, 2025 shows no signs of slowing down, says Tessa Capeloto at Wiley.
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How New Fraud Enforcement Tool Affects Gov't Contractors
Government contractors will likely face greater scrutiny under the recently enacted Administrative False Claims Act, which broadens federal agencies' authority to pursue low-dollar fraud claims, but contractors may also find the act makes settlement of such claims easier to negotiate, say attorneys at Wiley.
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Exploring Venue Strategy For Trump-Era Regulatory Litigation
Litigation will likely play a prominent role in shaping policy outcomes during the second Trump administration, and stakeholders have several tools at their disposal to steer regulatory litigation toward more favorable venues, say attorneys at Covington.
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Consultants Should Be Aware Of DOJ's Potential New Reach
The U.S. Department of Justice's recent first-of-its-kind settlement with McKinsey & Co. indicates not only the DOJ's more aggressive stance toward businesses' potential criminal wrongdoings, but also the benefits of self-disclosure and cooperation when wrongdoing becomes apparent, says Dom Caamano at Kibler Fowler.
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New Year, New Risks: 8 Top Cyber Issues For Finance In 2025
As financial institutions forge ahead in 2025, they must strike a delicate balance between embracing technological innovation and guarding against its darker threats, which this year could include everything from supply chain vulnerabilities to deepfakes, say attorneys at Baker Donelson.
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Series
Playing Esports Makes Me A Better Lawyer
Competing in a global esports tournament at Wimbledon last year not only fulfilled my childhood dream, but also sharpened skills that are essential to my day job, including strategic thinking, confidence and networking, says AJ Schuyler at Jackson Lewis.
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Lessons From The SEC's 2024 Crackdown On AI Washing
AI washing was the subject of increased scrutiny from the U.S. Securities and Exchange Commission in 2024 following a surge in the commercial adoption of generative artificial intelligence technologies in 2023, highlighting the importance of transparency, accuracy and accountability when communicating about AI, say attorneys at Perkins Coie.
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Identifying Deepfakes During Evidence Collection, Discovery
Excerpt from Practical Guidance
Attorneys must familiarize themselves with the tools used to create and detect deepfakes — media manipulated by artificial intelligence to convincingly mimic real people and events — as well as best practices for keeping this fabricated evidence out of court, says Bijan Ghom at Saxton & Stump.
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An Associate's Guide To Career Development In 2025
As the new year begins, associates at all levels should consider establishing career metrics, fostering key relationships and employing other specific strategies to help move through the complexities of the legal profession with confidence and emerge as trailblazers, say EJ Stern and Amanda George at Fractional Law Firm.
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The Securities Litigation Trends That Will Matter Most In 2025
2025 is shaping up to be a significant year for securities litigation, as plaintiffs and defendants alike navigate shifting standards for omission theories of liability, class certification, risk disclosure claims and more, say attorneys at Willkie.
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How White Collar Enforcement May Shift In Trump's 2nd Term
After President-elect Donald Trump returns to the White House next month, the administration’s emphasis on immigration laws, drug offenses and violent crime will likely reduce the focus on white collar crime overall, but certain areas within the white collar world may see increased activity, say attorneys at Keker Van Nest.