White Collar

  • February 11, 2024

    Rise In Billing For Catheters May Signal $2B Medicare Fraud

    Seven companies may have fraudulently billed Medicare by as much as $2 billion over two years for medical supplies that were never requested or received, according to an analysis by a Washington, D.C.-based group representing healthcare providers.

  • February 09, 2024

    No More Shady Trading For Ex-FBI Trainee After BigLaw Theft

    The former FBI trainee who secretly traded nonpublic information that he stole from his BigLaw associate ex-girlfriend has agreed to a civil judgment against him permanently barring him from violating securities laws, a judgment entered just months after he pled guilty to insider trading.

  • February 09, 2024

    Trump Co-Defendant Says DA Lied About Romance Timeline

    Former President Donald Trump's co-defendant in the Georgia election interference case who first accused Fulton County District Attorney Fani T. Willis of having a romantic relationship with the special prosecutor she hired to lead the case on Friday accused her of lying about when the now-confirmed romance began.

  • February 09, 2024

    SafeMoon CEO Finally Gets Bail In $300M Crypto Fraud Case

    A New York federal judge on Friday agreed to let the CEO of bankrupt cryptocurrency asset company SafeMoon out on bail, after a monthslong, multijurisdictional tug of war over fears he would flee rather than face trial over accusations that he bilked investors out of $300 million.

  • February 09, 2024

    'Emergency' Judge Tapped In Ex-Hawaii DA Bribery Case

    An "emergency" magistrate judge has been appointed in the corruption case against former Hawaii prosecutor Keith Kaneshiro and five others set for trial next month after other magistrates recused themselves, according to court papers.

  • February 09, 2024

    DEA Wrong To Block Psilocybin Therapy, 9th Circ. Told

    The Drug Enforcement Administration was wrong to deny a Seattle-based physician's request to treat terminally ill patients with psilocybin, the active ingredient in psychedelic mushrooms, under right-to-try laws, the Ninth Circuit was told recently.

  • February 09, 2024

    Kwok Trustee's Clawback Blitz Targets Fox, Steve Bannon

    The Chapter 11 trustee overseeing Chinese exile Ho Wan Kwok's bankruptcy on Friday filed about two dozen clawback actions against several entities seeking avoidance and recovery of allegedly fraudulent prepetition and post-petition transfers, with high profile targets that include Fox News and Steve Bannon's Bannon Strategic Advisors.

  • February 09, 2024

    1st Circ. Wipes Out German's $3M Penalty In SEC Fraud Case

    The First Circuit on Friday ruled that a German citizen does not have to pay back $3.3 million in allegedly laundered funds sought by the U.S. Securities and Exchange Commission, reversing a lower court's order and finding that American courts have no basis for sanctioning the foreign national.

  • February 09, 2024

    Former Pharma Exec Faces Criminal Contempt For Fake Name

    A former leader of now-defunct BioChemics Inc. who admitted to using a false name for six years while allegedly flouting an order not to work in any aspect of the securities field is facing a criminal contempt charge and possible jail time, a Massachusetts federal judge said Friday.

  • February 09, 2024

    NY AG Wins $77M Judgment For Predatory Lending Suit

    New York Attorney General Letitia James has secured a $77 million judgment against three merchant cash advance companies and their principals accused of harming small businesses through high-interest loans and undisclosed fees.

  • February 09, 2024

    Russian Mobster Gets 10 Years For Luxury Car Biz Drug Ring

    A man who pled guilty last summer to running an Atlanta-based luxury car leasing business that doubled as a sprawling money laundering ring for drug traffickers has been sentenced to 10 years in prison following his extradition to the U.S. from Ukraine, the U.S. Department of Justice said Friday.

  • February 09, 2024

    Ex-Ill. Senator Detained Pending Trial After Ignoring Feds

    Former Illinois Sen. William "Sam" McCann was ordered into federal custody on Friday for failing to contact probation officers following his discharge from a hospital, where he underwent a procedure the same day he was scheduled to go to trial on campaign fund misuse charges.

  • February 09, 2024

    Jordan Calls For Investigation Into DOJ's Deal With IRS Leaker

    House Judiciary Committee Chairman Jim Jordan is investigating whether federal prosecutors were politically motivated to allow the former IRS contractor who leaked former President Donald Trump's tax returns to plead guilty to a single count of illegal disclosure, calling the arrangement "a sweetheart deal."

  • February 09, 2024

    SF Atty Faces Misconduct Charges Over $1.33M In Trust Fees

    A San Francisco attorney is facing disciplinary charges for allegedly overcharging a trust account client who struggled with mental health and other personal issues, the State Bar of California's Office of Chief Trial Counsel announced Friday.

  • February 09, 2024

    NJ Courts Reject Liability In Ex-Judge's Harassment Suit

    The New Jersey Administrative Office of the Courts asked a state court to remove it as a defendant from a municipal court administrator's sexual harassment suit against a former municipal judge, saying the parties were not employees of the AOC.

  • February 09, 2024

    SEC To Collect $81M In Fines In Latest Texting Probe Cases

    The U.S. Securities and Exchange Commission announced Friday that it has secured agreements to pay more than $81 million in fines from 16 firms over their employees' use of personal messaging apps to do business, though the agency added that one set of firms ended up paying much less for having self-reported the violations.

  • February 09, 2024

    NY Panel Rejects NYCLU Demand For Memos To State Judges

    A New York state appellate court said the state's court system is not bound to comply with a request by the New York Civil Liberties Union to disclose internal documents interpreting federal and state law that were sent to judges over the course of more than a decade.

  • February 09, 2024

    Feds Seek Over 5 Years For NYC Atty In $18.8M Ponzi Scheme

    Federal prosecutors are seeking 5¼ to 6½ years in prison for a New York City attorney who admitted to running an $18.8 million Ponzi scheme that defrauded real estate investors, in addition to separately laundering funds from an expansive insurance fraud scheme.

  • February 09, 2024

    Off The Bench: NCAA NIL Rule Lives; Dartmouth Players Win

    In this week's Off The Bench, a Tennessee judge sends mixed signals to the NCAA in the fight over its NIL recruiting ban, Dartmouth's basketball players tally a win for college athletes' unionization efforts, and DraftKings tries to stop rival Fanatics from benefiting from a former executive who switched sides. If you were on the sidelines over the past week, Law360 is here to clue you in on the biggest sports and betting stories that had our readers talking.

  • February 09, 2024

    CORRECTED: 11th Circ. Says Guilty Plea Sinks Appeal In Investment Fraud Case

    The Eleventh Circuit declined to take up the appeal of a man who pled guilty to wire fraud after being accused of stealing investment funds from a wealthy widow, ruling that his plea was unconditional. Correction: A previous version of this story misidentified the defendant and had an incorrect case number and counsel information. The errors have been corrected.

  • February 08, 2024

    Krieger Kim & Lewin Reshuffle As Name Partner Rejoins SDNY

    Krieger Kim & Lewin LLP is changing its name and taking on a new partner as one of the former federal prosecutors who founded the boutique rejoins the U.S. Attorney's Office in the Southern District of New York, the firm announced Friday.  

  • February 08, 2024

    High Court Ruling Solidifies SOX Whistleblower Protections

    The U.S. Supreme Court's unanimous decision Thursday in favor of a UBS whistleblower has solidified whistleblower protections across a wide range of industries, with one attorney saying the ruling has made the Sarbanes-Oxley Act the most pro-employee labor law in the country.

  • February 08, 2024

    Dechert Pushes To Deep-Six Hacking Cover-Up Suit

    Dechert LLP, its former white collar practice leader and others on Thursday urged a New York federal judge to find that alleged concealment of a hacking campaign to discredit a critic of a firm client isn't enough to support a civil Racketeer Influenced and Corrupt Organizations Act case.

  • February 08, 2024

    DOJ Won't Prosecute Biden For Keeping Classified Docs

    President Joe Biden "willfully retained" documents related to foreign policy in Afghanistan and other classified materials following his vice presidency, but there is not enough evidence to pursue criminal charges against him, according to a lengthy U.S. Department of Justice report released Thursday.

  • February 08, 2024

    Ex-Trump Aide Peter Navarro Can't Stay Free During Appeal

    A District of Columbia federal judge on Thursday refused to allow former White House adviser Peter Navarro to remain outside of prison while he appeals his sentence for refusing to comply with congressional subpoenas, rejecting Navarro's argument that his appeal raises a "substantial question of law" warranting his release.

Expert Analysis

  • The 4 Top Philadelphia Commerce Court Opinions Of 2023

    Author Photo

    Four 2023 rulings from the Philadelphia County Court of Common Pleas — including decisions on judicial privilege, stay requests, sheriff's sales and the appointment of a receiver — highlight the court's commitment to stringent standards and address evolving challenges in commercial litigation, say Jonathan Hugg and Sarah Boutros at Eckert Seamans.

  • A Former Bankruptcy Judge Talks 2023 High Court Rulings

    Author Photo

    In 2023, the U.S. Supreme Court issued four bankruptcy law opinions — an extraordinary number — and a close look at these cases signals that changes to the U.S. Bankruptcy Code will have to come from Congress, not the courts, says Phillip Shefferly at the University of Michigan Law School.

  • 3 Defense Takeaways From The Bankman-Fried Trial

    Author Photo

    FTX founder and former CEO Sam Bankman-Fried’s recent fraud conviction offers several key lessons for future white collar defendants, from the changing nature of cross-examination to the continued risks of taking the stand, say Jonathan Porter and Gregg Sofer at Husch Blackwell.

  • Series

    Children's Book Writing Makes Me A Better Lawyer

    Author Photo

    Becoming a children's book author has opened doors to incredible new experiences of which I barely dared to dream, but the process has also changed my life by serving as a reminder that strong writing, networking and public speaking skills are hugely beneficial to a legal career, says Shaunna Bailey at Sheppard Mullin.

  • Opinion

    What Happens If High Court Rejects Releases In Purdue Ch. 11

    Author Photo

    Reading the tea leaves following the U.S. Supreme Court's recent arguments in Harrington v. Purdue Pharma, it appears likely that the justices will decide that bankruptcy courts lack the power to release third-party claims against nondebtors, which would result in one of three scenarios, says Gregory Germain at Syracuse University.

  • Lessons From DOJ's Wave Of Labor Market Prosecutions

    Author Photo

    Attorneys at Patterson Belknap consider lessons learned and future meaningful challenges following the U.S. Department of Justice's first six criminal antitrust cases targeting employee no-poach and wage-fixing agreements, in which just one case resulted in a guilty plea.

  • DOJ Officials' Remarks Signal New Trends In FARA Activity

    Author Photo

    Three U.S. Justice Department officials' remarks at a recent forum reinforce the department's renewed focus on aggressively enforcing the Foreign Agents Registration Act, which has been transformed into a significant national security and criminal enforcement tool, and its efforts to tightly regulate the activities of foreign agents in the U.S., say attorneys at Covington.

  • 3 FinCEN Fraud Alerts To Remember In 2024

    Author Photo

    With financial fraud now the largest source of illicit proceeds in the U.S., banks should review this year's key Financial Crimes Enforcement Network alerts to ensure their employees know the warning signs of three types of rising scams and understand how to effectively report suspicious activity, says Memrie Fortenberry at Jones Walker.

  • How Clients May Use AI To Monitor Attorneys

    Excerpt from Practical Guidance
    Author Photo

    Artificial intelligence tools will increasingly enable clients to monitor and evaluate their counsel’s activities, so attorneys must clearly define the terms of engagement and likewise take advantage of the efficiencies offered by AI, says Ronald Levine at Herrick Feinstein.

  • 7 Enforcement Predictions For US Export Controls, Sanctions

    Author Photo

    Federal agencies' assertions of coming increases in export-control and sanctions-violations enforcement are not new, but recent improvements in resources and inter-agency cooperation allow for certain predictions about how the administration’s latest approach to enforcement may be applied going forward, say attorneys at Akin.

  • SDNY Ruling Warns Parties To Heed Amended Disclosure Rule

    Author Photo

    A Manhattan federal court’s recent ruling in U.S. v. Mrabet forewarns both prosecutors and defense counsel that amended expert witness disclosure obligations will be rigorously enforced by judges, and gives some insight into how courts may deal with related constitutional challenges, say John Siffert and Brandon Davis at Lankler Siffert.

  • 8 Ways To Negotiate Improved Disgorgement Outcomes

    Author Photo

    The U.S. Securities and Exchange Commission's nearly $3.4 billion collected in disgorgements in 2023 shows that substantial disgorgement claims from regulators and law enforcement are the new norm, but corporations may be able to dramatically reduce what they owe by using eight strategies to argue for reduced net profit calculations, say experts at AlixPartners.

  • How The NY AG Leads Investigations In Civil Securities Fraud

    Author Photo

    Although investigating white collar fraud can put significant strain on state and local resources, the New York Attorney General's Office has continued to use its expansive statutory authority to take a leading role in bringing civil enforcement actions in highly complex financial matters, say Carrie Cohen and Nathan Reilly at MoFo.

  • Series

    The Pop Culture Docket: Judge D'Emic On Moby Grape

    Author Photo

    The 1968 Moby Grape song "Murder in My Heart for the Judge" tells the tale of a fictional defendant treated with scorn by the judge, illustrating how much the legal system has evolved in the past 50 years, largely due to problem-solving courts and the principles of procedural justice, says Kings County Supreme Court Administrative Judge Matthew D'Emic.

  • Navigating Asset Tracing Challenges In Bankruptcy

    Author Photo

    A Virginia court’s recent ruling in Health Diagnostic Laboratory Inc.'s bankruptcy highlights the heightened demand for asset tracing and the strategic use of the lowest intermediate balance rule in recovering funds from commingled accounts, says Daniel Lowenthal at Patterson Belknap.

Want to publish in Law360?


Submit an idea

Have a news tip?


Contact us here
Can't find the article you're looking for? Click here to search the White Collar archive.
Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!