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White Collar
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September 23, 2025
Mich. Doctor Gets 6 Years For Role In Opioid Pill Mill
A Detroit area doctor was sentenced Tuesday to six years in prison for prescribing unnecessary opioids out of a pill mill that eventually were sold on the streets, with a Michigan federal judge saying some detainment was warranted for the dangers the operation posed to the community.
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September 23, 2025
Insurer Needn't Cover $3.3M Securities Scam Settlements
An insurer for a securities broker-dealer does not owe coverage for $3.3 million the company paid to settle claims that an employee defrauded clients, a New York federal court ruled Tuesday, finding that the settlements are not a direct loss covered under the company's policy.
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September 23, 2025
'Bridgegate' Drivers Drop Lawsuit Against State Of NJ
After more than a decade of litigation, George Washington Bridge travelers who claimed the "Bridgegate" traffic jam violated their constitutional rights notified the New Jersey federal court that they will not pursue their claims individually after the Third Circuit denied their petition for an interlocutory appeal of the denial of class certification.
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September 23, 2025
LPL Financial Nabs Ex-AUSA, Eversheds Investigations Head
LPL Financial has hired a former Manhattan federal prosecutor as head of litigation and arbitration following her time as co-leader of Eversheds Sutherland's corporate crime and investigations practice.
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September 23, 2025
DOJ Adds Tribes To Program Enhancing Crime Data Exchange
The U.S. Department of Justice has selected six federally recognized Indigenous nations to participate in efforts to continue expansion of the Tribal Access Program for National Crime Information that will give their law enforcement and government access to databases maintained by the FBI's Criminal Justice Information Services Division.
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September 23, 2025
Ga. Panel Says Kemp Doesn't Have To Probe Election Board
The Georgia Court of Appeals on Tuesday said a trial court rightly dismissed a suit that sought to force the state's governor to hold a hearing on ethics charges brought against three Republican members of the State Election Board.
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September 23, 2025
Privy Council Backs Undoing Fund's $230M Madoff Claim Sale
The top appeals court for U.K. overseas territories has endorsed a successful U.S. appeal brought by the liquidator of an overseas Bernard L. Madoff feeder fund to undo its allegedly imprudent sale of its $230 million claim against the Ponzi schemer's defunct firm to a hedge fund.
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September 22, 2025
Trump Appoints 'Loyal' Aide Following Va. US Atty's Exit
One of President Donald Trump's White House aides and former personal attorneys Monday was sworn in as interim U.S. attorney for the Eastern District of Virginia, a day after the resignation of the office's previous Senate-approved top prosecutor, who had declined to bring charges against two of the president's foes.
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September 22, 2025
Ex-Joseph Gunnar Broker Cops To $1M Insider Trading Scheme
A former Joseph Gunnar & Co. broker Monday admitted to his role in what prosecutors say was a scheme to use confidential information about upcoming secondary stock offerings to make over $1 million in illicit profits.
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September 22, 2025
SEC Sues NC Man For 'Free-Riding' Securities Scheme
A North Carolina man faces U.S. Securities and Exchange Commission allegations that he systematically gamed certain broker-dealers to engage in a so-called free-riding scheme that enabled him to trade nearly $900,000 worth of securities despite not actually possessing the funds to do so.
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September 22, 2025
2nd Circ. Undoes $25M Restitution In Horse-Doping Case
A veterinarian convicted of conspiracy in a sprawling horse-doping scheme has escaped $25 million in restitution and is also off the hook for the $10.3 million forfeiture of funds tied to the sale of undetectable, performance-enhancement drugs, the Second Circuit said Monday.
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September 22, 2025
Adult Club Owner, Charged With Fraud, Facing Securities Suit
An RCI Hospitality Holdings investor hit the adult entertainment club operator and two executives with a proposed securities class action in Texas federal court on Sunday, alleging that they hid a multiyear tax fraud and bribery scheme that was recently unveiled in sprawling New York indictments and purportedly caused RCI's stock to plummet.
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September 22, 2025
Chancery Orders New Doc Handover In Crypto Co. Merger Suit
A busted crypto-venture merger battle resurrected by Delaware's Supreme Court last year took another turn Monday with a ruling by Delaware's chancellor compelling Galaxy Digital Holdings LLC's handover of records that crypto-wallet business Bitgo Holdings Inc. said ties Galaxy to an alleged crypto pump-and-dump scheme.
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September 22, 2025
Developer Gets 8 Years For Fraud That Sunk Belize Project
A Manhattan federal judge sentenced a California real estate developer with a previous fraud conviction Monday to eight years in prison, after a jury convicted him of defrauding investors who backed a big luxury development he controlled called Sanctuary Belize.
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September 22, 2025
Credit Union, Insurers End Embezzlement Coverage Dispute
A credit union seeking coverage for $5.5 million in embezzled funds agreed to end a suit accusing its fidelity bond insurers of secretly amending policy language to avoid coverage for "virtually any catastrophic loss," according to a notice filed Monday in Georgia federal court.
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September 22, 2025
Feds Oppose Chinese Exile Guo's Bid To Take Ch. 11 Assets
Federal prosecutors in the Southern District of New York have opposed convicted securities fraudster and bankrupt Chinese exile Miles Guo's bid to force the government to take control of assets from his own Connecticut-based Chapter 11 trustee to satisfy a $1.3 billion criminal forfeiture order.
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September 22, 2025
Girardi Loses Bid To Avoid Prison During Appeal
Disgraced attorney Tom Girardi will have to wait in prison while he appeals his wire fraud conviction for stealing from his own clients, a California federal judge has ruled.
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September 22, 2025
CVS's Omnicare Hits Ch. 11 After $949M FCA Judgment
Omnicare LLC, CVS Health's subsidiary that provides pharmacy services for long-term care facilities, filed for Chapter 11 bankruptcy relief Monday in Texas following a $949 million judgment against Omnicare and CVS issued by a New York federal judge earlier this year.
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September 22, 2025
DOJ Presses For 30-Year Sentence In Attempt On Kavanaugh
The government wants a defendant to spend at least 30 years in prison for attempting to kill U.S. Supreme Court Justice Brett Kavanaugh, while defense counsel is seeking an eight-year sentence.
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September 22, 2025
Cuellar Bribery Indictment Survives Despite Speech Defense
A Texas federal judge has rejected a bid from U.S. Rep. Henry Cuellar, D-Texas, to escape bribery charges on the grounds that he is immune from prosecution under the Constitution's speech or debate clause, saying the government has alleged misconduct that is not shielded through a relationship to official legislative acts.
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September 22, 2025
Fla. Marketer Gets 57 Months For $11.5M Medicare Fraud
A Florida marketer received nearly five years in prison after admitting in Florida federal court to his role in a scheme to defraud the U.S. out of $11.5 million by convincing Medicare beneficiaries to take genetic screen tests that were not medically necessary.
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September 22, 2025
Boston Activist Admits Defrauding Donors, Gov't
A Boston anti-violence activist once hailed as a rising civic leader admitted Monday in a federal courtroom to using thousands of dollars in donations and grants to her nonprofit for personal expenses like meals and travel, defrauding a pandemic-era unemployment program, and other charges.
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September 21, 2025
Chinese Exec Who Shipped Fentanyl Ingredients Gets 25 Yrs
A Manhattan federal judge on Friday sentenced a Chinese national and chemical company executive to 25 years in prison for shipping large quantities of fentanyl ingredients to the U.S., citing the defendant's "egregious, callous" disregard for the deaths caused by the drugs he helped create.
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September 19, 2025
Va. US Atty Quits Amid Trump's 'Blue-Slip' Removal Bid
Erik Siebert on Friday resigned as U.S. attorney for the Eastern District of Virginia, just hours after President Donald Trump pondered ousting him from the position because Siebert received blue-slip approval from the commonwealth's two Democratic senators, Tim Kaine and Mark Warner, according to media reports.
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September 19, 2025
Treasury Launches Stablecoin Rule Push With Call For Input
The U.S. Department of the Treasury on Friday asked for public input on key regulatory considerations for stablecoins as it begins crafting rules to govern the stable-value crypto tokens under the recently signed Genius Act.
Expert Analysis
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Series
Law School's Missed Lessons: Learning From Failure
While law school often focuses on the importance of precision, correctness and perfection, mistakes are inevitable in real-world practice — but failure is not the opposite of progress, and real talent comes from the ability to recover, rethink and reshape, says Brooke Pauley at Tucker Ellis.
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How Courts Are Addressing The Use Of AI In Discovery
In recent months, several courts have issued opinions on handling discovery issues involving artificial intelligence, which collectively offer useful insights on integrating AI into discovery and protecting work product in connection with AI prompts and outputs, says Philip Favro at Favro Law.
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Tips For Crypto AI Agent Developers Under SEC Watch
With agents powered by artificial intelligence increasingly making decisions in the cryptocurrency world, there's a chance the U.S. Securities and Exchange Commission could use the Investment Advisers Act to regulate this technology in financial services, but there are ways developers can mitigate regulatory risks, say attorneys at Morrison Cohen.
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Series
Adapting To Private Practice: From ATF Director To BigLaw
As a two-time boomerang partner, returning to BigLaw after stints as a U.S. attorney and the director of the Bureau of Alcohol, Tobacco, Firearms and Explosives, people ask me how I know when to move on, but there’s no single answer — just clearly set your priorities, says Steven Dettelbach at BakerHostetler.
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New DOJ Penalty Policy Could Spell Trouble For Cos.
In light of the U.S. Department of Justice’s recently published guidance making victim relief a core condition of coordinated resolution crediting, companies facing parallel investigations must carefully calibrate their negotiation strategies to minimize the risk of duplicative penalties, say attorneys at Debevoise.
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A Look At Key 5th Circ. White Collar Rulings So Far This Year
In the first half of 2025, the Fifth Circuit has decided numerous cases of particular import to white collar practitioners, which collectively underscore the critical importance of meticulous recordbuilding, procedural compliance and strategic litigation choices at every stage of a case, says Joe Magliolo at Jackson Walker.
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How Cos. In China Can Tailor Compliance Amid FCPA Shifts
The U.S. Department of Justice’s recently updated Foreign Corrupt Practices Act enforcement guidelines create a fluid business environment for companies operating in China that will require a customized compliance approach to navigate both countries’ corporate and legal systems, say attorneys at Dickinson Wright.
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Series
Playing Baseball Makes Me A Better Lawyer
Playing baseball in college, and now Wiffle ball in a local league, has taught me that teamwork, mental endurance and emotional intelligence are not only important to success in the sport, but also to success as a trial attorney, says Kevan Dorsey at Swift Currie.
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APA Relief May Blunt Justices' Universal Injunction Ruling
The Administrative Procedure Act’s avenue for universal preliminary relief seems to hold the most promise for neutralizing the U.S. Supreme Court’s decision in Trump v. CASA to limit federal district courts' nationally applicable orders, say attorneys at Crowell.
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Managing Risks As State AGs Seek To Fill Enforcement Gap
Given an unprecedented surge in state attorney general activity resulting from significant shifts in federal enforcement priorities, companies must consider tailored strategies for navigating the ever-evolving risk landscape, say attorneys at Cozen O'Connor.
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Opinion
Prosecutors' Duty To Justice Sometimes Demands Mea Culpa
Two recent cases — U.S. v. Lucas and U.S. v. Echavarria — demonstrate that prosecutors’ special ethical duty to seek justice can sometimes be in tension with other obligations and incentives, but it nonetheless requires them to concede their mistakes in the interests of justice, say Eastern District of Texas law clerk Ian Stephens and Texas A&M University law professor Jemila Lea.
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Series
Law School's Missed Lessons: Skillful Persuasion
In many ways, law school teaches us how to argue, but when the ultimate goal is to get your client what they want, being persuasive through preparation and humility is the more likely key to success, says Michael Friedland at Friedland Cianfrani.
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FCA Working Group Reboot Signals EHR Compliance Risk
The revival of the False Claims Act working group is an aggressive expansion of enforcement efforts by the Justice Department and the U.S. Department of Health and Human Services targeted toward technology-enabled fraud involving electronic health records and other data, say attorneys at ArentFox Schiff.
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Lessons From Crackdown On Mexican Banks With Cartel Ties
Recent U.S. Treasury Department orders excluding three major Mexican financial institutions from the U.S. banking system for laundering drug cartel money and processing payments for fentanyl precursor chemicals offer guidance for companies in reviewing their procedures and controls to ensure they are not the next targets, say attorneys at Paul Weiss.
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Litigation Inspiration: How To Respond After A Loss
Every litigator loses a case now and then, and the sting of that loss can become a medicine that strengthens or a poison that corrodes, depending on how the attorney responds, says Bennett Rawicki at Hilgers Graben.