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The Recorder

Ex-Lawyer Sentenced to 41-Month Prison Term in Boiler-Room Mortgage Scheme

A former lawyer in Long Beach has been sentenced to 41 months in prison for his roles in a mortgage modification scheme which posed as a successful law firm.
5 minute read

The American Lawyer

Linklaters Associate Is Latest Big Firm Lawyer Tied to Insider Trading Charges

Fei Yan, 31, was arrested on Wednesday on insider trading charges in a case that alleges he profited from knowledge garnered by his wife, a Linklaters associate working on M&A deals.
11 minute read

New York Law Journal

14 Indicted in Multistate Pump-and-Dump Scheme

A pump-and-dump sting that stretched from New York to San Diego netted 14 in connection with an alleged $147 million stock manipulation scheme, the Eastern District U.S. Attorney's Office announced Wednesday.
2 minute read

National Law Journal

What the Election-Law Camp Is Saying About Donald Trump Jr.'s Emails

Alan Futerfas, a lawyer for Donald Trump Jr., said the disclosure of his client's emails about Russia's work to share dirt on Hillary Clinton was "much ado about nothing." Comments from veteran election law attorneys, however, suggest otherwise—or at least raise more questions for Special Counsel Robert Mueller III's team. What follows is a snapshot of some of what lawyers are telling us and saying around the web about the legal significance of the newly disclosed emails.
7 minute read

International Edition

'He's in the top 10% of the top 1%' - $9.2m pay packet puts King & Spalding partner in the spotlight

Where does King & Spalding's Christopher Wray - Trump's nominee for FBI director - rank among the best-paid partners in the US?
5 minute read

New York Law Journal

Applying 'McDonnell,' Circuit Affirms Ex-Assemblyman's Public Corruption Conviction

With the convictions of Sheldon Silver and Dean Skelos on appeal before the circuit, the ruling upholding the conviction of William Boyland Jr. is expected to play less of a role as precedent than as an example of the circuit committing to reviews of the facts of each case specifically to determine what, if any, of the U.S. Supreme Court's public corruption precedent should be applied.
6 minute read

New York Law Journal

Victims' Rights and White-Collar Defense

White-Collar Crime columnists Elkan Abramowitz and Jonathan Sack discuss the Crime Victim Rights Act, writing: To be sure, advocacy by putative victims can exert influence on prosecutors and courts in a manner that complicates defense of a white-collar case. At the same time, the rights of putative victims may, on occasion, give rise to disclosures that assist the defense.
11 minute read

National Law Journal

As Priorities Shift at DOJ, Health Care Corporate Fraud Strike Force Gutted

Last fall the U.S. Department of Justice proudly claimed a major victory for its Health Care Corporate Fraud Strike Force when it nailed Tenet Healthcare Corp. for a multimillion-dollar kickback and bribery scheme. It was the strike force's first major victory—it also may have been its last.
4 minute read

National Law Journal

Trump's FBI Pick Christopher Wray Earned $9.2M Partnership Share at King & Spalding

Christopher Wray, the King & Spalding white-collar partner who was nominated to replace fired FBI director James Comey, reported earning $9.2 million in his partnership share from 2016 and so far this year, according to financial documents made available Monday. Wray, a King & Spalding partner for nearly 12 years in the firm's Washington and Atlanta offices, also revealed numerous big-name clients in the required disclosure, released by the U.S. Office of Government Ethics. Wray is set to appear Wednesday for his confirmation hearing.
6 minute read

New York Law Journal

Class Status Overturned in Suit Against Oil Company

The district judge presiding over a proposed securities fraud class action suit against Brazilian petroleum giant Petrobras should have taken a closer look at the types of stock purchases the plaintiffs made before class certification, an appeals court has ruled.
13 minute read

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