https://www.law360.com/whitecollar?utm_source=rss&utm_medium=rss&utm_campaign=section Latest articles for: White Collar Copyright 2025 Portfolio Media, Inc. en-US Thu, 01 May 2025 23:44:47 +0000 https://www.law360.com/whitecollar/articles/2333755?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/whitecollar/articles/2333755 A Manhattan federal judge on Thursday suggested that he may grant all or part of a crypto trader's motion for acquittal or a new trial over allegations that he defrauded Mango Markets investors out of $110 million by manipulating the price of the exchange's native token, in a ruling that would likely center on issues involving mixed swaps or venue. Thu, 01 May 2025 23:26:59 +0000 https://www.law360.com/whitecollar/articles/2333429?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/whitecollar/articles/2333429 The Federal Trade Commission and Nevada on Thursday filed suit in federal court against an investment training company they alleged scammed more than $1.2 billion out of consumers, mostly young adults, by selling trading courses taught by "bogus" instructors and encouraging consumers to participate in a multi-level marketing scheme. Thu, 01 May 2025 22:41:30 +0000 https://www.law360.com/whitecollar/articles/2333568?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/whitecollar/articles/2333568 Pennsylvania federal prosecutors announced Thursday that the former director of network planning and engineering for Amtrak is charged with taking bribes worth tens of thousands of dollars in exchange for steering millions of dollars in Amtrak contract work to various vendors. Thu, 01 May 2025 22:05:15 +0000 https://www.law360.com/whitecollar/articles/2333316?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/whitecollar/articles/2333316 The federal government brought a bombshell False Claims Act suit Thursday against Aetna, Elevance and Humana, claiming the insurers paid hundreds of millions of dollars in illegal kickbacks to brokers in exchange for enrollments into their Medicare Advantage plans, with Humana and Aetna also accused of discriminating against disabled beneficiaries. Thu, 01 May 2025 22:01:27 +0000 https://www.law360.com/whitecollar/articles/2333124?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/whitecollar/articles/2333124 Cohen Milstein Sellers & Toll PLLC and Lieff Cabraser Heimann & Bernstein LLP will represent a proposed class of investors in a suit alleging Jack Dorsey's fintech company Block Inc. created a "haven for criminal and illicit activities" on its Cash App and Square payment platforms despite touting its anti-money laundering protocols. Thu, 01 May 2025 21:41:26 +0000 https://www.law360.com/whitecollar/articles/2333554?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/whitecollar/articles/2333554 The U.S. Securities and Exchange Commission moved Thursday to drop its suit over cryptocurrency influencer Ian Balina's alleged promotion of so-called SPRK tokens, about a month after Balina's attorneys said the federal regulator planned to walk away from the case. Thu, 01 May 2025 21:05:25 +0000 https://www.law360.com/whitecollar/articles/2333424?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/whitecollar/articles/2333424 Two former FirstEnergy Corp. executives indicted over their alleged roles in a $1 billion bribery scandal objected Thursday to the possibility they could be sanctioned for failing to produce certain information in a civil suit brought by FirstEnergy investors, calling language in a special master's report "inappropriate" and potentially prejudicial. Thu, 01 May 2025 18:56:57 +0000 https://www.law360.com/whitecollar/articles/2332362?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/whitecollar/articles/2332362 Two Oklahoma district attorneys have urged a federal court to throw out Cherokee, Chickasaw and Choctaw nation lawsuits challenging the district attorneys' attempts to prosecute tribal citizens for crimes committed in Indian Country, arguing that their complaints wrongly seek to overturn a state criminal court opinion. Thu, 01 May 2025 18:34:06 +0000 https://www.law360.com/whitecollar/articles/2331850?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/whitecollar/articles/2331850 A PetroSaudi unit continues fighting the Trump administration's bid to pause litigation to seize a $380 million arbitral award while related proceedings in Switzerland play out, saying a California federal judge has already denied its stay request once before. Thu, 01 May 2025 17:34:46 +0000 https://www.law360.com/whitecollar/articles/2331093?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/whitecollar/articles/2331093 Tax crimes are historically difficult to prosecute, but the Internal Revenue Services’ recent agreement with U.S. Immigration and Customs Enforcement to share taxpayer records of non-U.S. citizens could be used to enhance payroll tax-related enforcement against their employers, say attorneys at Holland & Knight. Thu, 01 May 2025 17:01:13 +0000 https://www.law360.com/whitecollar/articles/2333040?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/whitecollar/articles/2333040 The owner of an Illinois-based masonry business awarded a federal contract to renovate Philadelphia's historic 30th Street Station admitted Wednesday to bribery charges in a case alleging he had his executives shower gifts on an Amtrak employee who then approved additional work that added $52 million to the project's cost. Thu, 01 May 2025 16:56:04 +0000 https://www.law360.com/whitecollar/articles/2332404?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/whitecollar/articles/2332404 A prosecutor and attorneys for clinic workers charged in connection with the death of a 5-year-old boy in a hyperbaric chamber explosion expressed frustration Wednesday that they cannot get their experts into the building to investigate because of a temporary restraining order they say is interfering with the criminal cases. Thu, 01 May 2025 16:53:24 +0000 https://www.law360.com/whitecollar/articles/2333268?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/whitecollar/articles/2333268 A former Connecticut government employee admitted to playing a part in a $1.8 million scheme to defraud the Constitution State's Medicaid program by fraudulently billing services for children with autism that her company never provided, acting U.S. Attorney Marc H. Silverman has announced. Thu, 01 May 2025 16:51:20 +0000 https://www.law360.com/whitecollar/articles/2332613?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/whitecollar/articles/2332613 The Senate Judiciary Committee on Thursday held off for now a vote to call for a hearing on Ed Martin's nomination for U.S. attorney for the District of Columbia, a move Democrats say would allow more time to review his record and, they hope, convince enough Republicans to help them block his nomination. Thu, 01 May 2025 16:47:29 +0000 https://www.law360.com/whitecollar/articles/2332958?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/whitecollar/articles/2332958 A Tennessee district attorney general is urging a federal court to throw out a suit alleging he maliciously prosecuted a driver transporting $850,000 worth of hemp through the state, saying he has immunity to all the claims against him. Thu, 01 May 2025 16:35:58 +0000 https://www.law360.com/whitecollar/articles/2333118?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/whitecollar/articles/2333118 Four Raytheon and Nightwing-related defense contractors have agreed to collectively pay $8.4 million to resolve a False Claims Act whistleblower lawsuit alleging that Raytheon knowingly failed to adhere to cybersecurity requirements during contracts with the U.S. Department of Defense, the U.S. Department of Justice announced on Thursday. Thu, 01 May 2025 16:01:14 +0000 https://www.law360.com/whitecollar/articles/2332923?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/whitecollar/articles/2332923 Home Depot was hit with a proposed class action in Georgia federal court Wednesday over allegations that it consistently breaches provisions of its rental contracts by unilaterally applying damage protection without customers opting into the service. Thu, 01 May 2025 15:33:59 +0000 https://www.law360.com/whitecollar/articles/2332564?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/whitecollar/articles/2332564 A banker challenging the Federal Deposit Insurance Corp.'s use of in-house proceedings to level a fraud judgment against him told the Fifth Circuit that its recent decision overturning a $57 million Federal Communications Commission fine against AT&T confirms that the FDIC cannot rely on a "public rights" exemption to impose fines without a jury trial. Thu, 01 May 2025 14:47:28 +0000 https://www.law360.com/whitecollar/articles/2332882?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/whitecollar/articles/2332882 Weil Gotshal & Manges LLP announced Thursday that it has hired a former Boies Schiller Flexner LLP litigator with experience as a law firm partner, in-house attorney and federal prosecutor. Thu, 01 May 2025 14:44:19 +0000 https://www.law360.com/whitecollar/articles/2332929?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/whitecollar/articles/2332929 Hunter Biden dropped his suit against the federal government alleging the unauthorized disclosure of his tax return information by special agents and their attorneys who talked publicly about an investigation that culminated in Biden's copping to criminal tax charges.