White Collar Crime

Devereux corporate crime silk takes Treasury role on Libor inquiry

By Suzi Ring | July 24, 2012

Devereux Chambers' Jonathan Fisher QC has been instructed to advise the Treasury Committee on its investigation into the Libor rate-rigging scandal, as details of the inquiry continue to emerge. Fisher, who specialises in cases involving corporate and financial crime, was appointed to advise Parliament on the inquiry earlier this month.

1 minute read

Can the law nail the Libor bankers?

By Legal Week | July 10, 2012

"One possibility is that the common law offence of conspiracy to defraud might be used. This form of conspiracy was preserved by the Criminal Law Act 1977 section 5, though the Law Commission would have liked to see the back of it..."

1 minute read

Covington leads as GlaxoSmithKline receives record $3bn fine

By Ben Wheway | July 3, 2012

US firm Covington & Burling has taken the lead role for pharma giant GlaxoSmithKline (GSK) on its record $3bn (£1.9bn) criminal and civil settlement over drug misbranding, reports The Blog of Legal Times. The settlement saw GSK agree to plead guilty to criminal charges and to pay $1bn (£638m) in criminal fines and forfeitures for the illegal marketing and promotion of the drugs Paxil and Wellbutrin.

1 minute read

Former Hogan Lovells partner handed three-year jail term for expense fraud

By Sofia Lind | May 30, 2012

Former Hogan Lovells litigation partner Christopher Grierson has been sentenced to three years in prison for defrauding the firm of £1.3m in false travel expenses. Grierson, who pleaded guilty in March this year after being charged by the City of London Police with four counts of false accounting, was today (30 May) handed sentences relating to four counts of fraud - one of 15 months, two of 36 months and one of 12 months, to run concurrently. He is expected to serve a total of 18 months in prison.

1 minute read

SFO criticised for 'hollow threats' as FOI request reveals dawn raid freeze

By Rose Orlik | May 28, 2012

The Serious Fraud Office (SFO) has carried out no raids in the year since the high-profile arrests of the Tchenguiz brothers. A freedom of information request by Pinsent Masons has revealed that from 2008 to 2010 the SFO conducted around 50 raids per year, but that none have taken place since last March's dawn raid of property belonging to businessmen Vincent and Robert Tchenguiz...

1 minute read

Covington continues City white-collar crime hiring with new lateral

By Friederike Heine | May 16, 2012

Covington & Burling has made a second consecutive anti-corruption lateral hire in London, with Steptoe & Johnson partner David Lorello joining the US firm this week (15 May). Lorello, who made partner at Steptoe in 2010, is US-qualified and focuses on US, UK and European regulatory issues.

1 minute read

Former Fulbright partner handed jail term for stealing from firm

By Friederike Heine | March 9, 2012

Former Fulbright & Jaworski partner Graham Simkin has been sentenced to 16 months in prison after pleading guilty to charges of false accounting and fraud. Simkin, who resigned from the US firm's London office in September 2008, and his wife Zakia Sharif, who was dismissed as an office manager by the firm in the same year, have admitted to stealing as much £100,000 from the firm in false expenses claims. Sharif has also been sentenced to 16 months.

1 minute read

Jones Day and Covington recruit for London white collar crime teams

By Friederike Heine | February 2, 2012

Jones Day and Covington & Burling have become the latest US law firms to bolster their white collar investigations practices in London, making hires from the Serious Fraud Office (SFO) and Baker Botts respectively. Jones Day is bringing in Glyn Powell, who has headed up the fraud business area at the SFO since 2004.

1 minute read

K&L Gates hires Addleshaws partner for City white collar crime launch

By Friederike Heine | January 18, 2012

K&L Gates has become the latest US firm to launch a white collar crime and criminal defence practice in London, bringing in Addleshaw Goddard business crime specialist Elizabeth Robertson. Robertson has been a partner with Addleshaws since 2007 and was a member of the national firm's fraud and regulatory team until handing in her notice earlier this month. She specialises in international and domestic corporate crime and regulatory investigations, including corruption and financial services enforcement.

1 minute read

Former Hogan Lovells partner Grierson charged by police over alleged expenses fraud

By Friederike Heine | December 6, 2011

Former Hogan Lovells litigation partner Christopher Grierson has been charged by the City of London Police with four counts of false accounting after allegedly defrauding the firm of £1m in false expenses claims. Grierson, who was dismissed from his former firm in May, was charged yesterday (5 December). He is now due to appear before the City of London Magistrates Court on 9 January 2012.

1 minute read

New York Law Journal

State Sanctions Targeting Russia Present Complicated Questions for Companies, Regulators

By Emil Bove, Danielle Corcione and Brittany Manna | April 4, 2023

New York and New Jersey now require companies to submit certifications relating to activities in Russia as part of the procurement process. New Jersey also created its own sanctions list comprised of companies that the New Jersey Treasury Department believes are engaged in prohibited activities in Russia and Belarus.

7 minute read

New York Law Journal

The Impending Demise of the Intended Loss Doctrine in Federal Sentencing

By David Lazarus and Andrew Wirmani | April 3, 2023

Federal sentencing can seem unjustly harsh. Consider the following hypothetical: A defendant in a health care case is charged with conspiracy to commit health care fraud and five substantive counts of health care fraud.

8 minute read

New York Law Journal

The SEC's Stacked Deck Is News to Unsuspecting 'Dealers'

By Megan Rohan and Jillian Friedmann | April 3, 2023

The SEC's expansive position on who must register as a dealer has significant consequences for investors whose activities, until recently, were widely understood as falling within an exception for traders.

8 minute read

The American Lawyer

Cahill's White Collar and Government Investigations Chair Decamps for Paul Hastings

By Patrick Smith | April 3, 2023

Brad Bondi will join his new firm as co-chair of Paul Hastings' investigations and white-collar defense practice in Washington, D.C.

2 minute read

Daily Report Online

Updated: Jury Acquits Four Businesspeople Accused of $1.4B Health Care Fraud Scheme

By Everett Catts | March 30, 2023

Their acquittals came in a retrial after the first trial, which took place in May and June 2022, ended in a hung jury.

9 minute read

Texas Lawyer

Months After Mistrial, Former Blue Bell CEO Sentenced to Pay $100,000

By Katie Hall | March 28, 2023

Federal prosecutors initially charged Paul Kruse with felony crimes of wire fraud and conspiracy. However, jurors could not agree on a verdict at the conclusion of his trial last summer, and the case ended in a mistrial.

4 minute read

The Recorder

Melinda Haag Talks West Coast Growth, White Collar Buzz at Paul Weiss

By Jessie Yount | March 28, 2023

"Part of enhancing our brand nationally includes boosting our West Coast footprint and making sure the California market knows what a formidable and talented bench we have," said Paul Weiss' Melinda Haag.

10 minute read

Daily Business Review

NYC's Morrison Cohen Expands Its Connection to Miami With New Hire

By Alexander Lugo | March 27, 2023

"We're going to see really sophisticated business fraud cases coming out of the Southern District of Florida and the Middle District of Florida, and it's going to be very interesting," says Melissa Madrigal, one of a pair of partners joining the firm from Armstrong Teasdale.

4 minute read

New York Law Journal

Morrison Cohen Adds to New York and Miami Rosters, Citing Case Parallels Between the Two Markets

By Alexander Lugo | March 27, 2023

"We're going to see really sophisticated business fraud cases coming out of the Southern District of Florida and the Middle District of Florida, and it's going to be very interesting," says Melissa Madrigal, one of a pair of partners joining the firm from Armstrong Teasdale.

4 minute read

New York Law Journal

Current and Former New York Elected Officials Side With Ex-Lt. Gov. Brian Benjamin in Amicus Brief

By Jane Wester | March 27, 2023

U.S. District Judge J. Paul Oetken of the Southern District of New York partially granted former Benjamin's motion to dismiss his indictment in December, throwing out bribery and fraud charges while allowing the case to proceed on two falsification of records charges.

3 minute read