When U.S. District Judge Aileen Cannon dismissed the criminal case against former President Donald Trump in Florida over what she said was an unconstitutional appointment of a special prosecutor, she staked out a position that few other jurists have taken, but that could find support among some appellate judges, experts said.
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WEDNESDAY, JULY 17, 2024 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Trump Special Prosecutor Ruling Could Find Favor On Appeal

By Carolina Bolado

When U.S. District Judge Aileen Cannon dismissed the criminal case against former President Donald Trump in Florida over what she said was an unconstitutional appointment of a special prosecutor, she staked out a position that few other jurists have taken, but that could find support among some appellate judges, experts said.

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Menendez Guilty Of 'Shocking Corruption,' Urged To Resign

By Cara Salvatore, Pete Brush and Carla Baranauckas

A New York federal jury found U.S. Sen. Robert Menendez guilty on Tuesday of taking gold bars, cash and a Mercedes-Benz as bribes from three businessmen, handing a victory to the government on its second try to convict the embattled New Jersey Democrat on corruption charges and prompting calls for his resignation.

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Analysis

3 Reasons Why 2nd Menendez Bribery Case Was The Charm

By Carla Baranauckas

Nearly seven years after the government's first bribery case against longtime U.S. Sen. Robert Menendez collapsed in a hung jury, prosecutors avenged that loss Tuesday by sealing a conviction on a new round of corruption charges.

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Chinese Exile Guo Guilty On Most Counts In $1B Fraud Case

By Pete Brush

A Manhattan federal jury on Tuesday convicted prominent Chinese Communist Party critic Miles Guo on most charges alleging he operated a vast fraud that solicited more than $1 billion worth of sham investments from his supporters.

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Smirnov Wants David Weiss DQ'd After Trump Docs Ruling

By Hailey Konnath

Former FBI informant Alexander Smirnov said Monday that a Florida federal judge's order disqualifying the special prosecutor in the Donald Trump classified documents case means special counsel David Weiss should also be disqualified from Smirnov's case, according to a motion filed in California federal court.

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Former Ozy Media CEO Convicted Of Defrauding Investors

By Stewart Bishop

A New York federal jury on Tuesday convicted former Ozy Media CEO Carlos Watson of fraud and identity theft in a case alleging the charismatic startup founder lied to banks and investors to secure tens of millions of dollars in funding for the multimedia company.

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Ex-Goldman Banker Denies Bribe Charges After Extradition

By Elliot Weld

A former Goldman Sachs banker pled not guilty Tuesday before a Brooklyn federal magistrate judge to charges that he bribed Ghanaian officials, after losing an extradition battle in British courts.

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Ex-Mozambique Official Accused Of $2B Fraud As Trial Opens

By Frank G. Runyeon

Federal prosecutors told a Manhattan jury Tuesday that Mozambique's former finance minister took $7 million in bribes in a "corrupt" plot to enrich himself and defraud investors after $2 billion in state-backed development projects flopped.

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Cohen Asks Justices To Hear Claim Trump Put Him In Prison

By Elliot Weld

Donald Trump's former attorney-turned-critic Michael Cohen has asked the U.S. Supreme Court to take another look at his suit claiming the former president had him imprisoned in retaliation for his plans to portray Trump negatively in his book.

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Platinum Co-Founder Dodges Prison For Bond Fraud Rap

By Stewart Bishop

Platinum Partners co-founder Mark Nordlicht on Tuesday was spared prison time for his five-year-old conviction over a purported scheme to defraud bondholders of a Texas oil and gas company, as a New York federal judge doubted that "such a weird case" would have any deterrent value.

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Influencer's Forest Pics Not 'Work Activity,' 10th Circ. Rules

By Daniel Ducassi

A Tenth Circuit panel on Tuesday reversed a social media influencer's conviction for unauthorized work on National Forest Service property after he posted Instagram photos of himself snowmobiling on closed NFS land, finding that the influencer didn't have fair warning that what he was doing might be considered a federal crime.

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DIVERSITY SNAPSHOT

The 2024 Diversity Snapshot: What You Need To Know

By Xiumei Dong

Law firms' ongoing initiatives to address diversity challenges have driven another year of progress, with the representation of minority attorneys continuing to improve across the board, albeit at a slower pace than in previous years. Here's our data dive into minority representation at law firms in 2023.

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These Firms Have The Most Diverse Equity Partnerships

By Gerald Schifman

Law360’s law firm survey shows that firms' efforts to diversify their equity partner ranks are lagging. But some have embraced a broader talent pool at the equity partner level. Here are the ones that stood out.

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SECURITIES

Florida's 'Mother Teresa' Pleads Guilty To $190M Ponzi Scheme

By Carolina Bolado

Johanna Garcia, the former MJ Capital CEO known as "Mother Teresa" in Florida, pled guilty Tuesday to one count in the indictment accusing her of running a $190 million investment Ponzi scheme through the company.

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Tycoon's Pilot Says Feds' Stock Tip Claims Don't Add Up

By Ayden Crosby

A private pilot who used to work for convicted insider trader and U.K. billionaire Joe Lewis is arguing federal prosecutors can't use allegations that his own trades were suspicious to ramp up a sentence for a separate tax evasion charge.

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Green Dot Brass Hid Declining Biz And Fed Action, Suit Says

By Sydney Price

The top brass at prepaid debit card company Green Dot Corp. has been hit with a derivative shareholder suit, alleging they concealed the company's faltering core business and a proposed consent order from the Federal Reserve Board over internal controls while board members sold millions of dollars worth of shares at inflated prices.

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PUBLIC INTEGRITY

Ill. Judge Wants Expert Testimony Preview In Madigan Trial

By Lauraann Wood

An Illinois federal judge said Tuesday that he needs to hear more about potential testimony from certain Chicago politics experts and a proposal to research potential jurors before he decides whether either are appropriate for former state House speaker Michael Madigan's corruption trial.

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Feds Oppose Acquittal For Embattled NC Insurance Mogul

By Travis Bland

Federal prosecutors opposed bids by insurance mogul Greg Lindberg and his former political consultant John Gray to undo their guilty verdicts on bribery charges, saying sufficient evidence was presented at trial showing the pair tried to bribe North Carolina Insurance Commissioner Mike Causey to get rid of a regulator overseeing Lindberg's companies.

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CYBERSECURITY

6th Circ. Says Credit Union Can't Sue T-Mobile Over Cell Scam

By Katryna Perera

The Sixth Circuit on Tuesday ruled that a lower court was correct in tossing a lawsuit in which Michigan First Credit Union sued T-Mobile to recover the reimbursement fees the credit union paid to customers after they suffered unauthorized electronic transfers of money from their accounts due to cellphone scams.

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CANNABIS

Cannabis Patients And DOJ Offer Dueling Reads On Rahimi

By Sam Reisman

A group of Floridians and the U.S. Department of Justice have advanced dueling interpretations of whether a recent U.S. Supreme Court ruling on gun laws justifies stripping medical cannabis patients of their right to bear arms.

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EMPLOYMENT

Ex-Philly Charter School Exec Gets 7 Years For Embezzlement

By P.J. D'Annunzio

Abdur Rahim Islam, who ran famed R&B producer Kenny Gamble's Philadelphia-based housing and education nonprofit, was sentenced Tuesday to seven years in prison for stealing hundreds of thousands of dollars from the organization and using the ill-gotten gains for Caribbean vacations.

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LEGAL ETHICS

Judge's Emails To Prosecutor Unethical But Didn't Taint Trial

By Carolyn Muyskens

A judge should have recused herself after emailing the elected prosecutor during trial to complain that an officer "didn't do a very good investigation," but the ethical lapse didn't warrant a new trial, the Michigan Supreme Court ruled Tuesday.

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HEALTH

Feds Say Drug Monitoring Co. Founder Pulled $5M Scam

By Ryan Harroff

The founder of a patient monitoring company pitched as an effort to help people recovering from addictions to avoid relapsing during medical treatment duped around 50 investors into putting $5 million into his firm, a now-unsealed criminal indictment alleges in Pennsylvania federal court.

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Analysis

Vertex Pharma Widens War On Watchdog's Kickback Views

By Mark Payne

A lawsuit from gene therapy-drug maker Vertex Pharmaceuticals over fertility treatment access is a new battle over enforcement kickback theories and health officials' interpretation of "inducement."

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TAX

Connecticut Contractor Fined $1.75M For Tax Evasion

By Asha Glover

A Connecticut contractor was ordered to pay a $1.75 million fine for evading federal corporate and individual income taxes from 2006 through 2010, the U.S. Department of Justice announced Tuesday.

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PEOPLE

Former CFPB Counsel Joins Davis Wright In DC

By Adrian Cruz

Davis Wright Tremaine LLP announced that a former senior counsel with the Consumer Financial Protection Bureau joined the firm's financial services group as a Washington, D.C.-based partner.

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Greenbaum Rowe Trial Pro Joins McCarter & English In NJ

By Jake Maher

A former chair of Greenbaum Rowe Smith & Davis LLP's criminal defense and regulatory compliance practice moved to McCarter & English LLP this week, bringing over 25 years of experience representing doctors, elected officials and other high-profile clients.

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EXPERT ANALYSIS

What FTX Case Taught Us About Digital Asset Recoverability

FTX's Chapter 11 plan has drawn lots of attention, but the focus should be on the anticipated outcome for investors, which counters several myths about digital currencies, innovation and recoverability, says Kyla Curley at StoneTurn.

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'Outsourcing' Ruling, 5 Years On: A Warning, Not A Watershed

A New York federal court’s 2019 ruling in U.S. v. Connolly, holding that the government improperly outsourced an investigation to Deutsche Bank, has not undercut corporate cooperation incentives as feared — but companies should not completely ignore the lessons of the case, say Temidayo Aganga-Williams and Anna Nabutovsky at Selendy Gay.

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Series

Serving In The National Guard Makes Me A Better Lawyer

My ongoing military experience as a judge advocate general in the National Guard has shaped me as a person and a lawyer, teaching me the importance of embracing confidence, balance and teamwork in both my Army and civilian roles, says Danielle Aymond at Baker Donelson.

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LEGAL INDUSTRY

Ex-Trump Counsel Has Advice For GOP On Judicial Noms

By Courtney Bublé

A former Trump White House official who worked on judicial nominations has advised a potential future Republican administration to be aggressive, proactive and not to compromise on circuit court picks.

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Fed. Circ. OKs Judge Connolly's Fine Against IP Biz Owner

By Andrew Karpan

A precedential ruling from the Federal Circuit on Tuesday found that Delaware's top judge has the right to fine a Texas paralegal who is the sole owner of patent litigation outfit Backertop Licensing LLC $200 a day for refusing to show up in court as part of the judge's investigation into whether Backertop and others hid their connection to big-name intellectual property consulting firm IP Edge.

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Musk Says X, SpaceX Moving To Texas Over Calif. Gender Law

By Lauren Berg

Elon Musk took to X Tuesday to announce he will be moving the headquarters of the social media company and his astronautics company, SpaceX, out of California to Texas, after Golden State Gov. Gavin Newsom signed a bill that bars policies mandating that teachers notify parents about students' gender identity.

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$4.5M Davis Wright Deal In Ore. Fraud Suit Gets Final OK

By Sydney Price

An Oregon federal judge has fully adopted a magistrate judge's recommendation to sign off on a $4.5 million deal resolving investor claims against law firm Davis Wright Tremaine LLP for its work representing entities involved in an alleged real estate securities fraud scheme, while two banks were dismissed from the case.

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Tesla Swaps Cravath Out, WilmerHale In For Antitrust Defense

By Lauren Berg

WilmerHale has taken over from Cravath Swaine & Moore LLP as counsel for Tesla in a proposed class action in California federal court alleging the company runs an unlawful monopoly on parts for its electric vehicles.

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ACLU Legal Director Leaving For Expanded Georgetown Role

By Kevin Penton

The American Civil Liberties Union's national legal director plans to step down from a role he has held for eight years, the organization confirmed Tuesday.

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Groups Slam UC Berkeley's 'Misreading' Of Antisemitism Case

By Jake Maher

Jewish organizations suing the University of California, Berkeley, and its law school for allegedly tolerating an antisemitic culture on campus fought to keep their suit alive this week in the face of a motion to dismiss, maintaining their claims are ripe despite UC Berkeley's "bold misreading" of the case.

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LAW FIRMS IN TODAY'S NEWS

Akin Gump

Alston & Bird

ArentFox Schiff

Arnold & Porter

Atheria Law

Atkinson Andelson

Baker Botts

Baker Donelson

Bass Berry

Berry Appleman

Best Best & Krieger

Blank Rome

Boies Schiller

Bookoff McAndrews

Breen & Pugh

Buchalter APC

Buckley LLP

Cahill Gordon

Carlton Fields

Chamberlain Hrdlicka

Cleary Gottlieb

Clifford Chance

Coburn & Greenbaum

Continental PLLC

Cooley LLP

Cravath Swaine

Crowell & Moring

Cuneo Gilbert

Davis & Wright

Davis Wright Tremaine LLP

Dechert LLP

Devereux & Banzhoff

Diaz Reus

Eckert Seamans

Ellis George LLP

Esler Stephens

Farella Braun

Finger & Slanina

Finnegan

Fragomen Del Rey

Freed Kanner

Fullerton Beck

Gibbons PC

Gilbert LLP

Glancy Prongay

Greenbaum Rowe

Gross Klein

Habba Madaio

Hogan Lovells

Holland & Knight

Holzman Law PLLC

Hunton Andrews

Irell & Manella

Jacobs & Dow

Jones Day

Jones Walker

Kasowitz Benson

Katten Muchin

Keker Van Nest & Peters

Knobbe Martens

Kozyak Tropin

Kudman Trachten

Larkins Vacura

Levy Small

Lozano Smith

Manning & Kass

McCarter & English

Morrison Foerster

Munger Tolles

Nelson Mullins

Nossaman LLP

O'Melveny & Myers

Orrick Herrington

Pashman Stein

Paternoster Farnell

Paul Hastings

Pearson Warshaw

Perkins Coie

Pryor Cashman

Riley Safer

Roig Lawyers

Ropes & Gray

Saveri & Saveri

Schneider Wallace

Searson Jones

Seed IP

Selendy Gay

Shutts & Bowen

Springstead Bartish

Squire Patton

Sterne Kessler

Stoll Berne

Summit Law Group

The Law Firm of Cesar de Castro

Tostrud Law Group

UB Greensfelder

Waymaker LLP

White & Case

Willkie Farr

WilmerHale

Wilson Sonsini

Withersworldwide

Wong Fleming

Wyatt & Blake

Zuber Lawler

​Bottini & Bottini

COMPANIES IN TODAY'S NEWS

American Civil Liberties Union

Black Elk Energy LLC

Chevron Corp.

Commonwealth Edison Co.

Cornell University

Cottrell Inc.

Credit Suisse Group AG

Deutsche Bank AG

Early Warning Services LLC

Ethereum GmbH

Getty Images Holdings Inc.

Green Dot Corp.

Heathrow Airport Holdings Ltd.

Instagram Inc.

LinkedIn Corp.

McKinsey & Co. Inc.

Mercedes-Benz USA LLC

Mirati Therapeutics Inc.

National Organization for the Reform of Marijuana Laws

National Rifle Association of America

New Civil Liberties Alliance

New York City Bar Association

Pacific Premier Bancorp Inc.

Pfizer Inc.

Platinum Partners LP

Regents of the University of California

Riverview Bancorp Inc.

Roadrunner Transportation Systems Inc.

Solid Biosciences Inc.

Space Exploration Technologies Corp.

StoneTurn Group LLP

T-Mobile US Inc.

Tesla Inc.

Teva Pharmaceutical Industries Ltd.

The Goldman Sachs Group Inc.

Venmo LLC

Vertex Pharmaceuticals Inc.

Wells Fargo & Co.

YouTube Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Commodity Futures Trading Commission

Consumer Financial Protection Bureau

Equal Employment Opportunity Commission

Federal Bureau of Investigation

Federal Reserve System

Federal Trade Commission

Food and Drug Administration

Internal Revenue Service

New York Attorney General's Office

North Carolina Department of Insurance

U.S. Attorney's Office

U.S. Attorney's Office for the District of Colorado

U.S. Attorney's Office for the Eastern District of New York

U.S. Attorney's Office for the Eastern District of Pennsylvania

U.S. Attorney's Office for the Northern District of Illinois

U.S. Attorney's Office for the Southern District of Florida

U.S. Attorney's Office for the Southern District of New York

U.S. Attorney's Office for the Western District of North Carolina

U.S. Bankruptcy Court for the District of Delaware

U.S. Civilian Board of Contract Appeals

U.S. Court of Appeals for the Eleventh Circuit

U.S. Court of Appeals for the Federal Circuit

U.S. Court of Appeals for the Sixth Circuit

U.S. Court of Appeals for the Tenth Circuit

U.S. Department of Health and Human Services

U.S. Department of Justice

U.S. Department of the Treasury

U.S. District Court for the Central District of California

U.S. District Court for the District of Connecticut

U.S. District Court for the District of Oregon

U.S. District Court for the Eastern District of New York

U.S. District Court for the Eastern District of Pennsylvania

U.S. District Court for the Northern District of California

U.S. District Court for the Northern District of Illinois

U.S. District Court for the Southern District of Florida

U.S. District Court for the Southern District of New York

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Supreme Court

United States District Court for the Eastern District of Wisconsin