Steptoe & Johnson LLP’s lawyers knew all along that former BP Gulf of Mexico exploration chief David Rainey was innocent. Targeted over the truth of public statements after the Deepwater Horizon disaster, Rainey still had to convince a jury — and the way his lawyers at Steptoe went about it landed them among Law360’s White Collar Practice Groups of the ...
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Manhattan DA Rips Dewey Execs’ Bids To Dodge 2nd Trial
The New York County District Attorney’s Office on Wednesday shot back at efforts by former top executives at Dewey & LeBoeuf LLP to avoid a second trial on charges of conning lenders and investors out of over $ 100 million when the law firm collapsed, saying to let the leaders off would disregard the law. Law360: acquitted
Read More »Jury Acquits 5 Ex-Brokers In London Libor Rigging Trial
A London jury on Wednesday acquitted five former brokers of plotting with convicted former UBS and Citigroup trader Tom Hayes to manipulate Libor, the U.K.’s Serious Fraud Office said. Law360: acquitted
Read More »UK Watchdog To Charge Ahead On Libor Despite Acquittals
The acquittal Wednesday of five brokers accused of plotting with a former bank trader convicted of manipulating Libor is a setback for the U.K.’s Serious Fraud Office, but the watchdog is unlikely to abandon its aggressive prosecution strategy for rate-rigging schemes. Law360: acquitted
Read More »2nd Circ. Won’t Rehear $4.7M Case Against Ex-NY AG Staff
The Second Circuit won’t rehear the case of two former employees of the New York state attorney general’s office facing a $ 4.7 million judgment for submitting misleading evidence against a dentist accused of Medicaid fraud. Law360: acquitted
Read More »London Jury Acquits 6th Trader Of Libor Rigging
A London jury on Thursday acquitted the sixth defendant accused by U.K. authorities of rigging a key benchmark interest rate, dealing a final blow to prosecutors who saw the other five defendants acquitted just a day earlier, according to media reports. Law360: acquitted
Read More »White Collar Group Of The Year: Morvillo Abramowitz
Morvillo Abramowitz Grand Iason & Anello PC persuaded a jury to acquit Dewey & LeBoeuf LLP’s former chairman of criminal charges following a grueling, four-month trial, then struck a favorable deferred prosecution deal, earning the firm a spot among Law360’s White Collar Practice Groups of the Year for 2015. Law360: acquitted
Read More »Golfer Guilty Of Using Country Club Insider Trading Tip
A Boston federal jury on Thursday convicted a real estate developer on a securities fraud charge for profiting off an insider tip from his country club pal, an ex-Eastern Bank Corp. executive, ahead of the bank’s acquisition of Wainwright Bank & Trust Co. Law360: acquitted
Read More »Ex-Bryan Cave Atty Seeks Retrial After Fraud Conviction
Former Bryan Cave LLP attorney Harvey Newkirk asked a New York federal judge Thursday to grant a retrial or reverse his criminal wire fraud conviction in connection with a failed bid to acquire Maxim magazine, arguing there was insufficient evidence to support the conviction. Law360: acquitted
Read More »Insurance, Stock Fraud Ringleader Sentenced To 15 Years
No-fault automobile insurance fraud racketeer and stock boiler room ringleader Mikhail Zemlyansky was sentenced by a New York federal judge on Thursday to 15 years in prison and ordered to forfeit $ 29.6 million after a lengthy and often bitter hearing in which his defense counsel only grudgingly conceded his client’s guilt. Law360: acquitted
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