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 »Industry News
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
Read More »Libor Scandal Acquittals End Prosecutors’ Winning Streak
A London jury’s decision Wednesday to acquit five former brokers on charges of plotting with a convicted former UBS and Citigroup trader to manipulate Libor marks a major defeat for prosecutors who had been riding a wave of convictions in connection with the scandal. Here, Law360 takes a look at the current status of Libor scandal-related criminal cases in the ...
Read More »Chicago Doctor Appeals Sentence In Massive Kickback Scam
A Chicago doctor convicted of accepting kickbacks in exchange for patient referrals as part of an elaborate scheme to defraud federal health programs at the city’s Sacred Heart Hospital appealed his three-month sentence to the Seventh Circuit on Wednesday. Law360: acquitted
Read More »An Introduction To Director Duties In Bermuda
Bermuda courts’ reluctance to interfere with directors’ business decisions, coupled with the indemnity provisions generally included in the bylaws of Bermuda companies, allow directors to feel secure when considering and authorizing business combinations, provided they make such decisions on a well-informed, unbiased basis while acting in good faith, say attorneys with Appleby Global Group Services Ltd. Law360: acquitted
Read More »Lawyers Who Landed On Santa’s Naughty List In 2015
Santa’s going to have to request an extension of page limits for his naughty list this year, on account of all the attorneys behaving badly. Here are five who have been accused or convicted of conduct unbecoming of officers of the court, plus a few more tales from the dark side of the bar. Law360: acquitted
Read More »Kaye Scholer Follows Crisis Blueprint After Lawyer’s Arrest
Crisis management experts say Kaye Scholer LLP has given a textbook response to the arrest of one of its partners on criminal fraud charges, seeking to distance itself from the accusations and limit damage to its reputation as the scandal unfolds before a national audience. Law360: acquitted
Read More »Former Bank CEO Acquitted In Mortgage Fraud Plot
Law360, Chicago (January 19, 2016, 8:21 PM ET) — A Chicago jury on Tuesday acquitted a former bank CEO on all counts following a weeklong bank fraud trial, rejecting prosecutors’ claim that he orchestrated a mortgage fraud scheme to help a business associate get cash to pay him thousands of dollars in late rent.
Read More »