White Collar Briefly
White Collar Briefly
Drawing from breaking news, ever changing government priorities, and significant judicial decisions, this blog from Perkins Coie’s White Collar and Investigations group highlights key considerations and offers practical insights aimed to guide corporate stakeholders and counselors through an evolving regulatory environment. Subscribe 🡢
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Crime Doesn’t Pay, But Defendants Still Left with the Bill
The U.S. Court of the Appeals for the Ninth Circuit recently held that criminal defendants who gain unlawful proceeds from certain offenses must pay back those proceeds—even when they no longer possess them.
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Germany Proposes New Corporate Sanctions Act with Global Reach
The German Federal Ministry of Justice and Consumer Protection recently presented draft legislation to Parliament that could pose a marked shift in how corporate crimes are sanctioned in Germany.
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DOJ Brings Novel RICO Charges Against Alleged Spoofers
The DOJ has raised the stakes in criminal spoofing enforcement, unveiling sweeping charges against three traders who allegedly conspired to manipulate the precious metals market.
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DOJ Leveraging Data Analytics To Detect Fraud
The DOJ is increasingly using a "data focused approach" to identify economic crime and corporate misconduct, according to a DOJ official.
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Second Circuit Affirms Broad Reading of Sec. 666 Bribery
The Supreme Court's 2016 decision in United States v. McDonnell raised questions about the constitutionality of expansive interpretations of federal bribery statutes.
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UK Regulator Sets High Bar for Corporate Cooperators
Last month, the UK Serious Fraud Office ("SFO") published non-binding, internal guidance expanding on its view of corporate cooperation in prosecutions.
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American Indian Tribes and “Foreign Officials” Under the FCPA
One of the many challenges companies face when assessing their Foreign Corrupt Practices Act ("FCPA") liability is determining whether a potential business partner constitutes a "foreign government official" under the FCPA.
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SCOTUS Considers Challenge to DOJ’s “Bridgegate” Theory
The Supreme Court recently granted certiorari in a criminal case arising from a fraudulent scheme to cause massive gridlock at the George Washington Bridge in September 2013—otherwise known as the "Bridgegate" scandal.
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Highlights from Transnational Crime Conference: Expanding Anti-Corruption Enforcement & Cross-Border Cooperation
Last month, attorneys from around the world descended upon Buenos Aires to tango with criminal justice and anti-corruption experts at the International Bar Association's 22nd Annual Transnational Crime Conference.
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Corporate Execs Indicted in First-Ever “Failure to Report” Consumer Safety Case
In March 2019, the U.S.
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Cooperation Credit Under New DOJ False Claims Act Guidance
On May 7, 2019, the Department of Justice (DOJ) released long awaited guidance on how it will evaluate and credit cooperation in False Claims Act (FCA) cases.
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Supreme Court Declines to Resolve Circuit Split Over Liability in Tender Offer Suits
Section 14(e) of the Securities Exchange Act prohibits deceptive conduct when making a tender offer to shareholders.
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The Romaine Risk—Highlights from the 2019 ACI “Food Law” Summit
Imported food contaminants, potential criminal liability for allergen-related deaths, and a growing demand for hemp seed and cannabidiol (CBD) products amidst regulatory uncertainty were all topics of discussion at this year's American Conference Institute (ACI) Advanced Summit on Food Law Regulation, Compliance, and Litigation,
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DOJ Abandons "Secondary" Spoofing Case
After software developer Jitesh Thakkar's criminal trial on "spoofing"-related charges ended in a mistrial two weeks ago, the Government determined it will not seek to retry the case.
Novel Spoofing Case Against Software Developer Ends in Mistrial
Following a week of trial proceedings in the case of defendant Jittesh Thakkar—a software programmer indicted in February 2018 on conspiracy and aiding and abetting charges related to a spoof trading scheme—the government's case against Thakkar ended in a mistrial.