On April 1, 2020, the U.S. Court of Appeals for the Ninth Circuit affirmed a district court decision holding that a qui tam relator in a False Claims Act (“FCA”) action failed to file its complaint alleging Small Business Administration (“SBA”) loan fraud within the required statute of limitations.
In a unanimous opinion, the Supreme Court overturned the criminal convictions of the ‘Bridgegate’ co-conspirators, and ruled that government corruption in the exercise of regulatory power cannot be prosecuted as wire fraud.
The coronavirus pandemic continues to upend the global economy and is increasing compliance risks for businesses in the process.
As COVID-19 continues to claim lives and disrupt the global economy, the U.S. Securities and Exchange Commission (the “SEC”) has begun taking a number of actions to protect investors from COVID-19-related frauds.
When a person who is authorized to access information on a computer for certain purposes accesses the information for another, improper purpose, does that amount to a federal crime?
On April 20, 2020, the Supreme Court issued an opinion in Ramos v. Louisiana, ruling that the Sixth Amendment of the U.S. Constitution requires unanimous jury verdicts for a conviction in a criminal case.
On April 14, 2020, for the first time, the Department of Justice (“DOJ”) published a list identifying all corporate monitors actively engaged by companies as a part of criminal resolutions with the Criminal Division’s Fraud Section.
In a dramatic turn of events in what was the most publicly scrutinized FCPA case in years, a federal judge recently overturned a jury verdict finding Lawrence Hoskins guilty for violating the FCPA.
A recent decision out of the Southern District of New York emphasizes the importance of considering all obligations under the federal securities laws for any transaction that might involve a “security.”
The COVID-19 pandemic has caused enormous pain and financial harm and it will take months, or even years, before we know its full impact.
The SEC’s Enforcement Division recently issued a statement emphasizing the “importance of maintaining market integrity and following corporate controls” during the stock market volatility caused by the COVID-19 outbreak.1
Among the countless challenges caused by COVID-19, the pandemic has wreaked havoc on supply and demand patterns nationwide…