On February 6, bipartisan members of the US Helsinki Commission, led by Chairman Senator Roger Wicker, called on US Attorney General Pam Bondi, US Secretary of the Treasury Scott Bessent, and US Secretary of Commerce Howard...more
On January 22, 2026, the US Department of Justice (DOJ) Criminal Division’s Fraud Section released its 2025 Year in Review (the Report), detailing its enforcement efforts and priorities....more
2/12/2026
/ Corporate Misconduct ,
Deferred Prosecution Agreements ,
Department of Justice (DOJ) ,
Enforcement Actions ,
Foreign Corrupt Practices Act (FCPA) ,
Fraud ,
Healthcare Fraud ,
Indictments ,
Non-Prosecution Agreements ,
Popular ,
White Collar Crimes
In an update earlier last year, we highlighted the ongoing legal developments in connection with key cases surrounding the London InterBank Offered Rate (LIBOR) manipulation scandal with respect to a pending United Kingdom...more
DOJ Reports Record FY 2025 False Claims Act Recoveries Exceeding $6.8 Billion -
The US Department of Justice (DOJ) announced a record $6.8 billion in False Claims Act (FCA) settlements and judgments for fiscal year 2025,...more
Aerospace and Defense Contractor Resolves False Claims Act Allegations for $1.5 Million -
On January 5, the US Department of Justice (DOJ) announced that Teledyne RISI Inc., also known as Teledyne Electronic Safety Products,...more
1/13/2026
/ Aerospace ,
Anti-Kickback Statute ,
Defense Sector ,
Department of Justice (DOJ) ,
False Claims Act (FCA) ,
Healthcare Fraud ,
Insider Trading ,
Market Manipulation ,
Medicare ,
Popular ,
Securities Fraud
For the first time in 15 years, the World Bank Group (WBG) has updated their Integrity Compliance Guidelines....more
DOJ Seizes $15 Billion in Bitcoin in Cryptocurrency Fraud Scheme -
The US Department of Justice (DOJ) unsealed an indictment charging Cambodian national Chen Zhi, founder and chairman of Prince Holding Group, with wire fraud...more
10/21/2025
/ Antitrust Violations ,
Bitcoin ,
Class Action ,
Cryptocurrency ,
Department of Justice (DOJ) ,
Enforcement Actions ,
Insurance Litigation ,
Money Laundering ,
Popular ,
Securities Litigation ,
White Collar Crimes
Fourth Circuit Appeal Challenges Six-Year Sentence in $10 Million Medicaid Fraud Case -
A former physician assistant, Colby Edward Joyner, has asked the US Court of Appeals for the Fourth Circuit to overturn his six-year...more
10/14/2025
/ Appeals ,
Coronavirus/COVID-19 ,
Criminal Conspiracy ,
Department of Justice (DOJ) ,
Healthcare Fraud ,
Loans ,
Medicaid ,
Popular ,
Sentencing ,
UK ,
Wire Fraud
In a recent alert, we highlighted the United Kingdom (UK) benchmark manipulation cases of Tom Hayes and Carlo Palombo from 2015 and 2019, respectively. Hayes was the first banker to be jailed in the LIBOR scandal....more
9/5/2025
/ Appeals ,
Banking Sector ,
Benchmarks ,
CFTC ,
Criminal Appeals ,
Criminal Conspiracy ,
Criminal Prosecution ,
Department of Justice (DOJ) ,
Enforcement Actions ,
EURIBOR ,
Financial Institutions ,
Fraud ,
Interest Rates ,
Libor ,
Market Manipulation ,
Serious Fraud Office (SFO) ,
SFO ,
UK ,
UK Supreme Court
The US Department of Justice (DOJ) declined to prosecute Liberty Mutual after the insurer voluntarily self-disclosed misconduct....more
Patio Furniture Firm Pays Millions for Dodging Import Duties -
Grosfillex Inc., a Pennsylvania-based patio furniture company, has agreed to pay $4.9 million to resolve allegations that it violated the False Claims Act...more
8/4/2025
/ Countervailing Duties ,
Customs and Border Protection ,
Cybersecurity ,
Department of Justice (DOJ) ,
Enforcement Actions ,
False Claims Act (FCA) ,
Fraud ,
Imports ,
International Trade ,
Money Laundering ,
Whistleblowers
Johnson & Johnson Challenges the Constitutionality of FCA $1.6 Billion Verdict -
Following a record $1.6 billion jury verdict for off-label promotion of HIV drugs Prezista and Intelence, Johnson & Johnson (J&J) subsidiary...more
7/28/2025
/ Anti-Kickback Statute ,
Appeals ,
CARES Act ,
Constitutional Challenges ,
Coronavirus/COVID-19 ,
Department of Justice (DOJ) ,
Economic Injury Disaster Loans ,
False Claims Act (FCA) ,
First Amendment ,
Jury Verdicts ,
Paycheck Protection Program (PPP) ,
Penalties ,
Pharmaceutical Industry ,
Prescription Drugs ,
Scienter ,
Tax Fraud ,
Whistleblowers
On July 8, the US Department of Justice’s (DOJ) Antitrust Division, in partnership with the United States Postal Service (USPS), announced the launch of a Whistleblower Rewards Program. This new initiative is designed to...more
On June 9, Deputy US Attorney General Todd Blanche issued a memorandum outlining new guidelines for the enforcement of the Foreign Corrupt Practices Act (FCPA)....more
The US Department of Justice (DOJ) revised its Criminal Division Corporate Enforcement and Voluntary Disclosure Policy (CEP), outlining the benefits a company may earn by voluntarily self-disclosing misconduct, as well as the...more
DOJ Announces Updated White-Collar Enforcement Priorities and Revised Policies -
Earlier this week, the Criminal Division of the US Department of Justice (DOJ) introduced a new white-collar enforcement plan, which sets...more
5/19/2025
/ Anti-Kickback Statute ,
Department of Justice (DOJ) ,
Enforcement Priorities ,
False Claims Act (FCA) ,
Fraud ,
Healthcare Fraud ,
Investment Fraud ,
Securities Fraud ,
Settlement ,
Whistleblowers ,
White Collar Crimes
On May 12, Matthew R. Galeotti, the head of the US Department of Justice’s (DOJ) Criminal Division, announced a new white collar enforcement plan, outlined changes to the Corporate Enforcement and Voluntary Disclosure Policy,...more
Seabrook Rehab Center to Pay $19.75 Million for FCA Violations -
A New Jersey drug and alcohol rehabilitation center, Seabrook, will pay $19.75 million to resolve allegations that it violated the False Claims Act (FCA) by...more
5/12/2025
/ Criminal Prosecution ,
Department of Justice (DOJ) ,
False Claims Act (FCA) ,
Fraud ,
Healthcare Facilities ,
Healthcare Fraud ,
Medicaid ,
Medicare ,
Medicare Fraud ,
Paycheck Protection Program (PPP) ,
Settlement ,
Whistleblowers
On April 2, California Attorney General (AG) Rob Bonta issued an alert reminding businesses operating in California that it is illegal to violate the Foreign Corrupt Practices Act (FCPA)....more
4/10/2025
/ Anti-Corruption ,
Bribery ,
California ,
Compliance ,
Corporate Governance ,
Department of Justice (DOJ) ,
Enforcement Actions ,
Foreign Corrupt Practices Act (FCPA) ,
Regulatory Requirements ,
State Attorneys General ,
Unfair Competition Law (UCL)
During the London InterBank Offered Rate (LIBOR) transition, and post LIBOR’s end date of June 30, 2023, the goal for all should be that (1) the effective interest rates be generally economically equivalent as a result of the...more
3/25/2025
/ Banking Sector ,
Borrowers ,
Final Rules ,
Financial Conduct Authority (FCA) ,
Financial Institutions ,
Financial Markets ,
Financial Regulatory Reform ,
Interest Rates ,
IRS ,
Libor ,
Loans ,
Regulatory Requirements ,
Secured Overnight Funding Rate (SOFR) ,
UK
Following a whistleblower complaint filed by Andrew Hersh in 2020, a Florida businessman, Patrick Walsh, and 10 companies he owned or operated entered into a civil settlement for over $20 million to resolve False Claims Act...more
Jury Clears SuperValu of Liability in Whistleblower FCA Prescription Pricing Case -
A federal jury in Illinois recently found SuperValu not liable in a whistleblower lawsuit that accused the company of overcharging the...more
3/10/2025
/ Anti-Kickback Statute ,
Centers for Medicare & Medicaid Services (CMS) ,
Department of Justice (DOJ) ,
False Claims Act (FCA) ,
Health Care Providers ,
Healthcare Fraud ,
Kickbacks ,
Medicare ,
Medicare Fraud ,
Prescription Drugs ,
SCOTUS ,
Settlement ,
Whistleblowers
Last week, Attorney General Pamela Bondi issued 14 memoranda outlining new enforcement priorities at the US Department of Justice (DOJ). Notably, DOJ resources will shift away from the Foreign Corrupt Practices Act (FCPA) and...more
2/11/2025
/ Anti-Corruption ,
Attorney General ,
Corporate Governance ,
Criminal Prosecution ,
Department of Justice (DOJ) ,
Enforcement Actions ,
Foreign Agents Registration Act (FARA) ,
Foreign Corrupt Practices Act (FCPA) ,
Human Trafficking ,
Regulatory Requirements ,
White Collar Crimes
On October 1, 2024, the United Kingdom Financial Conduct Authority (UK FCA) phased out ‘Zombie’ LIBOR, as a transitional benchmark, with the move to alternative “risk-free” rates....more
2/6/2025
/ Banks ,
Benchmarks ,
Criminal Prosecution ,
Department of Justice (DOJ) ,
Enforcement ,
Financial Conduct Authority (FCA) ,
Financial Institutions ,
Financial Regulatory Reform ,
Fraud ,
Interest Rates ,
Libor ,
UK
California Doctor to Pay $3 Million for Insider Trading -
On December 18, a California oncologist agreed to pay the US Securities and Exchange Commission (SEC) $3 million to resolve allegations of insider trading. The SEC...more
12/23/2024
/ Bribery ,
California ,
Civil Monetary Penalty ,
Foreign Agents Registration Act (FARA) ,
Foreign Nationals ,
Insider Trading ,
Motion to Dismiss ,
Quid Pro Quo ,
SDN List ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act of 1934