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Individual cryptocurrency owners concept

Prosecution Rises: Cryptocurrency Gatekeepers and Individual Owners

The popularity of cryptocurrency has been on the rise, and given its recent dramatic decline in value, the federal government is poised to step up its regulation and enforcement of criminal laws targeting its illegal use. The Biden administration has… Read More
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Double exposure of abstract creative financial diagram with world map and with finger clicks on a digital tablet on background, banking and accounting concept

SEC Prioritizes Insider Trading Enforcement

If 2021 is any indication, insider trading will remain a key enforcement area for the Securities and Exchange Commission (SEC) in 2022. While the total number of insider trading actions brought last year has declined, the actions that have been broug… Read More
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Categories: Securities
Female attorney helping client

Choosing the Best Criminal Defense Lawyer

It is important to know whether the person you choose will actually be handling your case at all stages of the proceedings. If a criminal case is in federal court, it is essential to have a lawyer who practices there regularly. Read More
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Disgorgement of profits

Liu Limits SEC's Ability to Seek Disgorgement in Federal Securities Cases

In 2016, the SEC charged Charles Liu and Xin Wang with defrauding Chinese investors in a project that the couple falsely claimed met the requirements of the EB-5 Investment Program, which is subject to federal securities laws. Fifty investors paid ne… Read More
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Categories: Securities
Lorenzo v. SEC

Lorenzo v. SEC: Rule 10(b)(5) of the Securities Exchange Act

In March of 2019, the U.S. Supreme Court decided Lorenzo v. SEC, deciding that someone who is not a “maker” of a false statement can nonetheless be held liable under Rule 10(b) of the Exchange Act for knowingly disseminating a misstatement made b… Read More
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Categories: Securities
FBI and CSI agents - Federal criminal investigation concept

What to Expect in a Federal Criminal Case

Facing criminal charges in federal court is intimidating and scary. Any criminal case, and a federal criminal case, in particular, is complicated. It can be helpful and reassuring to understand how a criminal case works, and what to expect. If you be… Read More
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Two businessmen shake hands insider trading concept

Second Circuit Update on Insider Trading Cases

On January 11, 2021, the U.S. Supreme Court vacated a Second Circuit decision that had affirmed four convictions for insider trading. The Supreme Court recommended that the lower court reconsider its finding that confidential government information c… Read More
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An Analysis: SEC 2020 Financial Fraud Actions

On September 30, 2020, the Securities and Exchange Commission (SEC) closed its books on FY2020 and, on November 2, released its 2020 Annual Report. Analysts have begun reviewing SEC enforcement actions to reach conclusions about the types of financia… Read More
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FEDERAL HEALTH CARE FRAUD – “Pill Mills,” Medicare “Anti-Kickback” Frauds This year, the U.S. Department of Justice brought charges against numerous doctors and health care professionals alleging illegal distribution of millions of opioids… Read More
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Supreme Court - Law Offices of Hope C. Lefeber

U.S. Supreme Court Holds No Pecuniary Benefit Necessary for Criminal Liability for Insider Trading

Today, the U.S. Supreme Court upheld the conviction of Balman, a Chicago grocery wholesaler, who received stock tips from a friend, who had received the inside information from Salman’s brother-in-law, an investment banker at Citigroup. The issue b… Read More
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Categories: Federal Law, Securities