I have often discussed the trial penalty here. Individuals are too often punished for going to trial. It appears that individuals in the Varsity Blues case have received a trial penalty for going to trial. The topic was covered by Law360 HERE. The Varsity Blues cases have been widely reported and involved wealthy parents paying to get children spots in…
Over the summer, the Biden administration issued a sweeping executive order aimed at boosting competition across the U.S. economy, including encouraging the Department of Justice (“DOJ”) and the Federal Trade Commission (“FTC”) to strengthen the 2016 guidance related to “no-poach” and wage-fixing criminal prosecutions. As early as October 2016, before the Biden administration, the DOJ warned that it was investigating…
Happy New Year! I am back after taking a break to recuperate from a 9-week health care fraud trial in the Southern District of Florida. Some news and notes to start 2022: Following the COVID-19 Omicron variant surge over the holidays, Big Law is postponing the return to office indefinitely. Quinn Emanuel and Mintz Levin are just two of many…
On September 15, Stefan He Qin, was sentenced to 90 months in prison for a Ponzi scheme that caused over $54 million in losses to investors. Qin pled guilty to one count of securities fraud and admitted to embezzling nearly $90 million from his cryptocurrency hedge fund. Qin then attempted to steal millions from his secondary fund to repay investors.…
I will be a guest blogger over at the Southern District of Florida Blog each Thursday. HERE is the announcement. Looking forward to this. Hope you will enjoy the blogging.