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Insider trading has a new record sentence — the new holder? An attorney. When the scheme was exposed, Robinson cooperated with the investigation leading to the arrests of Bauer and Kluger. On December 14, 2011, Kluger plead guilty to four charges for obstruction of justice, money laundering, conspiracy to commit securities fraud and securities fraud, all in violation of the U.S. Code. This week, the Third Circuit affirmed Kluger’s twelve-year sentence, “the longest insider-trading sentence ever imposed....

Attorneys often share certain traits, both by training and inclination. Competitiveness is perhaps the most known and celebrated. Most are also skilled at catastrophizing, to anticipate and avoid the worst outcome in a given situation. Lawyers look for and attack weaknesses. To be as persuasive as possible, attorneys must present themselves as experts on a variety of topics. These traits make for good lawyers. They aren’t exactly needed at a wedding reception, however....

District court judgment denying plaintiff’s request for exoneration from, or limitation of, liability for a maritime accident is affirmed where substantial evidence supported the court’s finding that the accident was a result of negligence and unseaworthiness, and that plaintiff did not lack privity or knowledge. Read Messina v. White, No. 08-1224 Appellate InformationAppeal from the United States District Court for the Eastern District of New York. Argued: April 20, 2009Decided: July 31, 2009...

On Monday, the Fifth Circuit struck down President Obama’s immigration plan. That plan, which would halt many deportations and provide work permits to five million undocumented immigrants, exceeded the authority of the Executive branch. Now, the President is seeking Supreme Court review, setting up the Court up for a potentially dramatic ruling next June, on the eve of Democratic and Republican parties’ nominating conventions. Will SCOTUS take the bait? President Obama’s Long-Paused Immigration Reform When immigration reform died in Congress in 2013, President Obama pledged that he would take matters into his own hands....

A spat over 10 minutes’ pay can turn into a federal appellate case. Leslie Montgomery worked for Kyle and Kathy Havner at the Havner Law Firm in Pine Bluff, Arkansas. Kathy was the office manager for the firm. Beginning early in Montgomery’s employment at the firm, Montgomery and Kathy had disagreements about Montgomery’s choice of dress, use of Facebook during work hours, and entry into the office after hours. The disagreements ultimately resulted in Montgomery’s termination....

The U.S. Tenth Circuit Court of Appeals called it textbook negligence. If so, it could well end up in a law school casebook someday. But they’ll probably call it the “prison tear-gas case” because that’s what happened. Prison officials accidentally gassed 100 men inside their cells. There was nothing they could do about it then, and according to the appeals court, they can’t do a thing about it now. Accidental Tear Gas In Redmon v....

Denial of Declaratory Judgment in Insurance Case Affirmed In R&J Enterprizes v. Gen’l. Cas. Co. of Wis., No. 09-3887, an action seeking a declaration that defendant-insurer owed plaintiff under its commercial marketplace policy and damages under several theories of liability, the court affirmed summary judgment for defendant where 1) the policy unambiguously precluded coverage for dishonest acts of an employee with an intent to procure enhanced compensation from the employer; 2) plaintiff was not entitled to coverage under the reasonable expectations doctrine; and 3) mere inequality in bargaining power did not make the contract unconscionable....

Many people know that the three branches of the United States government were created with the idea of checks and balances in mind. The Supreme Court, part of the judicial branch, evaluates the constitutionality of the laws created by the legislative branch and actions taken by the executive branch. Although it possesses great power, the Supreme Court is unusual in that its members are not selected by any kind of public vote....

Few people, fewer famous people, and even fewer United States presidents tweet like Donald Trump. And while his output may be limitless, the president has limited the input to his Twitter account in the form of blocking certain users from commenting on his tweets. The only problem, legally speaking, is that these blocks also prevent users from seeing his tweets as well. And that, according to the Second Circuit, is unconstitutional....

This week, the High Court issued their first opinion of the Fall 2018 term. The case, Mount Lemmon Fire District v. Guido, involved the statutory interpretation of the Age Discrimination in Employment Act’s 1974 revision which added liability to state and local governments. At issue was whether that liability existed regardless of the size of the local government, as the ADEA only applies to private employers with 20 or more employees....

A new strip club that was planning on opening in the same spot as a closed down strip club recently filed a federal lawsuit in the U.S. District Court for the Northern District of Indiana when the City of Fort Wayne refused to allow the new club to open. While the city’s ordinances clearly would prohibit the strip club from opening in the disputed location, the location had been “grandfathered” in....

“Perhaps you’ve seen online photos and videos of drones with attached guns, bombs, fireworks, flamethrowers, and other dangerous items. Do not consider attaching any items such as these to a drone because operating a drone with such an item may result in significant harm to a person and to your bank account.” Thank you for the tip, Federal Aviation Administration. And where might we have seen online photos and videos of a flamethrower-outfitted drone?...

Ms. JD and Latham & Watkins LLP Present: Cutting to the Front of the Line: OCI Preparation Skills OCI Week: Why OCI Matters, and More Resume Tips OCI Week: Five Tips for Acing the Law Firm Interview Done With OCI? 5 Tips for Your Thank-You Notes OCI Week: What to Wear to a Law Firm Interview, His and Hers Tips Related Resources: It’s the Climb: Goal Setting for Law School (FindLaw’s Greedy Associates Blog) The Post-OCI Process: Now, What?...

Duke Roheln knows how to sell a business. It’s not just because he has started and sold four companies for over $1 billion. That doesn’t hurt, of course. What really sets him apart is his approach. It was enough to catch the attention of Forbes, which revealed Roheln’s secrets. It’s like a recipe for success in three steps. Then you get the big one. Step One - Create a Deal Roheln, a techpreneur, says the merger and acquisition process is “as much art as it is science....

Defendant’s sentence for possessing unauthorized access devices is affirmed where: 1) nothing in either the plain language of 18 U.S.C. section 1029 or the case law required that an “access device” contain information identifying a particular person as its owner; and 2) the district court sufficiently explained that the Guidelines did not account for defendant’s particular type of recidivism. Read US v. Truong, No. 08-10446 Appellate Information Argued and Submitted September 14, 2009...

Customers who have seen their personal information stolen due to corporate data breaches have suffered recognizable injuries and have standing to sue, the Seventh Circuit ruled in late July. The court’s holding revived a consumer class action against Neiman Marcus. Customers had sued after a data breach exposed their personal information and credit card numbers. The ruling could be a boon for consumer advocates and class action lawyers, helping to reduce a major roadblock to litigation....

And then there were three. Or, maybe two. President Donald Trump has narrowed his list of potential Supreme Court nominees down to three main contenders, Politico reported yesterday. Neil Gorsuch and Thomas Hardiman, of the Tenth and Third Circuits, respectively, are the two front runners. William Pryor, once considered one of the most likely picks, “remains in the running but is fading,” according to insiders who spoke with Politico. So, which of the three will it be?...

The Supreme Court heard lively oral arguments this morning in a case over whether religious organizations must comply with Affordable Care Act rules on the provisioning of contraception through employee health insurance plans. Those employers, which include religious universities, hospitals, and one group of nuns, don’t actually provide contraception directly, however. They are already exempt from that requirement. Once they notify the government of their objections, their insurer handles employee contraception on its own....

The makers of the blood-thinning drug Xarelto, Bayer and Johnson & Johnson, have agreed to settle the 25,000 consolidated cases against them for $775 million. The massive mass tort settlement resolved the cases by creating a fund that the individual plaintiffs in each case can seek compensation from. Curiously, in six of the trials of individual cases, the drug makers actually won. However, facing mounting litigation costs for continuing to battle it out, the companies’ statement explains that settling was an economic decision....

Arthur and Kathleen Brietman say they raised funds for their cryptocurrency startup, but they had no obligation to give contributors any tokens back. Of course, that was a surprise to the people who sued in four class actions. They say the Brietmans defrauded them and violated securities laws in a $232 million “crowdsale.” A judge says the plaintiffs have a case, and his say-so matters most. The plaintiffs may not get any tokens, but their case raises new questions about whether digital currencies are subject to securities laws....