A panel of New York law school deans on Monday gave its stamp of approval to Gov. Kathy Hochul’s latest pick for the state’s ethics watchdog, which suffers from lame-duck status as two courts have agreed with lawyers for ex-Gov. Andrew Cuomo that the body was unconstitutionally created by lawmakers. The…

Former U.S. Rep George Santos, R-New York, pleaded guilty on Monday to charges of wire fraud and aggravated identity theft, less than a month before he was scheduled to face trial in the case. Santos, 36, admitted in court that he and a campaign staffer submitted false reports to the…

Paul, Weiss, Rifkind, Wharton & Garrison announced Monday the addition of finance group partner Kerri Durso from A&O Shearman. Durso, whose practice focuses on over-the-counter and exchange-traded derivatives, joins the group in New York. The hire is the latest in the firm’s recent expansion of corporate transactions talent, including in London with…

San Diego-based practice management and integrated payment software provider CARET, formerly known as AbacusNext, laid off at least three of its top executives in the period between mid-June and July to recover profits after the sale of their flagship product HotDocs to Mitratech. Among those let go include CARET CEO Keri Gohman; CARET chief revenue…

The Solicitors Regulation Authority has referred law firm Simpson Thacher & Bartlett to the Solicitors Disciplinary Tribunal in London over allegations of historic anti-money laundering compliance shortcomings. In a decision published on its website today, the SRA said there is a case to answer in respect of allegations that include…

The first half of 2024 saw a number of notable developments across the white collar and regulatory enforcement arena. In light of these trends, discussed more fully below, corporate counsel, compliance professionals, and board members should consider: Whether the confidentiality provisions in their companies’ employment agreements, consulting agreements, NDAs and…