White Collar
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A former executive for airport X-ray developer OSI Systems has been charged with using his inside knowledge of OSI and another company to earn more than half a million dollars on illegal securities transactions, federal prosecutors in California said Thursday, months after securities regulators sued over the same transactions… Read this piece in its entirety…
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Jussie Smollett said Wednesday that the city of Chicago, its police department and others participated in a malicious prosecution of the “Empire” actor after he was attacked earlier this year and then accused of staging the incident himself… Read this piece in its entirety at Law360.
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The U.S. Department of Justice announced a deal on Wednesday aimed at resolving suits seeking to seize assets stolen from the 1Malaysia Development Berhad sovereign investment fund, with $15 million of the expected $700 million recovery being set aside to pay lawyers for a key suspect in the scandal… Read this piece in its entirety…
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A group of major pharmaceutical companies has agreed to pay a combined $242 million to resolve allegations they bilked Illinois’ government by inflating prices for medicines covered by the state’s Medicaid program, the Prairie State’s attorney general announced Monday… Read this piece in its entirety at Law360.
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The pension fund for Chicago’s public transit workers has sued Dilworth Paxson LLP, a lawyer who formerly worked for the firm, and Greenberg Traurig LLP in Illinois court, claiming the firms’ participation in a tribal bond scam cost the pension fund some $6 million… Read this piece in its entirety at Law360.
Mike LaSusa 