Constantine Cannon's Ethan Litwin Recognized as One of the Top 500 Litigators in America by Lawdragon

Constantine Cannon is pleased to announce that Ethan Litwin has again been named as one of the Top 500 litigators in America by Lawdragon in its “2024 Lawdragon 500 Leading Litigators in America” list. According to Lawdragon, this annual list recognizes top attorneys who represent corporations in cases involving, among other areas, antitrust, financial and securities litigation, intellectual property, and commercial real estate. Mr. Litwin is a partner in the...

September 27, 2023

The CFTC has awarded more than $300,000 to a whistleblower whose tip led to an investigation and whose aid led to a successful enforcement action. The whistleblower’s information was described as particularly informative and precise, and helped save the agency substantial resources.  CFTC

September 19, 2023

Two whistleblowers who provided significant information and assistance to the CFTC has been awarded over $15 million for aiding in successful enforcement actions.  According to the agency, one whistleblower interpreted key evidence and helped identify new lines of inquiry, while the second whistleblower provided information that launched the investigation, provided a corroborating witness, and provided a declaration in support.  CFTC

Constantine Cannon Attorney Chris McLamb Recognized in “Lawdragon 500 X – The Next Generation” List

Constantine Cannon is pleased to announce that attorney Chris McLamb has been named to Lawdragon’s “2023 Lawdragon 500 X – The Next Generation” list. According to Lawdragon, this inaugural list recognizes top attorneys who “will define where the legal profession of our country goes.”  During its selection process, Lawdragon conducted hundreds of hours of research on thousands of candidates.  The final list features attorneys from a broad array of practices...

Beware of Salty Snacks and Candy Containing THC

On Wednesday (July 5), the FTC and FDA jointly issued cease and desist letters to several companies selling various food products containing THC, the key psychoactive ingredient in marijuana.  In announcing the enforcement action, the government made it clear the problem is not the sale of these products.  It is how they are selling them, which according to the agencies is in almost identical packaging to many snacks and candy...

Six Constantine Cannon Attorneys Recognized in “2023 Lawdragon 500 Leading Plaintiff Financial Lawyers” Edition

Constantine Cannon is pleased to announce that six of its attorneys have been named to Lawdragon’s “500 Leading Plaintiff Financial Lawyers” list. According to Lawdragon, this annual list recognizes the top attorneys in the nation who represent plaintiffs in securities and other business litigation, antitrust, whistleblower claims, and increasingly complex financial litigation and data privacy invasions. The list of Constantine Cannon honorees includes a diverse group of deeply-experienced attorneys in...

February 16, 2023

Derivative clearing organization (DCO) The Options Clearing Corporation (“OCC”) has been ordered to pay $17 million to the SEC and $5 million to the CFTC for its failure to establish, implement, maintain, and enforce policies and procedures to manage operational risks related to its automated systems, in violation of numerous rules and regulations, including the Commodity Exchange Act and CFTC regulations called DCO Core Principles.  Due to those deficiencies, between...

Top Ten Federal Financial and Healthcare Fraud Prison Sentences of 2022

Financial and healthcare fraud often can carry stiff monetary penalties for entities facing government enforcement, as shown on our other Top Ten Lists. Whistleblowers reporting wrongful conduct under one of the federal whistleblower reward laws sometimes find that criminal authorities are as interested in their allegations as civil enforcement agencies and authorities. Fraud can also result in criminal charges and prison sentences for the individual perpetrators of the fraud. The...

Top Ten Federal Financial Fraud Recoveries of 2022

Federal enforcement of financial fraud takes many forms.  This year, thanks to positive developments in the world of money-laundering enforcement, we have expanded our Top Ten Lists related to federal financial fraud. In addition to documenting SEC and CFTC enforcement actions, FCPA enforcement, and money-laundering enforcement, the following list focuses on financial fraud in other realms. The Consumer Financial Protection Bureau (“CFPB”) had an active enforcement year. Several of the...

Top Ten State Fraud Recoveries of 2022

State and local governments play a critical role in ensuring that businesses and individuals are held accountable if they commit healthcare fraud, financial fraud, government contract fraud, and more. For whistleblowers, state governments can offer additional opportunities to report wrongdoing. Where government funds are at stake – and state and local government spending reaching $3 trillion annually – more than 30 states have False Claims Acts that are modeled after...