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Top Ten Federal Financial Fraud Recoveries of 2021

Posted  01/21/22
Money with Gavel and Handcuffs
While 2021 may have felt like more of the same as the pandemic dragged on, it marked some new trends in federal financial fraud recoveries. As we predicted last year, the Anti-Money Laundering Act of 2020 has heralded some large recoveries against banks. The Act also established an Anti-Money Laundering Whistleblower Program, so that whistleblowers who report financial institutions engaging in money laundering –...

The Dawn of Antitrust Whistleblowing

Posted  06/9/21
By Marlene Koury, Kristian Soltes
Attorney headshots of Marlene Koury and Kristian Soltes

Whistleblowing is crossing paths with antitrust enforcement. Expect the trend to accelerate.

In the past few years, whistleblowers have become increasingly instrumental in detecting and addressing corporate wrongdoing. Increased protections and financial incentives have encouraged whistleblowers to expose corruption and other wrongdoing, much of which would otherwise often go unnoticed. This phenomenon is also...

The Antitrust Week in Review

Posted  08/20/18
Here are some of the developments in antitrust news this past week that we found interesting and are following. Apple accused of pressuring game rivals in Japan: Nikkei.  Japanese regulators are investigating Apple Inc over allegations it unfairly pressured Yahoo Japan Corp to slow the expansion of its online games platform, which competes with Apple’s App Store, Japanese media reported on Thursday. The Fair...

The Antitrust Week in Review

Posted  08/13/18
Here are some of the developments in antitrust news this past week that we found interesting and are following. Beer drinkers lose U.S. appeal over Anheuser-SABMiller merger.  A federal appeals court on Wednesday rejected an antitrust challenge by 23 beer drinkers to Anheuser-Busch InBev SA’s (ABI.BR) $107 billion purchase in 2016 of SABMiller Plc, which they claimed would thwart competition and raise prices...

The Antitrust Week In Review

Posted  09/25/17
Here are some of the developments in antitrust news this past week that we found interesting and are following. Google offers to treat rivals equally via auction –sources.  Google has offered to display rival comparison shopping sites via an auction, as it aims to stave off further EU antitrust fines, four people familiar with the matter said.  Google is under pressure to come up with a big initiative to level...

The Antitrust Week In Review

Posted  05/22/17
Here are some of the developments in antitrust news this past week that we found interesting and are following. EU Fines Facebook 110 mln euros over WhatsApp deal.  European Union antitrust regulators fined Facebook 110 million euros ($122 million) on Thursday for giving misleading information during a vetting of its deal to acquire messaging service WhatsApp in 2014.  Calling it a "proportionate and deterrent...

The Antitrust Week In Review

Posted  05/1/17
Here are some of the developments in antitrust news this past week that we found interesting and are following U.S. Appeals Court Blocks Anthem Bid to Merge with Rival Cigna.  The U.S. Court of Appeals for the D.C. Circuit on Friday blocked health insurer Anthem Inc.'s bid to merge with Cigna, upholding a lower court's decision that the $54 billion deal should not be allowed because it would lead to higher prices...

The Antitrust Week In Review

Posted  04/24/17
Here are some of the developments in antitrust news this past week that we found interesting and are following. Anthem Denies Report of Talks with Justice Dept.Regarding Merger.  Health insurer Anthem Inc. denied a report on Thursday that it was in negotiations with the Justice Department in an effort to save its merger with smaller rival Cigna Corp.  The companies are awaiting a decision from a federal appeals...

The Antitrust Week In Review

Posted  02/27/17
Here are some of the developments in antitrust news this past week that we found interesting and are following. Should SCOTUS Review Nixed $7.2 Billion Credit-Card Antitrust Settlement?  Depending on which side you believe, when the U.S. Court of Appeals for the Second Circuit rejected the biggest antitrust class action settlement in history last June, the appeals court either: drastically misread U.S. Supreme...

The Antitrust Week In Review

Posted  02/20/17
Here are some of the developments in antitrust news this past week that we found interesting and are following. Anthem Sues Cigna to Block Termination of Merger.  Anthem on Wednesday won a temporary restraining order that blocks smaller rival Cigna from officially terminating their proposed $54 billion merger, a transaction already rejected by U.S. antitrust regulators.  The deal would have created the largest...
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