Thursday, February 25, 2010

In the News & Around the Blogosphere

Third Circuit Remands Brown (Rite-Aid) Case for Resentencing

An opinion issued by the Third Circuit Court of Appeals here affirmed the convictions of an individual who worked for the Rite Aid Corporation, on convictions for "conspiracy to commit accounting fraud, filing false statements with the SEC, conspiracy to obstruct justice, obstruction of grand jury proceedings, obstruction of government agency proceedings, and witness tampering."  Brown, age 76, received a sentence of ten years, but the sentencing was prior to Booker.  The court stated, "[l]acking this clairvoyance the Court failed to explain, in the manner now required, how it considered the factors listed in section 3553(a) in imposing Brown’s sentence."

See also Shannon P. Duffy, Legal Intelligencer,, 3rd Circuit Upholds Conviction of Former Rite Aid General Counsel


February 25, 2010 in Judicial Opinions, Sentencing | Permalink | Comments (0) | TrackBack (0)

In the News & Around the Blogosphere

Wednesday, February 24, 2010

Nadel Pleads Guilty

Michael Pollick & John Hielscher of the Sarasota Herald Tribune has the story here.

See also Thom Weidlich, Bloomberg, Florida Money Manager Nadel Pleads Guilty to Fraud


February 24, 2010 in Fraud, News, Prosecutions, Settlement | Permalink | Comments (0) | TrackBack (0)

Monday, February 22, 2010

In the News & Around the Blogosphere

Sunday, February 21, 2010

99 Year Sentence in State Case

We have seen some high sentences in white collar cases in federal court.  But it now looks like a high sentence is being given in a white collar state case.  Check out, press release, Texas State Securities Board,Jury Hands Down 99-Year Sentence for Architect of Multistate Securities Fraud.


February 21, 2010 in Fraud, News, Sentencing | Permalink | Comments (0) | TrackBack (0)

In the News & Around the Blogosphere

Memorial Site for Jack T. Litman z"l

Benjamin and Sacha Litman have created a wonderful memorial website for Jack T. Litman here

(esp) (see background here)

February 21, 2010 in Defense Counsel | Permalink | Comments (0) | TrackBack (0)