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Investment Fraud Financial Institutions White Collar Crimes

DarrowEverett LLP

The DOJ’s New White-Collar Agenda: Implications for Businesses

DarrowEverett LLP on

On May 12, 2025, the Department of Justice (the “DOJ”) released its criminal—and, more specifically, white collar crime enforcement—initiatives under the current administration. This is typical each time new leadership...more

Ballard Spahr LLP

DOJ Announces Restructuring Within Fraud Section

Ballard Spahr LLP on

Assistant Attorney General Brian A. Benczkowski announced the restructuring of the U.S. Department of Justice’s Securities and Financial Fraud Unit within the Fraud section of the Criminal Division. The unit will now be known...more

Ballard Spahr LLP

Alleged BSA Violations Do Not Support Civil Negligence/Fraud Claims – Again

Ballard Spahr LLP on

As we have blogged, courts have held that financial institutions generally do not owe a duty of care to a noncustomer and that no special duty of care arises from the duties and obligations set forth in the Bank Secrecy Act...more

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