White-Collar/Regulatory Archives - Page 33 of 42

DBJ: SEC Settles with Dallas Digital Firm After Allegedly Defrauding Investors

The U.S. Securities and Exchange Commission has settled with a Dallas digital company for millions of dollars. The agency said it made the deal with Bitqyck Inc. and its founders, who allegedly

August 29, 2019 Brian Womack of the Dallas Business Journal

Feds Seek More Than $17M in Forfeitures from Forest Park Defendants

The U.S. government is seeking more than $17 million in forfeitures from the seven defendants found guilty in April in the Forest Park medical fraud trial. Defrauded insurance companies could be demanding more. Bruce Tomaso has the latest in the Forest Park MC kickbacks case.

August 26, 2019 Bruce Tomaso

SAExploration Fires GC, Dismisses CEO Amid SEC Probe

The SEC is investigating Houston-based SAExploration Holdings for allegedly providing “material misstatements” and misleading financial information to investors and the federal agency over the past four years. In response, the oilfield services company says it will cooperate with the SEC, is restating past financial reports, has fired its general counsel and has removed its chairman and chief executive officer.

August 21, 2019 Mark Curriden

Judge Awards $339M in Home Healthcare Fraud Qui Tam Action

A federal judge in Dallas on Wednesday ordered four healthcare professionals to pay the federal government $339.4 million in a whistleblower action tied to one of the largest home healthcare fraud cases in U.S. history.

August 15, 2019 Natalie Posgate

Six Forest Park Defendants Seek Acquittals or New Hearings

In separate pleadings filed last week, six of the defendants found guilty in the spring for their roles in a bribery and kickback scheme at the now-defunct Forest Park Medical Center are asking the U.S. District Court in Dallas for judgments of acquittal or, alternatively, new trials. Texas Lawbook correspondent Bruce Tomaso provides a summary of the arguments.

August 15, 2019 Bruce Tomaso

Stanford Receiver Asks Full Fifth Circuit to Reverse Panel’s $65M Settlement Annulment

Three federal appeals court judges got it all wrong six weeks ago when they invalidated a $65 million settlement in the eight-year litigation battle over the Allen Stanford Ponzi scheme, according to motions filed Wednesday by Stanford receiver Ralph Janvey, who wants the Fifth Circuit to reconsider the case en banc.

August 1, 2019 Mark Curriden

Convicted Forest Park Surgeon Asks For New Trial

A prominent Dallas spinal surgeon convicted in the Forest Park Medical Center fraud case is seeking a new trial. The filing on Monday by David Gerger of Houston-based Gerger Khalil & Hennessy, claims a string of harmful errors by federal prosecutors and the trial judge requires that the conviction in April of Dr. Michael Rimlawi be vacated. Bruce Tomaso has the story.

July 29, 2019 Bruce Tomaso

SEC Trial Lawyer Joins Gray Reed as White-Collar Defense Practice Leader

After close to a decade at the SEC’s Fort Worth Regional Office, Chris Davis has returned to private practice. Davis was involved in the high profile cases and first-impression matters against AriseBank and 1Broker at the regulatory agency.

July 29, 2019 Brooks Igo

Federal Home Loan Bank Officials Plead Guilty in $1.2M Scheme

Three former executives of the Federal Home Loan Bank in Dallas – including its ex-president – have pleaded guilty to charges that they conspired to make false statements and filed bogus reimbursement requests to the government-sponsored mortgage lender in a $1.2 million fraudulent scam.

July 23, 2019 Mark Curriden

SEC’s David Peavler: His First 10 Days on the Job

The former HD Vest Financial GC started his new job as the regional director of the U.S. Securities and Exchange Commission’s Fort Worth office last Monday. In an exclusive interview, Peavler says he faces significant challenges but people need to know about one change from his predecessor.

July 16, 2019 Mark Curriden