Ten doctors, two executives and their businesses have been indicted on federal conspiracy charges by a Dallas grand jury for allegedly perpetrating a kickback scheme. At the center of the alleged scheme are two businessmen who were also part of the massive Forest Park Medical Center kickback scheme.
SEC: Houston Man Illegally Used Wife’s Insider Info for $1.76M in Profits
Correction: This story has been updated to correct the spelling of the last name of the man accused of insider trading. The Lawbook regrets the error.
The U.S. Securities and Exchange Commission filed federal insider trading charges Thursday accusing a Houston man with using information he obtained from his wife, who worked in the M&A division at BP, to illegally profit from the British-based oil conglomerate’s $1.3 billion acquisition of TravelCenters of America one year ago.
When Shared Profits Create Shared Liability: Two Dallas Software Company Founders Indicted in $70M Healthcare Fraud Charges
On Jan. 10, two practice management software company founders and two physicians were indicted to the tune of $70 million for allegedly submitting false claims to private insurers. For in-house counsel and business leaders looking to understand the larger implications of this indictment, there is a clear takeaway. If your company provides any kind of business management software, you might have a shared responsibility for how that software is used once it leaves your four walls.
Former FERC Leader Joins Baker Botts in Houston
Baker Botts announced Monday the addition of David Applebaum, a former head of the Federal Energy Regulatory Commission, from Jones Day. It is the firm’s fourth lateral partner hire in Texas this year.
A Pro Bono Star is Born at Katten
In the first year of her law practice, Dallas associate Grace Caputo handled a significant asylum pro bono case. Her work on this matter resulted in a favorable outcome for her client and an internal pro bono award. In this sponsored Q&A, Caputo and Katten Dallas managing partner Mark Solomon tell us more.
Fifth Circuit Panel Hears Round 2 Challenge to SEC’s ‘No Admit, No Deny’ Policy
Christopher Novinger, of Mansfield, was before the Fifth Circuit for the second time on Thursday morning seeking relief from a “no admit, no deny” provision in a 2016 settlement agreement he entered with the U.S. Securities and Exchange Commission. In July 2022 a different panel of that court rejected his attempt to free himself from the gag order provision via a Rule 60(b) motion that argued the “no deny” portion of the policy violated his First Amendment and due process rights.
IRS Leans “Green” — Much-Awaited Section 45V Guidance Creates New Opportunities for Hydrogen Markets
The proposed regulations address many gating questions, including providing rules for determining lifecycle greenhouse gas emissions rates resulting from hydrogen production processes and the introduction of qualified “energy attribute certificates” to ensure feedstock electricity source eligibility.
What to Know About Wearables for the New Texas Privacy Act
As people head back to the gym to meet their New Year resolutions, more wearable devices are used, but what are their privacy concerns?
Matt Orwig Says Goodbye to the Billable Hour
After 17 years with the U.S. Department of Justice and 20 years as a trial lawyer and white-collar criminal defense lawyer with some of the largest corporate law firms in the world, Matt Orwig officially retires from the law practice Monday. From federal judges to corporate general counsel, lawyers tell The Texas Lawbook the impact Orwig had on their career.
“In addition to being a skilled advocate, he was a wonderful teacher, mentor, and colleague who always made time to answer my questions and to strategize about cases,” Judge Irma Ramirez, who was recently confirmed to the U.S. Court of Appeals for the Fifth Circuit, said. “Matt is a genuinely kind person who cares about everyone around him, and he is the kind of friend on whom you can always count.”
Navigating the AI Data Minefield: Safeguarding Personal Information Amidst Evolving Terms and Conditions
In the past year, tools and programs such as ChatGPT, OpenAI, and GitHub Copilot, among others, have surged into mainstream popularity. While they have proven to be immensely valuable tools, there has been an equal concern towards their “independent” actions that has largely stoked immense fear in the eyes of many consumers. This contrasting dilemma has struck a rift between companies hoping to effectively utilize these tools of the future for economic growth, and their consumers uneasy worry of the potential consequences.