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A recent California appellate decision has thrown into doubt one of the most fundamental principles of corporate law: that shareholders, even when passive, have legal rights that are enforceable and protected. By denying recovery to a publicly held company defrauded by its own CEO—and by treating that CEO’s fraud as the company’s own—the court effectively [...]

The US Supreme Court heard oral arguments Tuesday concerning obstruction of justice charges in cases related to the January 6 riots at the US Capitol building in 2021. Several justices, including the court’s conservative bloc, expressed skepticism with the government’s broad reading of 18 U.S.C. § 1512(c), the statute used to charge the alleged rioters. [...]

The US Supreme Court will hear arguments on Monday in Snyder v. United States, a case involving illegal gratuities paid to a local government official. The issue is whether the federal government can use 18 U.S.C. § 666(a)(1)(B)—known as federal funds bribery—to prosecute those who give and take illegal gratuities or whether the statute only [...]

Jeffrey Skilling, founder and ex-Enron CEO imprisoned for his involvement in the high-profile corporate fraud scandal publicized in 2001, was released from federal custody on Thursday after serving more than 12 years in prison. A jury convicted Skilling in May 2006 on 19 counts of conspiracy, securities fraud, insider trading and lying to auditors for [...]

JURIST Guest Columnist Nicholas M. Wooldridge discusses judge Aaron Persky's sentencing of convicted Stanford sex offender Brock Turner...Brock Allen Turner was convicted of three felony counts related to his digital penetration of an unconscious victim behind a dumpster at a...

JURIST Guest Columnist Randall D. Eliason of the George Washington University Law School discusses DOJ's recent opposition to relaxed sentencing guidelines ... On March 12, 2015, the US Sentencing Commission held a public hearing on its annual proposed amendments to...

JURIST Guest Columnist Andrew D. Leipold of the University of Illinois College of Law, discusses the First Circuit's decision not to change venue in the Boston Marathon bombing trial...The claim that a local jury can't be unbiased in a case...

The US Supreme Court ruled Tuesday in Lawson v. FMR LLC that the whistleblower provision 18 USC § 1514A of the Sarbones Oxley Act of 2002 (SOX) protects...

The US Court of Appeals for the Second Circuit on Thursday upheld the dismissal of a lawsuit brought by South Korea's Woori Bank against Bark of America's Merrill Lynch unit. The lawsuit, which...

Judge Simeon Lake of the US District Court for the Southern District of Texas on Friday reduced the prison sentence of former Enron CEO Jeffrey Skilling from more than 24 years...