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Supreme Court Takes On “Another” in Upholding Hobbs Act Conviction
The Hobbs Act – a law promulgated in 1946 to deal with the infiltration of racketeering activity in labor unions – got a “W” in its column yesterday with the Supreme Court’s issuance of Ocasio v. United States. Justice Alito, writing for the 5-3 majority,… Read More
Update: Second Circuit Limits Government’s “Stream of Payments” Statute of Limitations Theory
Last week, White Collar Alert editor Erin Dougherty reported on the Second Circuit’s unusual summary order reversing the convictions of three former General Electric Co. executives for bid rigging. Yesterday, in a 2-1 decision, the Second Circuit confirmed the expected basis for the reversal, holding… Read More
Convictions of 3 Ex-GE Muni-Bond Execs Reversed by Second Circuit on Summary Order Just Days After Oral Argument
Yesterday, just a week after oral argument, the United States Court of Appeals for the Second Circuit issued a summary order (with an opinion to follow) reversing the convictions of three former General Electric Co. (“GE”) finance executives – Steven Goldberg, Peter Grimm, and Dominick… Read More