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Financial Services Regulation in the Post-Jarkesy World

On June 27, 2024, the U.S. Supreme Court issued its opinion in Securities and Exchange Commission v. Jarkesy. By a 6-3 vote, the Supreme Court affirmed the Fifth Circuit’s ruling, holding that the Seventh Amendment prohibits...more

Criminal and Civil Enforcement of the Defense Production Act

The Defense Production Act (the “DPA” or “the Act”) and its implementing regulations are among the tools available to the federal government as it responds to the COVID-19 pandemic. The DPA provides the federal government...more

U.S. Supreme Court Limits Restitution Available in Federal Criminal Cases

On May 29, 2018, the United States Supreme Court decided Lagos v. United States, narrowly interpreting the Mandatory Victims Restitution Act of 1996 (“MVRA”) to bar crime victims from recovering the costs of their private...more

DOJ Issues Memorandum Urging Government Lawyers to Dismiss ‘Meritless’ False Claims Act Cases

The Department of Justice recently issued an internal guidance memo to DOJ attorneys regarding the dismissal of meritless False Claims Act (FCA) cases. Michael Granston, the Director of DOJ’s Civil Fraud Section, first made...more

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