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CHARLOTTE, N.C.—Womble Carlyle attorney Clark Goodman will discuss the impact of The United States v. Heinz ruling at a June 23rd webinar. The Webinar is presented by Knowledge Group/The Knowledge Congress.
The U.S. Department of Justice (DOJ) has been aggressively utilizing the civil money penalty provision of the Financial Institutions Reform, Recovery and Enforcement Act (FIRREA) to investigate and sue banks and persons suspected of financial fraud. Since its enactment in the wake of the savings and loan crisis in the 1980s, there has been a scarcity of case law on the issue of when a fraud affects a financial institution because the government seldom used FIRREA prior in 2010. However, in June 2015, the Act incurred a sudden boost when the U.S. Court of Appeals for the Second Circuit affirmed the conviction of three former UBS Financial Services, Inc. (UBS) employees charged with bank and wire fraud. Three individuals - Peter Ghavami, Gary Heinz, and Michael Welty - were indicted in 2011 in a six-count superseding indictment charging them with fraud that affected a financial institution.
In a two-hour live Webcast, Goodman will join a panel of thought leaders and practitioners assembled by The Knowledge Group to offer a thorough discussion of FIRREA as they apply to financial institutions. The panel will discuss recent cases including the Heinz case, and will provide the best guidance and tips as to how to prevent, detect, and defend against these lawsuits.
Some of the major topics to be discussed are:
Click here for more information or to register.
Clark Goodman is a veteran litigation attorney who focuses his practice on financial services litigation, complex commercial disputes, and claims asserting violations of rights secured under the First Amendment to the United States Constitution. Goodman practices in Womble Carlyle’s Charlotte office.